May 21, 2024
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OIL & GAS RENEWABLE ENERGY

AEW 2024: Seplat Energy To Promote Gas-Focused Investments

At the African Energy Week (AEW): Invest in African Energy conference, scheduled for to hold in November, Nigeria’s independent oil and gas company Seplat Energy, will highlight key gas focused investments opportunities.

The event is a key energy summit in for Africa. Seplat Energy’s contribution, will contribute to discussions around sustainable energy development in Africa. With a focus on leading Nigeriathrough a smooth energy transition by developing gas resources.

The company aims to start production at the $650 million ANOH Gas Processing Plant in Nigeria by Q3, 2024. Set to increase the company’s gas production two-fold, the project achieved mechanical completion in December 2023.

A strategic development for the company, the project will produce 300 million cubic feet of gas per day (mcf/d) – predominantly for the domestic market – thereby supporting the transition away from diesel-fired power generation in Nigeria.

At the AEW: Invest in African Energy, Chief Executive Officer Seplat Energy, Roger Brown willprovide insight into the role of gas in Africa as the event aims to increase investment across the energy value chain.

In addition to the ANOH Gas Processing Plant, Seplat Energy aims to complete upgrades to its Sepele Gas Plant this year.

The upgrades will increase the project’s production capacity from 60 mcf/d to 90 mcf/d, with processed gas set to meet export specifications while eliminating flared practices. Seplat Energy also operates the Oben Gas Plant, situated near the Oben field in Edo State. Gas is supplied from the Oben-48, Oben-49 and Oben-50 wells, utilized for power generation purposes. Currently, the facility accounts for 35 per cent of the country’s electricity.

The AEW, Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy.

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