Aradel Holdings Plc, Reports Revenues of ₦377.6 Billion as at Nine (9) Months 2024, Up 206.9%; Declares ₦8.00 Per Share Interim Dividend, Up 433.3% Nigeria''s leading integrated indigenous energy Company, announces its unaudited Nine (9) months results for the period ended 30 September 2024. The Chief ARADEL HOLDINGS PLC ACQUIRES
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 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''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.
1 天前· Aradel Holdings Plc, a company listed on the Nigerian Exchange Limited, says the Minister of Petroleum Resources has given his blessing for acquisition of The Shell Petroleum Development Company (SPDC) by Renaissance Africa Energy Limited. Aradel, in a notice to the NGX, signed by the Adegbite Falade, its Managing Director/Chief Executive
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, 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.
1 天前· Aradel Energy Limited (100%), a wholly owned subsidiary of Aradel Holdings, as well as the Operator of the Ogbele (PML 14), Omerelu (PPL 247), Olo and Olo West Marginal Fields. Established to explore and harness opportunities in the energy industry. Aradel Gas Limited (100%), the only Nigerian independent Non-JV Gas Supplier to Bonny LNG
Aradel Holdings has announced plans to acquire a 5.14% stake in Chappal Energies Mauritius Limited, a company investing in high-value and established upstream energy projects across Africa. This announcement comes nearly two months after Aradel''s public listing on the Nigerian Exchange (NGX) at N702.69 per share, following over a decade on
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
Lagos, Nigeria – 30 October 2024: Aradel Holdings Plc ("Aradel", "Aradel Holdings", or "the Group"), Nigeria''s leading integrated indigenous energy Company, listed on the NGX, announces an interim dividend of ₦8.00 per ordinary share (subject to appropriate WHT) to be paid to shareholders whose names appear in the Register of members as at the close of business on
Aradel Holdings Plc Wins NGX Award for 2024 Listing of the Year (Equity) By was a major step towards achieving its vision of providing energy solutions that foster economic growth. ARADEL HOLDINGS PLC ACQUIRES MINORITY EQUITY STAKE IN CHAPPAL ENERGIES MAURITIUS LIMITED December 11, 2024; Aradel Holdings Plc Wins NGX Award
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
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
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ARADEL HOLDINGS PLC ACQUIRES MINORITY EQUITY STAKE IN CHAPPAL ENERGIES MAURITIUS LIMITED Aradel Holdings Plc ("Aradel" or the Company) has entered into an agreement to acquire 5.14% equity interest in Chappal Energies Mauritius Limited ("Chappal"). Chappal is an energy company focusing on investments in deep value and
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.
01. Drilling Equipment: Drilling Machinery, Mud Equipment and Accessories 02. Drilling Equipment: Surface Production, Well test/Monitoring equipment and Accessories 03. Drilling Equipment: Derricks and other Pipe Handling Equipment and Accessories 04. Drilling Equipment: Casing, Tubing, Liner, Connectors and Accessories (OCTG) 05. Drilling Equipment:
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 Dangote refinery in Lagos to refine petrol for Nigeria.. The Nigerian National Petroleum Company Limited is to begin the supply of crude oil in naira
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 to energy provision and the global energy transition. With a solid footing in the delivery of gas, the
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
2 天之前· Nigeria approved a $1.3 billion deal that would see a group of local companies buy Shell Plc''s onshore assets in Africa''s biggest crude producer.. Petroleum Resources Minister
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).
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.
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.
