Nigeria & ExxonMobil — Mobil Producing Nigeria Unlimited

Nigeria: Seplat's growth strengthens Nigeria's energy sector and attracts investment, positively impacting the national economy.

ExxonMobil — Mobil Producing Nigeria Unlimited: MPNU's acquisition by Seplat expanded its production and asset base, driving the company's improved financial performance.

Nigeria: Country experiencing economic recovery and stock market surge, with reforms driving growth.

ExxonMobil — Mobil Producing Nigeria Unlimited: Assets acquired by Seplat Energy, part of approved upstream transactions.

Nigeria: Nigeria's energy sector is the primary focus of Seplat Energy's operations and growth strategy, with the ANOH gas project being a key development for the nation's gas supply.

ExxonMobil — Mobil Producing Nigeria Unlimited: Roger Brown's tenure as CEO included the landmark purchase of ExxonMobil — Mobil Producing Nigeria Unlimited in 2024, which substantially expanded Seplat Energy's asset base and production capacity.

Nigeria: The transaction involves key Nigerian oil and gas assets, supporting the country's upstream sector and reflecting growing indigenous operator participation.

ExxonMobil — Mobil Producing Nigeria Unlimited: The acquired entity (now SEPNU) whose assets are part of the JV. The sale represents about 25% of Seplat's acquisition costs for these assets.

Nigeria: Tinubu's current role as president is listed, central to his candidacy.

ExxonMobil — Mobil Producing Nigeria Unlimited: Tinubu's employment history includes ExxonMobil — Mobil Producing Nigeria Unlimited, providing context to his professional background.

Nigeria: Oando's strong performance, along with that of Seplat and Aradel, underscores the growing capability of indigenous operators in Nigeria's upstream sector, positively reflecting on the country's energy industry and investment climate.

ExxonMobil — Mobil Producing Nigeria Unlimited: The assets acquired by Seplat Energy from ExxonMobil — Mobil Producing Nigeria Unlimited contributed to Seplat's strong 2025 performance, highlighting the trend of asset divestments by international oil companies to indigenous firms.