Seplat Oil

Adequate Technology Adoption Will Check Poor Forecast, Risks In Oil Industry- Seplat

The Executive Operations Director at Seplat Petroleum Development Company Plc, Mr. Effiong Okon, has said the right adoption of contemporary technologies like Artificial Intelligence (AI), big data and mobile technology will not only drive planning and forecast in the Nigerian oil industry, but will help in addressing like risks associated with the business.

Seplat Petroleum CEO Assures Stakeholders of Improved Returns

The Chief Executive Officer of Seplat Petroleum Development Company Plc, Mr. Austin Avuru on Tuesday assured stakeholders that the company has been positioned to deliver superior returns. Seplat, which posted a loss in 2016 bounced back into profitability in 2017 and consolidated with an impressive performance for first quarter ended March 31, 2018. Speaking at […]

Seplat Oil

Seplat To Sustain Focus On Gas Business

Seplat Petroleum Development Company Plc on Wednesday June 6, 2018 said it’s committed to the expansion of its gas business, which contributed $124 million, that’s 27 percent to the company total revenue for the financial year ended December 31, 2017. Dr ABC Orjiakor chairman of the company disclosed this to financial journalist at the company […]

Seplat Oil

Seplat Reports N1.62 billion Loss In Nine Months

Seplat Petroleum Development Company Plc (Seplat) has announced N1.62 billion loss in third quarter ended September 30, 2017 from N24 billion loss reported in third quarter ended September 30, 2016. Nigerian independent oil and Gas Company listed on both the Nigerian Stock Exchange and London Stock Exchange reported 70 per cent increase in revenue to […]