Browsing Tag
Seplat Energy
3 posts
Senate Issues 48-Hour Deadline to Four Oil Firms Over NEITI Audit Reports
Four oil companies have been ordered by the Senate to appear within 48 hours to explain findings in recent NEITI audit reports, while Dubri Oil disputes its own debt assessment.
Seplat Energy Divests 10% Stake in NNPCL Joint Venture for $281.6 Million
Seplat Energy is selling a 10% stake in its NNPCL joint venture for $281.6 million to fund debt reduction and increase shareholder returns.
Federal Court invalidates House of Representatives’ N72.6bn compensation order against Seplat
A Federal High Court has overturned a legislative order requiring Seplat Energy to pay N72.6 billion, ruling that the House of Representatives exceeded its constitutional authority by attempting to exercise judicial powers.