Oando

OANDO PLC is one of Africa’s largest integrated energy solutions providers with a proud heritage. It has a primary listing on the Nigerian Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.

It all started in 1956 when ESSO commenced business operations in Nigeria as a petroluem marketing company.1976 saw The government of Nigeria buying ESSO and renaming it UNIPETROL.By 1991 UNIPETROL went public with 60% of the shares going to investors.1994 saw Ocean And Oil Holdings being founded to supply and trade petroluem products in Nigeria and worldwide.In 2002,Ocean and Oil Holdings acquired 60% shares of AGIP NIGERIA PLC and by 2003 UNIPETROL NIGERIA PLC merged with AGIP NIGERIA PLC to give birth to OANDO.

Over the years, Oando Plc has made a significant impact in the oil and gas industry especially in the downstream sector and has grown from one entity to seven that are now leaders in their different markets namely Oando Marketing,Oando Supply and Trading,Oando Gas and Power,Oando Energy Services,Oando Exploration and Production and Oando Terminalling.

Oando now sells and distributes one in every five litres of petroleum in Nigeria via over 500 retail outlets, and has operations across West Africa – Ghana, Togo, and the Republic of Benin. In a bid to improve the overall efficiency of the industry and to lower product cost for the consumer, Oando is poised to construct the largest products terminal in sub-Saharan Africa in the Lekki free zone and an offshore sub-marine pipeline delivery system in Apapa.

Oando is regarded as Africa’s largest independent and privately-owned oil trading company involved in the large scale export and import of a broad range of refined petroleum products and crude oil throughout Africa, Europe, Asia and the Americas, with a track record of 100% delivery on its supply contracts.

Oando Gas & Power is a pioneer in fields of private sector pipeline network construction and the distribution of natural gas to industrial and commercial consumers. With 100km of pipeline already built in Lagos and another 128km in progress in Akwa Ibom/Cross River States. The Company is building sub-Saharan Africa’s largest gas pipeline network. With its foray into power business, the company is poised to contribute several captive power plants to the Nigerian and sub- regional markets.

Oando is also Nigeria’s foremost indigenous oilfield services company providing products and services to major upstream companies operating in Nigeria. As the largest swamp rig fleet operator, Oando Energy Services has been a natural partner to national and multinational oil companies
The company is also a leader in exploration and production with 11 oil and gas assets, It is the first indigenous company with a participating interest in a deep offshore oil producing asset.
A Greenfield Refinery development in Lagos completes the imprints of OANDO across the energy value chain in Nigeria.

The head office is located at 2, Ajose Adeogun Street, Victoria Island Lagos.