Connect with us

News

Oando to participate as lead sponsor of Africa Oil Week 2023

Published

on

 

Africa’s leading indigenous energy solutions provider, Oando PLC, is set to participate as a lead sponsor at one of the continent’s leading energy conferences, Africa Oil Week, scheduled to be held in Cape Town, South Africa, from October 9.

 

As a thought leader in Africa’s energy sector, Oando will participate in various interviews and plenary sessions, sharing thought-provoking insights on how to propel the continent’s energy sector forward.

 

Themed “Maximising Africa’s Natural Resources in the Global Energy Transition”, the 29th Edition of Africa Oil Week will bring together deal makers, including African governments, international and national oil companies, independents, G&G actors, service providers and investors, to engage in high-level discussions and exchange valuable knowledge on ways to propel the energy sector forward and actualize the continent’s goal of energy efficiency.

 

To be competitive in today’s energy world, Exploration and Production (E&P) companies in Africa must embrace new business models and navigate complex regulatory, operational, and technical realities.

 

As Africa’s upstream landscape evolves, Africa Oil Week will bring two of the continent’s most active E&P players and two of sub-Saharan Africa’s largest oil-producing countries to discuss their approach to developing Africa’s natural resources.

See also  Troops kill 48 terrorists as 974 others surrender

 

 

Themed “The Rise of Africa’s Independents & Indigenous Operators”, Dr. Ainojie Alex Irune, Chief Operating Officer, Oando Energy Resources, will represent the company in an interview with Mansur Mohammed, Head of West Africa Upstream Content at Sub-Saharan Africa Oil & Gas, Wood Mackenzie to share insights on how the company is developing Africa’s natural resources.

 

As leaders in the private sector striving towards achieving a carbon-neutral Africa, Oando will continue to exploit the continent’s clean and renewable energy sources to solve the continent’s energy deficit.

 

To this end, Dr Irune, in his capacity as President & CEO, of Oando Clean Energy (OCEL), will be a panelist in an Energy Leaders Debate, highlighting new perspectives and solutions on the role of renewables in increasing access to modern energy alongside Adonis Pouroulis, Chief Executive Officer & Founder, Chariot; Zaher Ibrahim, Vice President, EMEA, Baker Hughes; and Thabo Molekoa, Chairman and Managing Director, Siemens Energy. Emma Champion, Head of Regional Energy Transitions, Bloomberg NEF will moderate the debate session.

 

 

The panellists will share their views on how Africa can explore innovative solutions for more energy and climate neutrality in the context of affordability and equality, how to fast-track and deliver innovative projects in support of the global energy community as well and how to harmonise national, regional, and continental activities to bring about the desired change for the continent.

See also  Aseyin: Yoruba has lost an illustrious son - Gani Adams

 

Following the adoption of the Petroleum Industry Act in 2021, the Electricity Act in 2023, and the recent removal of its multi-billion dollar gasoline subsidies, Nigeria, Africa’s biggest oil producer, must address its security challenges if it is to achieve its 2 million barrels per day threshold and boost gas supply.

 

As a proudly indigenous Nigerian energy solutions provider, Oando will share insights in a session themed ‘Nigeria – A Renewed Hope for a High Energy Future’. Representing Oando, Akinbambo Ibididapo-Obe will discuss how the Petroleum Industry Act and Electricity Act will create new opportunities for investments across the value chain, the commercial aspirations of Nigerian independents and how they can access capital to expand energy and gas infrastructure, amongst others.

 

Harnessing Africa’s vast natural resources and energy ambitions would be impossible without funding. For buyers wanting to invest in Africa, access to capital (both debt and equity) is proving more challenging.

 

To this end, experts, including Adeola Ogunsemi, Chief Financial Officer, Oando PLC, will speak on the topic, “Financing for African Upstream Deal Flow”.

See also  EFCC arrests ex-gov Obiano at Lagos airport

 

As traditional commercial bank financiers continue to make global announcements about reducing their exposure to oil & gas globally and given that most acquisitions of big packages of African upstream assets will require debt across the line, this session will share insights on navigating the funding challenge.

 

In addition, Oando, represented by, Ms. Ayotola Jagun, Chief Compliance Officer and Company Secretary, Oando PLC, will participate in a plenary session themed “The Energy Industry Value Proposition – Amplification of the ‘S’ in ESG”, moderated by Lame Verre, Board Chair, Lean in Equity and Sustainability.

 

Africa Oil Week provides a collaborative stage to connect, share intelligence on enabling policy for capital and investment, showcase licenses and bid rounds, help move projects forward and inform their long-term business strategy in the African upstream.

 

The event aims to advocate for Africa to develop its oil and gas sector with strong and sustainable carbon management strategies and to facilitate equitable transactions that make a positive global impact and a legacy of socio-economic development across the continent.

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Photos: US to deport 124 Nigerians listed on ‘worst-of-the-worst’ criminal register

Published

on

By

The United States’ Department of Homeland Security (DHS) has announced an updated deportation list featuring 124 Nigerians.

This was disclosed in a statement on the website of the DHS on Wednesday.

According to the DHS, these individuals have been placed on what it described as its “worst-of-the-worst” criminal register.

While the names and photos have been made public, the timeline for deportations remains undisclosed.

However, the US immigration authorities explained that the deportations are part of ongoing immigration enforcement, stressing that those listed were convicted of serious crimes, but declined to provide details about the offences or when deportations would take place.

The statement read, “The U.S. Department of Homeland Security is highlighting the worst of worst criminal aliens arrested by the U.S. Immigration and Customs Enforcement (ICE).

“Under DHS leadership, the hardworking men and women of DHS and ICE are fulfilling President Trump’s promise and carrying out mass deportations – starting with the worst of the worst – including the illegal aliens you see here.”

See also  NNPC Ltd acquires 380 Oando stations, other assets across Nigeria

The website then listed, “Sunday Adediora, Sunday Kunkushi, Mkpouto Etukudoh, Marcus Unigwe, Olaniyi Ojikutu, Boluwaji Akingunsoye, Ejike Asiegbunam, Emmanuel Mayegun Adeola, Bamidele Bolatiwa, Ifeanyi Nwaozomudoh, Aderemi Akefe, Solomon Wilfred, Chibundu Anuebunwa, Joshua Ineh, Usman Momoh, Oluwole Odunowo, Bolarinwa Salau, Oriyomi Aloba.”

Others are Oludayo Adeagbo, Olaniyi Akintuyi, Talatu Dada, Olatunde Oladinni, Jelili Qudus, Abayomi Daramola, Toluwani Adebakin, Olamide Jolayemi, Isaiah Okere, Benji Macaulay, Joseph Ogbara, Olusegun Martins, Kingsley Ariegwe, Olugbenga Abass, Oyewole Balogun, Adeyinka Ademokunla, Christian Ogunghide, Christopher Ojuma, Olamide Adedipe, Patrick Onogwu, Olajide Olateru-Olagbegi and Omotayo Akinto.

“Kenneth Unanka, Jeremiah Ehis, Oluwafemi Orimolade, Ayibatonye Bienzigha, Uche Diuno, Akinwale Adaramaja, Boluwatife Afolabi, Chinonso Ochie, Olayinka A. Jones, Theophilus Anwana, Aishatu Umaru, Henry Idiagbonya, Okechukwu Okoronkwo, Daro Kosin, Sakiru Ambali, Kamaludeen Giwa, Cyril Odogwu, Ifeanyi Echigeme, Kingsley Ibhadore, Suraj Tairu, Peter Equere, Dasola Abdulraheem, Adewale Aladekoba and Akeem Adeleke.

“Bernard Ogie Oretekor, Abiemwense Obanor, Olufemi Olufisayo Olutiola, Chukwuemeka Okorie, Abimbola Esan, Elizabeth Miller, Chima Orji, Adetunji Olofinlade, Abdul Akinsanya, Elizabeth Adeshewo, Dennis Ofuoma, Quazeem Adeyinka, Ifeanyi Okoro, Oluwaseun Kassim, Olumide Bankole Morakinyo, Abraham Ola Osoko, Oluchi Jennifer and Chibuzo Nwaonu.”

See also  FG inaugurates 10-member committee on implementation of Oronsaye report

The latest action is part of the sweeping immigration enforcement measures introduced by the administration of US President Donald Trump after his return to office on January 20, 2025.

On his first day back in office, Trump signed a series of executive orders declaring illegal immigration a national emergency and directing federal agencies to intensify border security and accelerate the removal of undocumented migrants.

One of the orders, titled Protecting the American People Against Invasion, instructed immigration authorities to prioritise the arrest and deportation of removable migrants, particularly those considered threats to public safety and national security.

Defending the policy, the DHS said the administration was delivering on Trump’s campaign promise to carry out mass deportations, beginning with what it described as the “worst of the worst” criminal offenders.

The department said officers of the US Immigration and Customs Enforcement had been directed to intensify operations nationwide against non-citizens convicted of serious crimes.

See also  Oando Boss, Wale Tinubu’s topnotch performance on display as he delivers speech at NOG 2022

White House Press Secretary Karoline Leavitt has also defended the crackdown, saying the administration remained committed to enforcing immigration laws and removing undocumented immigrants with criminal records in line with President Trump’s immigration agenda.

Official US immigration data indicate that Guatemala has recorded the highest number of deportees since the renewed crackdown began, followed by Honduras, Mexico and El Salvador, reflecting the administration’s focus on migrants from Latin America.

The US has also expanded deportation flights to countries across Africa, Asia and the Caribbean as enforcement operations continue.

Nigeria has also come under increased scrutiny by the Trump administration. In June, Washington imposed partial visa restrictions on Nigerian citizens, citing concerns over identity management, information sharing, visa overstay rates and security screening.

Continue Reading

News

Six ISWAP fighters surrender to troops in Borno

Published

on

By

Six suspected fighters of the Islamic State West Africa Province, alongside their family members, have surrendered to troops of the 192 Battalion, Sector 1, Operation Hadin Kai, in Gwoza Local Government Area of Borno State.

The Acting Military Information Officer, Headquarters North-East Joint Task Force, Operation Hadin Kai, Lt. Col. Mohammed Goni, who disclosed this in a statement on Thursday, said preliminary investigations revealed that the group fled from the Guduf Bubayagwa and Chikide terrorist enclaves in the Mandara Mountains of Gwoza LGA.

The statement read, “The Joint Task Force North East, Operation HADIN KAI (OPHK), has continued to sustain its operational momentum across the North-East Theatre, recording another series of significant successes through relentless search-and-rescue operations, intelligence-led missions and coordinated security efforts aimed at denying terrorist groups freedom of action.”

In Askira/Uba Local Government Area, Goni said troops of the 115 Task Force Battalion, on July 7, 2026, while conducting ongoing search-and-rescue operations, successfully rescued two additional abductees from a terrorist hideout.

“During the operation, troops recovered cash totalling One Million, Two Hundred Thousand Naira (N1.2m), suspected to be proceeds of criminal activities, as well as food items and other logistics believed to have supported terrorist operations,” he said.

He added that the rescued victims had been evacuated to a secure location, where they were receiving medical care and psychosocial support.

See also  Oando-NOAC deal followed due process, complied with PIA - NUPRC

“Additionally, six suspected ISWAP terrorists, alongside their families, surrendered to troops of the 192 Battalion (Main), Sector 1, OPHK. Preliminary investigations revealed that the families escaped from the Guduf Bubayagwa and Chikide terrorist enclaves in the Mandara Mountains, Gwoza LGA.

“Items recovered from the terrorists and their families include the cumulative sum of One Million, Five Hundred and Forty-One Thousand, Five Hundred Naira (N1,541,500), two Tecno mobile phones and other items,” he stated.

The army spokesman also said troops apprehended a suspected Boko Haram/ISWAP logistics supplier at the Molai checkpoint while in possession of large quantities of medical supplies without the required clearance.

“The suspect and the items are in custody for further interrogation,” he said.

During the same period, Goni said troops of Operation Hadin Kai deployed at the Forward Operating Base, Logomani, in Ngala Local Government Area of Borno State, under Sector 1, successfully repelled a coordinated attack by ISWAP terrorists.

“Although the insurgents briefly breached a section of the base’s defensive perimeter during the intense firefight, the troops rapidly regrouped, mounted a determined counter-offensive and decisively repelled the attackers, inflicting significant casualties and forcing the surviving terrorists to flee with varying degrees of gunshot wounds.

“Regrettably, one gallant soldier paid the supreme price, while two gun trucks and some combat enablers were damaged during the engagement,” he said.

See also  $65m fraud: Presidency breaks silence, says ex-FMBN boss declared wanted no longer Buhari’s in-law

According to him, the situation at FOB Logomani remains firmly under the control of Operation Hadin Kai troops, with reinforcements deployed, exploitation operations ongoing and additional measures being implemented to strengthen the base’s defensive capability.

In another operation, Goni said troops of the 232 Battalion, acting on credible intelligence, arrested a notorious criminal in Gombi Local Government Area of Adamawa State.

He added that follow-up operations led to the recovery of one AK-47 rifle, two magazines and 28 rounds of 7.62mm special ammunition.

“The suspect and recovered items are currently in military custody, while further investigations are underway to identify and apprehend other members of the criminal network,” he said.

Meanwhile, troops of the 149 Battalion also arrested two suspected terrorist logistics suppliers in Mobbar Local Government Area of Borno State.

Recovered items included cash, a Volkswagen Golf car, construction materials, household items and other supplies suspected to have been destined for terrorist elements.

“The suspects are currently undergoing interrogation, while the recovered items remain in military custody as investigations continue,” he added.

As part of ongoing offensive operations, Goni said troops of the 24 Task Force Brigade, in conjunction with members of the Civilian Joint Task Force, carried out a clearance operation on known terrorist enclaves around Wulgo.

See also  Oando Foundation has provided assistance to more than two million Nigerian children- Wale Tinubu

“During the operation, troops exploited the terrorists’ hasty withdrawal and recovered a sack containing assorted illicit drugs abandoned by the fleeing insurgents,” he said.

He noted that the recovery further demonstrated the sustained pressure being mounted on terrorist groups, disrupting their operations and denying them freedom of movement.

In Sector 2, troops of the 233 Tank Battalion, in conjunction with hunters, intercepted and arrested a suspected Boko Haram/ISWAP logistics supplier from Ngirya village in Tarmuwa Local Government Area with five motorcycle tyres.

“The suspect and the items are in military custody for investigation,” he added.

According to Goni, the latest operational gains underscore the effectiveness of sustained offensive operations, actionable intelligence and collaboration among security agencies and auxiliary forces in dismantling terrorist logistics networks, disrupting criminal activities and protecting vulnerable communities across the North-East.

“Headquarters Operation HADIN KAI assures the public that ongoing search-and-rescue operations will continue with unwavering resolve until every abducted person is accounted for and safely reunited with their families,” he said.

He also warned individuals supplying food, fuel, construction materials, transportation or any other form of logistics to terrorist groups to desist immediately.

“Anyone found aiding, abetting or collaborating with terrorist elements, directly or indirectly, will be identified, apprehended and prosecuted in accordance with the law,” the statement added.

Continue Reading

Trending News

‘He misled me’ — Reps deputy speaker Ben Kalu says he was a victim of fake Presidential Council DG

Published

on

By


The deputy speaker of the house of representatives, Benjamin Kalu, has said that he was a victim of the alleged activities of the purported presidential foreign intervention promotion council (PFIPC).

Kalu spoke on Wednesday during plenary while contributing to a motion seeking a probe of the purported council, which the presidency has disowned.

The motion comes after President Bola Tinubu directed the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate the activities of the PFIPC after reports emerged that it had presented itself as a federal government agency.

Speaking in support of the motion, the deputy speaker recounted how his office granted officials of the purported agency access after receiving what appeared to be an official letter from the presidency.

“I was a victim of this crime,” he said.

“And I’m sure if you watched the news, you saw my picture all over the screen. My picture was made the trend, standing side by side with the purported DG of this organisation.”

See also  Importation of adulterated petrol: OANDO denies owning shares in Maltese company

Kalu said his office received a letter dated May 2, 2025, bearing the presidency’s logo and the names of the disputed council.

He said the letter listed an office address at the federal secretariat complex in Abuja and carried the domain name “pfipc.gov.ng”.

He said the documents appeared credible, prompting his office to verify the address before approving a meeting with the delegation.

“When I saw this, it was a bit confusing for me. Some of the information looked credible, some did not,” he said.

“I sent my team to verify the existence of this organisation at the stated address. They came back confirming that the organisation was there. I then approved the meeting.”

According to the deputy speaker, the group had requested discussions on constitutional amendment, economic governance, legislative priorities and collaboration to attract foreign investment.

However, he said the meeting took an unexpected turn as the visitors focused on taking photographs instead of discussing the issues outlined in their letter.

See also  Turkey-Syria earthquake death toll may reach 20,000 - WHO

“When they came, they did not talk about the constitution amendment or the issues they listed in the letter. They were more about photo taking,” he said.

“I looked at the quality of the men before me and questioned whether they were truly engaged by the president.”

Kalu said the incident showed that official-looking documents and government office addresses could no longer be taken as proof of legitimacy.

He urged the house to investigate how the purported organisation gained access to government facilities, interacted with public officials and allegedly secured a place in the federal budget.

“This goes to show that a beautiful letterhead carrying the presidency is no longer confirmation that an agency is legal,” he said.

“It goes to show that an address at the Federal Secretariat does not mean that a particular agency is legal.

“It is our duty to dig deeper into this matter. I encourage members to support this motion so Nigerians will see that we stand for transparency and accountability in governance.”

See also  FG inaugurates 10-member committee on implementation of Oronsaye report

Continue Reading

Trending News