Press Releases

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Oando Plc Q1 2012 Interim Update Announcement
April 10, 2012

Oando Plc Q1 2012 Interim Update Announcement

Oando Oil Plc bags Nigeria Best Company of the Year award
March 7, 2012

Abuja – Oando Oil Plc has won the Nigeria Best Company of the Year Award at the ongoing 2012 Nigeria Oil and Gas (NOG) Conference in Abuja. At a Gala Night organised by the conference to honour companies which had . . .

Fuel Subsidy: Our Stand – Oando’s Press Statement on the fuel subsidy issue.
February 8, 2012

On 17th January, 2012, the Major Oil Marketer Association of Nigeria (MOMAN) comprising Conoil PLC, Forte Oil PLC, Mobil Oil Nigeria PLC, MRS Oil Nigeria PLC, Total Nigeria PLC and Oando PLC issued a press statement detailing the workings of . . .

Oando to Execute N12billion Shell Drilling Contract
February 6, 2012

Lagos, Nigeria – Oando Energy Services Limited (“OESL”), a subsidiary of Oando PLC and Nigeria’s leading indigenous operator of swamp drilling rigs, has announced the deployment of one of its swamp rigs, ‘OES Passion’ to execute a two year drilling . . .

Oando’s Second Rig Marks 2 Years of Safe Operations
January 30, 2012

Lagos, Nigeria – Oando Energy Services Limited (“OESL”), Nigeria’s leading indigenous operator of swamp drilling rigs services and a subsidiary of Oando PLC announced that it achieved a milestone of two years drilling operations without Loss Time Injury (LTI)   on . . .

US Trade and Development Agency Partners Oando Gas & Power on gas infrastructure development
December 7, 2011

Signs Grant Agreement to execute feasibility Study on natural gas pipeline Lagos, Nigeria – Oando Gas and Power Limited (OG&P), Nigeria’s leading indigenous natural gas distribution and captive power solutions company, and a subsidiary of Oando PLC, today announced that . . .

Gas Revolution: Oando Launches 128-km Pipeline
November 23, 2011

THISDAY – Ejiofor Alike Published: 22 Nov, 2011 Leading Nigerian indigenous oil company, Oando Plc, Monday made history with the successful completion of 128-kilometre gas pipeline system from Akwa Ibom to Cross River State, built by Oando Gas and Power, . . .

Oando PLC Announces Q3 2011 Results, Posts N49.6bn Gross Profit
October 25, 2011

Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced unaudited result for the nine months period ended 30 September, 2011, with . . .

Oando and Exile Resources Enter Into Definitive Master Agreement
October 13, 2011

PRESS RELEASE Not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States of America 13 October, 2011 (Toronto, Ontario): Oando PLC (“Oando”) and Exile Resources Inc. (“Exile”) (TSXV:ERI) are pleased . . .

Frequently Asked Questions on Oando PLC and Exile Resources Inc
October 13, 2011

1. Is Oando exiting the E&P Business? No, Oando is not exiting the E&P business but rather strengthening its commitment to the growth of its E&P business by giving it a platform to raise equity for faster growth through both . . .