Oando and Exile Resources Granted Approval on Akepo Oilfield, Commissions Noble Rig to Drill Oando Exploration and Production Limited (OEPL) announced that it has received approval from the Nigerian Ministry of Petroleum Resources for Exile Resources' farm out ("Agreement"), previously…
Ghana selects Oando for $1bn Natural Gas Project Oando, Nigeria's leading integrated energy solutions provider announces that it has been selected as a Strategic Partner to the Ghana National Petroleum Corporation (GNPC) to develop assets and infrastructure to harness the…
Oando Marketing floods market with kerosene In a swift move to alleviate the hardship created by the acute shortage of kerosene in the nation, Oando Marketing Limited (OML), Nigeria's foremost oil marketing retailer, today 1st October, 2009 commenced massive distribution…
Oando Marketing Pioneers Electronic Payment System Oando Marketing Limited (OML), Nigeria's foremost oil marketing retailer and subsidiary of Oando PLC has announced plans to pioneer on 1st October, 2009, a new electronic payment solution called "PAYDirect" for Dealers of its…
Commences monetisation of OML 125 First indigenous participant company in a producing deep offshore oil block Oando, Nigeria's first indigenous participant in a producing deep offshore oil block, has commenced the monetisation of its investment in its recently acquired 15%…
RE: CENTRAL BANK OF NIGERIA ADVERTORIAL Our attention has been drawn to the Advertorial published by the Central Bank of Nigeria (CBN) in national daily newspapers, on Wednesday the 19th day of August 2009. This Advertorial states, that Oando PLC…
Oando PLC, Nigeria’s leading integrated energy solutions provider, today announced a N3.8bn profit for the six-month period ending 30 June 2009, representing a 4% increase over the same period in 2008. Against the background of the global economic downturn, the…
Shareholders of Oando PLC, Nigeria's leading integrated energy group, yesterday unanimously endorsed the Company's proposed N200 billion additional capital raising. The resolution, passed at the company's annual general meeting (AGM) on 30th July, 2009, is the first step in strengthening Oando's…
OES Emerges Nigeria's largest drilling services provider Total rigs in fleet now five Investment in energy services now $250 million Oando Energy Services, a subsidiary of Oando PLC - Nigeria's leading integrated energy solutions provider, has emerged Nigeria's largest indigenous…
Oando PLC, Nigeria's integrated energy solutions provider with operations across West Africa, today announced unaudited results of N77.5 billion in turnover for the first quarter ended 31 March 2009. This represents a 12% increase from N69.4 billion same period in…