The Digest:
Workers at Seplat Energy, Nigeria's independent oil and gas producer, have commenced an indefinite strike. Jerry Amah, general secretary of PENGASSAN, told TheCable that the strike began on Friday following a breakdown in talks over a 2026 collective bargaining agreement and staff welfare issues. The union said most operations, including production reporting and export activities, would be suspended, while only crucial safety and power functions will be maintained. The strike covers onshore and offshore assets nationwide.
Key Points:
- Reduced oil output could worsen Nigeria's revenue challenges amid rising global prices.
- The strike may disrupt gas supply and power generation across the country.
- PENGASSAN's 2025 strike at Dangote refinery set a precedent for labour action.
- Only essential safety functions remain, minimising immediate environmental risks.
- Prolonged strike could shake investor confidence in Nigeria's oil sector.
Watch for Seplat Energy's response and whether negotiations resume quickly to prevent prolonged production losses.
Sources: The Cable, Nairametrics
