oando

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!
  1. O

    Oando Plc’s $783M Acquisition of Nigerian Agip Oil Company Secures ‘Deal of the Year’ Award at Africa Energy Week 2024

    Oando Plc’s $783M Acquisition of Nigerian Agip Oil Company Secures ‘Deal of the Year’ Award at Africa Energy Week 2024 Detailed Report: 1. Overview of the Award and Recognition Oando Plc, Nigeria’s indigenous energy company, has been awarded the prestigious ‘Deal of the Year’ accolade at...
  2. O

    Oando PLC Directors’ Report for the financial year ending December 31, 2023

    Oando PLC Directors’ Report for the financial year ending December 31, 2023 1. Principal Activity • Oando PLC engages in strategic investments within the energy sector and supplies oil and gas products. • The Group’s primary business activities include: • Exploration and Production (E&P)...
  3. O

    Oando Shares Surge 10% Ahead of Audited Financial Report Release

    Oando Shares Surge 10% Ahead of Audited Financial Report Release Oando Energy Plc has seen a significant uptick in its market value, rising by 10% as investor confidence swells ahead of the company’s third-quarter earnings release and the audited financial statement for the fiscal year 2023...
  4. O

    TINUBU HAS NO INTEREST IN OVH ACQUISITION- NNPC

    TINUBU HAS NO INTEREST IN OVH ACQUISITION- NNPC Key Points: 1. Accusation by Atiku: - Atiku Abubakar, the former Vice President, accused corporate groups close to President Bola Tinubu of taking control of the Nigerian National Petroleum Company (NNPC). - He claimed that Wale Tinubu, the...
  5. O

    ENI GETS APPROVAL TO SELL AGIP TO OANDO

    ENI GETS APPROVAL TO SELL AGIP TO OANDO - Approval Received: Eni has obtained approval from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to sell its subsidiary, Nigerian Agip Oil Company (NAOC), to Oando PLC. - Transaction Details: The sale includes NAOC’s focus on onshore oil...
  6. O

    FEDERAL HIGH COURT HALTS OANDO "GO PRIVATE" SCHEME

    FEDERAL HIGH COURT HALTS OANDO "GO PRIVATE" SCHEME The Federal High Court, presided over by Hon. Justice Aneke, has ruled on an application by five aggrieved shareholders of Oando Plc in *Suit No. FHC/CP/494/2021: Venus Construction Co Ltd & 13 Ors vs. Ocean & Oil Development Partner Ltd &...
  7. R

    NUPRC ANNOUNCES THE COMPLETION OF OANDO, NIGERIA AGIP OIL COMPANY ACQUISITION DEAL

    The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Oando PLC has finalized the acquisition of 100% of Nigerian Agip Oil Company Limited (NAOC Ltd) shares from ENI. NUPRC Chief Executive, Engineer Gbenga Komolafe, announced this at the ongoing Oil and Gas Energy Week...