The growth was primarily driven by the acquisition of an additional 20 per cent stake in the NAOC JV in fourth quarter 2024, partially offset by production disruptions due to shut-in wells ...

This growth was primarily driven by the acquisition of an additional 20% stake in the NAOC JV in Q4, partially offset by production disruptions due to shut-in wells resulting from sabotage activities.

The Group Chief Executive of Oando Plc, Wale Tinubu, attributed the performance to the company’s strategic expansion, particularly its acquisition of a 20 per cent additional stake in NAOC ...

The company said the growth was primarily driven by the “acquisition of an additional 20 percent stake in the Nigerian Agip Oil Company (NAOC) JV in Q4, partially offset by production ...