₦airaland Forum

ositadima1:
If you’re using Morgan, go to ‘Trades’ right under ‘Market View,’ then type the ticker symbol into the search box and sort.

mikeapollo:
Was OPL245 under NAOC or ENI Offshore?

tayejay:
According to AI Overview:

Based on reports from March 2026, the primary companies benefiting from the development of the OPL 245 deepwater block in Nigeria are Eni (specifically its subsidiary Nigerian Agip Oil Company) and Shell.
Business Post Nigeria
Business Post Nigeria
+1
The Nigerian government has moved to break the controversial block into four separate assets to be operated by these two European majors, finally allowing development to proceed after nearly three decades of legal deadlock.
TheCable
TheCable
+1
Key Entities Benefiting:
Eni (Italian Energy Major): As a long-term operator in West African deepwater, Eni continues to maintain its interest in the block.
Shell (Anglo-Dutch Major): As part of its strategy to focus on high-value, deepwater projects, Shell remains a key operator.
Oando PLC: In August 2024, the Nigerian energy company announced its acquisition of the Nigerian Agip Oil Company (NAOC) from Eni, meaning Oando is set to take over Eni's interest in the project.
Nigerian National Petroleum Company (NNPC) Limited: The state-owned entity is expected to gain equity stakes as part of the new, restructured arrangement.
Contextual Factors:
Split Structure: Dividing the block into four parts is designed to accelerate permitting, financing, and development, allowing Eni and Shell to divide operational risks.
Strategic Value: With estimated reserves of 9 billion barrels, OPL 245 is one of Africa's largest undeveloped oil reserves.
Legal Resolution: Following a 2021 acquittal of corruption charges in Italy and the withdrawal of civil claims by the Nigerian government in 2023, the way was cleared for this, although full production is likely still a decade away.
Businessday NG
Businessday NG
+1
Note: While Shell and Eni have been the central players in the long-running saga (often alongside Malabu Oil & Gas), the new structure in 2026 solidifies their operational role, particularly with Oando's entry into the Nigerian Agip Oil Company assets.

PETERiCHY:
Stop LAMENTING we have finally come to your RESCUE yesterday.

We TOP UP our OANDO portfolio at circa #40.00k
Our Target price #50

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
Last week we join OANDO Sluggish train and PROMISED to RESCUE Street-fighter from his NUMEROUS lamentations

Today OANDO is on full bid at #50.25.
The journey to #200 just commenced.

What BARGAIN HUNTERS CAN NOT DO DOES NOT EXIST.


BARGAIN HUNTERS TAKE NOTE!

Mpeace:
Why is Presco and Okomu on full offer?

PETERiCHY:
Last week we join OANDO Sluggish train and PROMISED to RESCUE Street-fighter from his NUMEROUS lamentations

Today OANDO is on full bid at #50.25.
The journey to #200 just commenced.

What BARGAIN HUNTERS CAN NOT DO DOES NOT EXIST.


BARGAIN HUNTERS TAKE NOTE!

mikeapollo:
My guy, chill small na.
Oando matter no be today ooo.
People dey for ground; dem just keep quiet dey look like dem no see.

PETERiCHY:
In 2024 OANDO rallied from. #9:00 to #98.00

In 2025 it consolidated between #35:00 & #70:00

This year (2026) watch it will break above that Stubborn #100 resistance.


BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
In 2024 OANDO rallied from. #9:00 to #98.00

In 2025 it consolidated between #35:00 & #70:00

This year (2026) watch it will break above that Stubborn #100 resistance.


BARGAIN HUNTERS TAKE NOTE!

Itzlinda:
I am using meristem.

GeneralDae:
The dollar is strengthening and oil prices are now at $84 per barrel.

Rubyjade:
FTGinsure

PETERiCHY:
JIJO with OANDO that is gradually heading to #200 Junction.

Even if you don't hear, Ain't you seeing what is happening in the GLOBAL STAGE

BARGAIN HUNTERS TAKE NOTE!

ojeysky:
Where do you get these numbers from...Na so you say JP is going to 20

ogawisdom:
Is the war in Iran pushing Aradel to the roof or what is going on?

ogawisdom:
Is the war in Iran pushing Aradel to the roof or what is going on?

deathwing:
Help me beg it to calm down o. I have not just acquired to my fill. Hopefully it will correct soon.

ogawisdom:
Is the war in Iran pushing Aradel to the roof or what is going on?

megawealth01:
Before you enter Oando just be ready to play dirty?

deathwing:
Help me beg it to calm down o. I have not just acquired to my fill. Hopefully it will correct soon.

leo1234:
Waiting for Royalex at 1.8

mikeapollo:
I wish I could also ''hack'' Wale's brain to know what he's planning to do with Oando.

''Hacking'' is now the rule of the game.