Seplat Energy Staff Begin Indefinite Strike over Pay Dispute, Threatening Oil Supply
Workers at Seplat Energy began an indefinite strike on Friday. They belong to PENGASSAN, the union for senior oil and gas professionals. The move follows a breakdown in bargaining over a 2026 agreement and unresolved welfare concerns. Key operations like production reporting and exports are suspended. Only essential safety and power services remain active. The action covers onshore, offshore and joint-venture assets, while lower-tier staff under a separate union stay on duty. Seplat averages about 132,000 barrels of oil equivalent per day, roughly 9% of Nigeria’s liquids output. The company had planned to boost production to 155,000 barrels, making any halt impactful for national supply. Nigeria is under growing pressure from rising fuel costs and the need to increase crude earnings. A prolonged strike could strain both supply expectations and revenue. Both sides now face mounting pressure to reach a settlement.
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