Home / Companies / Seplat Energy Plc
Seplat Energy Plc
Jurisdiction: NigeriaRegistry ID: —Entity ID: ent_seplat-energy-plc_1
status: activeas of 31 Oct 2026reviewed 31 Oct 2026draft
Identity
Former names: Seplat Petroleum Development Company Plc
Sector: Oil and gas exploration and production, Energy
Chief Executive Officer: Roger Brown C S&P Global Commodity Insights, Nigeria's Seplat completes acquisition of ExxonMobil oil assets (12 Dec 2024) · retrieved 31 Oct 2026
website: https://www.seplatenergy.com B Seplat Energy Plc, Seplat Energy to acquire ExxonMobil's shallow water business in Nigeria () · retrieved 31 Oct 2026
Operations
Countries: Nigeria
Services: Upstream oil and gas exploration and production, Gas processing
Public-sector counterparties: Mobil Producing Nigeria Unlimited (acquired from ExxonMobil)
Attributed claim · as of 11 Apr 2025
Seplat Energy describes itself as a Nigerian energy company listed on the Nigerian Exchange (SEPLAT) and the London Stock Exchange (SEPL). — company statement
A Financial Conduct Authority - National Storage Mechanism (RNS), Seplat Energy PLC - Publication of 2024 Annual Report and Notice of AGM (11 Apr 2025) · retrieved 31 Oct 2026 · B Seplat Energy Plc, Seplat Energy to acquire ExxonMobil's shallow water business in Nigeria () · retrieved 31 Oct 2026
Assessment
What is confirmed, what is attributed, what is disputed and what remains open — kept separate by design.
Confirmed fact · as of 31 Oct 2026
Seplat Energy Plc is a Nigerian company dual-listed on the London Stock Exchange (SEPL) and the Nigerian Exchange (SEPLAT), and published audited Annual Report and Accounts for the year ended 31 December 2024.
A Financial Conduct Authority - National Storage Mechanism (RNS), Seplat Energy PLC - Publication of 2024 Annual Report and Notice of AGM (11 Apr 2025) · retrieved 31 Oct 2026
Attributed claim · as of 31 Oct 2026
Seplat agreed to acquire Mobil Producing Nigeria Unlimited (MPNU), ExxonMobil's shallow-water business in Nigeria, with completion subject to Ministerial Consent, according to Seplat's own announcement. — company statement (Seplat Energy Plc)
B Seplat Energy Plc, Seplat Energy to acquire ExxonMobil's shallow water business in Nigeria () · retrieved 31 Oct 2026
Attributed claim · as of 12 Dec 2024
Seplat completed its acquisition of ExxonMobil's MPNU for almost US$1.3 billion, gaining interests in OMLs 67, 68, 70 and 104 and the Qua Iboe terminal, after Nigeria's NUPRC granted consent and NNPC's pre-emption challenge was dropped in June 2024, as reported by S&P Global Commodity Insights. — S&P Global Commodity Insights (as reported by)
C S&P Global Commodity Insights, Nigeria's Seplat completes acquisition of ExxonMobil oil assets (12 Dec 2024) · retrieved 31 Oct 2026
Attributed claim · as of 12 Dec 2024
Seplat CEO Roger Brown described the MPNU completion as a major milestone and said the company plans to increase oil and gas production while reducing costs and emissions, as reported by S&P Global Commodity Insights. — S&P Global Commodity Insights (as reported by), citing Roger Brown
C S&P Global Commodity Insights, Nigeria's Seplat completes acquisition of ExxonMobil oil assets (12 Dec 2024) · retrieved 31 Oct 2026
Unanswered question · as of 31 Oct 2026
Seplat's Nigerian corporate registration (RC) number and incorporation date were not established from the sources checked as of this review.
A Financial Conduct Authority - National Storage Mechanism (RNS), Seplat Energy PLC - Publication of 2024 Annual Report and Notice of AGM (11 Apr 2025) · retrieved 31 Oct 2026
Unanswered question · as of 31 Oct 2026
Reported post-acquisition production and reserves figures varied between sources and were not confirmed against a primary filing, so exact post-MPNU output and 2P reserves are left open.
C S&P Global Commodity Insights, Nigeria's Seplat completes acquisition of ExxonMobil oil assets (12 Dec 2024) · retrieved 31 Oct 2026
Evidence library
Full evidence library → — primary records first.
regulatory notice · 11 Apr 2025
FCA National Storage Mechanism RNS (11 April 2025) recording Seplat Energy PLC's publication of its Annual Report and Accounts for the year ended 31 December 2024 and notice of its twelfth AGM; confirms dual listing on the LSE (SEPL) and the Nigerian Exchange (SEPLAT).
A Financial Conduct Authority - National Storage Mechanism (RNS), Seplat Energy PLC - Publication of 2024 Annual Report and Notice of AGM (11 Apr 2025) · retrieved 31 Oct 2026
Relevance: Primary regulator-held record of statutory annual reporting and listing identity.
company statement ·
Seplat Energy's own announcement that it agreed to acquire Mobil Producing Nigeria Unlimited (MPNU), ExxonMobil's shallow-water business in Nigeria, with completion subject to Ministerial Consent and other regulatory approvals.
B Seplat Energy Plc, Seplat Energy to acquire ExxonMobil's shallow water business in Nigeria () · retrieved 31 Oct 2026
Relevance: Company self-statement establishing the MPNU acquisition and its conditionality.
reporting · 12 Dec 2024
S&P Global Commodity Insights report that Seplat completed its acquisition of ExxonMobil's MPNU for almost US$1.3 billion, acquiring stakes in OMLs 67, 68, 70 and 104 and the Qua Iboe terminal; Nigeria's NUPRC granted consent and state-owned NNPC's pre-emption challenge was dropped in June 2024; CEO Roger Brown called it a major milestone.
C S&P Global Commodity Insights, Nigeria's Seplat completes acquisition of ExxonMobil oil assets (12 Dec 2024) · retrieved 31 Oct 2026
Relevance: Independent reporting on the MPNU completion, assets, regulatory consent and the resolved NNPC challenge.
Claim reviews
Did Seplat Energy complete its acquisition of ExxonMobil's Mobil Producing Nigeria Unlimited?
Confidence: medium
Limitations. This dossier indexes public records; it does not adjudicate disputes, certify standards or screen sanctions. Absence of a record is not proof of absence. See methodology and corrections & response.