By Taiye Olayemi
Seplat Energy Plc says its success in Nigeria’s energy sector is largely due to unhindered access to host communities and strategic partnerships in capital investment.
Mr Roger Brown, Chief Executive Officer of the company, disclosed this during a panel session at the 2025 NOG Energy Week Conference in Abuja.
The session was titled ‘Harnessing Africa’s Energy Shift – From Acquisition to Optimisation.’
In a statement on Sunday, Brown said Seplat developed a long-term community engagement model that prioritises shared prosperity and transparency, giving it the “Freedom to Operate.”
He added that Seplat had established clear modes of engaging communities and building strong capital partnerships for sustained operations.
“A very clear way of engagement is what Seplat Energy and indigenous players bring to the table.
“Shared prosperity is very important. Freedom to operate has been our success and forms the core of our engagement model,” he said.
The CEO said Nigeria’s indigenous energy sector is thriving and filled with talented professionals committed to driving growth across the energy value chain.
He said the sector has incredible talents dedicated to delivering value and improving outcomes for operators and the nation at large.
“For us at Seplat Energy, when we acquired Mobil Producing Nigeria Unlimited (MPNU) last year, we were fully prepared.
“This confirms our long-term commitment. The assets are prolific, and we will continue to develop and optimise oil and gas resources,” he said.
On capital availability, Brown said Seplat considers various forms of capital that can be accessed for growth and development.
“For us, capital is a partner. In that relationship, we practise full disclosure. Nothing is hidden,” he added.
He explained that this approach to capital has been central to Seplat’s success and ability to sustain operations.
Brown acknowledged the current difficulty in accessing capital but said stable businesses and environments would continue to attract investment.
“Beyond acquisition costs, adequate funds must be earmarked to develop the acquired assets,” he stressed.
He said Seplat Energy had successfully redeployed capital to drive growth and optimise operations across the business.
“There is indeed capital to develop acquired assets, and indigenous companies will continue to demonstrate this capacity,” he said.
Seplat Energy was named “Indigenous Company of the Year” at the 2025 NOG Energy Week for its leadership and performance. The award was received on behalf of the company by Okechukwu Mba, Director, New Energy.