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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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Pele dies at 82, hails for his contributions to football

Pele

By Akinola Ajibade

Brazil football icon, Edson Aranates do Nascimento, is died at 82. 
He died, yesterday, following a long battle with cancer, a development, which has rendered him incapacitated in the last one year.
Widely known for his great exploits in football, a sport through  which he has won three World Cup for Brazil among other laurels, Pele as fondly called by fans across the world, no doubt, has etched his name in the minds of both old and young lovers of the round leather game.
Nicknamed Pele of Brazil, Nachimento was remembered for his wide-ranging  achievements both in the football field and off.
According to Pele's representatives, his death who announced his demise on the sport social media: inspiration and love marked the journey of King Pele, who peacefully passed away yesterday" 







 

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