Close Menu
Complete Lagos
  • News
  • Politics
  • Business
    • Brands
  • Entertainment
  • Education
  • Sports
  • Historical Lagos
  • Interview
  • Royal Lagos
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Complete LagosComplete Lagos
Subscribe
  • News
  • Politics
  • Business
    • Brands
  • Entertainment
  • Education
  • Sports
  • Historical Lagos
  • Interview
  • Royal Lagos
Complete Lagos
Home»Brands»Seplat to invest in power sector
Brands

Seplat to invest in power sector

Complete LagosBy Complete LagosMay 30, 2025No Comments3 Mins Read2 Views
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email

The Chief Executive Officer of Seplat Energy, Roger Brown, has disclosed that the company will venture into the power sector later.

Brown disclosed this in a statement issued on Thursday.

According to him, the energy firm has a long-term roadmap to expand power to off-grid communities.

“At some point, when the time is right, we will take further steps into the electricity space. The company’s long-term roadmap includes expanding modular solutions that can bring power closer to off-grid communities.

“We’re exploring modular gas-to-power systems that can be deployed in rural areas. These will play a key role in solving last-mile electricity access problems,” Brown revealed.

The CEO boasted that Seplat Energy is transforming Nigeria’s energy landscape and setting new standards for Africa’s indigenous operators.

According to him, following its acquisition of Mobil Producing Nigeria Unlimited assets, Seplat Energy is poised to redefine Nigeria’s gas future through a blend of integration, innovation, and an unwavering commitment to inclusive national development.

He noted that Seplat is now active in 11 blocks, eight of which it operates directly.

“The acquisition not only doubled Seplat’s reserves but also significantly expanded its footprint and diversified its portfolio across upstream and midstream sectors. We have seven onshore blocks and four shallow-water offshore blocks. With this acquisition, we formed Seplat Energy Producing Nigeria Unlimited and now manage operations that connect seamlessly into three terminals — one offshore and two onshore.

“This gives us a fully integrated value chain — from the wellhead all the way to export via vessel — with Seplat in full control of operations. Our production has materially increased. We’ve moved from around 50,000 barrels per day to over 120,000 barrels per day. We’re proud to say that our workforce now includes around 1,500 professionals. The vast majority of whom are Nigerians,” he stated.

Brown emphasised that the gas resource in Seplat’s offshore blocks is extraordinary.

“While not all of it is currently classified as proven reserves, we estimate the actual volumes are three times what we’re currently reporting. This gas will be instrumental. It will feed into domestic power generation, industrial uses such as fertiliser and petrochemicals, and LNG — both Nigerian LNG and new floating LNG initiatives,” he maintained.

This, he stressed, is an opportunity for Nigeria as the company moves into a new phase of energy autonomy.

He added that it is not just about exporting oil and gas anymore; it is about building domestic capacity that supports job creation, industrialisation, and long-term economic resilience, saying Seplat’s strategy remains focused on meeting Nigeria’s specific energy needs.

“You must tailor your energy strategy to where you operate. Nigeria has one of the lowest levels of energy access globally. Affordable, reliable energy is essential for economic development, job creation, manufacturing, education, and healthcare. Gas is the answer for Nigeria’s base load of electricity. It’s available 24/7, 365 days a year.”

“We do have ambitions in renewables and electricity generation. But for now, the biggest opportunities and the greatest needs lie in upstream oil and gas and midstream gas processing,” he emphasised.

Seplat Energ
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleEpe: OPC member nabbed for killing 17-year-old boy
Next Article World No Tobacco Day: WHO urges ban on flavoured tobacco products that appeal to youths
Complete Lagos
  • Website

Related Posts

Ilupeju: Odiolowo LCDA sells Sallah rams at N75,000 subsidised price

June 3, 2025

Lagos APC inaugurates reconciliation committee to resolve post-primary party crisis

June 3, 2025

Ikeja Computer Village adopts biometrics to curb crimes, restore investors’ confidence

June 2, 2025

Comments are closed.

Recent Posts

  • Ilupeju: Odiolowo LCDA sells Sallah rams at N75,000 subsidised price
  • Lagos APC inaugurates reconciliation committee to resolve post-primary party crisis
  • Ikeja Computer Village adopts biometrics to curb crimes, restore investors’ confidence
  • Ikorodu: Truck crushes over-speeding motorcyclist to death
  • World No Tobacco Day: WHO urges ban on flavoured tobacco products that appeal to youths

Recent Comments

No comments to show.
About Us
About Us

We are a Lagos based and Lagos focused online newspaper devoted to reporting the city-state of Lagos. Everything about Lagos is our concern. From the oval office to street hustling and bustling without sparing the road, air and see. We are committed to celebrating Lagos splendour without shying away from it's squalour.

© 2025 Complete Lagos. Designed by DeedsTech.
  • About Us
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.