{"id":14576,"date":"2024-10-23T10:37:41","date_gmt":"2024-10-23T10:37:41","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=14576"},"modified":"2024-10-23T10:53:41","modified_gmt":"2024-10-23T10:53:41","slug":"nigeria-seplat-energy-receives-ministerial-consent-for-the-acquisition-of-mobil","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-seplat-energy-receives-ministerial-consent-for-the-acquisition-of-mobil\/","title":{"rendered":"NIGERIA: Seplat Energy Receives Ministerial Consent for the Acquisition of Mobil (MNPU) Assets"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Seplat Energy is delighted to announce that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that consent has been granted by the Honourable Minister of Petroleum Resources in Nigeria, President Bola Ahmed Tinubu GCFR, to proceed with the acquisition of the entire issued share capital of Mobil Producing Nigeria Unlimited (MPNU).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Company will now work with all parties to bring the Transaction to completion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seplat Energy is delighted to announce that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that consent has been granted by the Honourable Minister of Petroleum Resources in Nigeria, &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-seplat-energy-receives-ministerial-consent-for-the-acquisition-of-mobil\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":14577,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[1613,9961,10688],"class_list":["post-14576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","category-west-africa","tag-mobil","tag-nigerian-upstream-petroleum-regulatory-commission","tag-seplat-energy","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/10\/Seplat.jpg?fit=660%2C660&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3N6","jetpack-related-posts":[{"id":11915,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-seplat-energy-to-acquire-exxonmobils-shallow-water-business-for-1-28b\/","url_meta":{"origin":14576,"position":0},"title":"NIGERIA: Seplat Energy to Acquire ExxonMobil\u2019s Shallow Water Business for $1.28B","author":"","date":"February 28, 2022","format":false,"excerpt":"Seplat Energy has announced that it has entered into an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation. According to financial results released today acquisition of MPNU will cost Seplat $1.28B and adds transformational shallow water portfolio with dedicated export routes.\u2026","rel":"","context":"In \"Exxon Mobil\"","block_context":{"text":"Exxon Mobil","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/exxon-mobil\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/MNPU-Nigeria.png?fit=862%2C465&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/MNPU-Nigeria.png?fit=862%2C465&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/MNPU-Nigeria.png?fit=862%2C465&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/MNPU-Nigeria.png?fit=862%2C465&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14455,"url":"https:\/\/www.oilnewskenya.com\/index.php\/acquisition-approval-delays-the-wrong-look-for-nigeria\/","url_meta":{"origin":14576,"position":1},"title":"Acquisition Approval Delays: The Wrong Look for Nigeria\u00a0","author":"","date":"July 30, 2024","format":false,"excerpt":"By NJ Ayuk, Executive Chairman, African Energy Chamber The Nigerian government needs to step up its game regarding approvals for indigenous companies acquiring in-country foreign energy assets. The negative consequences of approval delays, ranging from many months to two-plus years, include forfeited revenue from lost royalties and taxes, production shortfalls,\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/nigeria-2024-bid-round-web.webp?fit=800%2C640&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/nigeria-2024-bid-round-web.webp?fit=800%2C640&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/nigeria-2024-bid-round-web.webp?fit=800%2C640&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/nigeria-2024-bid-round-web.webp?fit=800%2C640&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":9596,"url":"https:\/\/www.oilnewskenya.com\/index.php\/seplat-signs-crude-purchase-agreement-with-waltersmith-petroman\/","url_meta":{"origin":14576,"position":2},"title":"SEPLAT signs Crude Purchase Agreement with Waltersmith Petroman","author":"","date":"December 23, 2020","format":false,"excerpt":"Seplat Petroleum Development Co. has signed a Crude Purchase Agreement (CPA) with Waltersmith\u00a0 for the supply of between 2000 and 4000 bpd from existing working-interest production from the Ohaji South Field within OML53, for Waltersmith's new 5000 bpd modular refinery at Ibigwe Field, in Imo State. Previously, a third-party Crude\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/Seplat-Waltersmith.jpg?fit=680%2C453&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/Seplat-Waltersmith.jpg?fit=680%2C453&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/Seplat-Waltersmith.jpg?fit=680%2C453&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":15465,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-maurel-et-prom-sells-entire-20-07-interest-in-seplat-energy-to-heirs-energies\/","url_meta":{"origin":14576,"position":3},"title":"NIGERIA: Maurel et Prom Sells Entire 20.07% interest in Seplat Energy to Heirs Energies\u00a0","author":"","date":"January 6, 2026","format":false,"excerpt":"Etablissements Maurel & Prom S.A. announced that on 30 December 2025 after market close it entered into a binding agreement in relation to the sale of its entire shareholding of 120.4 million shares, representing a 20.07% interest, in Seplat Energy Plc, a leading Nigerian independent energy company listed on the\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Nigeria-Seplat.jpg?fit=848%2C460&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Nigeria-Seplat.jpg?fit=848%2C460&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Nigeria-Seplat.jpg?fit=848%2C460&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Nigeria-Seplat.jpg?fit=848%2C460&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":8301,"url":"https:\/\/www.oilnewskenya.com\/index.php\/what-it-takes-to-get-a-marginal-oil-and-gas-field-in-nigeria\/","url_meta":{"origin":14576,"position":4},"title":"What it takes to get a Marginal Oil and Gas Field in Nigeria","author":"","date":"June 10, 2020","format":false,"excerpt":"Following its marginal fields licensing rounds in 2001 and 2013, the Nigerian Department of Petroleum Resources (DPR) recently released guidelines on the 2020 licensing round. Under the 2020 licencing round, a total of 57 fields located onshore, swamp, and shallow offshore terrains are on offer; while the ongoing Nigerian Marginal\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/nigeria-oil-gas.jpg?fit=563%2C431&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/nigeria-oil-gas.jpg?fit=563%2C431&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/nigeria-oil-gas.jpg?fit=563%2C431&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":14435,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-eni-receives-consent-from-nuprc-to-the-sale-of-naoc-to-oando\/","url_meta":{"origin":14576,"position":5},"title":"NIGERIA: Eni receives consent from NUPRC to the Sale of NAOC to OANDO","author":"","date":"July 25, 2024","format":false,"excerpt":"\u00a0Eni has received formal consent from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)\u00a0for the sale\u00a0of NAOC Ltd to Oando Plc. Having already obtained all other relevant local and regulatory authorities\u2019 authorizations, this achievement will allow Eni to proceed to the completion of the transaction for the sale of Nigerian Agip\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=14576"}],"version-history":[{"count":2,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14576\/revisions"}],"predecessor-version":[{"id":14581,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14576\/revisions\/14581"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/14577"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=14576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=14576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=14576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}