Shell contractors killed in Nigeria ambush
An attack in Nigeria’s Imo State has left seven Shell contractors dead, according to local reports.
Seplat Petroleum
Seplat increases gas and lines up name change
Seplat Petroleum has ramped up production in the first quarter and has set out plans to rebrand as Seplat Energy.
Seplat completes funding for ANOH project
Seplat Petroleum has raised cash for its ANOH gas plan from a group of primarily Nigerian banks.
Seplat signs deal to supply Waltersmith refinery
Seplat Petroleum will supply crude to Waltersmith Petroman’s new modular refinery, cutting pipeline losses.
Buhari inaugurates Waltersmith refinery
Nigerian President Muhammadu Buhari has welcomed the launch of the Waltersmith modular refinery, in Ibigwe, Imo State, and the groundbreaking for the second phase.
Hull rupture hits Seplat’s export link at OML 40
Seplat Petroleum has reported another accident at its OML 40, in the Niger Delta.
Oil woes hit Seplat, while gas holds up
Lower oil prices cut into Seplat Petroleum’s revenues for the first nine months of the year, to $388 million down from $494.9mn for the same period of 2019.
Seplat swings into action over water well problems
Seplat Petroleum has investigated reports of hydrocarbons in some Delta State water wells and is providing assistance to locals.
Avuru out, Brown in at Seplat
Austin Avuru has retired from his position as CEO of Seplat Petroleum, paving the way for Roger Brown, current CFO, to take the top spot.
Seplat feels pinch as prices fall
Seplat fell to a loss in the first half of the year as oil prices roughly halved, from $65.16 per barrel in the first half of 2019 to $35.94.
Valve station explosion kills seven in Niger Delta
An explosion at a valve station has killed seven people in Nigeria’s OML 40.
Seplat ups spending, delays ANOH start
Seplat Petroleum’s revenue fell to $130 million in the first quarter, down 18%, with the company blaming an under lift of oil and lower prices.
Seplat touts resilience, shift to gas
Seplat Petroleum’s revenue fell 6.5% in 2019 while cash flow from operations fell 32.7%, but the company was keen to highlight its resilience to the current macroeconomic shock.
Making progress with Progressive TSL
Working in different locations presents various logistical problems for companies – a problem Progressive TSL aims to tackle.
Eland sale puts Westhill base on thin ice
Nigeria’s Seplat Petroleum has completed its acquisition of Eland Oil and Gas, which owns assets in Nigeria’s Niger Delta.
Seplat makes Eland £380 million offer
Nigeria’s Seplat Petroleum has reached an agreement to acquire Aberdeenshire-headquartered Eland Oil and Gas for more than £380 million.