Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

     Oyedele Seeks Affordable Capital to Bridge Africa’s Infrastructure Gap ⁠

    September 23, 2026

    2027: Why South-East Should Support Tinubu—Umahi  

    September 23, 2026

    XRP Hits $1.60 on Accumulating Buying Pressure – Faces Target Price

    September 23, 2026
    Facebook X (Twitter) Instagram
    Trending
    •  Oyedele Seeks Affordable Capital to Bridge Africa’s Infrastructure Gap ⁠
    • 2027: Why South-East Should Support Tinubu—Umahi  
    • XRP Hits $1.60 on Accumulating Buying Pressure – Faces Target Price
    • Oil Dips Below $100 on US-Iran Talks, Saudi Pipeline Flow
    • Nigerian T-Bills Yields Dip, Traders Anticipate Rates Repricing
    • Excess Liquidity in Banking System Climbs 73%, Rates Mixed
    • NMDPRA Threatens Licence Revocation for Fuel Stations Under-Dispensing Products
    • Naira Rallies Against USD, EUR, GBP – Gains 8% Year-to-Date
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Wednesday, September 23
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Seplat Energy’s Amukpe-Escravos Pipeline Begins Operation

    Seplat Energy’s Amukpe-Escravos Pipeline Begins Operation

    Julius AlagbeBy Julius AlagbeAugust 1, 2022Updated:October 11, 2025 News No Comments2 Mins Read
    Seplat Energy’s Amukpe-Escravos Pipeline Begins Operation
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Seplat Energy’s Amukpe-Escravos Pipeline Begins Operation

    Seplat Energy Plc today announces that it has begun commercial injection of crude oil through the new Amukpe-Escravos Pipeline.

    The 67km mostly underground pipeline is expected to provide a more reliable and secure export route for liquids from Seplat Energy’s major assets OML 4, 38 and 41, connecting them with the Chevron-operated Escravos Terminal, the company said in a statement. 

    It has a capacity of 160,000 barrel litre (bbl) per day, of which the Seplat Energy / NPDC joint venture is entitled to inject 35,000 bbl/day.  It said dewatering was completed on Friday 29 July and the Site Acceptance Test is now underway with commercial volumes.

    The statement reads that until now, the Company has relied on the Trans Forcados System, which has experienced numerous disruptions in recent years due to pipeline maintenance and vandalism, which have impacted the Company’s revenues.

    Speaking on the development, Roger Brown, Chief Executive Officer of Seplat Energy, said, “The commercial launch of the Amukpe-Escravos Pipeline is a significant event for Seplat Energy and for Nigeria, offering a more secure and reliable export route that will assure higher revenues and profitability for Seplat Energy, enabling us to make a larger contribution to Nigeria’s economy”.

    READ ALSO: Seplat Energy’s Valuation Rises 20% as Investors Take Position

    “We commend the work that has made this possible and appreciate the efforts of our partners and all contractors involved to create this more reliable and secure export route for Nigeria’s oil”, Brown said. # Seplat Energy’s Amukpe-Escravos Pipeline Begins Operation

    Nigeria
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Keep Reading

     Oyedele Seeks Affordable Capital to Bridge Africa’s Infrastructure Gap ⁠

    XRP Hits $1.60 on Accumulating Buying Pressure – Faces Target Price

    Oil Dips Below $100 on US-Iran Talks, Saudi Pipeline Flow

    Nigerian T-Bills Yields Dip, Traders Anticipate Rates Repricing

    Excess Liquidity in Banking System Climbs 73%, Rates Mixed

    NMDPRA Threatens Licence Revocation for Fuel Stations Under-Dispensing Products

    Add A Comment

    Comments are closed.

    Editors Picks

     Oyedele Seeks Affordable Capital to Bridge Africa’s Infrastructure Gap ⁠

    September 23, 2026

    2027: Why South-East Should Support Tinubu—Umahi  

    September 23, 2026

    XRP Hits $1.60 on Accumulating Buying Pressure – Faces Target Price

    September 23, 2026

    Oil Dips Below $100 on US-Iran Talks, Saudi Pipeline Flow

    September 23, 2026

    Nigerian T-Bills Yields Dip, Traders Anticipate Rates Repricing

    September 23, 2026
    Latest Posts

     Oyedele Seeks Affordable Capital to Bridge Africa’s Infrastructure Gap ⁠

    September 23, 2026

    XRP Hits $1.60 on Accumulating Buying Pressure – Faces Target Price

    September 23, 2026

    Oil Dips Below $100 on US-Iran Talks, Saudi Pipeline Flow

    September 23, 2026

    Nigerian T-Bills Yields Dip, Traders Anticipate Rates Repricing

    September 23, 2026

    Excess Liquidity in Banking System Climbs 73%, Rates Mixed

    September 23, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.