Seplat Petroleum Development Company PLC
Incident during maintenance at Benin River Valve Station
Lagos and London - July 09, 2020: Seplat Petroleum Development Company Plc ("Seplat" or the "Company") has been informed of a serious incident involving seven fatalities following an explosion during planned work by a Nigerian Petroleum Development Company (NPDC) contractor on 7th July 2020, at the Benin River Valve Station on OML 40 in Delta State. There were no other casualties and the fire was quickly extinguished. No Seplat employees were involved.
The explosion occurred during the installation of a ladder on a platform at the Benin River Valve Station which is used for exporting Gbetiokun production. The site of the incident is some distance from field operations on OML 40, which were unaffected.
Our thoughts and prayers are with the friends and families of all those who lost their lives. Our utmost priority will continue to be the safety and wellbeing of our employees and contractors, as well as their families.
The Nigerian National Petroleum Corporation (NNPC) provided further details of the incident and confirmed that a detailed investigation into the cause of the explosion has commenced in an announcement issued yesterday:
Notes to Editors:
OML 40 is operated by the Nigerian Petroleum Development Company (NPDC) on behalf of the NPDC/Elcrest Joint Venture.
NPDC, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), owns 55% and Elcrest Exploration and Production Nigeria Ltd (EENPL), owns 45%. Elcrest is a joint venture between Starcrest (55%) and Eland (45%), which is a subsidiary of Seplat.
Seplat Petroleum Development Company Plc
Roger Brown, Chief Financial Officer
Carl Franklin, Head of Investor Relations
Ayeesha Aliyu, Investor Relations
Chioma Nwachuku, General Manager, External Affairs & Communications
+44 203 725 6500
+234 1 277 0400
+234 1 277 0400
Ben Brewerton / Sara Powell
+44 203 727 1000
Notes to Editors
Seplat Petroleum Development Company Plc is a leading indigenous Nigerian oil and gas exploration and production company with a strategic focus on Nigeria, listed on the Main Market of the London Stock Exchange ("LSE") (LSE:SEPL) and Nigerian Stock Exchange ("NSE") (NSE:SEPLAT).