Oando Boosts Upstream Division with New Executive Appointments

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 ...


Oando Gas & Power Takes Gas to Tin Can Island

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 ...


Nigeria: Oando’s First Quarter Turnover hits N69.40 billion

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 ...


Oando Marketing Introduces new Aerosol “Oando Insecticide”

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 ...


Oando Gas and Power Wins Second Nigerian Gas Awards

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 ...


Oando Signs PSC, GMoU on OPL 236

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 ...


Oando Delivers 77% growth in PAT in 2007

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 ...


Oando States Position on Fuel Importation

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 ...


Oando acquires two Nigerian oil mining leases from Shell for USD$625 million

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 ...


Nigeria’s Oando Acquires Two Swamp Rigs for Niger Delta Ops

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 ...