Seplat Energy Plc, one of Nigeria’s leading independent energy companies, has closed the year with a trio of prestigious recognitions at major national and international award platforms. The company received the 2025 Highest Net Asset Ratio Award at the PEARL Awards’ 30th Anniversary Ceremony in Lagos, the Upstream Deal of the Year Award at the World Energy Capital Assembly (WECA) in London, and the Education Intervention of the Year Award at the SERAS Africa Sustainability Awards, also in Lagos.
The PEARL Awards, established in 1995 to recognise excellence among companies listed on the Nigerian Exchange (NGX), honoured Seplat Energy for its superior performance in the Return on Net Assets (RONA) category. RONA measures a company’s ability to generate profit from its assets—an important indicator for investors assessing operational efficiency and value creation. According to the Awards organisers, Seplat’s top ranking reflects robust asset deployment and strong earnings growth.
During the ceremony, Mr. Tayo Orekoya, President/CEO of the PEARL Awards, highlighted the Awards’ longstanding commitment to objective and data-driven evaluation. He noted that winners across all categories—from sectoral leadership to overall market excellence—emerge strictly from quantitative performance metrics.
The Chief Executive Officer of NGX, Mr. Jude Chiemeka, applauded the founders of the PEARL Awards for sustaining a culture of market discipline and transparency within Nigeria’s capital markets. He emphasised that recognitions based on verifiable indicators continue to push listed companies toward higher operational standards.
At the international level, Seplat Energy was also celebrated at the WECA Awards of Excellence, a global benchmark for outstanding performance in the upstream oil and gas industry. The WECA Awards recognise organisations and executives who have delivered world-class transactions, demonstrated exceptional innovation, or advanced operational excellence in the upstream sector.
Adding to its recognitions, Seplat Energy secured the Education Intervention of the Year Award at the SERAS Africa Sustainability Awards, Africa’s longest-running and most respected platform for honouring leadership in corporate social responsibility (CSR) and sustainability. The SERAS Awards celebrate organisations advancing transformative development across the continent and establishing global best practices in impact-driven initiatives.
Founder of the SERAS Awards, Ken Egbas, described the 2025 theme—“Sustainability 2.0: Innovating for Impact and Inclusive Growth”—as a call for accelerated, future-focused sustainability action across Africa. He emphasised that the continent cannot afford incremental progress, urging organisations to pursue bold, inclusive, and purpose-driven strategies.
“Africa cannot afford business as usual. We must innovate—relentlessly, boldly, audaciously. We must connect growth to inclusion, profit to purpose, ambition to equity. This year’s organizations have shown that this future is attainable,” he said.
The triple recognition positions Seplat Energy among the top performers in Nigeria’s corporate, energy, and sustainability landscapes, highlighting its commitment to operational excellence, innovative industry leadership, and impactful community investment.
