How ready are IOCs in reducing methane leaks to tame emissions?
More issues are still coming from the latest report published by the International Energy Agency (IEA) on best production models to reduce carbon emissions and drive transition to cleaner energies without affecting rising investments in explorations. IEA in the report…
‘Integrating Eland’s producing assets, operations into Seplat’s portfolio’ll be seamless’
The management of Seplat Petroleum Development Company Plc, has assured seamless integration of assets and operations of its new bride, Eland Oil and Gas Plc. Seplat said in a terse statement made available to our correspondent that “As a leading…
Joining NSE Premium Board raised Seplat’s access to deep pocket investors—Orjiako
The Board Chairman of Seplat Petroleum Development Company Plc, Dr ABC Orjiako, has said that the strategic step taken in 2018 by the company in migrating to the Premium Board of the Nigerian Stock Exchange (NSE) remains a strong boost…
Security, urban nuisance forcing US Consulate to Eko Atlantic City—Findings
Contrary to the claims by the United States Consul-General in Lagos, Mr. John Bray, that the establishment is moving from Victoria Island to Eko Atlantic City on grounds of affording Nigerians better and more accessible services, reactions of people within…
Procurement experts list five key factors frustrating contracts execution in Nigeria
Nigerian experts in contract procurement and supply chain management sector have listed five factors that usually derail majority of shallow or deep pocket contracts of the federal or state governments over the years till now. According to them, the factors…
Puchercos reveals why Lafarge Africa earned membership of NSE Premium Board
The managing director of Lafarge Africa Plc., Mr. Michel Puchercos has given fresh details on the company’s successful journey to earning the prestigious member of the Nigerian Stock Exchange (NSE) premium board membership. In his comments shortly after the induction…
Lafarge, Access Bank, Seplat, UBA now members of NSE premium board
The Nigerian Stock Exchange (NSE) on Monday put paid to its earlier announcement that the quartet of Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc have satisfied all protocols to become…
Seplat, other indigenous oil players spend over $10.4bn acquiring divested assets
Leading drivers of Nigeria’s local content in oil and gas industry have given testimonies showing how their smartness in acquiring majority of divested infrastructures and assets by International Oil Companies (IOCs) lifted their enterprises. Business Hilights recalls that since a…
Seplat gets one more year of moratorium on $150m revolving credit deal
Resilience indigenous player, Seplat Petroleum Development Company Plc on Monday announced a one-year extension of its Revolving Credit Facility to December 31, 2018. A statement posted on the Nigerian Stock Exchange (NSE) website on Monday evening said that the present…
