The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva, yesterday in Abuja, received a delegation of the key top management of Seplat Petroleum Development Company Plc.
The delegation led by the Chairman of Seplat, Dr. A.B.C. Orjiako, comprised of Austin Avuru (Chief Executive Officer), Ifueko Omoigui Okauru (Independent Director), Roger Brown (Chief Financial Officer) and Dr. Chioma Nwachuku (General Manager, External Affairs and Communications).
The delegation also includes Effiong U. Okon (Executive Director of Operations) and Edith Onwuchekwa (Company Secretary).
Dr. Orjiako applauded the choice and appointment of Chief Sylva as the Minister of State for Petroleum Resources, noting that the tutelage received during his stint as the Special Assistant to the erstwhile Minister of Petroleum Resources, Dr. Edmund Daukoru had prepared him to deliver excellently.
He further namechecked Seplat’s pioneer role of asset acquisition and how it has conscientiously grown into a fully Nigerian company with a global outlook, stating that “Seplat leads from the front.”
He expressed the company’s readiness and commitment to supporting the domestic gas penetration agenda and a huge appetite for even more asset acquisition.
Chief Executive Officer, Austin Avuru while speaking, noted that the solid homegrown capacity of the company has rightly positioned it to fully embrace public sector partnerships while stating Seplat’s successful ventures with the Nigerian National Petroleum Corporation’s National Petroleum Investment Management Services (NAPIMS), Nigerian Petroleum Development Company Ltd (NPDC) and Nigerian Gas Marketing Company.
Seplat’s Chief Financial Officer, Roger Brown was excited to share the organisation’s solid balance sheet which he said was, “as a result of disciplined fund management and brand positioning.”
Chief Sylva, stated that “Seplat is one of the nation’s brightest spots” while noting that “the growth of the company has been very thrilling to watch”.
He particularly applauded Seplat’s finance position of over $1billion foreign direct investment (FDI) and local investment of over $300m.