American Samoa aradel energy limited
Aradel Holdings Plc Announces the Acquisition of Olo and Olo
Lagos, Nigeria – 22 August 2024 – Aradel Holdings Plc ("Aradel Holdings" or "the Company"), through its subsidiary, Aradel Energy Limited, has signed a sale and purchase agreement to acquire the 100% interest in the Olo and Olo West Marginal Fields from TotalEnergies EP Nigeria and NNPC Limited ("the Acquisition").
ARADEL HOLDINGS PLC ACQUIRES STAKE IN SHELL PETROLEUM
Aradel Holdings Plc ("Aradel Holdings", or "the Company"), Nigeria''s leading integrated indigenous energy Company, listed on the NASD Exchange and the FMDQ, is pleased to announce its acquisition through Aradel Energy Limited ("Aradel") of an equity interest in Shell Petroleum Development Company (SPDC) Limited, Nigeria.
Lokpobiri Visits Aradel''s Ogbele Facility – Energy Focus Report
Senator Heineken Lokpobiri and Mr. Adegbite Falade during a visit of the Ogbele facility. Senator Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), visited the Ogbele Facility in PML 14, Rivers State, which is 100% owned and operated by Aradel Energy Ltd, a fully owned subsidiary of Aradel Holdings Plc.
Aradel Acquires $19.5m Marginal Oil Fields from NNPC
PressReader. Catalog; For You; THISDAY. Aradel Acquires $19.5m Marginal Oil Fields from NNPC, TotalEnergies 2024-08-30 - Peter Uzoho . Aradel Holdings Plc has through its subsidiary, Aradel Energy Limited, signed a sale and purchase agreement to acquire the 100 per cent interest in the Olo and Olo West marginal fields from TotalEnergies EP Nigeria
Aradel Seals Acquisition Of TotalEnergies and NNPC Oilfield Assets
Aradel Holdings Plc, through its subsidiary, Aradel Energy Limited, has signed a sale and purchase agreement to acquire the 100% interest in the Olo and Olo West Marginal Fields from TotalEnergies EP Nigeria and NNPC Limited ("the Acquisition"). The Olo and Olo West Fields were formerly part of OML 58.
Nigerians go to court and want $310m from Shell
In January, Shell reached a divestment agreement worth $1.3bn, with an additional $1.1bn in potential payments linked to receivables and cash balances. The deal involves Renaissance, a group consisting of ND Western,
Aradel Holdings Plc. Participates In The Nigerian Exchange Limited
Lagos, Nigeria – 26 September 2023 – Aradel Holdings Plc ("Aradel", "Aradel Holdings", "the Company" or "the Group"), Nigeria''s foremost integrated indigenous energy Company, (with its shares traded on the NASD OTC Exchange and its bonds listed on the FMDQ Exchange, was at the London Stock Exchange as one of a few companies participating in the
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Aradel Holdings Plc, through its upstream subsidiary, Aradel Energy (formerly Niger Delta Petroleum Resources "NDPR"), has invested heavily in infrastructure to harness the full potential of the Ogbele asset. The Ogbele Gas Processing Plant was built by Aradel Energy to enable the Company develop and monetise
Aradel Holdings Plc Acquires Stake in SPDC
Aradel Holdings Plc ("Aradel Holdings", or "the Company"), Nigeria''s leading integrated indigenous energy Company, listed on the NASD Exchange and the FMDQ, is pleased to announce its acquisition through Aradel Energy Limited ("Aradel") of an equity interest in Shell Petroleum Development Company (SPDC) Limited, Nigeria.
Aradel Holdings Plc Reports Revenues of ₦268.3 billion as at H1
Aradel Energy (100%) is a wholly owned subsidiary of Aradel Holdings, as well as the Operator of the Ogbele Joint Venture. Aradel Gas Limited (100%), a wholly owned subsidiary established to pursue investment opportunities in the gas sector. Aradel Investments Limited (100%), also a wholly owned subsidiary established to pursue NDEP''s
Local energy firm acquires NNPC, TotalEnergies oil field for $19.5
Aradel Holdings Plc, an indigenous energy company, has entered a purchase agreement through its subsidiary, Aradel Energy Limited, to acquire a 100% interest in the Olo and Olo West marginal fields from TotalEnergies EP Nigeria and the Nigerian National Petroleum Company Limited (NNPC) for $19.5 million. The company made this disclosure in a statement
Aradel
Aradel Holdings, formerly Niger Delta Exploration & Production, is an integrated energy company headquartered in Lagos.The company has interests in oil and gas, power, and renewable assets and operates in the upstream, midstream and downstream. The company was established as an indigenous, publicly owned oil company so that the Nigerian people could have the opportunity
Nigeria: Aradel Holdings Acquires $19.5M Olo, Olo West Marginal
Nigerian integrated energy company Aradel Holdings has signed a sale and purchase agreement with global energy companies TotalEnergies and the Nigerian National Petroleum Company to acquire a 100% interest in the Olo and Olo West marginal fields, onshore Nigeria.. The acquisition was completed through Aradel Holdings subsidiary, Aradel Energy
Aradel Acquires $19.5m Marginal Oil Fields from
Aradel Holdings Plc, through its subsidiary Aradel Energy Limited, has signed a sale and purchase agreement to acquire 100% ownership of the Olo and Olo West marginal fields from TotalEnergies EP Nigeria Limited
Aradel Holdings acquires NNPC, TotalEnergies oil field for $19.5
Aradel Holdings Plc, an indigenous energy company, has entered a purchase agreement through its subsidiary, Aradel Energy Limited, to acquire a 100% interest in the Olo and Olo West marginal fields from TotalEnergies EP Nigeria and the Nigerian National Petroleum Company Limited (NNPC) for $19.5 million.
Aradel acquires NNPC, TotalEnergies'' oil fields for $19.5m
Aradel Holdings Plc, an indigenous energy company, has entered a purchase agreement through its subsidiary, Aradel Energy Limited, to acquire a 100% interest in the Olo and Olo West marginal fields from
Aradel Holdings Plc. Affirms Commitment to Host
to have rebranded to Aradel means they are growing and as the Monarch of Ekpeye ethnic nation, I am standing here to assure them that Ekpeye is solidly behind them." As a parent company, Aradel consists of subsidiaries that includes Aradel Energy Limited (formerly known as Niger Delta Petroleum Resources – NDPR), Aradel Gas Limited
Aradel Joins Consortium Seeking Shell''s Acquisition
"Aradel Energy Limited, a subsidiary of Aradel Holdings, is among the five companies in this consortium," the company said. The decline highlights early volatility surrounding Aradel Holdings, an integrated energy company, which had listed 4.34 billion shares on the NGX Main Board via a "Listing by Introduction" on October 14, 2024.
Aradel Holdings Plc Receives Best Fully Integrated Energy
At the 7th edition of the Nigerian International Energy Summit (NIES 2024) energy industry awards, Aradel Holdings Plc won the Best Fully Integrated Energy Company of the Year Award. Aradel Holdings Plc Set for Listing by Introduction on Nigerian Exchange Limited October 14, 2024;
ARADEL, two others join Dangote refinery to refine
There are strong indications that the 11,000 barrels per day capacity Aradel refinery in Rivers State; 20,000-capacity Clairgold refinery in Delta State; and 12,000-capacity Azikel in Bayelsa are set to join the $20bn
International Non-Deal Roadshow In London
Aradel Holdings Plc. Participates In The Nigerian Exchange Limited International Non-Deal Roadshow In London Notes to Editors Aradel Holdings Plc (formerly known as Niger Delta Exploration & Production Plc), "Aradel" or "the Company" is the foremost fully, integrated energy Company in Nigeria with interests in multiple oil and gas assets.
Aradel Holdings Plc Set for Listing by Introduction on Nigerian
Aradel Holdings Plc ("Aradel" or "the Company"), Nigeria''s leading integrated energy company, is pleased to announce that it has received all regulatory approval to list its ordinary shares on the Main Board of Nigerian Exchange Limited ("NGX" or "the Exchange") by way of a Listing by Introduction on Monday, October 14, 2024.
Aradel Energy Ltd Acquires TotalEnergies, NNPCL Marginal Field
Yemisi Izuora. Aradel Energy Limited, has stepped up asset purchases to boost its production portfolio in Nigeria''s marginal field space. Aradel Holdings Plc was excited to announce that its subsidiary, Aradel Energy Limited, has inked a sale and purchase agreement to acquire the 100 per cent interest in the Olo and Olo West marginal fields from TotalEnergies
Our Business
Aradel Energy. A wholly owned subsidiary established to explore and harness opportunities in the energy industry, underscoring Aradel Holdings'' commitment to attaining energy independence in Nigeria. It is the operator of Ogbele and Omerelu marginal fields (onshore), as well as OPL 227 (shallow water).
Aradel Holdings to list on Nigeria''s stock exchange
LAGOS, October 16, 2024 – Nigerian integrated energy company Aradel Holdings will list 4.34 billion shares on the Nigerian Exchange Limited, the company announced on Monday. The company received regulatory approval
Our Story
Aradel Holdings Plc is a fully integrated energy Group, with interests in multiple oil and gas assets, and its business spanning the upstream, midstream and downstream value chain of the oil and gas industry. We take a long-term view
5 FAQs about [American Samoa aradel energy limited]
Why is aradel a publicly owned oil company?
The company was established as an indigenous, publicly owned oil company so that the Nigerian people could have the opportunity to invest in and benefit from the nation’s oil and gas sector. Aradel is divided into four businesses:
How many employees does aradel holdings have?
Years of experience: More than 30 Number of employees: More than 225 Aradel Holdings, formerly Niger Delta Exploration & Production, is an integrated energy company headquartered in Lagos. The company has interests in oil and gas, power, and renewable assets and operates in the upstream, midstream and downstream.
How will aradel contribute to Africa's energy transition?
Aradel will continue to expand in the oil and gas sector and develop new verticals to develop Nigeria and contribute to the energy transition in Africa. Aradel Holdings, formerly Niger Delta Exploration & Production, is an integrated energy company headquartered in Lagos.
What is aradel's strategy?
Aradel is divided into four businesses: Aradel’s strategy is to be a resilient and efficient company through diversification, adaptation to the changing dynamics of the industry and diverse operational setups. With this strategy, the company aims to become the leading African company, delivering value and sustainable energy solutions.
Does aradel supply gas to NLNG?
Aradel Holdings is the only non-NLNG partner to supply gas to NLNG. Attained over 16 million manhours with zero Lost Time Incident (LTI) and earned the ISO 14001:2015 Edition certification. Aradel Holdings attained its 30-year anniversary of its incorporation.
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