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Sep 4, 2023 · Lagos, Nigeria – Oando PLC (“Oando” or the “Company”), Nigeria’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange, is pleased to announce that it has reached an agreement with Eni (“ENI”) (an integrated energy company actively supporting a just energy transition, with the objective of achieving Net-Zero carbon emissions by 2050 and promoting efficient and sustainable access to energy for all), for the ...
Sep 4, 2023 · The transaction increases Oando’s current participating interests in OMLs 60, 61, 62, and 63 from 20 percent to 40 percent and also increases Oando’s ownership stake in all NEPL/NAOC/OOL Joint Venture assets and infrastructure which include forty discovered oil and gas fields, of which twenty-four are currently producing, approximately forty identified prospects and leads, twelve production stations, approximately 1,490 km of pipelines, three gas processing plants, the Brass River Oil ...
About Us. Headquartered in Lagos Nigeria, OCEL is the renewable energy business subsidiary of Oando Energy Resources, a part of the Oando PLC group of companies. Our agenda is to invest in climate friendly and bankable energy solutions across the African continent; meeting our demand through the exploitation of green and renewable sources.
Oando Trading is a supply and trading company and a fully-owned subsidiary of Oando PLC , one of Africa’s largest integrated energy solutions providers. OANDO CLEAN ENERGY. Oando Clean Energy is a renewable energy company utilizing clean sources to develop energy solutions for the continent’s unique challenges. Corporate Social Responsibility.
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Sep 4, 2023 · Jefferies pegs deal value at more than $500 mln. MILAN/LONDON, Sept 4 (Reuters) - Italy's Eni (ENI.MI) has agreed to sell its Nigerian onshore subsidiary to local company Oando (OANDO.LG), the two ...
