Seplat Energy Plc, leading Nigerian independent energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE), has been named as the Outstanding Energy Company for 2023 by one of Nigeria’s authoritative newspaper brands, New Telegraph Publishing Company Limited, publishers of the New Telegraph Newspapers.
The Company emerged as winner at the award ceremony held in Lagos in the weekend. The highly competitive and prestigious annual award aims to reward excellence and outstanding individuals and businesses in Nigeria that have distinguished themselves by their remarkable contributions to the development of the country in the year under review.
Seplat Energy was recognised for its performance in 2023 in the areas of business and operational excellence, whilst leading Nigeria’s energy transition with accessible, affordable and reliable energy that drives social and economic prosperity for all its stakeholders.
The Managing Director and Editor-in-Chief, New Telegraph Newspapers, Ayodele Aminu, whilst commending Seplat Energy for its giant strides in Nigeria’s energy space, said the newspaper is using the award to reward individuals and businesses in Nigeria that have distinguished themselves by their remarkable contributions to the development of Nigeria in both the public and private sectors.
According to Aminu, the New Telegraph awards look to distinguish the best in every sector across the nation.
In her remarks, the Director, External Affairs and Social Performance at Seplat Energy Plc, Chioma Afe, thanked the board, management and staff of the New Telegraph for the hard work, dedication and professionalism displayed over the years in building a reputable brand and promoting the ethos of journalism.
Afe, who was represented by Stanley Opara, Manager Corporate Communications at Seplat Energy Plc, expressed the company’s appreciation for the recognition and assured all its stakeholders of Seplat Energy’s unwavering commitment to strong corporate governance, operational excellence and continuous value creation and retention.
“For Seplat Energy, this is a call for more work and increased results, as we remain charged to consistently deliver value to all our stakeholders around the world.”
Other companies and governments that were honoured at the awards were: Zenith Bank Plc, UBA Plc, Unity Bank Plc, Transcorp Plc, Airtel Plc, FBN Holdings Plc, Niger Delta Power Holding Company, Lagos, Enugu, Bauchi, Bayelsa, Gombe States, amongst others.
TimeTestedNews |Gas pipeline: FG, Morocco in talks to expedite project
In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco.
The discussion which held on Wednesday, 24th January, 2024, on the side-lines of a meeting between the Honourable Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, and the Moroccan Minister of Energy Transition and Sustainable Development, Ms. Leila Benali, was anchored by the NNPC Ltd.’s Executive Vice President, Gas, Power & New Energy, Mr. Olalekan Ogunleye, and the Director General of the Morocco National Office of Hydrocarbons and Mines (ONHYM), Mme Amina Benkhadra.
The talks focused on how to drive the partnership between the two countries to accelerate the Nigeria-Morocco Gas Pipeline Project in line with the series of Memoranda of Understanding (MoUs) signed between the two countries in Abuja in 2022.
Both parties emphasised the strategic importance of the project to the two countries and the entire African continent and the need to drive it to completion expeditiously in line with the objective of stemming energy poverty on the African continent.
It would be recalled that the Cooperation Agreement for the 48” x 5,300Km pipeline from Nigeria to Dhakia (Morocco) and 1,700km from Dhakia to Northern Morocco was signed in 2017 with a capacity of 30 billion cubic meter (bcm) per year (equivalent of 3.0 billion standard cubic feet of gas per day).
The pipeline would traverse Republic of Benin, Togo, Ghana, Cote d’Ivoire, Liberia, Sierra Leone, Guinea, Guinea-Bissau, Gambia, Senegal, Mauritania, and terminate in Morocco with a spur to Spain.
Due to the international nature of the project, the ECOWAS Commission is saddled with the responsibility to, among other things, facilitate inter-governmental treaty and host government agreements, establishment of Pipeline Higher Authority, and alignment with AU, UN and other relevant international bodies. The project, among other things, will help drive the monetisation of Nigeria’s gas resources, maintain NNPC Ltd.’s energy leadership in Africa, and promote economic and regional cooperation among African Countries.
