NAOC, an affiliate of Italian corporation, Eni has made significant gas and condensates discovery onshore in the Niger Delta through its joint venture with NNPC and Oando.
The Chief Operating Officer, Dr. Ainojie Alex Irune and General Manager, Commercial, Akinbambo Ibidapo-Obe, of Oando Energy Resources (OER), the upstream subsidiary of Oando PLC recently paid a courtesy visit to the Prime Minister of Sao Tome and Principe (STP), Jorge Bom Jesus, and the Minister of Infrastructure, Natural Resources and Environment, Osvaldo Abreu.
The Company in accordance with Section 249 of the Companies and Allied Matters Act, Cap 20, Law of the Federation of Nigeria 2004 and Article 88 of the Company’s Articles of Association has appointed Dr. Ainojie Alex Irune as an Executive Director of the Company effective August 9, 2019.
Oando PLC has announced its financial results for the six months ended June 30, 2019 with a profit-after-tax (PAT) of N7.2 billion.
The oil, gas, and mining extractive industries have historically been male-dominated at all levels, from leadership roles in major corporations to jobs working in mines and on oil rigs. For example, in the 500 largest mining companies, women make up just five percent of boards of directors while the energy sector remains one of the least gender diverse sectors in the economy, with sparse female representation in technical and field roles.
A Federal High Court sitting in Lagos, has granted the Group Chief Executive Officer of Oando Plc, Mr. Wale Tinubu and his deputy, Mr. Omamofe Boyo, leave to file a motion for a judicial review of the sanctions the Securities and Exchange Commission (SEC) imposed on them.
Capital market operators on Wednesday called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commission (SEC) and Oando Plc.
It is no gain saying the fact that adopting and operating in accordance with high standards of corporate governance is essential for a company’s sustainable long-term growth, performance and value creation.
A Federal High Court sitting in Lagos on Monday restrained the Securities and Exchange Commission (SEC), from taking over the operations of Oando oil Plc. Also, the trial court in its injunction order barred SEC from appointing an interim management to run the affairs of Oando pending the determination of the motion on notice brought […]
Alleged Infractions: SEC Takes Over Oando Plc Operations