Welligence Nigeria M&A | Heirs Energies acquires 20.07% stake in Seplat Energy from Maurel & Prom

January 9, 2026

Nigeria upstream M&A ends the year strongly as Heirs Energies acquires a strategic minority stake in Seplat Energy. The deal broadens Heirs Energies exposure to a high quality oil and gas portfolio. It strengthens access to domestic gas infrastructure while diversifying the company beyond its existing onshore asset base.

Our latest analysis explores what this transaction means for rising indigenous ownership in Nigeria and Seplat Energy’s growth outlook. It assesses Seplat Energy’s role as a leading domestic gas and liquids producer and its support for Nigeria’s ambitious growth targets.