Business News of Wednesday, 22 January 2025

Source: www.mynigeria.com

Seplat deepens partnership with Akwa Ibom

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Seplat Energy Plc, has strengthened its partnership with the Akwa Ibom State Government for sustainable development.

This was revealed during a courtesy visit to the State Governor, Umo Eno, by a Seplat delegation led by the Board Chairman, Senator Udo Udoma.

According to Sen. Udoma, the firm recently finished its acquisition of Mobil Producing Nigeria Unlimited by Seplat Energy Offshore Limited.

He added that the entity will now be known as Seplat Energy Producing Nigeria Unlimited (SEPNU), retaining all assets and liabilities of the previous company.

Udoma also outlined the company’s goal of contributing to meeting Nigeria’s strategic oil and gas aspirations while supporting the socio-economic development of Akwa Ibom State.

He said: “We are honoured to have the opportunity to engage with the Akwa Ibom State Government and present our vision for a collaborative future.

"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.”

Governor Eno, who welcomed the Seplat team and expressed hope that the collaboration between the state government and SEPNU will bring tangible results for the people, boost the local economy and promote sustainable development.