Through inspirational leadership we have continued to grow our business
by adding new product lines
-
Work commenced on the Energy Quadrant Project (EQ Project) an initiative to develop systems that use gas for the generation of electric energy as an alternative to diesel. Our Don’t Flare it. USE IT! initiative is part of the EQ Project aimed at promoting the increased domestic and industrial use of gas as a source of cleaner and renewable energy. -
We have continued work on the construction of the Apapa Single Mooring Point (ASPM) jetty berthing platform which will address problems of congestion, bottleneck and environmental hazards experienced due to increasing numbers of petroleum tank depots at the existing Apapa Major Oil Marketers Association of Nigeria (MOMAN) Jetty in Lagos. -
We have succeeded in maintaining a voluntary attrition rate of 9% across the Group and we continue to work towards ensuring that key knowledge is retained within the business through effective succession planning and leadership development programmes.
Oando Energy Resources
Memorandum of understanding (MOU) signed with each community that sets out the expectations
and responsibilities of the Company and the community. We currently have signed MOUs with
the communities in oil mining lease (OML) 13, 56 and 90.
The CTFB at OML 56 reviewed projects worth more than
$1.8m
Infrastructure projects concluded in 2013 include the construction of a 2.8km asphalt road for Ebendo, a water borehole project for Umusadege and electrification projects for Isumpe, Umusam and Umusadege communities.
We held several
Town
Hall
sessions during the year.
Matters discussed included employment opportunities, community development projects and economic empowerment initiatives.
OER representatives attended the
NOG
Conference
that took place in February 2013 giving us the opportunity to engage with government agencies and our competitors and to contribute to the energy sector debates and strategies.
Oando Energy Services
Our infrastructure projects have provided employment and training of indigenes within
host communities, providing a positive impact on the economic future of those communities.
We introduced a
Client
Interface
system at our operations in Elekahia and Abuloma which allows clients to communicate directly with us as needed
During the year OES held a
Customer
Interactive
session at the offices of the Nigeria Agip Oil Company (NAOC) where NAOC communicated their future strategic direction.
We hosted
3
trade shows
in 2013.
Oando Gas and Power
During periods of project expansion, we increase the frequency of communication
and engagement with our government contacts.
During the year, we conducted an
Environmental Impact Assessment
study for the gas distribution pipeline expansion project in Lagos which involved extensive engagement with the Ministry of Environment including site visits, meetings and stakeholder workshops.
We successfully commissioned
Second Independent Power Plant
that commenced operations in September 2013 and provides electric power to the Lagos State Government Secretariat and other government facilities in the Alausa area of Lagos.
Oando Downstream
Our downstream operations delivered positive financial results with a turnover of over N221 billion
In 2013, the OMP team
Community
Meetings
with the youth in Marine Beach, Apapa Lagos and the vehicle inspection officers arm of the PTD.
There was a
Stakeholder
Meeting
held with the Elekahia Youth Council to resolve staff re-alignment.
Our aviation turbine kerosene
(ATK)
Sales
grew by over 40% largely assisted by our business expansion into Ghana.