ARADEL HOLDINGS PLC PROPOSES ₦8 INTERIM
Aradel Holdings Plc ("Aradel Holdings" or "the Company") is Nigeria''s foremost integrated independent energy company, delivering critical energy solutions in a sustainable and responsible way. Aradel Holdings was incorporated on March 25, 1992 (as the Midas Drilling Fund), changed its name to Niger Delta Exploration and Production Plc in
Aradel Holdings Plc Set for Listing by Introduction on Nigerian
LAGOS, NIGERIA | 14 October 2024: 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 Holdings: Fueling the future of sustainable energy
Over the years, Aradel Holdings has diversified its investment portfolio to ensure its long-term strength and relevance. In 2012, the Group achieved a significant milestone by becoming the first private organization to operate a refinery in Nigeria, obtaining a refinery License to Operate (LTO) from the Ministry of Petroleum Resources.
Aradel Acquires $19.5m Marginal Oil Fields from
Aradel''s Operational Structure. Aradel operates through several subsidiaries. For instance, Aradel Energy Limited (100%) acts as the operator of the Ogbele and Omerelu Fields, while Aradel Gas Limited (100%) focuses on
Aradel Holdings Hails Ministerial Approval Of SPDC Acquisition
1 天前· Aradel Holdings Plc (Aradel), a company listed on the Nigerian Exchange Limited, has announced a major milestone in the energy sector. According to the company in a notice to the
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
Aradel Buys NNPC, TotalEnergies'' Marginal Oil Fields for $19.5m
By Adedapo Adesanya 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 Limited and the Nigerian National Petroleum Company (NNPC) Limited. Aradel said in a
Aradel Holdings Debuts on Nigerian Exchange Limited
Aradel''s transition to the NGX aligns with its founders'' vision to democratize investment in Nigeria''s oil and gas sector, allowing more ordinary Nigerians to benefit from the industry''s growth. The listing further strengthens Aradel''s position as a leading publicly listed energy firm on Nigeria''s primary stock exchange.
Aradel Acquires Marginal Oil Fields from NNPC, TotalEnergies
Aradel Acquires Marginal Oil Fields from NNPC, TotalEnergies for $19.5 Mln. 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 Limited and the Nigerian National Petroleum Company Limited
Aradel Energy Ltd Acquires TotalEnergies, NNPCL Marginal
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
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
Careers
• Aradel does not endorse or partner with recruitment agencies or individuals who claim to provide guaranteed job placements or expedited recruitment processes. • If you encounter any suspicious activity or have doubts about the authenticity of a job posting or communication claiming to be from Aradel, please report it immediately to our
Aradel Acquires $19.5m Marginal Oil Fields from NNPC,
The group also has Aradel Investments Limited (100 per cent), also a wholly owned subsidiary established to hold and manage the group''s non-oil and gas assets; Aradel Refineries Limited (95 per cent), an independent operating midstream entity, underscoring its commitment to attaining energy independence in Nigeria. Peter Uzoho. Follow us on:
ARADEL HOLDINGS PLC ACQUIRES STAKE IN SHELL
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 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 ₦101.2 billion as at Q1
PRESS RELEASE. Regulated Information . Aradel Holdings Plc Reports Revenues of ₦101.2 billion as at Q1 2024, up 442.3% Lagos, Nigeria – 16 May 2024 – Aradel Holdings Plc ("Aradel", "Aradel Holdings", "the Company" or "the Group"), Nigeria''s leading integrated indigenous energy Company, announces its unaudited results for the period ended
Aradel Holdings Plc Reports Revenues of ₦101.2
PRESS RELEASE. Regulated Information . Aradel Holdings Plc Reports Revenues of ₦101.2 billion as at Q1 2024, up 442.3% Lagos, Nigeria – 16 May 2024 – Aradel Holdings Plc ("Aradel", "Aradel Holdings", "the Company"
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.
Aradel Holdings Plc Set for Listing by Introduction on
LAGOS, NIGERIA | 14 October 2024: 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
Our Operations
As an integrated Energy Company, we offer a comprehensive portfolio of energy solutions, delivering reliable and sustainable fuel sources while driving innovation across the entire value chain. (AMT) made up of personnel from both NNPC and ND Western Limited in which Aradel is a significant Shareholder. OML 34 is located in the Western
Aradel Holdings Plc Announces the Acquisition of Olo and
Aradel Energy Limited (100%), a wholly owned subsidiary of Aradel Holdings, as well as the Operator of the Ogbele and Omerelu Fields. 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 hold
Aradel listing creates Nigeria''s most valuable oil
Aradel Holdings, part of the consortium acquiring Shell Petroleum Development Company of Nigeria (SPDC), has become the country''s most valuable oil company after its listing on the country''s stock exchange.
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 to list its ordinary shares through listing by way of introduction, allowing the company''s current shareholders to publicly list and sell their stocks.
Aradel Energy Acquires TotalEnergies, NNPC Assets To Boost
Aradel Energy Limited has stepped up asset purchases by acquiring 100 per cent interest in the Olo and Olo West marginal fields from TotalEnergies EP Nigeria Limited and the Nigerian National
Aradel Acquires $19.5m Marginal Oil Fields from
Aradel''s Operational Structure. Aradel operates through several subsidiaries. For instance, Aradel Energy Limited (100%) acts as the operator of the Ogbele and Omerelu Fields, while Aradel Gas Limited (100%) focuses on gas sector investments. Additionally, Aradel Investments Limited (100%) manages the group''s non-oil and gas assets.
Aradel Holdings Plc Set for Listing by Introduction on
Aradel Holdings Plc Set for Listing by Introduction on Nigerian Exchange Limited underscoring Aradel''s ''s commitment to attaining Energy Independence in Nigeria. ND Western Limited (41.67%) with four limited liability companies (being Aradel Energy, Petrolin, First Exploration & Petroleum Development Company, and
Fully Integrated Energy Company with Significant Growth
ARADEL ENERGY Holdings Factsheet ARADEL GAS RD EL RF IN S ARADEL INVESTMENTS completed of a 2022/2023 four-well drilling campaign of continuous production 74.5 18years Revenue Western Limited) in OML 34. The first 1,000bbls/day AGO topping plant was commissioned in 2010. As of today, the 3-train 11,000bbls/d modular refinery produces
Aradel Energy Seals $16M Acquisition Of Olo And Olo West
Aradel Holdings Plc, an indigenous energy company, has announced the successful acquisition of a 100 percent interest in the Olo and Olo West marginal fields, located in the Eastern Niger Delta, through its subsidiary, Aradel Energy Limited. The deal, which was completed in collaboration with TotalEnergies EP Nigeria and the Nigerian National Petroleum
6 FAQs about [Andorra aradel energy limited]
What subsidiaries does aradel holdings have?
Under the umbrella of Aradel Holdings, are the following subsidiaries: Aradel Energy Limited, Aradel Gas Limited, and Aradel Investments Limited (formerly known as Niger Delta Petroleum Resources Limited, ND Gas Development Company Limited, and NDEP Investments Limited, respectively).
Is aradel a Nigerian Oil & Gas Company?
The listing by introduction on 14 October is the first from Nigeria ’s oil and gas sector in more than a decade. Aradel’s stock market valuation stood at N3.35trn ($2bn) as of 16 October, surpassing local listed producers Seplat Energy and Oando.
How does aradel holdings invest in gas?
Additionally, Aradel Holdings through its subsidiary, Aradel Gas Limited, has invested heavily in gas through its Gas Processing Plant. The Plant has enabled the Company to develop and monetise its abundant gas resources in the Ogbele Field, through gas supply to domestic and export markets.
Is aradel Nigeria's most valuable oil company?
Aradel Holdings, part of the consortium acquiring Shell Petroleum Development Company of Nigeria (SPDC), has become the country’s most valuable oil company after its listing on the country’s stock exchange. The listing by introduction on 14 October is the first from Nigeria ’s oil and gas sector in more than a decade.
Will aradel be Nigeria's first non-NLNG shareholder?
Aradel has also started supplying feedstock to the country’s largest gas exporter Nigeria LNG (NLNG), becoming the first non-NLNG shareholder to do so. The listing will provide an avenue for more Nigerians to invest in upstream and downstream oil and gas operations, says Abdullah Bukar, a director at Frontier Oil.
When did aradel get its first oil?
The company achieved its first oil from the field in May 2024. Aradel has also started supplying feedstock to the country’s largest gas exporter Nigeria LNG (NLNG), becoming the first non-NLNG shareholder to do so.