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Oando Acquires Oil Block In Angola

Oando Plc  Favour Ifeoluwa & Akinola Ajibade  Oando Plc  says it has completed and won the bid for the operatorship of oil block KON 13 in Angola. The firm which recently acquired Eni of Italy’s oil assets in Nigeria, said that the award of the oil block located in Angola’s onshore Kwanza Basin followed a competitive bidding process by the country’s oil and gas sector regulator. It further said hat the asset in which it owns 45 per cent participating interest, has estimated prospective resources of 770 to 1,100 million barrels of oil. Oando is handling its operations relating to the asset through its upstream subsidiary, Oando Energy Resources (OER). “Oando Plc,  Africa’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange is pleased to announce that its upstream subsidiary, Oando Energy Resources (OER), has been awarded operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin, following a...
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Accugas wins Energy Best Practice Award

L-R: Savannah Energy's  Head of Human Resources,  Yetunde Onabule, CIPM's Registrar/ Chief Executive, Oluwatoyin Naiwo, and Senior HR Partner, Patience Emmanuel- Onyegu at the event.


Accugas Limited, a company, in which Savannah Energy Plc indirectly owned 80 per cent stakes in,  has won the Human Resources ( HR) Best Practice Award for the Energy, Oil and Gas Sector.

The firm, a subsidiary of Savannah Energy, won the award during the 54th International Conference and Exhibitions of the Chartered Institute of Personnel Management ( CIPM) in Port Harcourt, Rivers state. 

Savannah Energy is the British independent energy focused company, with interest to keenly explore its potentials in the industry for growth.

 In a statement made available to News Mirror, by the company, CIPM is described as  the apex regulatory organisation for the practice of HR in Nigeria.  

The statement listed other CIPM’s statutory mandate  to include determination of knowledge and skills to be attained by people seeking to become HR professionals, raising those standards from time to time, and enabling effective and impactful people management and organisational development in the associated areas.   

Speaking on the issue, Savannah Energy Nigeria's  Head of Human Resources,  Yetunde Onabule, said:

"We would like to thank the Chartered Institute of Personnel Management of Nigeria for this prestigious award in recognition of our efforts to promote excellence in HR at Savannah Energy. Our people are our most important asset, and we consistently invest in developing our talent and to make Savannah the best place to work in Nigeria.”

Recall that the HR Best Practice Awards were established, by CIPM,  in 2012 to promote excellence in people management and organisational development. The company's goals among others include celebration of  professionals who strive to implement best-in-class HR practices in their organisations. 

The International Conference and Exhibitions is the largest gathering of HR professionals in Africa. The 2022 event was attended by over 3000 practitioners from across the continent.


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