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EXPLORATION & PRODUCTIONBuilding a portfolio of oil & gas properties in NigeriaOur audacious steps in the upstream sector were boosted with the acquisition of oil/gas oilfields by Oando Exploration and Production Limited during the oil bloc bidding rounds. Oando is the operator of two oil blocks – OPL 278 and OPL 236. The company is also a Nigerian Content Partner with AGIP Oil on OPL 282 and has a 45% interest in a marginal field, OML 56. These fields are in different stages of development and will significantly increase Nigeria’s oil and gas reserves. We are also currently actively seeking investments in near-term production opportunities.
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