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Sustainable development: Seplat Energy to strengthen partnership with Akwa Ibom govt

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Nigeria’s leading indigenous oil and gas producer, Seplat Energy Plc, has expressed its commitment to partnering with the Akwa Ibom State Government for sustainable development.

This was disclosed during a courtesy visit to the State Governor, His Excellency, Pastor Umo Eno, by a Seplat delegation led by the Board Chairman, Senator Udo Udoma, in Uyo.

The Seplat delegation used the occasion to formally brief the Governor on the recent completion of the acquisition of Mobil Producing Nigeria Unlimited by Seplat Energy Offshore Limited, clarifying that the entity will now be known as Seplat Energy Producing Nigeria Unlimited (SEPNU), retaining all assets and liabilities of the previous company.

The Chairman further outlined the company’s objective of significantly contributing to meeting Nigeria’s strategic oil and gas aspirations while supporting the socio-economic development of Akwa Ibom State. Emphasizing its commitment to sustainable operations, Senator Udoma highlighted key areas where SEPNU aims to collaborate closely with the state government and communities to ensure long-term mutual benefits to all parties.

“We are honored to have the opportunity to engage with the Akwa Ibom State Government and present our vision for a collaborative future,” said Sen. Udoma. “Our commitment is not only to the growth of our operations but also to the well-being and prosperity of the communities where we operate. We are confident that through strong partnerships and shared goals, we can bring significant economic and social benefits to the country, state, and our communities.

“Seplat Energy Plc is Nigeria’s leading indigenous energy company.

“It is listed on the Premium Board of the Nigerian Exchange Limited (NGX: SEPLAT) and the Main Market of the London Stock Exchange (LSE: SEPL).

“Seplat Energy is pursuing a Nigeria-focused growth strategy and is well positioned to participate in future asset divestments by international oil companies, farm-in opportunities, and future
licensing rounds.

“The Company is a leading supplier of gas to the domestic power generation market”. He explained.

Governor Umo Eno welcomed the Seplat team which also included the Group Chief Executive Officer, Roger Brown, and the Managing Director of Seplat Energy Producing Nigeria Unlimited, Mr. Oladotun Isiaka.

He assured the team of the state government’s unwavering support and continued commitment to creating an enabling environment for the company’s operations. He expressed hope that the collaboration between the state government and SEPNU will yield tangible benefits for the people, boost the local economy, and promote sustainable development.

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