SEPLAT

Seplat declares $0.05 dividend amid prevailing global challenges

Seplat declares $0.05 dividend amid prevailing global challenges

…Expands into midstream gas processing to reduce carbon emissions By Peter Egwuatu Despite the restraints of the COVID-19 pandemic and the recent unrest in Nigeria, Seplat  Petroleum Development  Company Plc, has announced a $0.05 dividend payout to shareholders for the period whilst remaining confident that its cost-cutting initiatives and prudent management of cash would enable […]
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Adequate technology will address poor forecast, risks in oil industry  — Seplat

Adequate technology will address poor forecast, risks in oil industry — Seplat

The Executive Director, Operations, at Seplat Petroleum Development Company Plc, Mr. Effiong Okon, has said the right adoption of contemporary technologies like Artificial Intelligence (AI), big data and mobile technology will not only drive planning and forecast in the Nigerian oil industry, but will help in addressing like risks associated with the business.

FID on ANOH gas project taken

FID on ANOH gas project taken

Seplat Petroleum Development Company Plc, has taken a Final Investment Decision, FID, for Amukpe to Escravos 160,000 barrels of oil per day, (bopd), alternate export pipeline. This will provide a third export option for liquids production at Oil Mining Licences, OMLs, 4, 38 and 41 and will be coming on stream in the second quarter of 2019, Q2’19.

Vanguard Detty December