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Oando PLC
Company type
Public
Traded as
NGX: OANDO JSE: OAO
Industry
Oil and Gas
Founded
1956 (ESSO)
Headquarters
Victoria Island, Lagos, Lagos State, Nigeria.
Area served
West Africa
Key people
Adewale Tinubu (chief executive) Omamofe Boyo (DGCE) Ainojie Alex Irune(GED
Products
Crude oil
Natural gas NGL
Revenue
₦ 418.2M (2019-Q3)
Net income
₦ 13.2 Billion (2019-Q3)
Number of employees
300
Subsidiaries
Oando Energy Resources Oando Trading
Website
www.oandoplc.com
Oando Plc is a Nigerian multinational energy company operating in the upstream, midstream and downstream.[1]
In July 2016, Oando entered into a tri-partite agreement with the Vitol Group, an independent trader of energy commodities and Helios Investment Partner, an Africa-focused private investment firm to form OVH (formerly known as Oando Downstream).[2]
In September 2016, Oando announced the execution of a definitive agreement with a vehicle owned by funds advised by Helios Investment Partners LLP ("Helios"), a premier Africa-focused private investment firm, to acquire 49% of the voting rights in Oando's midstream business subsidiary, Oando Gas and Power Limited.
Oando is Nigeria's indigenous oil and gas company with a production output of 43,000 barrels (6,800 cubic metres) per day of oil equivalent, enterprise value of N520 billion and market capitalisation value of N115.1 billion.
^"Oando sells shares in downstream sector for N54.9b". Retrieved 5 August 2018.
^"Oando sells majority stake in downstream business to Vitol". Financial Times. 4 July 2016. Retrieved 5 August 2018.
Oando Plc is a Nigerian multinational energy company operating in the upstream, midstream and downstream. In July 2016, Oando entered into a tri-partite...
Nigerian business executive and lawyer, who is the group chief executive of Oando PLC. He began his career in 1990 as an attorney, specialising in corporate...
is a major shareholder in Oando Plc where he had a conflict with the firm's management that led to the suspension of Oando's trading on both the Lagos...
launched a partnership with Oando, a petroleum company, that has begun locating Tastee Fried Chicken restaurants inside Oando's service stations. As part...
Axxela (formerly Oando Gas & Power Limited), is a natural gas value chain company that processes natural gas, transmission & distribution as well as power...
Heritage Foundation. Retrieved 2020-05-03. "Oando appoints Oba Michael Adedotun Gbadebo as Director". Oando. April 21, 2006. Retrieved 2010-09-08. [dead...
Operating Officer of Oando Energy Resources, an Exploration and Production company in the Nigerian energy sector (an upstream subsidiary of Oando) and an executive...
Nigeria. As an advocate for education, Boyo was on the advisory board of Oando Foundation, which has founded schools across Nigeria to create a sustainable...
Lagos". TravelWaka. Retrieved 30 June 2023. Izuaka, Mary (24 May 2023). "Oando, LAMATA launch electric mass transit buses in Lagos". Premium Times Nigeria...
Services Strategic Business & Corporate Services Units: NNPC acquired Oando's OVH Energy in September 2022 and took over its 380 filling stations. NNPC...
equivalent to about 1.6 million barrels of crude oil. "Premium Motor Spirit". Oando PLC. Archived from the original on 17 February 2017. Udonwa, N. E.; Uko...
Services, Columbia University, Merrill Lynch Inc, Morgan Stanley and Oando Plc. In Oando Plc, he served as the Chief Information Officer and Group Head IT...
services Broadcasting & entertainment Abuja 1977 State-owned television Oando Oil & gas Exploration & production Lagos 1956 Petrochemical and energy ROCAD...
the Chairman of Ocean and Oil Services Ltd. Magoro became Chairman of the Oando group in 2000, a petroleum marketing company created through privatization...
Symbol Company Notes External link OAO Oando plc Nigeria based; oil, natural gas, refining, energy oandoplc.com OAS Oasis Crescent Property Fund Sharia-principled...
community participation. Okoloko was a founding member of the Ocean and Oil (Oando) Group alongside Adewale Tinubu, Omamofe Boyo and Osaze Osifo. In 1994,...
blew up the Nembe 01, 02, and 03 crude oil pipelines, operated by Eni, Oando, and Royal Dutch Shell. The 3 major pipelines supplied the Bonny Export...
Public Administration and Management (CAPAM), a Director in Zenith PLC and Oando PLC until her Ministerial Appointment. On 16 June 2008, she was appointed...
now well-established players in the Niger Delta, including Seplat Energy, Oando (Owned by Adewale Tinubu), Amni International, Conoil, First E&P, ND Western...
Logistics National Nigeria Babcock University Education National Nigeria Oando Petrol/Gas Stations National Nigeria SPAR Park 'n' Shop Supermarkets National...
Banking, and Oil/Gas. He started with the Zenith Bank Plc in 2000 and then Oando Plc being the sales manager in Adamawa, Jalingo, Benue, Kano, Jigawa. He...
2017". British Journal of Photography. 2017-11-22. Retrieved 2020-09-06. "Oando Promotes Socio-Economic Diversification Through Support Of Creative Industry"...
fuel of the future in Nigeria. OSL have been working in partnership with Oando, Nigeria's largest Oil company, for the last five years. Uti Kronakegha...
Global Information
₦ 418.2M (2019-Q3)