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Seplat Energy to Buy Exxon Mobil's Shallow Water Assets in Nigeria for Up to $1.6 Billion

By Jaime Llinares Taboada

Seplat Energy PLC said Friday that it has agreed to acquire Exxon Mobil Corp. s shallow water assets in Nigeria for $1.28 billion plus up to a $300 million contingent. | February 25, 2022 ....

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ExxonMobil To Sell Stake In Mobil Producing Nigeria To Seplat Energy; Terms Not Disclosed

IRVING (dpa-AFX) - Oil major Exxon Mobil Corp. (XOM) Friday announced its agreement to sell its equity interest in Mobil Producing Nigeria Unlimited to Seplat Energy, a Nigerian oil and gas company ....

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Exploration, production and Africa's frontier markets

The African Energy Chamber spoke with Tim O’Hanlon, Senior Advisor for the Oslo-listed energy and power company, Panoro Energy, about the continent’s production challenges, the role exploration will play, and Africa’s significance as a frontier gas market. ....

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Market capitalisation rises by N404 billion as bulls make rebound

The bulls regained dominance on the equities sector of the Nigerian Exchange Limited (NGX), as many blue-chip companies recorded price appreciation, causing market capitalisation ....

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Avuru's lawyer says SEPLAT allegations against him are 'fictitious' — Nigeria — The Guardian Nigeria News – Nigeria and World News

Founder and former MD/CEO of Seplat, Austin Avuru, has urged members of the public to disregard his purported sacking as a non-executive director of the company. Avuru in a statement by his lawyer, Osaro Eghobamien, SAN and Folabi Kuti, SAN of Perchstone and Graeys, said the general public should discredit the sack announced by Seplat […] ....

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