Lagos — Oando Plc has listed N48.7 billion worth of shares on the daily official list of the Nigerian Stock Exchange (NSE). In an issuer’s announcement with the NSE, Oando said: “A total of 2,949,933,156 ordinary shares of 50 kobo each at N16.50 per share belonging to Oando Plc were admitted to trading on 4th […]
Tag: Oil & Gas
Seven Energy bags award, assures better deal in oil sector
AN indigenous oil and gas development, production and gas distribution company, Seven Energy International Limited, has emerged winner of the Indigenous Firm of the Year Award, conferred by the Petroleum Africa magazine. The award is given in recognition of Africa’s indigenous oil and gas companies for their investment and involvement in upstream, midstream and downstream […]
Capex investment by Oil & Gas explorers in Africa to be hit by price fall
Oil & Gas explorers need to rethink their capex on exploration activity in Africa in the light of the drop in the global oil price: PwC analysis According to PwC’s ‘Fit for $50 oil in Africa’ analysis, Africa has seen substantial successes in the exploration for hydrocarbons over the last decade Oil & gas explorers […]