Seplat Energy Announces 10% Sale of SEPNU Joint Venture Stake to NNPC and Unveils Strategic Five-Year Growth Plan
Lagos, Nigeria – September 18, 2025 Seplat Energy Plc has disclosed plans to divest a 10% interest in its joint venture with the Nigerian National Petroleum Company Limited (NNPC), known as the NNPC/SEPNU JV. Upon completion, Seplat’s stake in the venture will decrease to 30%, while NNPC’s ownership will increase to 70%. Seplat will continue