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

Onome Amuge

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.