Nigeria s Tinubu Commissions Three Gas Infra Projects rigzone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rigzone.com Daily Mail and Mail on Sunday newspapers.
Seplat Energy PLC on Thursday announced the commissioning of the ANOH gas processing plant in Nigeria.
The Nigeria-focused oil and gas producer said the plant was formally commissioned by Nigerian.
Imo Oil Producing LGAs Petition Buhari over Lopsided Appointment in NDDC thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
Seplat Plc.âs Earnings Bounced Back Strongly on Higher Oil Prices
eplat Petroleum Development Company (Ticker: SEPLAT) Plc.âs earnings bounced back strongly on higher oil prices as the global economy heals gradually following the pandemic, analysts maintain buy rating due to strong upside potential.
Profit margin had hit the bottom following the outbreak of coronavirus pandemic in the financial year 2020 when oil prices slide strongly due to lack of demand.
In its first quarter (Q1) of 2021, the indigenous oil exploration and production company saw its profit after tax payment expanded from loss position to profitability.
âWe like that the company grew PAT by over two-fold in the period under review, a development triggered by higher oil price-induced expansion in revenue , rising 6.8% quarter on quarterâ, Chapel Hill Denham said in a report.