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Aradel energy limited Saudi Arabia

Aradel Buys NNPC, TotalEnergies'' Marginal Oil Fields

By Adedapo Adesanya 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

Aradel Holdings Debuts on Nigerian Exchange Limited

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.

Aradel Holdings Plc. Participates In The Nigerian Exchange Limited

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

Aradel Holdings Plc Set for Listing by Introduction on Nigerian

LAGOS, NIGERIA | 14 October 2024: 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 Holdings acquires NNPC, TotalEnergies oil field for $19.5

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.

Aradel Grows Profit by 169% to $88.8m, Declares Interim Dividend

Aradel Holdings Plc grew profit after tax by more than 169% to $88.825 million, according to details from the company''s unaudited financial statement released. Saudi Arabia Deepen Ties on Iron Ore Extraction December 9 2024; Naira Slides to N1538/$ Despite Exporters FX Boost December 9, 2024; Africa Requires $200bn Yearly for Energy

Aradel Holdings Plc Announces the Acquisition of Olo and

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

Our Business

Aradel Energy. A wholly owned subsidiary established to explore and harness opportunities in the energy industry, underscoring Aradel Holdings'' commitment to attaining energy independence in Nigeria. It is the operator of Ogbele and Omerelu marginal fields (onshore), as well as OPL 227 (shallow water).

BDO Saudi Arabia, Dr. Mohamed Al-Amri & Co.''s Post

Asyad Holding Group from Saudi Arabia has purchased a controlling stake of 77.42% in Shell Pakistan This consortium, comprised of ND Western Limited, Aradel Energy Limited, the Petrolin Group

Aradel Seals Acquisition Of TotalEnergies and NNPC Oilfield Assets

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.

Aradel

Aradel Holdings, formerly Niger Delta Exploration & Production, is an integrated energy company headquartered in Lagos.The company has interests in oil and gas, power, and renewable assets and operates in the upstream, midstream and downstream. The company was established as an indigenous, publicly owned oil company so that the Nigerian people could have the opportunity

Aradel Assures Shareholders Better Dividends for 2024

By Adedapo Adesanya Aradel Holdings Plc has promised its shareholders higher dividends as it quelled worries about interim dividend payments in the Nigerian equity market. The payment of interim dividends has

Niger Delta Exploration & Production PLC Unveils New Brand

Identity, Becomes Aradel Holdings celebrates 30th anniversary of its incorporation Lagos, Nigeria [4th August 2023] – Niger Delta Exploration & Production Plc (NDEP), a fully integrated energy company with interests in multiple oil and gas assets, has recently announced its rebranding as Aradel Holdings to better reflect its long-term

Full Year 2023 Trading Update

Lagos, Nigeria – 06 February 2024 – Aradel Holdings Plc, ("Aradel", "Aradel Holdings", "the Company", or "the Group"), Nigeria''s leading integrated indigenous energy Company, is providing shareholders with an update on the trading of the Company for the year ended 31 December 2023. This acquisition is premised on the

China Energy International Group Company Limited

As the representative of China Energy International Group Company Limited in Saudi Arabia, it fulfills business development, project performance supervision, risk management, overseas security, and social responsibility. It leads and

Aradel Holdings Plc Receives Best Fully Integrated Energy

At the 7th edition of the Nigerian International Energy Summit (NIES 2024) energy industry awards, Aradel Holdings Plc won the Best Fully Integrated Energy Company of the Year Award. Aradel Holdings Plc Set for Listing by Introduction on Nigerian Exchange Limited October 14, 2024;

Aradel Holdings Plc Reports Revenues of ₦101.2 billion as at Q1

PRESS RELEASE. Regulated Information . Aradel Holdings Plc Reports Revenues of ₦101.2 billion as at Q1 2024, up 442.3% Lagos, Nigeria – 16 May 2024 – Aradel Holdings Plc ("Aradel", "Aradel Holdings", "the Company" or "the Group"), Nigeria''s leading integrated indigenous energy Company, announces its unaudited results for the period ended

ARADEL HOLDINGS PLC PROPOSES ₦8 INTERIM DIVIDEND PER

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

Our Operations

Our Story

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

Aradel Holdings Plc Announces the Acquisition of Olo and Olo

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 Marginal Fields from TotalEnergies EP Nigeria and NNPC Limited ("the Acquisition").

Our Operations

As an integrated Energy Company, we offer a comprehensive portfolio of energy solutions, delivering reliable and sustainable fuel sources while driving innovation across the entire value chain. (AMT) made up of personnel from both NNPC and ND Western Limited in which Aradel is a significant Shareholder. OML 34 is located in the Western

SDN, Water & Energy Co, Ltd

SDN, Co. was founded as a member of Al-Mousa Group which has been in the water field over 40 years, that was added value and distinguished. Hence we started the struggle and success works, we have done a lot of achievements in water works, wells, sewage, electricity networks, control systems, and we covered a different areas in Saudi kingdom Today, we have the enough

Shell to exit Nigeria''s onshore oil after nearly a century

Renaissance comprises ND Western, Aradel Energy, First E&P, Waltersmith, all local oil exploration and production companies, and Petrolin, a Swiss-based trading and investment company. Shell''s SPDC Limited operates and has a 30% stake in the SPDC joint venture that holds 18 onshore and shallow water mining leases. SPDC will remain the operator.

Aradel energy limited Saudi Arabia [PDF]

6 FAQs about [Aradel energy limited Saudi Arabia]

How will aradel contribute to Africa's energy transition?

Aradel will continue to expand in the oil and gas sector and develop new verticals to develop Nigeria and contribute to the energy transition in Africa. Aradel Holdings, formerly Niger Delta Exploration & Production, is an integrated energy company headquartered in Lagos.

Why is aradel a publicly owned oil company?

The company was established as an indigenous, publicly owned oil company so that the Nigerian people could have the opportunity to invest in and benefit from the nation’s oil and gas sector. Aradel is divided into four businesses:

How does aradel holdings invest in gas?

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.

What subsidiaries does aradel holdings have?

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).

Does aradel supply gas to NLNG?

Aradel Holdings is the only non-NLNG partner to supply gas to NLNG. Attained over 16 million manhours with zero Lost Time Incident (LTI) and earned the ISO 14001:2015 Edition certification. Aradel Holdings attained its 30-year anniversary of its incorporation.

What is aradel's strategy?

Aradel is divided into four businesses: Aradel’s strategy is to be a resilient and efficient company through diversification, adaptation to the changing dynamics of the industry and diverse operational setups. With this strategy, the company aims to become the leading African company, delivering value and sustainable energy solutions.

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