Seplat Energy Plc has highlighted its ability to leverage on its freedom to operate in its host communities and access to capital as key drivers of its operational success in the country’s energy space.
The company’s Chief Execiutive Officer, Roger Brown, who disclosed this during a panel session at the 2025 Nigeria Oil and Gas (NOG) Energy Ween Conference in Abuja said Seplat Energy has developed and serviced clear ways of engagement with its communities and developing strong partnership with capitals.
Brown spoke in the panel which deliberated on the theme: “Harnessing Africa’s Energy Shift – From Acquisition to Optimisation”.
Seplat Energy, the CEO noted, sees engagement with its communities and other stakeholders from the long-term horizon.
“A very clear way of engagement is what Seplat Energy and the indigenous players bring to the party. Shared prosperity is very important. Freedom to Operate has been the main driver to our success, and this is the substance of our community engagement model,” Brown said.
On the inclination of the indigenous energy sector to succeed, he said currently, the sector is thriving and full of incredible talents, who are committed to deliver value and boost the fortunes of operators and the country at large.
“For us at Seplat Energy, when we completed the Mobil Producing Nigeria Unlimited (MPNU) acquisition last year, we were ready for it. This consolidates the fact that we are here for the long term. The assets are prolific in oil and gas, and we will continue to develop and optimise these resources,” he said.
On the availability of capital to develop the assets, Brown said: “When we look at capital, we consider as many forms of capital that could be accessed. For us, capital is treated as a partner, and in that partnership, everything is told and nothing is held back. It is full disclosure for us. Hence, capital access has been very critical to our success as a company.”
The Seplat Energy CEO made reference to the prevailing situation where capital has become increasingly harder to access, but maintained that stability in business and business spheres would continue to attract capital.
Beyond committing funds to acquire assets, he said sufficient money should be set aside to develop the acquired assets.
Seplat Energy, he pointed out, has been able to redeploy capital and optimise growth of the business, assuring that there is indeed capital available to develop the acquired assets, while indigenous energy companies would continue to demonstrate this capacity.
During the week, Seplat Energy was honoured with the “Indigenous Company of the Year” Award by the organisers of the 2025 NOG Energy Week for its leadership and performance.
The award was received on behalf of the company by the Director, New Energy, Okechukwu Mba.
