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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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Sahara Launches Initiatives To Enhance Media Coverage

By Favour Ifeoluwa & Akinola Ajibade


Leading energy and infrastructure conglomerate, Sahara Group, has announced the inaugural edition of Asharami Square , with a view to advance reportage of issues related to sustainablilty through impactful media advocacy.

The inaugural session is scheduled for Monday, June 24, 2024, featuring an interactive panel discussion in Ikeja, Lagos, Nigeria, a statement said on Wednesday.

According to Bethel Obioma, Head, Corporate Communications at Sahara Group, the initiative aimed at supporting media organisations and journalists covering these issues through capacity building programs.

“This would help journalists achieve a clearer understanding of the issues and empower the media to play the critical role of monitoring, agenda-setting, transparent reporting, awareness creation and galvanising collective action from the public on how best to approach the subject-matter of sustainability,” Obioma said.

Themed ‘Carbon Footprint and the African Narrative’, Asharami Square will feature speakers from the energy and media sector.

Participants are drawn from different segments of the media, including students from Mass Communications departments.

Obioma said the thought leadership platform will provide an “opportunity to encourage deeper knowledge of the media, especially in Africa, on issues such as energy transition, transition fuels, environmental stewardship, governance, carbon storage, capture, and usage, among others.”

Ejiro Gray, Director, Governance and Sustainability, Sahara Group said Africa’s media institutions would benefit immensely from similar platforms.

She said: “As sustainability issues gain prominence, media coverage helps to educate stakeholders, which can in turn influence corporate behaviour and policymaking. Asharami Square is a targeted platform to shape these conversations on key industry issues, especially for the benefit of the media which serves as the last-mile-component in the value chain of keeping the public abreast of unfolding developments.”

Speakers at the maiden edition of Asharami Square include: Bethel Obioma; Ejiro Gray; Foluso Sobanjo, Head, Downstream Africa, Sahara Group; Wole Ajeigbe, Group Projects Manager, Asharami Energy (A Sahara Group Upstream Company); Mokhtar Bounour, CEO Egbin Power Plc; Ogochukwu Onyelucheya, Chief Commercial Officer, Ikeja Electric; Prof. Sunday Adebisi, Professor of Entrepreneurship Hub & Strategic Management, University of Lagos; ChiChi Aniagolu-Okoye, Regional Director, West Africa, Ford Foundation; Eugene O. Itua, CEO Natural Eco Capital; and Dr. Marcel Mbamalu, CEO Newstide Publications Limited.

 

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