Seplat Energy Plc, Nigeria’s foremost independent energy provider, has been awarded the prestigious “Gas Investment Leadership Award” by the Gas Investment Forum. The accolade recognizes Seplat Energy’s transformative contributions to Nigeria’s gas sector and its unwavering commitment to driving the nation’s energy transition and economic growth.
The award presentation took place during a courtesy visit by the Forum’s management team to Seplat Energy’s headquarters in Lagos. It marked the culmination of the 2024 Gas Investment Forum, held from October 21-22 at the Oriental Hotel, Lagos, which brought together industry leaders, policymakers, and stakeholders to discuss strategies for leveraging gas as a catalyst for sustainable development.
Accepting the award on behalf of the CEO, Mr. Roger Brown, the company’s Director of External Relations & Sustainability, Mrs. Chioma Afe, said:
“This recognition underscores Seplat Energy’s dedication to transforming Nigeria’s energy landscape. Our investments in gas infrastructure and cleaner energy solutions reflect our commitment to powering the nation’s growth while addressing environmental sustainability.”
Seplat Energy has consistently demonstrated leadership in delivering energy solutions through innovative projects and strategic investments, positioning itself as a linchpin in Nigeria’s energy ecosystem.
Working interest production averaged 47,525 barrels of oil equivalent per day (boepd) as of Q3 2024, with nine wells completed year-to-date. The company remains on track with its drilling program and has narrowed its 2024 production guidance to 46,000–50,000 boepd.
The Oben Gas Plant completed a successful maintenance turnaround, paving the way for increased production in Q4 2024. Additionally, the Trans Niger Pipeline’s improved availability has supported higher production levels.
The ANOH Gas Project saw the completion of a 23km spur line, with first gas now expected in Q2 2025 due to pipeline delays. This project is integral to increasing Nigeria’s gas processing capacity.
Seplat Energy’s commitment to reducing its carbon footprint includes ongoing projects to end routine flaring, expected to cut emissions by up to 70% from mid-2025 onward. Despite temporary increases in emissions during planned maintenance, the company maintains a strong safety culture, achieving 8.2 million man-hours without a Lost Time Injury (LTI) year-to-date.
Founded in 2010, Seplat Energy has grown into a vital player in Nigeria’s energy sector, supplying over 30% of the gas used for power generation in the country. Its strategic assets, including the Oben Gas Plant and ANOH Gas Project, underscore its commitment to delivering cleaner, more reliable energy that drives industrial growth and enhances national energy security.
Seplat Energy’s vision of delivering sustainable energy solutions aligns with Nigeria’s economic and environmental goals. As a dual-listed company on the Nigerian Exchange and London Stock Exchange, it continues to attract investments and partnerships that amplify its impact in transitioning Nigeria toward a gas-powered future.
The “Gas Investment Leadership Award” reflects Seplat Energy Plc’s steadfast commitment to innovation, operational excellence, and its dedication to addressing Nigeria’s growing energy demands responsibly and sustainably, reinforcing its role as a leader in the nation’s energy transition.
The Gas Investment Forum is a premier platform fostering dialogue and collaboration within Africa’s gas industry. Focused on unlocking the continent’s energy potential, the Forum emphasizes investment opportunities, policy development, and infrastructure expansion, driving sustainable economic growth across West Africa.
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