Acquisition:Seplat Energy Changes Name

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 Seplat Energy Plc,has changed its name to Seplat Energy Producing Nigeria Unlimited (SEPNU),following the company’s recent completion of the acquisition of Mobil Producing Nigeria Unlimited. 

The company’s board chairman,Senator Udoma Udo Udoma,who disclosed this on Tuesday when he led Seplat’s delegation to the Governor of Akwa Ibom State,Umo Eno,said the new company retains all assets and liabilities of the previous one. 

He pledged the company’s commitment to partner  the Akwa Ibom State Government on sustainable development.

He outlined the company’s objective of significantly contributing to meeting Nigeria’s strategic oil and gas aspirations,while supporting the socio-economic development of Akwa Ibom State.

Emphasizing the company’s commitment to sustainable operations, Senator Udoma highlighted key areas where SEPNU aims to collaborate closely with the state government and communities to ensure long-term mutual benefits to all parties.

He said: “We are honored to have the opportunity to engage with the Akwa Ibom State Government and present our vision for a collaborative future,” said Sen. Udoma. “Our commitment is not only to the growth of our operations but also to the well-being and prosperity of the communities where we operate.

 “We are confident that through strong partnerships and shared goals, we can bring significant economic and social benefits to the country, state and our communities.”

Governor Umo Eno welcomed the Seplat team,which also included the Group Chief Executive Officer, Roger Brown and the Managing Director of Seplat Energy Producing Nigeria Unlimited, Mr. Oladotun Isiaka.  

He assured the team of the state government’s support and continued commitment to creating an enabling environment for the company’s operations. 

He expressed optimism that the collaboration between the state government and SEPNU will yield tangible benefits for the people, boost the local economy and promote sustainable development.

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