| 2008 Jan | Feb | Mar | April | May |
| 2007 Jan | Feb | March | May | July | Aug | Sep | Nov |
| 2006 Jan | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
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| MAY |
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Oando Marketing Introduces new Aerosol “Oando Insecticide”
Oando Exploration and Production (OEPL), in line with its commitment to fast track the development of its upstream assets, today in Uyo, Akwa Ibom, signed a Global Memorandum of Understanding with the Ukana South 1 communities, within block OPL 236. more... |
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Oando’s First Quarter Turnover hits N69.40 billion
Oando PLC, Nigeria’s leading integrated energy solutions provider, has announced a turnover of N69.4 billion for the first quarter ended 31st March 2008. This represents a 48% growth compared to N46.9 billion recorded for the same period in 2007. more... |
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| APRIL |
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Oando Signs PSC, GMoU on OPL 236
Oando Exploration and Production (OEPL), in line with its commitment to fast track the development of its upstream assets, today in Uyo, Akwa Ibom, signed a Global Memorandum of Understanding with the Ukana South 1 communities, within block OPL 236. more... |
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Oando delivers 126% full year profit growth
11th April, 2008
Oando Plc, which has a primary listing on the Nigerian Stock Exchange and a secondary listing on the JSE Limited (JSE) reports Group Profit After Tax (PAT) for the financial year ended 31 December 2007 of $50m, an increase of 126% over the prior year when the Company made PAT of $22m. more... |
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Oando Delivers 77% growth in PAT in 2007
Oando Plc, Nigeria’s leading energy solution provider, has announced its reports for the financial year ended 31st December, 2007 with an impressive growth of its Profit After Tax (PAT) of 77% from N3.08 billion in 2006 to N5.48 billion in 2007. more... |
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Oando Donates Ethanol testing facilities to FG
Oando PLC, Nigeria’s leading energy group, in a bid to ensure only gasoline with the right ethanol level is sold in the country, has announced that it has placed orders for two state-of-the-art ethanol testing equipment known as the ‘Varian CP-3800 GC’ for donation to the Federal Government. more... |
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Shell’s stake in OMLs 125 & 134
On 25th February 2008 we advised that we have entered into a sale and purchase agreement to acquire Shell’s Nigeria Exploration and Production’s 49.8% stake..More... |
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| MARCH |
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Oando successfully implements Oracle ERP System dubbed “Project Synergy”
In recognition of its mission of being the premier company driven by excellence, Oando PLC, has successfully implemented on a full scale the Oracle Enterprise Resource Planning (ERP) system... More... |
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Gaslink Pipelines Pass Hydrostatic Pressure Test Set to commence supplies to industries...
Oando PLC’s subsidiary, Gaslink Nigeria Limited, is the leading indigenous industrial natural gas provider. The main section of the Greater Lagos Phase III pipeline system was certified safe for operations following a successfully conducted hydrostatic pressure test in February 2008. More... |
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Contaminated Fuel: Oando to sue Manufacturer.
6th March 2008
In the bid to ensuring that the suppliers of the product are held responsible for all actions for which they are culpable, Oando has commenced necessary legal action against the company. More... |
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| FEBRUARY |
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Oando acquires two Nigerian oil mining leases from Shell for USD$625 million
Oando PLC has acquired Shell Nigeria Exploration and Production’s 49.8% stake in two oil Blocks, namely OML 125 and OML 134. The two deepwater blocks offshore Nigeria were won by Oando in an international competitive bidding process. more... |
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Oando Plc enters into a 2 year US$200m NGN-linked Bilateral Loan Agreement with Merrill Lynch International, Guaranteed by GT Bank and Zenith Bank
21th February 2008
On 31 January 2008, Oando Plc, Nigeria’s leading indigenous integrated oil & gas company, listed on the Lagos and Johannesburg Stock Exchanges, executed a US$200 million 2 year NGN-linked bilateral Loan Agreement with Merrill Lynch International (the “Loan”). The Loan was fully guaranteed by Zenith Bank (“Zenith”) and Guaranty Trust Bank (“GTB”) of Nigeria. more... |
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Oando Acquires Two Swamp Rigs For N11.7 Billion
7th February 2008
Oando Energy Services, a leading integrated oilfield services company that provides products and services to major upstream companies operating in Nigeria and a subsidiary of Oando PLC, has acquired two swamp rigs for upstream operations in the Niger-Delta area, as the company seeks to expand its service offerings to operating companies in Nigeria. more... |
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| JANUARY |
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East Horizon Gas Company Holds EIA Open Forum in Uyo, Calabar on Gas Pipeline Project to UNICEM Factory
25th January 2008
East Horizon Gas Company, a subsidiary of Oando Gas & Power in conjunction with Nigeria Gas Company, (NGC) and Department of Petroleum Resources (DPR) recently conducted an Environmental Impact Assessment (EIA) Open Forum as part of its statutory requirements for the granting of an Oil Pipeline License (OPL) for a gas pipeline. more...
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Gaslink Nigeria Wins Gas Downstream Natural Gas Marketing Awards
15th January, 2008
Gaslink Nigeria Limited, a subsidiary of Oando Gas & Power has won the Gas Corporate Award (Downstream) for 2007 as the Best Gas Company operating in the Downstream Energy Sector, as well as the West Africa Quality Natural Gas Marketing Company of the Year 2007 Award. The awards were given by NED Conferences, publishers of Nigeria Energy Digest and the Quality Management Development Institute. more... |
Oando Meets Education Minister on Adopt-A- School Programme
8th January, 2007
Oando PLC, Nigeria’s leading integrated energy solution providers last month, paid a visit to Minister of State 2, Federal Ministry of Education, Hajiya Aishatu Jibril Dukku, to formally present Oando its Adopt-A-School programme, and unveil its plan. more... |
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Oando Energy Services wins USD 150million Contracts
Jan. 2, 2008
In demonstration of its high level of technical capabilities as the leading indigenous oilfield services industry in Nigeria, Oando Energy Services Limited tendered for and won competitive oil field service contracts valued at $151.1m with some major upstream companies operating in Nigeria during 2007. more... |
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| NOVEMBER |
Oando To Partner With Lagos State On Energy Projects
Nov. 20, 2007
Oando Plc, the integrated energy solutions provider has announced plans to partner with the Lagos State Government on various short to medium term projects that will be implemented in the State over the next four years at an estimate cost of over $2.5 Billion (Two and a half billion US Dollars). more... |
Oando Delivers Remarkable Third Quarter Results
Nov. 7, 2007
Oando Plc, Nigeria’s leading integrated energy solutions provider with operations geographically spread across West Africa, today announced unaudited results for the nine months ended 30 September 2007. The company’s Profit Before Tax grew by 46% from N3.01 billion in 2006 to N4.14 billion in 2007. more... |
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| SEPTEMBER |
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Oando Unveils Oleum SM: the 21st Century Performance Engine Oil
Sep. 5, 2007
In accordance with its prime objective of delivering superior consumer product and services, Oando Marketing, a subsidiary of Oando Plc, Nigeria’s leading integrated energy solutions provider, launches its new class of super premium performance motor engine oil, Oleum SM at the... more... |
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| AUGUST |
Oando Launches “Sea Station” - Onne back loading Facility
Aug. 10, 2007
In a bid to provide uncommon service to its customers, Oando Marketing, Nigeria’s leading oil marketing retailer, has launched the first ever Back Loading operation in Nigeria, at the Federal Lighter Terminal (FLT) Onne, Rivers State. more... |
Oando Delivers 45% Profit Growth Despite Challenging Environment
Aug. 10, 2007
Group CEO, Mr Wale Tinubu, commented on the performance, “Despite the challenges faced by the industry during the first half of the year, including volatile crude oil prices, several man-hours lost due to election holidays, general and industrial strike action and some scarcity of petroleum products, the Oando Group continues to deliver impressive profit growth. more...
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Oando Delivers Impressive Half Year Results
Aug. 10, 2007
Oando Plc, Nigeria’s leading integrated energy solutions provider with operations geographically spread across West Africa, today announced unaudited results for the six months ended 30 June 2007. The company’s Profit Before Tax grew by 51% from N1.95 billion in 2006 to N2.94 billion in 2007. The increase is a consequence of improved profitability of all the business entities, coupled with significant growth in the company’s... more... |
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| JULY |
Oando’s Customers to Win Big in the “Instant Awoof” Promo
July 28, 2007
Oando Marketing, the leading downstream petroleum marketing company in Nigeria and a subsidiary of Oando Plc, the leading integrated energy services company in Nigeria, is organizing a 12-week retail promo tagged “Oando Instant Awoof Promo – Everybody Wins” which will run from 28th July to 30th October 2007 among selected retail outlets nationwide to reward its loyal customers. more... |
Oando Boosts Group Operations with New Appointments
July 13, 2007
In its drive to further strengthen its operations and achieve its vision of being Africa’s integrated energy solutions provider, Oando Plc has announced with immediate effect the appointments of Mr. Bright Ahonsi and Mr. Uche Dimiri as the new Chief Executive Officers for Oando Exploration and Production Limited (OEPL) and more... |
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| MAY |
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Eyeing Future Growth, Oando goes into Partnership with HP
May 17, 2007
Oando Plc, the integrated energy solutions provider with interests spanning the entire energy value chain, today announced the beginning of a partnership with Hewlett-Packard. The partnership is aimed at providing the necessary infrastructure and support as Oando makes significant changes to its Information Technology (IT) infrastructure that will power more... |
Solid First Quarter Performance For Oando
May 14, 2007
Oando Plc, the integrated energy solutions provider with operations geographically spread across West Africa, today announced unaudited results for the first quarter of the 2007 financial year. more... |
Oando Increases Its PBT By 58% To N1.342 Billion In Q1 2007
May 14, 2007
Oando Plc, the leading integrated energy solutions provider with operations geographically spread across West Africa, today announced un-audited results for the first quarter of 2007, with Profit Before Tax increasing by 58% to N1.342 billion. Turnover also increased by 14 % to N46.9 billion. more... |
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| MARCH |
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Oando Delivers Solid 2006 Performance
March 30, 2007
Oando plc, the integrated energy solutions provider with operations geographically spread across West Africa, today announced provisional results for the year ended 31 December 2006. Turnover for the year increased by 18% to $1,629 million while Group Profit After Tax (PAT) increased by 50% to $24 million, as a result of increased non fuel revenues and improved operational efficiencies. more... |
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| FEBRUARY |
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Oando Signs Agreements on Agip Operated Block, OPL-282
Feb. 28, 2007
Oando Exploration and Production Limited (OEPL), and its Local Content Vehicle (LCV) partner, Arc Oil and Gas, under the umbrella of Alliance Oil Producing Nigeria Limited, has signed a Joint Operating Agreement (JOA) with Nigerian Agip Oil Company (NAOC) on OPL 282, which was awarded by the Federal Government during the 2005 bid round. more... |
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| JANUARY |
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Wale Tinubu Named Young Global Leader for 2007
Jan. 18, 2007
Mr Jubril Adewale Tinubu has been recognised by the World Economic Forum (WEF), Geneva, Switzerland, as one of the 250 leading executives, public figures, and intellectuals, all 40 or younger, chosen from around the world as Young Global Leaders for 2007. more... |
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| NOVEMBER |
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| OCTOBER |
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Gaslink holds Technical Forum
Oct. 4, 2006
Gaslink, a subsidiary of Oando plc is holding a one day Stakeholder’s Technical Forum with the theme: “Natural Gas-Increasing Productivity Through New Technologies”. The event which will hold on Wednesday, 11th of October, 2006 at the Protea Hotel, Oakwood Park, Lekki-Epe Expressway, Lagos is targeted at more... |
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| SEPTEMBER |
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Oando Energy Services appoints new Business Development Manager
Sep. 26, 2006
In the drive to further strengthen its Management team and to achieve its goal of being Africa’s leading indigenous integrated energy services company, Oando Energy Services has announced the appointment of Olusola Falodun as its Business Development Manager. more... |
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| AUGUST |
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Oando Commences Cooking Gas Supplies from Sokoto Plant
Aug. 31, 2006
As part of its commitment to be the first point of reference in the marketing and distribution of Liquefied Petroleum Gas, (LPG), otherwise known as cooking gas, Oando Plc has commenced distribution of Cooking Gas from its LPG Filling Plant in Gasau, Sokoto State. more... |
Oando Plc- Accounts for the Quarter Ended 30 June 2006
Aug. 09, 2006
The Half year results, which overall show a marked improvement in performance over the same period last year and the first quarter , goes to underline management’s drive to re-engineer the Company by reducing operational costs and at the same time increasing its operational, staff and process efficiency. more... |
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Improved Efficiencies and Contribution of New Businesses Result in a Strong First Half for Oando (in Dollas)
Aug. 08, 2006
Oando plc, the integrated energy solutions provider with operations geographically spread across West Africa, today announced unaudited results for the six months ended 30 June 2006. Turnover increased by 63% to $1,182 million compared to more... |
Oando Signs ERP Contract with Oracle
Aug. 04, 2006
Oando Plc, the leading integrated energy solutions provider has once again taken another step towards enhancing its operations and delivering excellent customer service. The company recently signed a contract for Oracle e-business suite to implement more... |
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| JULY |
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| JUNE |
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| MAY |
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Oando Launches Oleum SL for Premium Cars in Abuja
May 25, 2006
Following the successful launch of Oleum SL in Lagos and Port Harcourt, Oando Plc, Nigeria’s leading integrated energy solutions provider, will launch the product at Wuse Zone 6 Oando Service Station, Wuse Abuja on Thursday May 25th, 2006. more... |
Oando to dominate LPG market - Set to increase market share
May 16, 2006
As part of its commitment to optimal customer satisfaction in 2006, Oando has taken steps to eradicate the perennial scarcity of cooking gas by ensuring continuous availability of the product at its retail outlets all year round. To achieve this goal, Oando has adopted a two-pronged strategy. more... |
OANDO GROWS Q1 PROFITS BY 8%
May 10, 2006
Oando plc, the leading integrated energy solutions provider today announced unaudited results for the first quarter of the 2006 financial year. Turnover for the first quarter of 2006 was N52.8 billion compared to N47.3 billion last year while operating profit increased by 8% to N909 million. The improved performance reflects strong results from all businesses within the Group, specifically Oando’s main downstream Marketing division and Oando Energy Services. more... |
Strong First Quarter Performance For Oando
May 10, 2006
Oando plc, the integrated energy solutions provider with operations geographically spread across West Africa, today announced unaudited results for the first quarter of the 2006 financial year. Turnover increased marginally by 2% to $410 million compared to the same quarter in the prior year while operating profit increased by 22% to $9.5 million. more... |
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| APRIL |
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Oando Plc restructures its Management Team, announces new appointments
April 30, 2006
Oando Energy Services announces the resignation of its Managing Director/CEO, Onajite Okoloko from the company; the resignation will be effective from June 2006. However, Mr. Okoloko will remain on the Board of Directors of Oando Plc. Kamar Bakrin, formerly COO of Oando Marketing, will take over as MD/CEO of Oando Energy Services. more... |
Oando appoints Oba Michael Adedotun Gbadebo as Director
April 21, 2006
At the Oando board of directors meeting held on 10 April 2006, HRH Oba Michael Adedotun Gbadebo the Alake of Egbaland, was appointed as a director of the Company, to fill the casual vacancy created by the death of Alhaji Waziri Mohammed, who died on 22 October 22, 2005. more...
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| MARCH |
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Oando Moves Back to Stallion House
March 30, 2006
Following the positive assessment report on Stallion House which indicates the structural integrity of the building is intact after the recent fire incident of Wednesday, March 8, 2006 which damaged the 11th – 13th floors of the building, Oando Plc has moved back into its corporate Head office. more...
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Oando Launches Oleum SL for Premium Cars
March 2, 2006
In accordance to its superior consumer experience commitment, Oando Plc, Nigeria 's leading integrated energy solutions provider, will launch a new class a premium motor engine oil, Oleum SL. more...
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Oando scores another first with Oleum Car Show - Showcases cars for 2006 and beyond
March 1, 2006
In its usual pioneering manner, Oando Plc, will again make history on March 3 2006 at the Oceanview Restaurant Gardens as its Oleum Car Show debuts more...
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| JANUARY |
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Oando Launches its New Look Awolowo Road Service Station
Jan. 14, 2006
In line with its superior customer service thrust for 2006, Oando , Nigeria 's leading downstream petroleum marketing company. more...
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Oando Launches its New Look Service Station
Jan. 14, 2006
OANDO Partners with Nu-Metro, others to Provide One-Stop Shopping Experience. more...
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