Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announced that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that consent has been granted by Nigerian President Bola Tinubu, who is also Nigeria’s Minister of Petroleum Resources to proceed with the acquisition of the entire issued share capital of Mobil Producing Nigeria Unlimited (‘MPNU’) “the Transaction”.
In a statement, Seplat Energy thanks President Tinubu for granting this approval and appreciates the support and diligence of the various ministries and regulators for all the work on this transaction.
It added that further announcements will be made as and when appropriate, in line with regulatory requirements.
GIK/APA
Seplat Energy announces NUPRC confirmation of consent on Mobil deal
