seplat

Seplat Raises Questions Over Cancellation Of Exxonmobil Deal

August 12, 2022 5:32 am

Seplat Energy on Thursday disclosed that it had yet received any formal notice from the Federal Government retracting its intended purchase of the whole share capital of Mobil Producing Nigeria Unlimited.

Additionally, the corporation stated that it was looking for clarity from the appropriate authorities on claims that President, Major General Muhammadu Buhari (ret.d), who also serves as Minister of Petroleum Resources, had revoked his ministerial authorization for the sale.

‘Seplat Energy has become aware of a news report claiming that ministerial approval of the company’s proposed acquisition of the entire share capital of Mobil Producing Nigeria Unlimited has been

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NNPC, Seplat, Set 2023 Target Date To End Fuel Importation

December 14, 2019 12:22 pm

As part of plans to guarantee energy security and stop petroleum products importation by 2023 in the country, the Nigerian National Petroleum Corporation (NNPC) has commenced the first phase of establishing the first condensate refinery in the country with a firm commitment to take the Final Investment Decision (FID) on it in July, 2020.

The Group Managing Director of the NNPC, Mele Kyari, disclosed this yesterday at the signing of the Front-End Engineering Design (FEED) phase of the condensate refinery project at the NNPC Towers in Abuja, a release by NNPC Acting Group General Manager, Group Public Affairs, Mr. Samson …