OIL giant Oando Plc has declared a N4.6 billion profit in its half year ended June 30, 2017. An analysis of the half-year results of oil and gas companies operating in the country revealed an increase ...

Eni has completed the $783 million sale of key part of its Nigerian business to Lagos-listed independent Oando. This milestone will be welcomed by both parties and is a sign that President Bola Tinubu ...

'Block KON 13 is strategically located in the prolific Kwanza Onshore Basin which represents significant exploration potential in both pre-salt and post-salt plays, with estimated prospective ...

LAGOS (Reuters) - Nigerian oil company Oando aims to raise fresh capital over the next two years and repay debt used to acquire Conoco Phillips' Nigerian assets, its chief executive Adewale Tinubu ...

The oil and gas sector is central to the nation’s economy. Oando, and other speakers at the Women’s Energy Council at the just concluded Oil Council: Africa Assembly, stress the need for gender parity ...

Lokpobiri said he has spoken to the Bayelsa state government and relevant stakeholders on collaboration with Oando to boost production from those assets. Minister of State for Petroleaum, Senator ...

Oando said it supplied petrol which met Nigeria's import specification. [Courtesy] Nigeria's Oando did not import poor quality petrol into the country, it said on Friday, in response to allegations by ...

After two petitions were sent to the SEC in 2017, investigations into Oando were launched, including a forensic audit, said the regulator. The SEC also said it was handing over the investigation to ...

Lagos — Oando Plc has announced that its upstream subsidiary, Oando Oil Limited, a 20% participating interest holder in the OMLs 60-63 JV and an affiliate of Oando Energy Resources Nigeria Limited, ...

ABUJA (Reuters) - Nigerian oil company Oando said on Monday it had settled a squabble with a key shareholder and was working on resolving remaining shareholder disputes and getting a suspension of its ...

Nigeria will need higher investments along with tighter security to help revive production in the oil-rich Niger Delta, a senior executive at Oando Plc said. Africa’s long-standing top oil producer ...