Seplat Petroleum Development Company Limited

  • 500 - 1,000 Employees
  • Lagos, Nigeria
  • 2009

About Seplat Petroleum Development Company Limited

Seplat Petroleum Development Company Limited, formed by two Nigerian E & P companies viz; Shebah E & P and Platform Petroleum, was registered in 2009 as a Special Purpose Vehicle (SPV) for the acquisition of 45% Interest in Oil Mining Licenses 4, 38 and 41.

Maurel & Prom, a French Independent energy company, subsequently acquired a 45% equity in SEPLAT while Shebah E &P & Platform retained 55% to maintain SEPLAT’s indigenous status. Maurel & Prom has a track record in E & P Operations in Gabon, Republic of Congo, Tanzania and Colombia.
The consortium successfully acquired stakes in the three onshore Oil Mining Licenses (OMLs 4, 38, 41) from Shell/Total/Agip. The acquisition represents a 45% stake in the three onshore licenses located Onshore in the Western Niger Delta region. At acquisition, NNPC held the balance 55%, but by September 3, 2010 transferred her stake in OML 4, 38 and 41 to her subsidiary – the Nigerian Petroleum Development Company (NPDC) Ltd. SEPLAT is the operator of the SEPLAT/NPDC Joint Venture. The combined track records of the consortium that founded SEPLAT in Nigeria, Gabon, Congo, Tanzania and Colombia place them in very good stead to efficiently operate these new assets on behalf of the Joint Venture Partners,

The transfer of assets by International operators (Shell/Total/Agip) to an indigenous Nigerian company has been hailed around the world as a landmark initiative that has given added fillip to and redefined Local Capacity Development in the Nigerian Upstream Petroleum Industry. It is the first time a Nigerian Independent company will acquire a major stake from an International Oil Company, complete with a smooth transfer of Operatorship.

After the successful acquisition on July 30th 2010, SEPLAT assumed operatorship and production from the assets seamlessly, accounting for a daily production of over 30,000 barrels of oil daily.
Seplat is one of the few E & P companies in Nigeria with operational Base Office located within her host community, thus demonstrating her deep commitment to her hosts.
On Thursday December 23, 2010, the company recorded a milestone when it signed a Global Memorandum of Understanding (GMoU) with oil her producing host communities in Amukpe, Oben, Sapele and Ugborhen.

The GMoU provides the framework for partnering with the host communities and sustaining a truly symbiotic relationship through sponsorship of Development Projects (Capital and Non Capital Projects) and Capacity Building Programs. In the implementation of the GMoU, SEPLAT places high premium on transparency, sustainable community empowerment and human capital development.

Contact Information

Current Address
Nigeria

Industrial Focus

  • Oil & Gas / Mining

Specializations

  • Oil & Gas / Mining / Energy

Website

  • www.seplatpetroleum.com

Sponsored Jobs in United Kingdom

  • ...
    Recruitment Open Day
    • Recruitment Open Day at Hatton Grange Care Home, Oldham Street, Hyde, SK14 1LN Thursday 28th February 2019, Join our team and turn care into your career.  We are looking for Care Assistants and Senior Care Assistants who have previous care experience and...
    • Manchester
    • 1 day ago
  • ...
    Chef - The Ridings, Banbury
    • Reporting into the Chef Manager, responsibilities will include: Deputising for the Chef Manager, managing every aspect of catering within the location and delivering a quality catering service. Supervising the catering assistants on shift. Maintaining ...
    • Banbury
    • 1 day ago
  • ...
    UK Backline Technical Analyst
    • UK Backline Technical Analyst – Hungerford – Permanent - Full Time – £Competitive+ Excellent Benefits Are you an experienced developer with a high level of technical skill? Do you hold a degree in Computer Science with knowledge of C, C++ / Java and ...
    • 1 day ago
  • ...
    Senior Recruitment Consultant
    • Senior Recruitment Consultant, how's your career?.Let me guess...Senior Recruitment Consultant, so you've cut your teeth in recruitment but you've found a glass ceilingSenior Recruitment Consultant, so you just missed out on promotionSenior Recruitment ...
    • Altrincham Greater Manchester England
    • 1 day ago
  • ...
    Deputy Manager - Nelson Lodge, St Neots, PE19
    • You will be either an experienced Team Leader looking for your next career move or a Deputy Home Manager who has an understanding of a care setting and the needs of older people. This role will give you the opportunity to use your management skills. Your ...
    • St Neots
    • 15 hours ago
jobs by AdView job search

Sponsored Jobs in United States

  • ...
    Coordinator
    • American Eagle Outfitters
    • Create and send candidate offer letters and answer any questions regarding Taleo system. One year of office administration experience;...
    • New York, NY, US
    • 13 hours ago
  • ...
    Rent Administrator
    • Breaking Ground
    • Through our Street to Home outreach program and transitional housing resources, we help people get, and stay, on the path to a permanent home....
    • New York, NY, US
    • 12 days ago
  • ...
    Office Manager/Administrative Assistant
    • Current.com
    • Experienced in handling a wide range of administrative and executive support related tasks and able to work independently with little or no supervision....
    • New York, NY, US
    • 16 hours ago
  • ...
    HR Benefits Coordinator
    • Marks Home Care Agency, Inc
    • Marks Home Care is seeking an experienced Benefits coordinator to support employee related and other administrative duties....
    • Brooklyn, NY, US
    • 8 days ago
  • ...
    Chair of Social, Behavioral and Administrative Sciences Department
    • Touro College
    • The Chair will work closely with the administration in planning and executing the annual budget. He/she will represent the research needs of social, behavioral,...
    • New York, NY, US
    • 4 months ago
jobs by Indeed job search

Followers 619

Social Links

Sponsored Jobs in United Kingdom

Sponsored Jobs in United States

Ads by Careerslip