Seplat Energy in Nigeria resumes its operations after oil workers end their strike

Seplat Energy, Nigeria's largest independent oil &?gas producer has suspended its strike after the company made a written commitment on pay increases, their union announced on Saturday.

After wage negotiations failed, workers walked out of the workplace on Friday. This raises concerns over oil and gas production at a time that Nigeria is trying to maximize its output amid rising oil prices.

Nigeria's PENGASSAN (Petroleum and Natural Gas Senior Staff Association) sent a letter to Seplat Chief Executive Roger Brown on April 4, directing its members at Seplat 'Energy' to suspend all industrial action immediately after the resumption of negotiations with NNPC.

The union stated that talks would continue on a collective bargaining agreement for 2026, with a goal of resolving all outstanding issues by the end of April. The union hasn't revealed what wage?demands they are seeking.

Ogechukwu Udeagha, Seplat's spokesperson, confirmed that the union had suspended its industrial action notice to allow for negotiations to be concluded on outstanding items within an agreed framework. "Operations have resumed at our different locations."

Seplat is aiming to increase its production to up to 155,000 barrels of oil-equivalent per day in 2015, up from a 131,506 barrels of oil-equivalent per day average last year. It wants to scale up production and remain a major gas supplier to Nigeria's power market.

(source: Reuters)