Oando Signs PSC, GMoU on OPL 236
Oando Exploration and Production (OEPL), in line with its commitment to fast track the development of its upstream assets, today in Uyo, Akwa Ibom, signed a Global Memorandum of Understanding…
Oando Delivers 77% growth in PAT in 2007
2007 Highlights Compared to 2006: Gross profit grew to N21.4billion from N16.8b Gross profit margin increased to 11.5% from 9.0% Operating profit of N8.1 billion in 2007 from N5.3 billion…
Oando delivers 126% full year profit growth
Oando Plc, which has a primary listing on the Nigerian Stock Exchange and a secondary listing on the JSE Limited (JSE) reports Group Profit After Tax (PAT) for the financial…
Oando Donates Ethanol testing facilities to FG
Oando PLC, Nigeria’s leading energy group, in a bid to ensure only gasoline with the right ethanol level is sold in the country, has announced that it has placed orders…
Shell’s stake in OMLs 125 & 134
On 25th February 2008 we advised that we have entered into a sale and purchase agreement to acquire Shell’s Nigeria Exploration and Production’s 49.8% stake in two oil blocks namely…