Oando PLC 2023

Oando PLC: Empowering Energy, Enriching Lives

Oando PLC is a Nigerian indigenous energy solutions provider, whose impact resonates far beyond borders. With a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange, Oando stands as a beacon of progress, committed to unlocking Africa’s abundant natural resources while nurturing prosperity, growth, and investment opportunities that shape the continent’s development.

Oando’s footprint spans the entire energy spectrum, underpinned by its upstream subsidiary, Oando Energy Resources. This powerhouse holds stakes in 14 licenses that encompass the production, exploration, and development of oil and gas assets—ranging from onshore to swamp and deep offshore locations. With net 2P reserves totaling an impressive 474.6 MMboe, Oando’s impact on the energy landscape is profound and enduring.

At the heart of Oando’s reach lies its international trading company, Oando Trading, an entity strong presence and direct access to major energy markets across Africa. Through its transformative efforts, basic commodities are metamorphosed into the energy that fuels vehicles, illuminates homes, drives industries, and propels businesses—a testament to Oando’s role as a catalyst of energy transformation.

A recent chapter in Oando’s journey introduces Oando Clean Energy Limited (OCEL), a subsidiary dedicated to driving renewable energy solutions across Africa. This indigenous clean energy company invests in climate-friendly and bankable energy solutions, marking Oando’s commitment to sustainable and eco-friendly development.

Beyond its remarkable contributions to the energy sector, Oando has embraced a broader purpose—one that touches lives through its Oando Foundation. The foundation’s flagship initiative, Adopt-A-School Initiative (AASI) which has adopted nearly 88 public primary schools, nurturing over 200,000 students, reintegrating more than 61,000 out-of-school children, training over 5,000 teachers, and revitalizing school infrastructure.

Embracing the spirit of environmental stewardship, Oando Foundation, in collaboration with Sumitomo Chemical and the Nigerian Conservation Foundation (NCF), has embarked on the ‘Clean Our World’ (COW) project. This transformative endeavor educates pupils and communities on climate change, sustainable practices, and proper waste management. With tangible impacts reaching over 7,994 children, teachers, and community members.

Oando PLC stands as an embodiment of progress, empowerment, and transformation. As it continues to blaze trails in the energy sector and amplify its contributions to education and the environment.