Seplat Energy Plc, leading Nigerian independent energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE), has emerged as the Leadership Newspaper Oil & Gas Company of the Year.
The Company was honoured at the recently concluded Leadership Annual Conference and Awards held in Abuja.
According to the media Group, Seplat Energy was recognised for striving to end routine flares in its operations by committing $11.5m towards projects that will end flaring and another $10.8m towards installing gas compression facilities at the flow stations in Amukpe, Oben and Sapele.
The media group stated: “Seplat Energy is a leading supplier of processed natural gas to the expanding Nigerian domestic market with working interest gas volumes averaged 112.3 million metric standard cubic feet per day (MMscfd), 30 percent of processed gas used for electricity in Nigeria.
“In 2023, the company committed $11.5 million towards projects that will end routine flares in its operations, including $10.8m towards installing gas compression facilities at the flow stations in Amukpe, Oben and Sapele, and $0.7m towards incineration at the Amukpe flow station.
The Chairman, Leadership Group, Mrs. Zainab Nda-Isaiah, earlier in her remarks, said the conference and awards provided an exceptional platform in setting the agenda and offering solutions to many of the country’s problems and to reward excellence in business and politics.
The keynote address of the event was delivered by the former deputy governor of the Central Bank of Nigeria (CBN) and renowned political economist, Prof. Kingsley Moghalu.
Commenting on the awards, the Director, External Affairs & Social Performance, Chioma Afe, thanked the Leadership Group for the honour and recognition. She said: “Seplat Energy has a sustained ability to deliver growth across board and will continue to create the needed value for all its stakeholders. Today, we are challenged by this award to continue to do and give more as a Company.”
