22/09/2017 Nigeria Stock Exchange (NSE:OANDO) =5.83 (0.06) Johannesburg Stock Exchange (JSE:OAO) = 30.00 (0.00)
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South Africa

2nd Floor,The Place Office Park,1 Sandton Drive,Sandton Guateng,South Africa.

UAE

Unit 704, JBC4, Jumeirah Lakes Towers, Dubai.Tel: 1-441-297-4400Fax: 1-441-297-4402Email: info@oandotrading.bm

Benin Republic

OIBP 1093 Recette Principale Cotonou
Tel: 299-313679

United Kingdom

50 Curzon Street,London, W1J 7UW.Tel: 44-207-297-4280-7Fax: 44-207-499-5375

Togo

142, Rue 42 Enface De L’HotelSakarawa AblogameLome, Togo
Tel: 228-227-59-46, 227-04-22

Ghana

B35 Augostino Neto Road Airport Residential AreaAccra, Ghana Tel: 233-21-761196, 761520

Nigeria

2 Ajose Adeogun Street,Victoria Island Lagos,Nigeria.

2015

Oando reaches agreement to recapitalize 60% of downstream business to Helio-Vitol consortium for $461million.   $250 million right issue successfully achieved.  

2014

Oando Acquires ConocoPhillips Nigeria buisness for $1.5 bilion Completion of $250 million sale of EHGC Pipeline to Seven Energy OER completes $50million Private Placement

2013

N54.6billion Right Issue exercise 101% subscribed Commissioned. Commissioned 10.4MW Alausa Independent Power Plant (IPP) to provide power for Lagos State secretariat complex. Compressed Natural Gas (CNG) operations commence.

2012

OER Listed on TSX Signed a farm-Agreement for 40% participating in Qua ibo (OML 13) . A third Rig, OES Passion Commissioned. Proposed ConocoPhillips NIgerian assets acquisition agreement.

2011

The 128Km Eastern Horizon Gas Company (EHGC) pipeline was commissioned. Oando/Agip consortium awarded $3 billion gas facility contract by the Federal Government of Nigeria . Central Horizon Gas Company (CHGC) awarded mandate for Rivers State gas distribution

2010

OGP launched it’s first Independent Power Plant, Akute IPP, a 12.15MW power plant for Lagos State water corporation. The company successfully completed $140 million rights issue which was 128% over subscribed.

2009

In the first half  of the year, Oando increased it rig count to five by  acquiring two more swap rigs.

2008

Oando emerged Nigeria’s first Indigenous Oil company with interests in producing deep water assets by acquisition of 15% equity in OML 125 and 135. The company acquired an additional drilling rig drilling its fleet to three.

2007

Gaslink completed laying of 100km gas distribution pipeline in Lagos State. Oando Energy Services acquired two oil drilling rigs for approximately $100 million for use in the Niger Delta.

2005

Oando  became the first African company to achieve a cross-border inward listing on the JSE.<br> Oando Energy Service(OES) was incorporated  

2004

Oando Trading Limited and Oando Supply & Trading Limited was incorporated

2003

2003

Unipetrol Nigeria Plc merged with Agip Nigeria Plc and was rebranded “Oando”

2002

2002

The company bid for and acquired 60% in the equity of Agip Nigeria Plc from Agip Petroli International

2000

2000

Unipetrol acquired 40% in equity of gaslink Nigeria Limited to utilize its exclusive Gas Sale and Purchase Agreement with Nigeria Gas Company and later increased the stake to 51% in 2001 Ocean and Oil holding acquired 30% controlling stake in

1994

1994

Ocean and Oil Services Limited was founded to supply and trade petroleum products within Nigeria and worldwide

1992

1992

In February 1992, the company was quoted on the nIgeria stock exchange

1991

1991

On 1st March 1991, the company became a public limited company. Unipetrol Nigerial plc in the same year, 60% of the company was sold to the Nigeria public under the first phase of the then privatization exercise

1976

The Nigeria Government bought Esso’s intrest and thus became sole owners of the company. The company was then re-branded “Unipetrol Nigeria Limited”

1956

The Company commenced business operations as a petroleum marketing company in Nigeria under the name “ESSO West Africa Incorporated”, a subsidiary of Exxon Corporation of the USA