Lagos-based Seplat has generated US$500mn in an Initial Public Offering (IPO) in London and Lagos, reporting the Nigerian oil and gas company to be worth US$1.9bn
Gas
UK oil firms keen to expand in Africa
Based on a survey conducted by the Bank of Scotland, UK oil and gas companies are keen on expanding international operations with Africa emerging as a prime area
Oando sells EGHC to Seven Energy for US$250 million
Oil and gas operator Oando has sold its gas subsidiary East Horizon Gas Company (EHGC) to Seven Energy as it seeks to grow its gas processing infrastructure
Investment firm PLC plans to develop shale gas projects in Africa
Investment management company Public Investment Corp (PIC) has announced plans to lead energy projects in Nigeria and South Africa
Seven Energy starts gas supply negotiations with power plants in Nigeria
Nigeria’s gas processing firm Seven Energy has announced that it has initiated negotiations with 10 power plants for the supply of gas
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