Oando PLC (JSE:OAO)
Oando PLC is one of Africa’s leading energy solutions providers with a proud heritage.
The Oando Group comprises two companies each of which is a leader in its market:
Oando Trading is a supply and trading company and a fully-owned subsidiary of Oando PLC, one of Africa’s largest integrated energy solutions providers. Oando Trading is a key participant in international oil markets, with a significant presence in the West African region, and direct access to major energy markets across Africa via its offices in the United Arab Emirates, South Africa and Nigeria.
Oando Trading is a leading supplier of petroleum products in Nigeria, and its key trading commodities include petrochemicals, industrial & liquefied natural gas, refined oil products and crude oil.
In the past year, the company exported over 15 million barrels of crude and traded over 800,000 metric tonnes of refined products.
Fortified by a strong balance sheet, local and international expertise and vast global partnerships, Oando Trading is focused on enhancing market performance and maximising value through dependable products supply, commodity trading, risk management and a thorough internal compliance framework.
Oando Energy Resources
Oando Energy Resources has a portfolio of oil and gas assets in Nigeria and Sao Tome & Principe. The company holds interests in 14 licences for exploration, development, and production of oil and gas concessions.
The company's portfolio of assets is at varying stages of its upstream operations – exploration, development and production. The company’s strategic focus is on the acquisition of near term assets.
Oando plc has a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. The group operates shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP).