Oando Sponsors OPEC Seminar

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Nigeria’s leading indigenous oil and gas company Oando PLC was a gold sponsor of the just- concluded 7th OPEC International Seminar themed: “Petroleum – Cooperation for a Sustainable Future,” in Vienna, Austria, which was attended by over 800 key sector players and decision makers.

The company also recently commemorated World Blood Donor Day through blood donation drive which enabled employees to donate blood to save lives.

The blood drive was organised in partnership with LifeBank, an e-health company connecting blood banks with hospitals in Nigeria, with the objective of bridging the blood shortage gap in Nigeria.

The Group Chief Executive of Oando, Adewale Tinubu, led a Nigerian delegation to the event where he shared the Nigerian perspective in a panel session on the topic: ‘Global Oil Future Challenges.’

The panel moderated by CNN’s John Defterios included other IOCs and business leaders such as the President and CEO, Saudi Aramco, Amin H. Nasser; Vice Chairman, IHS Markit, Daniel Yergin; CEO, Hess Corporation, John Hess; Former CEO, Schlumberger, Andrew Gould, were present.

The session focused on current and future challenges specific to the oil industry in the medium to long term, including challenges related to the current global supply/demand balance and the impacts of the energy policy and technology on the future of oil supply and demand.

Also present at the event was Nigeria’s Minister of State for Petroleum, Emmanuel Ibe Kachikwu.

He led a panel on ‘Energy Cooperation’ in the company of other industry regulators and leaders from India, Iran and Abu Dhabi.

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