Seplat has no plan to sack workers despite COVID-19 challenges – Dr. Orjiako
The Chairman, Seplat Petroleum Development Company Plc, Dr. A.B.C. Orjiako in this interview with Vanguard shortly after its first virtual 7th Annual General Meeting, AGM speaks on why the Company won’t sack its workers despite the challenges of COVID-19. He also narrated Company’s support to the Federal Government in closing the gap in power infrastructure by investing in gas, future acquisition plans, the need for cleaner energy; the sustenance of improved shareholders’ value, financial performance among others.
Court grants $144m judgment against Orjiako, Seplat boss
A Federal High Court sitting in Lagos has certified a judgment delivered by the High Court of Justice Queen’s Bench Division and upheld by the Supreme Court of the United Kingdom, directing Shebah Exploration and Production Company Ltd, Allenne Ltd and Dr. Ambrosie Bryant Chukwueloka Orjiako, Chairman of Seplat Petroleum to pay African Export-Import Bank, Diamond Bank Plc and Skye Bank Plc, the sum of $144.2 mill
SEPLAT commissions Oben Cottage Hospital, holds Safe Motherhood Programme
SEPLAT Petroleum Development Company Plc has commissioned the renovated Oben Cottage Hospital in Oben, Edo State.
Oil communities storm Owerri, insist on MoU with Seplat
OVER 500 youths from four oil communities in Awarra Court area in Ohaji/Egbema local government area, Imo State, yesterday blocked the gate to Seplat oil company, demanding that the company must sign Global Memorandum of understanding, GMOU, with them.
NNPC, Seplat sign agreements to supply 3.4bscfd of gas by 2020
The Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company (SPDC) have signed five agreements to expedite the development of a project aimed at delivering about 3.4 billion standard cubic feet of gas per day by 2020.
NNPC, Seplat seal five deals for 300mmscfd gas plant in Imo
The Nigerian National Petroleum Corporation, NNPC, Monday, signed five agreements with Seplat Petroleum Development Company, SPDC, for the Assa North and Ohaji South (ANOH) gas development scheme, which would see the construction of an initial 300 million standard cubic feet per day (mmscfd) gas processing plant in Imo State.
UBA, SEPLAT, 29 others lead equity market to post 0.84% gain
The Nigerian equity market closed higher on Monday as it gained 0.84 percent following the appreciation in the share price of United Bank for Africa, UBA Plc, Seplat Petroleum Development Company Plc and 29 other companies , thus extending uptrend to three consecutive trading sessions.
Seplat eyes acquisition opportunities in corporate, govt assets
SEPLAT Petroleum Development Company Plc, has revealed its intention to acquire valuable asset in the oil and gas sector from either corporate or government owned asset to consolidate its business organically and contribute its part in growing the economy.
NSE to migrate Access Bank, Lafarge Africa, UBA, Seplat to Premium Board
The Nigerian Stock Exchange (NSE) on Thursday announced plans to migrate Access Bank, Lafarge Africa, Seplat and United Bank for Africa (UBA) Plc to its Premium Board.
Seplat refinances $300m revolving credit facility, raises $350m notes
Seplat Petroleum Development Company Plc, yesterday announced that it has successfully refinanced its existing US$300 million Revolving Credit Facility (RCF) due December 2018 with a new four year US$300 million RCF due June 2022.
Seplat rates Nigeria high on oil, gas reserves, investment
Seplat Petroleum Development Company has rated Nigeria high on oil and gas reserves as well as investment.
