KEY POINTS Oando, the Nigerian junior oil and gas company, has officially become the operator of Angola’s KON 13 Block, taking a 45% participating interest. The announcement was made by …
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Oando
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In the NewsMarketsOil & Gas
Oando Signals Delay in 2025 Audited Financial Results Over Post-Acquisition Systems Integration
KEY POINTS Oando Plc has announced that it may be unable to publish its audited financial statements for the 2025 financial year by the March 31, 2026 regulatory deadline due …
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KEY POINTS Oando Energy Resources has reaffirmed its support for Nigeria’s indigenous oil producers as local firms continue to take on a greater role in the country’s upstream sector. The …
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KEY POINTS Oando Energy Resources has reaffirmed its commitment to Nigeria’s indigenous upstream oil and gas sector, following a strategic visit by Adegbite Falade, Chairman of the Independent Petroleum Producers …
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KEY POINTS Residents of Omoku in Rivers State will now pay for electricity after Oando Energy Resources Nigeria Limited formally ended decades of free power supply inherited from the Nigerian …
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KEY POINTS After reversing billions of naira in previous asset impairments, Oando Plc managed to turn a small profit in the first half of 2025, concealing severe operational losses and …
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Oil & Gas
Nigeria’s Top Indigenous Oil Firms Post Strongest Output Gains in Years Despite Price Slump
KEY POINTS The largest domestic oil producers in Nigeria have made a remarkable production resurgence, posting some of their highest output figures in years despite declining world prices. In the …
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In the News
Oando Foundation Launches Green Skills Programme to Tackle Youth Joblessness, Climate Risks
KEY POINTS Oando Foundation has launched a new initiative aimed at addressing youth unemployment and accelerating climate action in Nigeria through practical upskilling. The Green Youth Upskilling Programme (GYUP), unveiled …