Oando

Jan 04, 2024 by admin in

Oando PLC, with a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange, is Nigeria’s leading indigenous energy solutions provider. With
operations in the full energy spectrum, Oando is committed to harnessing Africa’s vast natural resources, offering wealth creation, growth and investment opportunities in the development of the continent.

Oando conducts its operation in accordance with internationally accepted principles of good governance and best practice, whilst ensuring compliance with the regulatory requirements applicable in the countries in which we operate.

Through its upstream subsidiary, Oando Energy Resources, the company holds interest in 14 licenses for the production, exploration and development of oil and gas assets located onshore, swamp and deep offshore with net 2P reserves of 503MMboe, aimed at optimally harnessing the potential of its existing portfolio.

Oando through its international trading company, Oando Trading, with significant presence and direct access to major energy markets across Africa, ensures that basic commodities are transformed into energy that fuel cars, power homes, industries, and businesses through dependable product supply.

In 2021, Oando Energy Resources launched its renewable energy subsidiary; Oando Clean Energy Limited (OCEL), a proudly indigenous clean energy company investing in climatefriendly and bankable energy solutions across Africa, with a goal to meet the continent’s energy demand by harnessing green and renewable sources.

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