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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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SPE Nigeria Unveils Speakers For NAICE 2024



By Favour Ifeoluwa & Akinola Ajibade 

The Society of Petroleum Engineers (SPE) Nigeria Council has announced speakers for the 47th edition of the Nigeria Annual International Conference and Exhibition (NAICE) 2024. 
The event is billed to hold between  August 5th-7th at Eko Le Meridian Hotel Lagos  under 
 the theme "Petroleum Industry Value Chain Optimization: The Inevitability of Midstream and Downstream Development."
The Special Guest of Honour is Royal Majesty, Olowu of Owu and past Chairman of SPE Nigerian Council, Prof. Saka Matemilola. 
Other eminent guests and  speakers,the statement said,  include SPE International President, Terry Palisch, Minister of Energy in Ghana, Hon. Herbert Krapa, Managing Director/ Chief Executive Officer, Seplat Energies, Roger Brown,  MD, SNEPCO, Engr. Elohor Aiboni,  Gbite Falade, MD/CEO, Aradel Holdings; Sanjeev Verma, Vice President, Halliburton; Audrey Joe-Ezigbo, Managing Director, Falcon Corporation; Debo Fagbami, MD, NEDOGAS amongst others.
Ó"Our line-up of speakers for NAICE 2024 truly reflects the pinnacle of expertise and innovation in the petroleum industry. These esteemed leaders and visionaries are set to inspire and challenge us, ensuring that our discussions drive real value chain optimization and transformative progress across the midstream and downstream sectors. Their participation underscores the event's reputation as a hub of ground-breaking ideas and collaborative solutions,"the statement added. 
Similarly, the Chairman of the Society of Petroleum Engineers (SPE) Nigeria Council, Salahudeen Tahir, this said this year programme 
Pwill also feature two pivotal panel sessions. These sessions will explore "Unlocking Upstream Value: Developing Markets, Trade Access, and Facilitating Partnerships in the Midstream and Downstream" and "Energy Security: Exploring the Interplay Between Technology, Market Dynamics, and Organizational Capabilities." Additionally, the Topical Issues Workshop will address "The Outlook of the Nigerian Oil and Gas Industry, Post IOC Divestments and Exits: Challenges and Opportunities," examining the sector's future landscape, Tahir said.
Other highlights of NAICE 2024 include the Young Professionals’ Workshop, The Women Leadership Programme, the Oil Industry Night & Awards Dinner, Family Recreation Activities, and Exhibition
" NAICE 2024 will feature the Young Professionals’ Workshop, focusing on "Market Trends and Economic Outlook in the Downstream and Midstream Sector," to provide emerging professionals with crucial insights and skills. The Women Leadership Programme will address "Equality by Design," promoting gender inclusivity through discussions led by influential female leaders. The Oil Industry Night & Awards Dinner will celebrate excellence and innovation and presentation of awards to outstanding professionals and organizations. 
Attendees can explore cutting-edge technologies at the exhibition, while family programs offer entertainment, ensuring a well-rounded experience for all" the statement added. 
Recall that isSociety of Petroleum Engineers (SPE) Nigeria Council is a premier professional association dedicated to advancing energy resource development and production. 
SPE supports its members through publications, events, training courses, and online resources, fostering excellence and innovation in the industry.

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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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