Seplat Provides Update on the Court Action brought by NNPCL

Source: www.gulfoilandgas.com 6/14/2024, Location: Africa

Seplat Energy notes the announcement on the 30 May 2024 by the Nigerian National Petroleum Company Limited ("NNPCL") regarding the Settlement Agreement between NNPCL, ExxonMobil Corporation, Delaware and Mobil Producing Nigeria Unlimited ("MPNU") and has since been notified of the termination of the court proceedings brought by NNPCL against MPNU and its affiliates over the proposed divestment of MPNU's shares to Seplat Energy Offshore Limited ("SEOL").

Seplat Energy commends the open cooperation and progress achieved by all stakeholders, and will diligently engage all key stakeholders, including the Government, in progressing towards a swift completion of the acquisition of MPNU.


Denmark >>  7/12/2024 - KKR, a leading global investment firm, and Palm Capital, the pan-European real estate private equity specialist announced the acquisition of a prime l...
United States >>  7/12/2024 - Bowman Consulting Group Ltd. (the “Company” or “Bowman”), a national engineering services firm delivering infrastructure design solutions to customers...

Norway >>  7/11/2024 - As of Thursday 11 July, French infrastructure group Vinci is the owner of all shares in Helios Nordic Energy. The full upfront payment of EUR 73 milli...
Norway >>  7/11/2024 - Reference is made to the recommended voluntary cash offer by SAS Shipping Agencies Services Sàrl (the "Offeror") to acquire all issued and outstanding...

United States >>  7/11/2024 - Energy Services of America Corporation (the "Company" or "Energy Services") announced Nitro Construction Services, a subsidiary of Energy Services, ha...
United States >>  7/11/2024 - Martin Resource Management Corporation (“MRMC”), owner of the general partner of Martin Midstream Partners L.P. (NASDAQ:MMLP) (“MMLP”), announces that...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.