Seplat Energy CEO Roger Brown
Seplat Energy Plc has recommit to harnessing the vast opportunities and play a key role in driving transformation in Nigeria’s energy sector.

The company said the enormous gas resources in its asset portfolio provide a huge opportunity to boost Nigeria’s electricity generation and lead development of the country.

The Chief Executive Officer, Seplat Energy, Roger Brown, while speaking on a panel session at the Nigerian International Energy Summit (NIES), in Abuja, said: “We have a strong commitment to sustainability and sound governance and we believe this is important to IOCs when they divest assets.

“We are a listed company bound by strong sustainability and governance demands of regulators and investors in Nigeria and elsewhere, and so there is a high degree of assurance that we will be very transparent about what we do with these assets and how we look after the environment.”

Brown said the opportunities in Nigeria were very vast, especially sub-surface opportunities, and Seplat Energy remained committed to harnessing these opportunities and driving transformation in Nigeria.

“With these asset acquisitions coming through, it is a new dawn for Nigeria and the Nigerian people. It is an opportunity to develop and transform Nigeria; and SeplatEnergy Group will be a very dominant player in this space,” Brown said.

“With the acquisition of Mobil Producing Nigeria Unlimited- renamed Seplat Energy Producing Nigeria Unlimited (SEPNU), Seplat Energy is now one of the largest oil and gas producers in Nigeria, and as a partner to government, the company is aligned with its drive to increase oil and gas production in the national interest.”

According to Brown, Seplat Energy has proved itself to be a highly credible operator and a good steward of Nigeria’s natural resources. “We have been operating for more than 15 years and our dual listing in 2014 showed that international financial markets had confidence in the company and its business model. This is because we’ve proven ourselves to be very capable of acquiring assets and improving their production, which benefits everyone in Nigeria.”