Business Mergers & Acquisitions Oil & Gas Top Story

Seplat Energy nears completion of ExxonMobil asset acquisition amidst legal hurdles

In a landmark move that could reshape the landscape of Nigeria’s oil industry, Seplat Energy is on the verge of concluding its acquisition of ExxonMobil’s Nigerian shallow water oil assets, valued at a colossal $1.28 billion. This development comes after the Nigerian National Petroleum Corporation (NNPC) withdrew its legal challenge against the sale, which had Read More…

Business Oil & Gas

Seplat Energy reaches milestone in ANOH Gas Plant installation

Seplat Energy Plc announced the successful mechanical completion of its ANOH gas plant installation on December 29, 2023, aligning with the revised schedule, as shared by Mrs. Chioma Afe, Director of External Affairs & Social Performance at Seplat Energy. Afe highlighted the remarkable achievement, emphasising the safety focus that resulted in completing the installation without Read More…