Heirs Energies’ $500m Bet on Seplat Just Became Direct Control — New CEO Takes Over August 1
In December 2025, Heirs Energies acquired a 20.07% stake in Seplat Energy for approximately $500 million, buying the shareholding from France’s Maurel & Prom and becoming the company’s single largest shareholder. At the time, the transaction read as a capital story — a well-financed Nigerian conglomerate taking a strategic position in the country’s largest indigenous