Seplat Energy
Seplat Energy PLC (Seplat) is Nigeria's leading indigenous energy company. It is listed on the Nigerian Exchange Limited (NGX: SEPLAT) and the Main Market of the London Stock Exchange (LSE: SEPL). The company is pursuing a Nigeria-focused growth strategy in oil and gas, as well as developing a "Power & New Energy" business to lead Nigeria's energy transition.
Seplat's energy portfolio consists of seven oil and gas blocks in the prolific Niger Delta region of Nigeria, and it operates with partners including the Nigerian government and other oil producers. The company has a revenue interest in OML 55 while operating a gas processing plant at Oben, in OML 4. Seplat achieved mechanical completion of the ANOH gas processing plant in OML 53 and is currently building a new gas processing plant at Sapele in OML 41 to augment its position as a leading supplier of gas to the domestic power generation market.
We express our commitment to the Expectations for EITI supporting companies and recognise that increased transparency can promote understanding of natural resource management, strengthen public and corporate governance, reduce corruption, and provide data to inform greater transparency and accountability in the energy and mining sectors.
Strengthening transparency
Seplat Energy Plc makes regular comprehensive disclosures in accordance with the EITI Standard. It also has a substantial number of corporate governance policies that ensure the company is in compliance with global corporate governance standards and best practices. These policies are reviewed regularly to ensure that they are up to date with global standards. Seplat Energy Plc also achieved the ISO 26000 endorsement.