Oando PLC 2022

Oando PLC, with a primary listing on the Nigeria Stock Exchange and a secondary 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. 

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 474.6 MMboe.

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 fuels cars, powers homes, industries, and businesses.

Most recently, Oando Energy Resources launched its renewable energy subsidiary; Oando Clean Energy Limited (OCEL), an indigenous clean energy company investing in climate-friendly and bankable energy solutions across Africa.

Oando was ranked among the Great Place to Work Nigeria in 2020 as a Platinum Certified Organization and recognition as the 2nd Best Place to Work in Nigeria (Mid-size category). Oando was also awarded the Best in Quality-of-Life Practice Award and Excellence in the Delivery of Corporate Social Responsibility.

Oando founded an independent charity, Oando Foundation in 2011, with a primary focus on driving a sustainable basic educational system for the Nigerian child through its  Adopt-A-School Initiative (AASI). Today, the Foundation has adopted ~ 88 public primary schools across Nigeria, supporting over 200,000 students, enrolled over 61,000 out-of-school children, trained 5,000+ teachers, infrastructure rehabilitation of adopted schools and established over 45 digital learning centres. 

More recently, the Foundation in collaboration with Sumitomo Chemical initiated a project to promote environmental education and sustainable action for pupils in target schools and host communities in Lagos State with support from the Nigerian Conservation Foundation (NCF) as the implementing partner. The project tagged ‘Clean Our World’ (COW) which commenced in 2020, has directedly impacted 7994+ children, teachers, government representatives and community members with the knowledge of climate change, sustainable environmental practices and proper waste management approaches and upcycling; trained 121 teachers; recycled 384Kg of plastic waste and proceeds from plastic buyback used to support beneficiary schools, improving teaching, and learning delivery amongst others.