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Oando refutes Volpi’s claim on London arbitration ruling

Oando Plc has said it is not true that the London Court of International Arbitration, LCIA,  ordered its  Group Chief Executive, Mr Adewale Tinubu, and Deputy Group Chief Executive, Mr.  Omamofe Boyo, to pay  $680 million to Gabriel Volpi, the owner of Ansbury Investment Incorporated.
The post Oando refutes Volpi’s claim on London arbitration ruling appeared first on Vanguard News. …

Oando Plc, NAOC, Shell, others partner with NNPC to harness Nigeria’s gas reserves

Oando PLC, Nigeria Agip Oil Company, NAOC, Shell Petroleum Development Company, SPDC, other indigenous and international oil companies in partnership with the Nigerian National Petroleum Corporation, NNPC, has signed an agreement to implement Gas Projects worth $3.7 billion.
The post Oando Plc, NAOC, Shell, others partner with NNPC to harness Nigeria’s gas reserves appeared first on Vanguard News. …

Oando, Shell, Agip sign $3.7b gas supply contract with NNPC

Oando, Shell, Agip sign $3.7b gas supply contract with NNPC

Oando Plc, Nigeria Agip Oil Company (NAOC), Shell Petroleum Development Company (SPDC), other indigenous and international oil companies in partnership with the Nigerian National Petroleum Corporation (NNPC) have signed agreement to implement gas projects worth $3.7 billion. The gas projects tagged ‘Seven Critical Gas Development Projects (7CGDP)’ is set to bridge the gas supply shortfallRead More
The post Oando, Shell, Agip sign $3.7b gas supply contract with NNPC appeared first on The Nation Nigeria. …

Shareholders demand forensic audit report on Oando

Shareholders demand forensic audit report on Oando

’Femi Asu Shareholders under the aegis of Proactive Shareholders Association of Nigeria have called for the release of the forensic audit report on Oando Plc. The National Coordinator of PROSAN, Mr. Taiwo Oderinde, in a statement on Sunday, accused the Minister of Finance, Kemi Adeosun, and the Acting Director-General, Securities and Exchange Commission, Mary Uduk, […] …

Oando, Aramco CEOs discuss oil future at OPEC confab

Oando, Aramco CEOs discuss oil future at OPEC confab

The Group Chief Executive of Nigeria’s indigenous integrated oil firm, Oando PLC,  Wale Tinubu, will join the CEO of Saudi Aramco, Amin Nasser and other international oil majors to deliberate on the future of oil. A statement by Oando PLC, said Tinubu will join other CEOs in reinforcing the growth and strength of oil independentsRead More
The post Oando, Aramco CEOs discuss oil future at OPEC confab appeared first on The Nation Nigeria. …

Oando posts N4.2bn profit in Q1 2018

Oando posts N4.2bn profit in Q1 2018

Oando Plc has announced N4.2 billion profit-after-tax (PAT) for the first quarter of 2018 (Q1’18), which represents 145 percent increase over N1.7 billion recorded in Q1’17.
The post Oando posts N4.2bn profit in Q1 2018 appeared first on Vanguard News. …

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