Seplat Energy Plc continues to thrive on a foundation of strategic planning, strong corporate governance, and a dedicated workforce, with a firm commitment to Nigeria’s development and government collaboration.
According to a statement from Seplat, its Chief Executive Officer, Mr. Roger Brown, emphasized these key drivers of growth while speaking at a panel session during the Nigerian International Energy Summit (NIES) in Abuja last week. Brown highlighted the vast opportunities within Nigeria’s energy sector, particularly in sub-surface resources, and reaffirmed Seplat Energy’s dedication to harnessing them for national transformation.
“With these asset acquisitions coming through, it is a new dawn for Nigeria and its people,” Brown stated. “This is an opportunity to drive development and transformation, and Seplat Energy Group is poised to play a dominant role in this space.”
He further emphasized that Seplat Energy’s success is anchored in its well-defined strategies, skilled workforce, and strong corporate governance framework. “We are actively collaborating with key stakeholders to align with national energy goals,” he added.
Following its acquisition of Mobil Producing Nigeria Unlimited—now renamed Seplat Energy Producing Nigeria Unlimited (SEPNU)—the company has become one of Nigeria’s largest oil and gas producers. As a government partner, Seplat Energy supports national efforts to boost oil and gas production for economic growth.
Brown underscored Seplat Energy’s reputation as a credible operator and responsible steward of Nigeria’s natural resources.
“For more than 15 years, we have demonstrated operational excellence. Our dual listing in 2014 reinforced international confidence in our company and business model. We have consistently acquired assets and enhanced their productivity, benefiting the entire country,” he said.
Seplat Energy employs best-in-class Well Reservoir and Facility Management (WRFM) practices, implementing strategies that optimize Short-Term Oil Generation (STOG) and maximize returns from new wells. These approaches minimize the need for costly workovers and maximize the value of new drills.
Highlighting the company’s role in Nigeria’s energy future, Brown stated that Seplat Energy’s vast gas resources present a significant opportunity to enhance electricity generation and accelerate national development.
“We are deeply committed to sustainability and sound governance, which are critical considerations for international oil companies (IOCs) when divesting assets. As a publicly listed company, we adhere to strict sustainability and governance standards set by regulators and investors in Nigeria and beyond. This ensures transparency in our operations and responsible environmental stewardship,” Brown concluded.
