Tony Elumelu's Heirs Energies acquires 20% stake in Seplat

Billionaires Africa | 31.12.2025 16:18
French oil and gas producer Etablissements Maurel and Prom said it has agreed to sell its entire 20.07% stake in Seplat Energy Plc, one of Nigeria’s best known independent energy companies, to Tony Elumelu's Heirs Energies Ltd for $496 million.