LONDON, UK: Seplat Energy, a leading Nigerian energy company dual listed on both the Nigerian and the London Stock Exchanges, announced that Mr. Basil Omiyi, CON, has been appointed as the Company’s new Independent Non-Executive Chairman, effective immediately. His appointment follows a thorough assessment of internal and external candidates and was approved after a unanimous…
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Seplat Energy to acquire Mobil Producing Nigeria Unlimited for $1.28bn
LONDON, UK: Seplat Energy Plc, a leading Nigerian energy company, has entered into an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation, Delaware. Completion of the Transaction is subject to Ministerial Consent and other required regulatory approvals. Seplat Energy will acquire the entire share capital of…