Seplat Energy Plc has referred to as for accelerated exploration, stronger indigenous capabilities, larger deployment of know-how and sustained funding throughout Nigeria’s vitality worth chain to unlock the nation’s hydrocarbon potential, strengthen vitality safety and drive long-term financial prosperity.
The Chief Executive Officer of Seplat Energy Plc, Engr. Effiong Okon, made the decision in his keynote addresses delivered in the course of the forty fourth Nigerian Association of Petroleum Explorationists (NAPE) Annual International Conference & Exhibition (AICE) 2026 in Lagos.
Speaking on the convention opening day on the theme, “Unlocking More Barrels: Driving Reserves Growth Through Exploration, Local Capabilities and Adaptive Technology,” Okon mentioned Nigeria possesses a major hydrocarbon useful resource base however should speed up the conversion of sources and reserves into precise vitality manufacturing.
“Nigeria is better placed than most. We have a significant resource base and a strategic position in global energy supply. However, a reserve is a promise. A barrel delivered is a result. Our task is to close the distance between the two, and to do it faster,” he mentioned.
He recognized exploration, native functionality and adaptive know-how as three essential levers for rising reserves and manufacturing, noting that investments in higher seismic imaging, disciplined appraisal and digital applied sciences can scale back subsurface uncertainty and enhance the standard and pace of funding selections.
