Seplat Petroleum Development Company is a leading oil and gas exploration company in Nigeria. It links between local and global markets, emphasizing sustainable growth and innovation.
For investors, industry analysts and energy enthusiasts, understanding the role of Seplat in this dynamic market provides a window into the challenges and opportunities of energy development in Africa.
In this blog we will look into Seplat Petroleum’s beginnings, its accomplishments, and how its approach is influencing the energy landscape at home and beyond.
Also recommended:: Frontier Oil Limited
The Origins of Seplat Petroleum
Seplat Petroleum was established in 2009 in Nigeria, an energy rich country and region, as an independent energy company. Seplat’s establishment was based on the principle of assisting the region in meeting and satisfying its energy needs.
The organization is headquartered in Lagos and it established a reputable image for itself in the international and local markets such that it became the first licensed Nigerian upstream exploration and production company to be listed on both the Nigerian Stock Exchange and the London Stock Exchange back in 2014.
The company’s impromptu achievements further buttressed it as the first licensed Nigerian upstream exploration and production company to be listed on the Nigerian Stock Exchange and the London Stock Exchange in 2014 with the purchase of parts in OML 4, OML 38 and OML 41 as part of the joint venture with NNPC.
With these assets, Seplat could position itself as a dependable oil and gas producer.
Seplat Petroleum mission
- Leading Nigeria’s energy transition with accessible, affordable and reliable energy that drives social and economic prosperity.
Seplat Petroleum vision
- To deliver sustainable energy solutions for society.
The Role of Seplat in Nigeria’s Energy Market
Strengthening Oil Production
Seplat accounts for much of Nigeria’s crude oil production, and is a major contributor to the economy. Operating in all segments of the Nigerian energy market, through its extensive investments and M&A strategy, the company has become a major player, contributing to Nigeria’s local and export energy need.
Championing Gas Utilization
Nigeria is rich in gas reserves, much of which remains untapped, and Seplat has been at the forefront of monetizing this resources.
Seplat’s projects, one of which is the Oben gas processing facility, are engineered to increase electricity consumption amongst Nigerians.
Gas now forms an increasing part of Seplat’s portfolio and its nine gas processing plants show its commitment towards diversification away from crude oil production and a reduction in gas flaring.
Economic Contributions
Seplat’s impact on the economy goes beyond energy. Its growth has created jobs, transferred technology and made the government rich through royalties and taxes — making the company a partner in Nigeria’s development.
Seplat’s Competitive Advantage Strategies
A Commitment to Sustainability
Central to Seplat’s activities is sustainability. Its ESG (Environmental, Social and Governance) initiatives have resulted in quantifiable benefits like lowering environmental footprints and uplifting the livelihoods of local residents.
An example of this is the company’s proactive measures towards gas flaring reduction.
Through the capture and processing of associated gas, Seplat is raising the benchmark for environmental responsibility in Nigeria’s energy industry.
Collaboration and Joint Ventures
What lies at the root of Seplat’s success is its ability to form alliances. Strategic Partnerships with Domestic, National and Global OpportunitiesSome partnerships with industry players like the NNPC have been critical to securing key oil and gas assets and resources necessary to exceed operational excellence.
Diversification in Energy Sources
As the world looks towards greener solutions, Seplat speaks to energy transition. The company also keeps its foothold on changing energy demands by doubling down on natural gases and branching into renewable energy opportunity.
Career opportunities at Seplat Petroleum Development Company
Seplat offers a safe workplace that encourages diversity and inclusion, allowing all employees to succeed regardless of their background. They are also an equal opportunity company.
If you are interested and qualified in working for Seplat Petroleum, you can join the team through various ways such as:
Seplat Energy Undergraduate Internship Scheme
The goal of Seplat Energy is to provide the greatest possible internship experience. Undergraduate students can increase their employability by gaining exposure to the energy sector and converting their study into real-world professional experience through an internship with Seplat Energy.
Seplat Energy graduate trainee scheme
The four to six-year Seplat Energy graduate program combines structured learning and development with on-the-job training to recruit, retain, and accelerate the growth of young, talented, and ambitious graduates.
Experienced professionals
In order to become a top-tier energy firm that aims to provide superior value to all of its stakeholders, Seplat needs experienced professionals.
Find our latest vacancies and apply to join the Seplat Energy team.
Click here for latest vacancy at Seplat
For general enquiries about Seplat, please contact the email address:
You can also carry out specific job search at Seplat here
Seplat Petroleum Assests and Operations
Seplat is a company with a rich portfolio of productive assets
Seplat carries out operations across seven blocks
Seplat Energy has oil and gas assets in the prolific Niger Delta, close to export terminals and major demand centres
Upstream operations
Seplat Energy has a solid track record of optimising value from upstream oil and gas assets.
- OMLs 4, 38 & 41
- OML 40
- OML 53
- OML 55
- OPL 283
Midstream Gas
Seplat Energy delivers a considerable proportion of processed gas used for power generation in Nigeria, with new capacity coming online in 2024.
- Oben Gas Processing Plant
- ANOH Gas Processing Plant
- Sapele Gas Processing Plant
Seplat Petroleum Development Company Contact Details
Lagos
Seplat Energy PLC
Head office
16A Temple Road
Ikoyi
Lagos
Nigeria
T: +234 1277 0400
Abuja
SPDC (Shell) Corporate Office
Plot 461 Constitution Avenue
Phase Two CBD
Abuja
Delta State
Gambia House
10 Sapele Warri Road
Amu Ogodo
Sapele
Delta State
Imo state
1 Chief Atan Ogoh Street
Akanchawa Roundabout
New Owerri, Owerri
Imo State
Lagos, Nigeria
Atlantic House
121 Louis Solomon Close
Victoria Island
Lagos
Nigeria
T: +234 1 631 0920
London
Seplat Energy UK Ltd
4th Floor
58-60 Berners Street
London, W1T 3NQ
United Kingdom
T: +44 (0)20 3725 6500
E: info@seplatenergy.com
Investor Relations enquiries
For all Investor Relations enquiries please get in touch using the details below:
T: +44 (0)20 3725 6500
E: jthompson@seplatenergy.com, aaliyu@seplatenergy.com
Media enquiries
For all media enquiries please get in touch using the details below:
T: +234 1277 0400
E: info@seplatenergy.com
Concluding Thoughts
By actively participating in the energy ecosystem, Seplat doesn’t just make money — it builds sustainable value. For investors, it provides a business model that has resilience based on efficient operations and a proactive approach to the market.
For Nigeria, it’s an emerging pillar of energy security and development. And for society as a whole, Seplat promotes environmental stewardship and corporate citizenship.
The rise of Seplat Petroleum Development Company is more than a corporate success story. It’s a narrative of ambition, agility, and alignment with shifting energy demands.
Other businesses can mirror Seplat’s focus on adaptability, sustainability, and strategic partnerships to carve their own paths to success.