Saturday, July 26th, 2008
In its drive to further boost its upstream operations and continuously position itself as Nigeria’s integrated energy solutions provider, Oando PLC has announced the appointments of Mr. Tunde Ogunnaike and ...
Friday, July 18th, 2008
Industries on the Tin Can Island, Lagos are now positioned to access natural gas as Gaslink Nigeria Limited - a subsidiary of Oando Gas and Power, Nigeria’s leading energy provider ...
Friday, May 16th, 2008
Q1 2008 highlights compared to 2007
Grows Profit After Tax up by 30%
EBITDA increases from N1.92b to N2.77b
Operating profit increases by 65%
Oando PLC, Nigeria’s leading integrated energy solutions provider, has announced ...
Friday, May 16th, 2008
In a bid to diversify its product line and further consolidate it Non-Fuel Revenue earnings, Oando Marketing, Nigeria’s leading marketer of petroleum products, and a subsidiary of Oando PLC, today ...
Monday, May 12th, 2008
Oando Gas and Power, a subsidiary of Oando PLC, Nigeria’s leading integrated energy group, has won the Gas Corporate Award (Downstream) for 2008 as the Best Gas Company operating in ...
Thursday, April 24th, 2008
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 ...
Friday, April 18th, 2008
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
Profit attributable to shareholders ...
Thursday, March 6th, 2008
Oando imported a cargo of 33, 000 metric tons of gasoline (petrol) from Gunvor International B.V Amsterdam on the 9th of January 2008. The said cargo arrived Nigeria on the ...
Monday, February 25th, 2008
25th February 2008
Oando PLC has acquired Shell Nigeria Exploration and Production’s 49.8% stake in two oil Blocks, namely OML 125 and OML 134. The two deepwater blocks offshore Nigeria were ...
Monday, February 11th, 2008
7th February 2008
OANDO ACQUIRES TWO SWAMP RIGS FOR N11.7 BILLION
Oando Energy Services, a leading integrated oilfield services company that provides products and services to major upstream companies operating in Nigeria ...