Procurement News Notice |
|
| PNN | 92892 |
| Work Detail | Nigerian independent Seplat Energy has announced $320m of new investment this year as it bids to double production to 140,000 b/d, following its acquisition of ExxonMobil’s Mobil Producing Nigeria Unlimited (MPNU). Previously an onshore operator, Seplat, which posted an almost doubling of profits in 2024, has gained significant offshore capacity through the completion of the MPNU deal. |
| Country | Nigeria , Western Africa |
| Industry | Oil & Gas |
| Entry Date | 13 Mar 2025 |
| Source | https://www.africa-energy.com/news-centre/article/seplat-energy-targets-doubling-nigerian-oil-production |
