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Tag: African Energy Week (AEW): Invest in African Energies 2025

  • Viva Jets Joins African Energy Week (AEW) 2025 as Gold Partner Amid Fleet Expansion in Africa

    Viva Jets Joins African Energy Week (AEW) 2025 as Gold Partner Amid Fleet Expansion in Africa

    …With a growing fleet and strategic partnerships, Viva Jets is set to showcase private aviation’s role in Africa’s economic development as a Gold Partner at AEW: Invest in African Energies 2025

    Viva Jets, Nigeria’s premier business aviation company and subsidiary of Falcon Aerospace Limited, will participate as a Gold Partner at African Energy Week (AEW): Invest in African Energies 2025. Held from September 29 to October 3 in Cape Town, the event is the largest of its kind in Africa and takes place under a mandate to make energy poverty history. Viva Jets’ participation is set to foster new partnerships as the continent strives to bolster inter-connectivity.

    Viva Jets is implementing a bold expansion strategy in Africa. The company plans to add three Bombardier Challenger 604 aircraft to its fleet in 2025. The acquisition, backed by $25 million in debt financing, aims to meet the rising demand for luxury private jet charter services across Nigeria and the wider African region. The company currently operates one Challenger 604, inducted in April 2024, alongside a Gulfstream G550 and a Hawker 900XP.

    Viva Jets secured its Air Operator’s Certificate (AOC) from the Nigerian Civil Aviation Authority in January 2025, enabling the company to operate commercially within Nigeria and beyond. The company is headquartered in Lagos and emphasizes delivering seamless luxury experiences, including flexible options like empty-leg flights.

    Further strengthening its regional ambitions, Viva Jets’ parent company Falcon Aerospace Limited recently partnered with Flybird Aircraft Management Services to establish OrientJets, an Aruba-based joint venture currently in the process of obtaining its own AOC. This partnership reflects a broader strategy to expand operational reach and tap into new markets.

    As a Gold Partner at AEW: Invest in African Energies 2025, Viva Jets is well-positioned to engage with investors, government representatives and industry leaders to highlight the strategic role of private aviation in supporting Africa’s economic growth, regional connectivity and intra-continental trade. The company’s participation underscores its commitment to fostering the development of Africa’s aviation ecosystem and providing premium travel solutions aligned with the continent’s growth trajectory.

    “Viva Jets exemplifies the dynamic growth and innovation occurring within Africa’s aviation sector. Their expansion and strategic partnership highlight the critical role private aviation plays in driving regional connectivity, business development and economic integration across the continent,” states NJ Ayuk, Executive Chairman, African Energy Chamber.  

  • Seplat Energy Chief Executive Officer (CEO) Joins African Energy Week (AEW) 2025 as Nigeria Accelerates Gas-Driven Growth

    Seplat Energy Chief Executive Officer (CEO) Joins African Energy Week (AEW) 2025 as Nigeria Accelerates Gas-Driven Growth

    Roger Brown, CEO of Nigerian independent oil and gas company, Seplat Energy, has been confirmed as a speaker at African Energy Week (AEW): Invest in African Energies 2025, taking place from September 29 to October 3 in Cape Town. His participation underscores Nigeria’s gas-led strategy to drive industrialization, boost power generation and attract investment across the energy value chain.

    In recent years, Seplat Energy has solidified its position as a key enabler of Nigeria’s just energy transition, advancing low-carbon oil and gas developments that unlock value for local communities. The company recently announced plans to revive over 400 idle oil wells across 11 blocks, is advancing the $650 million ANOH Gas Processing Plant – slated to produce 300 million cubic feet per day – and has ramped up output through its $1.28 billion acquisition of energy major ExxonMobil’s local subsidiary Mobil Producing Nigeria Unlimited. The deal, which received federal approval in 2024, effectively tripled Seplat Energy’s production volume and secured major stakes in prolific onshore and shallow water assets.

    Marking a significant step forward in Nigeria’s oil and gas sector, Seplat Energy’s acquisition of Mobil Producing Nigeria Unlimited in 2024 saw the company gain a 40% interest in four oil mining leases and associated infrastructure, including the Qua Iboe oil terminal. Additionally, Seplat Energy assumed at 51% stake in the Bonny River natural gas liquids recovery plant. These strategic additions are expected to significantly enhance Seplat Energy’s production capacity and operational capabilities, solidifying its role as a major player in Nigeria’s upstream sector.

    In Q1, 2025, Seplat Energy reported a 350% year-on-year revenue increase to $809.3 million, fueled by higher hydrocarbon volumes and robust gas sales. The company is currently producing over 131,000 barrels of oil equivalent per day and has maintained over 11 million man-hours without a lost-time injury, demonstrating its operational excellence and safety culture. Seplat Energy’s financial strength and strategic positioning have also enabled generous shareholder returns, including a 28% dividend increase for Q1, 2025.

    As Nigeria pursues a future powered by natural gas and homegrown innovation, Brown’s participation at AEW: Invest in African Energies 2025 is expected to showcase emerging opportunities for independence energy companies in West Africa. During the event, Brown is expected to explore how the country is leveraging its vast reserves – over 200 trillion cubic feet – to secure energy for its population and position itself as a gas powerhouse in Africa.

    “Seplat Energy’s expansion of its gas portfolio, infrastructure investments and acquisition strategy serve as a blueprint for sustainable, inclusive growth, The company’s aggressive investment and development strategy is expected to unlock significant value for Nigeria, as the country seeks to unlock the true potential of its oil and gas reserves,” states Tomás Gerbasio, VP Commercial and Strategic Engagement, African Energy Chamber.