Seplat Energy Clinches ‘Deal of the Year’ at New Telegraph Award

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has clinched the ‘Deal of the Year’ Award at the recently held New Telegraph Newspaper Awards.

L-R: Stanley Opara, Manager Corporate Communications, Seplat Energy; Mr. Gbenga Omotoso, Lagos State Commissioner for Information & Strategy; and Adebowale Eboda, Associate General Counsel Corporate & Compliance, Seplat Energy at the New Telegraph Newspapers Awards where Seplat Energy clinched the ‘Deal of the Year Award’ in Lagos … on Friday.

Seplat Energy completed the deal on the acquisition of Mobil Producing Nigeria Unlimited – renamed Seplat Energy Producing Nigeria Unlimited (SEPNU) from ExxonMobil in December 2024. 

The Award ceremony was not just a ceremony but a heartfelt tribute to outstanding organisations and individuals that have made significant contributions across various sectors, including governance, business, education, and technology. The event honoured those who have excelled in their fields and inspired others through their work.

In his remarks, the Managing Director/Editor-in-Chief of the New Telegraph Newspaper, Mr Ayodele Aminu, said: “Tonight, we celebrate not just achievements but the transformative power of love, dedication to work, those who have transcended expectations, those who have defied barriers and inspired digital growth and made extraordinary waves and impact in their various fields.”

“The true essence of these awards lies not in accolades or trophies, but in the enduring impact of each orgnanisation and individual’s contributions,” Aminu  said, urging awardees to continue to push boundaries and inspire others for greater heights.

L-R: Stanley Opara, Manager Corporate Communications, Seplat Energy; Mr. Gbenga Omotoso, Lagos State Commissioner for Information & Strategy; and Adebowale Eboda, Associate General Counsel Corporate & Compliance, Seplat Energy at the New Telegraph Newspapers Awards where Seplat Energy clinched the ‘Deal of the Year Award’ in Lagos … on Friday.

The MPNU deal was transformative for Seplat Energy, with the capacity of more than doubling production and positioning the Company to drive growth and profitability, whilst contributing significantly to Nigeria’s future prosperity.

The completion of the acquisition has created Nigeria’s leading independent energy company, with the enlarged company having equity in 11 blocks (onshore and shallow water Nigeria); 48 producing oil and gas fields; 5 gas processing facilities; and 3 export terminals.

The acquisition of the entire issued share capital of MPNU adds the following assets to the Seplat Group: 40% operated interest in OML 67, 68, 70 and 104; 40% operated interest in the Qua Iboe export terminal and the Yoho FSO; 51% operated interest in the Bonny River Terminal (‘BRT’) NGL recovery plant; 9.6% participating interest in the Aneman-Kpono field; and approximately 1,000 staff and 500 contractors have transitioned to the Seplat Group.

This strongly connects to Seplat Energy’s mission of delivering value to all its stakeholders, and building a sustainable business that can deliver affordable, accessible and reliable energy for Nigeria.

Responding, Seplat Energy thanked the New Telegraphy Newspapers for its recognition whilst lauding the Newspaper’s commitment to excellence and professionalism. “At Seplat Energy we are proud of the contributions we can make to improving affordable energy access for Nigerians through the safe, responsible development of Nigeria’s oil and gas reserves,” it added.

…As Society Celebrates 64 Years of Existence

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

A research Director of the National Agency for Science and Engineering Infrastructure (NASENI), Engr. Dr. Samuel Olugbenga O. Olusunle has been conferred with the prestigious Fellow of Nigerian Mining and Geosciences Society (FNMGS), one of the oldest professional bodies in the history of Nigeria.

NASENI Research Director, Engr. Dr Samuel Olugbenga O. Olusunle, FNMGS, (right) receiving the Conferment Award plaque and Certificate from Prof. Akinade Sadrach Olatunji, the President of the Nigerian Mining and Geosciences Society(NMGS)(left) during the Awards Night which took place at the Chida International Hotels Abuja on Wednesday 19 February 2025.

The Nigeria’s late sage, Pan Africanist and President during the First Nigerian Republic Dr. Nnamdi Azikiwe was the first patron of the Nigerian Mining and Geosciences Society.     

The Society yesterday in Abuja concluded its 60^th Annual International Conference and Exhibition (AICE), and it was time for the body to honour and recognize its members who had contributed tremendously not only to the growth and development of the Mining and Geosciences profession in the country, but the accomplishments of the honourees having direct bearing on the general socio-economic development of the country.

The event which was held between 16^th to 19^th February 2025 at the Chida International Hotel Abuja, came to a climax with Awards Night and recognition. Dr. Olusunle and 42 other members were honoured with the prestigious fellow category, which is the highest election attainable in society.

This conferment has added new appellation to Engr.Dr. Olusunle’s name as FNMGS.  In 1977, the Nigerian Mining and Geosciences Society (NMGS) succeeded the Nigerian Mining Geological and Metallurgical Society (NMGMS) which was founded on 15th January 1961 and officially inaugurated on 17th December, 1962.

The society is an international professional organization. Its Objectives include: Advancement and practice of Mining, Earth sciences and Metallurgy, Acquisition, preservation and dissemination of mining geoscientific and metallurgical knowledge, publication of an interdisciplinary learned journal of Mining and Geology (JMG), the CRUST, periodicals and specialized books including annual books of abstracts and programmes of the society’s conferences and activities and upholding the ethics and safeguarding the interests of the professionals covered by the society.

The society also has statutory representation in the council of the Nigerian Mining Engineers and Geoscientists (COMEG) established by the Federal republic of Nigeria Decree No. 40 of 1990. The categories of membership are Fellow, Corporate, Graduate, Students, Affiliate, Institutional and Honorary fellow, the highest of all is the Fellow category.

When asked to speak on the significance of the society’s recognition to him and NASENI where he serves as Director Research, a highly elated Olusunle had this to say: “I give God the glory and I am really humbled to be elected FELLOW of NMGS. It should be noted that the mandate of NASENI and the core concerns of NMGS are knittingly related. NASENI has one of its institutes operating within the purview of solid minerals exploitation (SOMMEDI).

NASENI also under wonderful leadership of the EVC/CEO, Khalil S. Halilu, is actively involved in the CNG project of the Federal Government. These and other notable activities/intervention of NASENI are collaborative windows between the agency and NMGS”.

Before he became research director, Dr. Olusunle was former Managing Director, Engineering Materials Development Institute (EMDI) Akure, one of NASENI Development Institutes. Also, he is a FELLOW of the Nigeria Institute of Mechanical Engineers (NIMechE), the Materials Science and Technology Society of Nigeria (MSN), the Nigeria Society of Engineers (NSE), The Nigeria Institute of Management (NIM), The Nigerian Metallurgical Society (NMS)and many others.

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

As part of its ongoing efforts to enhance the quality of life for households and empower women in underserved communities, GTCO PLC at the weekend launched its Waste for Gas initiative which saw over 3,000 residents of Obafemi Owode Local Government Area of Ogun State, receive a unit each of a 3kg gas cylinder.

GTCO Transforms Lives with Waste-for Gas Initiative, Distributes 3,000 Gas Cylinders to Obafemi Owode Community
As part of its ongoing efforts to enhance the quality of life for households and empower women in underserved communities, GTCO PLC at the weekend launched its Waste for Gas initiative which saw over 3,000 residents of Obafemi Owode Local Government Area of Ogun State, receive a unit each of a 3kg gas cylinder.
Speaking about the initiative, the Group Chief Executive Officer, GTCO PLC, Mr. Segun Agbaje noted that beyond delivering innovative financial solutions, the institution is deeply committed to making a meaningful impact in the communities where it operates.
“The Waste for Gas initiative is about making life easier for families, giving them more time to focus on important activities such as education, work, or personal development,” he stated. “Beyond this, our goal is to continuously develop sustainable initiatives that empower individuals, strengthen communities, and contribute to socioeconomic growth.”
Speaking at the unveil/presentation event, GTCO’s Chief Communication Officer, Oyinade Adegite, highlighted that the initiative was designed to promote cleaner communities while enhancing household welfare.
According to Adegite, providing access to gas-powered cooking solutions will not only simplify daily routines but also free up time for other productive activities that support financial stability. She further noted that GTCO conducted thorough assessments by visiting beneficiaries’ homes to ensure that the support reached those who genuinely needed it.
“We visited various households across the local government and were surprised to find that some residents had already gone borrowing from money lenders just to afford gas cylinders, while some others were considering doing the same,” she revealed.
She urged beneficiaries to use the cylinders for their intended purpose and not resell them, adding that GTCO would return for the second phase of the program. The bank’s decision to expand the initiative would depend on how well the items are utilized.
Expressing gratitude for the initiative, Obafemi Owode Local Government Chairman, Ambassador Ogunsola Adesina, stated that the intervention would significantly improve the standard of living in the area. He also appealed to GTCO to establish a branch within the community to alleviate the banking challenges residents currently face.
In his remarks, Olu of Owode-Egba, Oba Kolawole Aremu Sowemimo, advised beneficiaries not to sell the gas cookers and assured them that discussions were underway to establish discounted gas refill stations within the community.

Additionally, Iyaloja General, Chief Ganiyat Oyelakin, cautioned beneficiaries to use the gas cookers safely to prevent accidents. Residents were also educated on the proper handling and maintenance of their gas cylinders.
Expressing their gratitude, beneficiaries lauded GTCO for the initiative. One of them, Madam Risikat Ayoka, shared, “We are excited. This gesture will make us stop using firewood for cooking”.

Speaking about the initiative, the Group Chief Executive Officer, GTCO PLC, Mr. Segun Agbaje noted that beyond delivering innovative financial solutions, the institution is deeply committed to making a meaningful impact in the communities where it operates.

“The Waste for Gas initiative is about making life easier for families, giving them more time to focus on important activities such as education, work, or personal development,” he stated. “Beyond this, our goal is to continuously develop sustainable initiatives that empower individuals, strengthen communities, and contribute to socioeconomic growth.”

Speaking at the unveil/presentation event, GTCO’s Chief Communication Officer, Oyinade Adegite, highlighted that the initiative was designed to promote cleaner communities while enhancing household welfare.

According to Adegite, providing access to gas-powered cooking solutions will not only simplify daily routines but also free up time for other productive activities that support financial stability.

She further noted that GTCO conducted thorough assessments by visiting beneficiaries’ homes to ensure that the support reached those who genuinely needed it.

“We visited various households across the local government and were surprised to find that some residents had already gone borrowing from money lenders just to afford gas cylinders, while some others were considering doing the same,” she revealed.

She urged beneficiaries to use the cylinders for their intended purpose and not resell them, adding that GTCO would return for the second phase of the program.

The bank’s decision to expand the initiative would depend on how well the items are utilized.

Expressing gratitude for the initiative, Obafemi Owode Local Government Chairman, Ambassador Ogunsola Adesina, stated that the intervention would significantly improve the standard of living in the area.

He also appealed to GTCO to establish a branch within the community to alleviate the banking challenges residents currently face.

In his remarks, Olu of Owode-Egba, Oba Kolawole Aremu Sowemimo, advised beneficiaries not to sell the gas cookers and assured them that discussions were underway to establish discounted gas refill stations within the community.

Additionally, Iyaloja General, Chief Ganiyat Oyelakin, cautioned beneficiaries to use the gas cookers safely to prevent accidents. Residents were also educated on the proper handling and maintenance of their gas cylinders.

Expressing their gratitude, beneficiaries lauded GTCO for the initiative. One of them, Madam Risikat Ayoka, shared, “We are excited. This gesture will make us stop using firewood for cooking”.