Aradel Holdings PLC (Nigeria)

The Company is engaged in the exploration for, and development and production of oil and natural gas.
Our Mission :
To be the foremost energy company delivering maximum value to all stakeholders through resource development, operational excellence, capital discipline and innovation.
Our Vision :
To be the leading African company delivering sustainable energy solutions that support economic growth.
History :
1992 : The Company was incorporated on 25 March 1992.
2000 : Negotiated the first ever farm-out agreement with the NNPC/Chevron JV for a Marginal Oil Field in Nigeria.
2002 : Established Nigeria's first Host Community Development Trust.
2010 : Commissioned the first mini refinery at the Ogbele Field (with name plate capacity of 1,000 bbls/d).
2012 : Commissioned the Ogbele Gas Processing Plant (the first by an indigenous company, and with a name plate capacity of 100MMscf/d).
Led a consortium of companies to acquire the 45 equity interests divested by Shell Petroleum Development Company, Total, and Nigeria Agip Oil Company in OML 34.
2013 : Executed an MOU to establish a Strategic Partnership with the South Sudan State National Oil Company.
2015 : The Ogbele Gas Project won the 2015 Global Gas Flare Reduction Excellence Award issued by the Global Gas Flare Reduction (GGFR) Forum, an arm of the World Bank.
2020 : Commissioned Train II of the Refinery, taking total installed refining capacity to 6,000 bbls/d.
2021 : Successfully introduced hydrocarbon into Train III of the Refinery, increasing capacity to 11,000 bbls/d.
2022 : 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.
2023 : Name change to Aradel Holdings Plc.
2024 : The Company listed on Nigeria Stock exchange on October 14, 2024.