Seplat Energy PLC 2024 IR
The report highlights Seplat Energy's transformational 2024 fiscal year, marked by the landmark acquisition of Mobil Producing Nigeria Unlimited (MPNU), which more than doubled its production and increased 2P reserves by 86%. Financially, the company achieved a record revenue of $1,116 million and adjusted EBITDA of $539 million, supporting a 10% increase in total dividend to 16.5 cents per share. On the sustainability front, Seplat completed three major End of Routine Flaring projects, remaining on track to eliminate routine flaring onshore by 2025. Additionally, the company became an EITI Supporting Company and successfully adopted the IFRS S1 and S2 sustainability disclosure standards.
Company: Seplat Energy PLC
Sector: Energy
Country: Nigeria
Year: 2024
Type: IR
Pages: 316
Seplat Energy PLC
Integrated Annual Report And Accounts
The report highlights Seplat Energy's transformational 2024 fiscal year, marked by the landmark acquisition of Mobil Producing Nigeria Unlimited (MPNU), which more than doubled its production and increased 2P reserves by 86%. Financially, the company achieved a record revenue of $1,116 million and adjusted EBITDA of $539 million, supporting a 10% increase in total dividend to 16.5 cents per share. On the sustainability front, Seplat completed three major End of Routine Flaring projects, remaining on track to eliminate routine flaring onshore by 2025. Additionally, the company became an EITI Supporting Company and successfully adopted the IFRS S1 and S2 sustainability disclosure standards.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees