Seplat Energy plans to invest up to $320 million in new wells and infrastructure this year, aiming to more than double its oil output to as much as 140,000 barrels per day following its acquisition of ...

Seplat Energy plans a $320 million investment in new wells and infrastructure to more than double its oil output to 140,000 barrels per day, following the acquisition of Exxon Mobil's Nigerian assets.

Following the storm, the Southwest Florida Water Management District, which oversees lake and river levels, would not allow the city to pump out water any faster from Lake Bonny and Lake Parker ...

The company secured government consent last October to acquire 40% of four oil mining leases and associated infrastructure, including the Qua Iboe export terminal, and 51% of the Bonny River ...