Seplat Energy earns triple honours in market excellence, upstream deal-making, sustainability impact

By Ambrose Nnaji

Seplat Energy Plc., Nigeria’s leading independent energy company, has secured three significant awards across finance, upstream operations, and sustainability, reinforcing its position as one of Africa’s most admired corporate performers.

At the 30th Anniversary of the PEARL Awards in Lagos, Seplat clinched the Market Excellence Award for the 2025 Highest Net Asset Ratio, a recognition that underscores the company’s strong asset efficiency and profitability on the Nigerian Exchange (NGX). The PEARL Awards—established in 1995 to promote discipline, transparency, and growth within Nigeria’s capital market—apply a rigorous, data-driven process to honour top-performing listed companies.

Explaining the metrics, the organisers stated that the Return on Net Assets (RONA) ratio highlights how efficiently a company converts its assets into earnings. Seplat’s performance in this category reflects sustained operational strength and investor value creation.

The company also won Upstream Deal of the Year at the World Energy Capital Assembly (WECA) Awards in London, a global recognition that celebrates outstanding transactions, financial performance, and innovation in the oil and gas industry. The accolade places Seplat among globally respected deal-makers shaping the future of upstream energy.

Rounding off the honours, Seplat received the Education Intervention of the Year at the SERAS Africa Sustainability Awards in Lagos. The award recognises the company’s contributions to human capital development and its role in driving inclusive, community-focused education initiatives. This year’s SERAS theme—“Sustainability 2.0: Innovating for Impact and Inclusive Growth”—reflects a shift towards more intentional, future-ready actions across the continent.

SERAS Founder Ken Egbas emphasised that African companies must increasingly connect “growth to inclusion, profit to purpose, and ambition to equity,” noting that Seplat and other winners demonstrated exemplary leadership in sustainable development.

Pearl Awards President/CEO Tayo Orekoya highlighted the credibility of the awards’ methodology, adding that each category is determined through verifiable metrics. NGX CEO Jude Chiemeka commended the Awards’ founders for fostering a culture of performance excellence within Nigeria’s capital markets.

Together, the recognitions affirm Seplat’s strong strategic execution, operational resilience, and commitment to innovation and social impact—hallmarks that continue to position the company as an industry leader both locally and globally.