The Chief Executive Officer, Seplat Energy, Roger Brown, has disclosed that the acquisition of Mobil Producing Nigeria Unlimited’s (MPNU) assets is repositioning the company to further transform Nigeria’s energy landscape including setting new standards for Africa’s indigenous operators.
Brown told Forbes Africa/Penresa team in an interview that the landmark acquisition of MPNU assets is helping the company to redefine Nigeria’s gas future through a blend of integration, innovation, and an unwavering commitment to inclusive national development.
“We’re now active in 11 blocks, eight of which we operate 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 (SEPNU) and now manage operations that connect seamlessly into three terminals—one offshore and two onshore,” Brown stated.
“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.”
Brown said 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 fertilizer and petrochemicals, and LNG, both Nigerian LNG and new floating LNG initiatives.
“This is a major opportunity for Nigeria as we move into a new phase of energy autonomy. It’s not just about exporting oil and gas anymore; it’s about building domestic capacity that supports job creation, industrialisation, and long-term economic resilience.”
