Nigeria’s crude oil output has received a boost after Seplat Energy restarted its Yoho offshore platform.
The facility is now adding about 20,000 to 25,000 barrels of oil daily to national production.
The restart comes after the platform remained shut following a major fire in October 2025.
The Yoho Floating, Storage and Offloading platform operates in OML 104, offshore Nigeria.
Seplat Producing Nigeria Unlimited manages the facility through Seplat Energy’s shallow offshore business.
The October fire damaged parts of the platform and forced an immediate shutdown of operations.
Seplat then began major repair and engineering work to restore the asset.
The company pushed its repair programme through the first half of 2026.
Some maintenance work lasted longer than initially expected, causing minor production restrictions earlier this year.
However, the company confirmed the successful restart and gradual increase in production during the third quarter of 2026.
The Yoho platform restart could help Nigeria maintain stronger crude production levels.
The restored output also supports Nigeria’s efforts to meet its 1.5 million barrels per day OPEC quota.
Nigeria’s crude and condensate production has recently moved between 1.5 million and 1.68 million barrels daily.
Earlier production shortfalls had placed pressure on government revenue.
Meanwhile, the Nigerian Upstream Petroleum Regulatory Commission is focusing on bringing idle oil assets back into operation.
The regulator is targeting higher national production as Nigeria works towards a 2.5 million barrels per day goal.
Seplat has also retained its 2026 production forecast of 135,000 to 155,000 barrels of oil equivalent daily.
The company expects the return of Yoho to support that target.
Seplat reported operating costs of $15.8 per barrel of oil equivalent during the first half of 2026.
The company has slightly revised its full-year cost forecast to between $14.50 and $15.50.
Beyond crude production, Yoho’s return could support other major energy projects.
The platform provides infrastructure that supports Seplat’s planned Yoho Liquefied Natural Gas export project.
The project is being developed under a sales agreement involving UTM Offshore and NNPC.
The restart also adds to Seplat’s wider gas expansion plans.
These include the ANOH Gas Plant and the planned Oso-BRT Phase 1 project.
Together, the projects are expected to support a wider production target of 200,000 boepd by 2030.
Its return could also strengthen production and infrastructure across Nigeria’s growing oil and gas sector.
