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1994
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Ocean and Oil Limited was founded to supply and trade petroleum products in Nigeria. |
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2000
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Ocean and Oil Holdings acquires 30% controlling stake in Unipetrol, a West African downstream Oil & Gas company, through the purchase of the Nigerian government's stake in the company. |
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2001
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Ocean & Oil holdings increases its stake in Unipetrol to 42%. |
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2002 |
Unipetrol acquires a 60% stake in Agip Nigeria. |
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2003 |
Unipetrol Plc and Agip Nigeria merged to create the 2nd largest downstream oil & gas company in Nigeria with 15.64% market share. |
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2004 |
Unipetrol Plc re-branded as "Oando Plc". |
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Oando Supply & Trading incorporated as a JV between Oando Plc & and Ocean & Oil Services to consolidate and continue the Group's trading operations with Nigeria. |
