Heirs Energies Limited, one of Africa’s leading indigenous integrated energy company, has acquired a 20.07% equity stake in Seplat Energy Plc from Maurel & Prom S.A. in a transaction valued at approximately $500 million. This makes Heirs Energies the single largest shareholder in Seplat, a leading Nigerian independent energy producer listed on both the Nigerian […]
Seplat Energy has achieved the prestigious ISO 45001:2018 certification, presented by Bureau Veritas, marking another milestone in the company’s journey toward operational excellence and sustainability. The globally recognized certification highlights Seplat Energy’s leadership and unwavering dedication to protecting its workforce, contractors, and host communities. It reflects the company’s proactive approach to risk management, emphasizing that […]
Seplat Energy Plc, Nigeria’s leading independent energy company, has reported a landmark performance for the first nine months of 2025, generating over $1 billion in operating cash flow — a 183% year-on-year increase. According to the company’s unaudited financials, Seplat’s after-tax cash flow from operations hit $1.01 billion, driven by robust crude liftings, expanded offshore […]