Aradel energy limited Slovenia

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:

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).

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.

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.

What makes aradel a good company?

At Aradel, we believe that a robust and effective corporate governance approach ensures that the Company continually works to provide leadership and direction, set strategy as well as oversee its implementation to create sustainable value.

Does aradel Holdings own ND Western?

Aradel Holdings also holds a significant equity stake in ND Western, a consortium that acquired a 45% Participating Interest in OML 34 in 2012, and 95% equity in Aradel Refineries (formerly ND Refineries Limited), an independent midstream entity.