Structure of Oando

The Oando Group is structured as shown below. Please select a subsidiary to learn more.

Oando Marketing

Nigeria's leading oil retailer

Oando's leadership position as Nigeria's foremost integrated energy company is associated with our successes in the petroleum products marketing business.

As the nation's leading oil retailer, we sell and distribute one in every five litres of petroleum products in Nigeria via our over 500 retail outlets and other strategic assets like our 2 lubes blending plants, 3 terminals, 9 LPG filling plants and we are still counting.

In our bid to improve the overall efficiency of the industry and to lower product cost for the consumer, we are poised to construct the largest products terminal in sub-Saharan Africa in Lekki free zone and an offshore sub-marine pipeline delivery system in Apapa. With human capabilities backed with world-class standards, Oando Marketing will continue to serve Nigeria as the leading retail oil marketing company for years to come.

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Oando Supply and Trading

Africa's Largest Independent and Privately Owned Oil Trading Company.

In 2004, Oando consolidated its global oil supply and trading businesses to emerge as Africa's largest independent and privately-owned oil trading company. Today, Oando imports a significant portion of Nigeria's refined petroleum product requirements.

Oando Supply & Trading also maintains a presence in the world's products freight market in terms of vessels chartered on spot and time basis for the delivery of oil and oil products to various customers globally.

With a track record of 100% delivery on all its supply contracts, consolidating its existing markets and tapping into the upstream business, Oando Supply and Trading has positioned itself as the supplier of choice for products supplies in the West African sub region.

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Oando Gas & Power

Building Sub-Saharan Africa's Largest Gas Pipeline Grid . . . Developing Independent Power Plants in Nigeria

We pioneered the private sector piping and distribution of natural gas to industrial and commercial consumers.

With 100km of pipes already laid in Lagos State, and another 128km in progress in Akwa Ibom and Cross River States, while aggressively seeking other franchises in Nigeria and the West African sub-region, Oando has taken bold steps towards building sub-Saharan Africa's largest gas pipeline network. In the near future, Nigerian citizens and industries will begin to enjoy for centuries, the benefits of a cheaper, cleaner and safer fuel from Oando's integrated gas pipeline network.

Our power business will contribute several captive power plants to the Nigerian market as we position to be a major player in the Nigerian electricity industry.

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Oando Energy Services Limited

Nigeria's largest indigenous rig services provider

We made a bold entry in the oil & gas upstream services via Oando Energy Services - an integrated oilfield services company. In demonstration of our high level of technical capabilities, the company is currently executing several oilfield services contracts in Nigeria.

With the aim of being Nigeria's largest indigenous oilfield services firm and encouraged by the renewed local content drive in Nigeria, we commenced our $500 million five-year investment plan with the acquisition of five oil drilling rigs for approximately $250 million for use in the Niger Delta.

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Oando Exploration and Production

First indigenous oil and gas company with participatory interest in producing deep offshore assets

Our audacious steps in the upstream sector were boosted with the acquisition of oil and gas oilfields by Oando Exploration and Production Limited (OEPL) during the Federal Government's oil blocks licensing rounds in 2005.

Oando is currently the operator of two oil blocks - OPL 278 and OPL 236. The company is also a Local Content Vehicle (LCV) partner with AGIP on OPL 282 and has a 45% non-operating participatory interest in a marginal field, Obodeti-Obodugwa (former OML 56). These fields are in different stages of development and will significantly increase Nigeria's oil and gas reserves.

In line with our growth strategy, we are also aggressively seeking investment in both exploratory and near-term production opportunities with a view to increasing our reserve base. We recently acquired interest in two deep offshore assets to significantly boost our portfolio.

OEPL's management team comprises seasoned professionals with over one hundred years of experience in all facets of Exploration and Production. We shall continue to advance our growth potential whilst building capacity and adhering to international EHSQ standards.

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Oando Refining and Terminaling

Developing a 360,000bpd capacity greenfield Refinery in Lagos state

Oando Refinery and Terminals is the newest business unit of the Oando Group managing the development of an ultramodern 360, 000 barrels per day (bpd) greenfield petroleum refinery and a 210, 000 MT capacity product reception terminal in the Lekki Free Trade Zone located in Lagos state, South-West of Nigeria.

It was set up to bridge the supply gap with respect to petroleum products availability in Nigeria.

Oando's entry into Refinery and Terminals sectors completes its footprints in all segments of the energy value chain to become Nigeria's leading integrated energy solutions providers.

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