Oando Energy Resources, an indigenous energy company in Nigeria, has said that the on-going divestment by International Oil Companies (IOCs) presents a significant opportunity for increased participation of local firms in the country’s oil sector. Representatives of the indigenous energy company made this known at the recently-concluded Society of Petroleum Engineers (SPE)’s 2024, Nigeria Annual International Conference and Exhibition, (NAICE), which was held in Lagos. Oando Energy ResourcesGeneral Manager, Commercial, Akinbambo Ibidapo-Obe, outlined the company’s strategies for capitalising on this development, stressing the need for indigenous companies to rise to…
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