Seplat to sell 10% stake in NNPCL joint venture for $281.6 million

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Seplat Energy Plc has agreed to sell a 10% stake in its joint venture with Nigerian National Petroleum Company Limited, valued at $281.6 million. This transaction aligns with Seplat's strategy to monetize assets in its Nigerian operations.

Seplat Energy Plc has signed a legally binding agreement to sell a 10% working interest in its joint venture assets with the Nigerian National Petroleum Company Limited (NNPC Limited) for approximately $281.6 million. The post Seplat to sell 10% stake in NNPCL joint venture for $281.6 million appeared first on Nairametrics.