PENGASSAN grounds Seplat operations, takes over work sites

Oil workers in Nigeria have shut down operations of Seplat Energy Plc across multiple locations following a directive from PENGASSAN. The strike, which began today, is linked to unresolved welfare issues and stalled negotiations regarding the 2026 Collective Bargaining Agreement. The implications of this industrial action could impact Nigeria's crude oil output, which is already under pressure due to the volatility of the global energy market.