Business A.M
No Result
View All Result
Thursday, February 19, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Energy

Seplat Energy targets 14trn cubic feet of natural gas in newly acquired Akwa Ibom assets

by Admin
January 21, 2026
in Energy

Onome Amuge

SEPLAT announces retirement of Avuru; appoints Roger Brown as new CEO

Roger Brown, chief executive officer of Seplat Energy, has revealed that the company’s newly acquired assets in Akwa Ibom State possess an estimated 14 trillion cubic feet (TCF) of untapped natural gas, representing an untapped resource with the potential to drive growth for the company and the Nigerian energy sector.

Brown addressed Nigeria’s significant energy prospects during  the just concluded Heirs Energies Leadership Forum 2025 in Abuja, calling attention to the country’s untapped gas reserves and the role they could play in driving sustainable growth in the energy sector.

He reaffirmed Seplat Energy’s commitment to enhancing Nigeria’s energy sector by accelerating oil production and expanding its domestic gas supply capacity. 

“We see tremendous potential in unlocking 14 TCF of untapped gas in our newly acquired assets in Akwa Ibom State and we are aligned with the government’s vision that every barrel of oil and molecule of gas counts,” the Seplat Energy CEO stated.

Brown  further noted that Seplat Energy would play a crucial role in driving Nigeria’s energy future by supplying an estimated 850 million standard cubic feet (scf) of gas to domestic and industrial users across the nation.

Pledging Seplat Energy’s commitment to the development of Nigeria’s energy sector, Brown stated that the firm is committed to realising the nation’s energy potential by scaling up oil production and leveraging its extensive gas capacity, estimated at 850 million standard cubic feet, to drive growth and innovation across key domestic industries such as power, fertiliser production, and liquefied natural gas (LNG) sectors.

Brown also stated that Seplat Energy’s goals and recent investments are closely aligned with the Nigerian government’s objective of leveraging the country’s abundant natural resources to enhance energy security and stimulate economic growth.

“We are aligned with the government’s vision that every barrel of oil and molecule of gas counts. As such, we will continue to invest in safe and efficient operations to ensure long-term energy security and sustainable growth,”  he added.

Brown underscored the shift underway in Nigeria’s energy sector, highlighting the scale and significance of the divestment trend.  According to him, these divestments signal a transformation in the country’s energy sector.

Admin
Admin
Previous Post

Will Africa find solutions to its fishery problems before 2030?

Next Post

Rethinking Nigeria’s infrastructure development financing beyond budgets 

Next Post

Rethinking Nigeria’s infrastructure development financing beyond budgets 

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Unilever, Google Cloud partnership raises stakes in consumer goods digital transformation race

Unilever, Google Cloud partnership raises stakes in consumer goods digital transformation race

February 18, 2026
BUA Group leads Gulf–West Africa drive for integrated food and logistics corridor

BUA Group leads Gulf–West Africa drive for integrated food and logistics corridor

February 18, 2026
FairMoney expands SME credit access to boost financial capacity

FairMoney expands SME credit access to boost financial capacity

February 18, 2026
Logistics coordination is a structural efficiency reform, not luxury —Scott Dubin, Logistics Marketplace

Logistics coordination is a structural efficiency reform, not luxury —Scott Dubin, Logistics Marketplace

February 18, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Unilever, Google Cloud partnership raises stakes in consumer goods digital transformation race

Unilever, Google Cloud partnership raises stakes in consumer goods digital transformation race

February 18, 2026
BUA Group leads Gulf–West Africa drive for integrated food and logistics corridor

BUA Group leads Gulf–West Africa drive for integrated food and logistics corridor

February 18, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M