Seplat Confirms Presidential Consent On $1.28bn MPNU Deal

2 months ago
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Mohammed Shosanya

 

 

 

Seplat Energy Plc,has announced that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed  that consent has been granted by the Honourable Minister of Petroleum Resources in Nigeria, President Bola Ahmed Tinubu, to proceed with the acquisition of the entire issued share capital of Mobil Producing Nigeria Unlimited (‘MPNU’)

 

 

The company conveyed this in a statement on Tuesday.

 

 

 

“Seplat Energy sincerely thanks His Excellency, President Bola Ahmed Tinubu GCFR, for granting this approval, and appreciates the support and diligence of the various Ministries and regulators for all the work on this Transaction”,it added

 

 

 

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