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Nigeria: 1 Dead in Oil Rig Accident

Seplat Energy is a Nigerian oil and gas company with its head office in Lagos, Nigeria. The company’s presence extends beyond borders, as it is dually listed on both the Nigerian and London Stock Exchanges, providing an opportunity for investors seeking to engage with the African energy market.

According to a report from channelstv, a swamp drilling rig operated by Seplat, named Majestic, had collapsed on its way to its proposed drilling location in Delta State, Nigeria. The report mentions the tragic loss of 1 crew member, with 3 others missing and the 92 others accounted for.

The company released a statement addressing the incident and stating their commitment to an investigation.

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