Seplat Energy: Powering Nigeria’s Future—A Look at Our Vision and Core Operations

In the dynamic world of energy, few companies embody the spirit of indigenous excellence and global ambition quite like Seplat Energy Plc.

As a leading Nigerian independent energy company, we are not just focused on barrels and fields; we are focused on securing a sustainable energy future for Nigeria and delivering exceptional value for our stakeholders.

If you’ve ever wondered what drives our operations, what sets us apart on the global stage, and how we are actively shaping the nation’s energy landscape, read on as we lift the curtain on who we are and the core services we offer.

Who We Are: Excellence, Independence, and Dual Listing

Seplat Energy was founded on the vision of becoming a champion of operational excellence and an industry leader, maximizing indigenous participation in Nigeria’s crucial oil and gas sector.

A Global Company with Deep Local Roots

Our identity is defined by two key factors:

1. Indigenous Leadership: We are committed to maximizing Nigerian content capabilities, driving economic growth, and operating with deep respect for the communities in which we work.
2. Global Standards: We are proud to be dual-listed on both the Nigerian Exchange (NGX) and the London Stock Exchange (LSE). This dual-listing status is a powerful indicator of our governance, transparency, and adherence to the highest international reporting and operational standards. It positions us as a trusted investment for both local and global investors.

Our Mission

Our mission is clear: to be a globally respected, indigenous, energy company with a focus on gas, delivering value to all stakeholders through operational excellence and ethical practice. We are committed to leveraging technology and innovation to responsibly develop and monetize Nigeria’s energy resources.

Our Core Services: The Dual Engine of Energy Production

Seplat Energy’s operational structure is built around managing complex upstream assets, focusing heavily on both oil production (for stability) and gas processing (for the future). Our services fall into two primary, interconnected pillars:

1. Oil Exploration and Production (E&P)

Oil remains the bedrock of our financial stability, and our operations are centered on maximizing the value of our producing assets in the prolific Niger Delta area.

What we do:

• Field Development and Optimization: We focus on developing brownfield and near-field opportunities through strategic drilling and workover programs to boost production and recovery rates responsibly.
• Operational Efficiency: We employ advanced technologies and strict safety protocols to ensure efficient, safe, and reliable extraction and transportation of crude oil.
• Asset Management: We operate multiple Oil Mining Leases (OMLs), demonstrating our proficiency in managing complex joint ventures and maximizing returns from mature assets.

2. Gas Aggregation and Processing (The Growth Engine)

Recognizing Nigeria’s critical need for reliable power and the global shift toward cleaner energy, our investments in gas infrastructure are massive and strategic. Gas is the heart of our strategy for the energy transition.

What we do:

• Gas-to-Power Initiatives: Seplat is a vital supplier of natural gas to the domestic market, specifically supporting major independent power plants (IPPs) and contributing significantly to the nation’s electricity generation capacity. This work is foundational to powering industries, homes, and future economic growth.
• Processing and Treatment: We own and operate world-class gas processing facilities that clean, treat, and compress natural gas, ensuring it meets the stringent quality requirements for downstream users.
• Infrastructure Development: Our focus includes continuous investment in pipelines and processing capacity to unlock stranded gas resources and ensure dependable supply across the country.

Beyond the Barrel: Sustainability and Stakeholder Value

At Seplat Energy, ‘service’ extends far beyond extraction. Our commitment to Environmental, Social, and Governance (ESG) principles is integrated into every aspect of our operations.

Social Performance and Community Engagement

Working closely with host communities is non-negotiable. Our social investments are focused on creating shared value and long-term impact through:

• Education: Programs like the PEARLs Quiz competition and scholarship schemes are designed to boost academic excellence among youth.
• Healthcare: Investments in local medical infrastructure and health initiatives to improve community well-being.
• Local Content Development: Prioritizing local contractors and suppliers to foster sustainable economic empowerment within our operating areas.

Driving the Energy Transition

We are actively repositioning Seplat Energy to thrive in a lower-carbon future. While we continue to manage our oil assets responsibly, our strategic pivot to gas—a cleaner-burning fossil fuel—positions us as a key driver of Nigeria’s transition pathway. We are committed to minimizing emissions, enhancing operational safety, and maintaining the highest standards of environmental stewardship.

Partnering for Progress

Seplat Energy is more than an energy company; we are an anchor institution dedicated to propelling Nigeria toward a more industrialized and electrified future. We combine the agility of an independent operator with the high standards expected of a globally-listed entity.

Whether through our reliable supply of domestic gas, our commitment to operational safety, or our deep investments in community development, everything we do is aimed at delivering energy responsibly and creating sustained value for our shareholders, partners, and the nation.

To learn more about our strategic priorities, operational assets, and latest sustainability initiatives, we invite you to explore our website at https://www.seplatenergy.com/.