Oando Plc

Type: Company
Name: Oando Plc
First reported 6 hours ago - Updated 6 hours ago - 1 reports

Driver who lost limbs in fire needs helping hand

, Muhammad Ibrahim lost both limbs in a petrol fire accident in the course of duty as a tanker driver. But almost a year later, he’s been left in the cold with a family to fend for.Muhammad Ibrahim had both hands amputated at the Ahmadu Bello University ... [Published Weekly Trust - 6 hours ago]
First reported Aug 22 2014 - Updated 14 hours ago - 3 reports

CSR: Why Oando Beams Searchlight On Auto Mechanics

Lubricant Research & Development Manager, Mohammed Dahiru showing a blended lube to the distributors during a tour of the Lubricant Blendig Plant at the Lubes Distributors Award in Lago sWale Tinubu, Oando CEORiding on its Oleum range of lubricants, Oando ... [Published This Day Online - 14 hours ago]
First reported Aug 22 2014 - Updated 19 hours ago - 2 reports

ConocoPhillips Acquisition Fuels $117.5m Loss For Oando

VENTURES AFRICA – Nigeria's emerging oil giant Oando Energy Resources has reported a $177.5 million loss in the first half of 2014 ended June 30 which it attributed to a host of factors including the acquisition of ConocoPhillips Nigerian assets.Other ... [Published 4 Traders - 19 hours ago]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

Oando Energy Resources Reduces Debt by US$98 Million Through Conversion of Oando Plc Loan to Equity

Forward Looking Statements:This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", ... [Published Indianapolis Business Journal - Aug 21 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

Oando converts $98-million (U.S.) loan into units

© 2014 Canjex Publishing Ltd. All rights reserved. "Stockwatch" is a registered trademark of Canjex Publishing Ltd. Terms of Use, Privacy Policy ... [Published Stockwatch - Aug 21 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

NSE Market Capitalisation Decline By N7bn

— Aug 21, 2014 |Equity transaction on the Nigerian Stock Exchange (NSE) on yesterday closed on a downward note as market capitalisation dipped by N7 billion.The market capitalisation at the end of the day’s trading recorded N13.799 trillion from N13.806 ... [Published Leadership - Aug 21 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

OANDO : OES Integrity Achieves 5 Years Without Lost Time Injury

Oando Energy Services Limited ("OESL"), an Oando PLC subsidiary and Nigeria's leading indigenous operator of swamp drilling rigs services has successfully achieved five years of continuous operations without Lost Time Injury (LTI) on its flagship rig, ... [Published 4 Traders - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Oando initiates training programme for auto mechanics

OANDO Marketing Plc, is investing significantly in training and empowering over five thousand auto-mechanics over three to five year period starting this year.The initiative, which flagged off in grand style in Ikeja, Lagos, at the weekend, witnessed ... [Published The Guardian Nigeria - Aug 20 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Oando Energy Resource reports $177.5 million loss

Oando Energy Resources Incorporated, a subsidiary of Oando Plc, has released its financial and operational results for the six month period ended 30 June 2014.The company reports an increase in production from existing assets from 687 757 barrels, for ... [Published BizNis Africa - Aug 19 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 2 reports

CSR: Oando moves to rev up customers’ confidence on mechanics

Some auto mechanics in Nigeria have become an albatross. This is why many car owners are always in search of well trained auto repairers who understand their job.According to Kunle Shonaike, CEO of Automedics, an auto training school, “many of the mechanics ... [Published Business Day Nigeria - Aug 19 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Tinubu - in Oando, We Are Pursuing Aggressive Upstream Plan

Group Managing Director/Chief Executive, Oando Plc, Mr Wale Tinubu, in this interview with Festus Akanbi, spoke on the company's acquisition of Conocophillips Nigerian operations, the value to the company's stakeholders and other industry issuesThere ... [Published AllAfrica.com - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 3 reports

Equities Market Sheds N402 Billion As Profit-Taking Halts Rally

After rebounding the previous week, the Nigerian equities market shed N402 billon last week following four days of losses that was driven by profit-taking activity by some investors. Petroleum marketing companies stocks were majorly at the receiving end ... [Published TVNewsCheck - Aug 18 2014]

Quotes

The company blamed the dip solely on the non-recognition of $13.0 million in revenues related to excessive lifting by the NNPC at OML 125. "The average net sales price of $76.18 /bbl for the six months ended June 30, 2014 declined by 20.3 percent from $95.64 /bbl in the comparative period… If the unrecognised revenues of $13.0 million related to excessive NNPC lifting at OML 125 was recognized, the net average sales price per barrel would be $91.25 for the six months ended June 30, 2014 " the company's statement read
Oando PLC's Chief Environmental Health Safety Security and Quality Officer, Mr. Chjioke Akwukwuma also praised the achievement saying: "The 'OES Integrity' crew has worked for 1,823 days without any disruption to operations resulting from personnel injury - this is a significant and laudable feat in the history of OESL.  It is further proof of our dedication to building an enduring safety culture and adherence to best practices.  We will continue to integrate safety processes in our day-to-day business operations across all our locations and where possible improve on these processes so that we consistently surpass past achievements"
...with an increasing number of banks able to raise their USD funding, she said more foreign exchange-denominated issuance is still anticipated. "Moreover, the cap on Tier 2 capital will mean - potentially - more equity capital raising, encouraging more long-term, 'stickier' inflows" she explained
"We think the worst is over and we expect that this positive momentum will continue next week when profit taking reduces drastically and investors might seek to capitalise on undervalued stocks particularly the banking stocks, "said a trader."

More Content

All (202) | News (178) | Reports (0) | Blogs (11) | Audio/Video (0) | Fact Sheets (2) | Press Releases (11)
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Driver who lost limbs in fire needs helping hand [Published Weekly Trust - 6 hours ago]
CSR: Why Oando Beams Searchlight On Auto Mechanics [Published This Day Online - 14 hours ago]
ConocoPhillips Acquisition Fuels $117.5m Loss F... [Published 4 Traders - 19 hours ago]
Transformation unfolds for oil futures trader [Published Business Day Nigeria - 23 hours ago]
Oando Energy Resources reduces debt by US$98 mi... [Published OilVoice - Aug 22 2014]
Oando Energy Resources reduces debt by US$98 mi... [Published Oil Earth - Aug 22 2014]
Oando posts 20% increase in oil production H1 ... [Published Business Day Nigeria - Aug 22 2014]
Oando Energy Resources Reduces Debt by US$98 Mi... [Published Indianapolis Business Journal - Aug 21 2014]
Oando Energy Resources Reduces Debt by US$98 Mi... [Published Financial Services - Aug 21 2014]
Oando converts $98-million (U.S.) loan into units [Published Stockwatch - Aug 21 2014]
NSE Market Capitalisation Decline By N7bn [Published Leadership - Aug 21 2014]
NSE’s market capitalisation depreciates by N8b [Published The Guardian Nigeria - Aug 21 2014]
Nigeria's ALSI loses momentum despite gains by ... [Published CNBC Africa - Aug 20 2014]
OANDO : OES Integrity Achieves 5 Years Without ... [Published 4 Traders - Aug 20 2014]
Oando initiates training programme for auto mec... [Published The Guardian Nigeria - Aug 20 2014]
Bulls Regain Market Control on Bargain Hunting [Published This Day Online - Aug 20 2014]
Oando Energy Resource reports $177.5 million loss [Published BizNis Africa - Aug 19 2014]
CSR: Oando moves to rev up customers’ confidenc... [Published Business Day Nigeria - Aug 19 2014]
Oil and Gas sector stabilises market … leads ot... [Published Hallmark News - Aug 19 2014]
Market stumbles further on large-cap stocks losses [Published Business Day Nigeria - Aug 19 2014]
Glut Forces Marketers to Sell Petrol Below Ex-D... [Published This Day Online - Aug 19 2014]
40 law firms for ESQ  Nigerian  Legal Awards [Published The Guardian Nigeria - Aug 19 2014]
Energy ministers, operators for NAEC confab Thu... [Published The Nation Nigeria - Aug 19 2014]
OANDO to train 1000 auto technicians [Published Nigerian Tribune - Aug 19 2014]
Profit taking continues, as NSE Index drops 0.02% [Published Nigeria Daily Independent - Aug 19 2014]
OANDO : Energy Resources Announces Second Quart... [Published 4 Traders - Aug 18 2014]
Capital Market Recovery Sustainable, Say Operators [Published AllAfrica.com - Aug 18 2014]
Tinubu - in Oando, We Are Pursuing Aggressive U... [Published AllAfrica.com - Aug 18 2014]
Equities Market Sheds N402 Billion As Profit-Ta... [Published TVNewsCheck - Aug 18 2014]
Equities Market Sheds N402 Billion As Profit-Ta... [Published AllAfrica.com - Aug 18 2014]
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Blogs

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Oando Energy Resources Announces Second Quarter... [Published PR Newswire: Financial Services - Aug 15 2014]
CALGARY, Alberta, August 15, 2014 /PRNewswire/ --Oando Energy Resources Inc. ("OER" or the "Company") (TSX:OER), a company focused on oil and gas exploration and production in Nigeria, today announced financial and operating results for the six month ...
ConocoPhillips Completes Sale of Nigeria Business [Published EON Energy - Jul 30 2014]
HOUSTON--(EON: Enhanced Online News)--ConocoPhillips (NYSE: COP) today announced it has completed the transaction with Oando Energy Resources (OER), a subsidiary of Oando PLC, for the sale of its Nigeria upstream business for a total sales price, after ...
ConocoPhillips Completes Sale of Nigeria Business [Published Business Wire Photo/Multimedia News - Jul 30 2014]
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced it has completed the transaction with Oando Energy Resources (OER), a subsidiary of Oando PLC, for the sale of its Nigeria upstream business for a total sales price, after customary ...
ConocoPhillips Completes Sale of Nigeria Business [Published Business Wire Energy News - Jul 30 2014]
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced it has completed the transaction with Oando Energy Resources (OER), a subsidiary of Oando PLC, for the sale of its Nigeria upstream business for a total sales price, after customary ...
ConocoPhillips Completes Sale of Nigeria Business [Published Business Wire News with Multimedia - Jul 30 2014]
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced it has completed the transaction with Oando Energy Resources (OER), a subsidiary of Oando PLC, for the sale of its Nigeria upstream business for a total sales price, after customary ...
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Press Releases

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Oando Energy Resources Reduces Debt by US$98 Mi... [Published Financial Services - Aug 21 2014]
Oando Energy Resources Completes Landmark Acqui... [Published Financial Services - Jul 30 2014]
Oando Energy Announces Nigerian Government Appr... [Published Financial Services - Jun 18 2014]
Oando Energy Resources Executes Extension of Av... [Published Financial Services - Jun 09 2014]
Oando Energy Resources announces first quarter ... [Published Financial Services - May 16 2014]
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