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Nairametrics
Home Companies

Aradel Holdings Plc celebrates 20 years of continuous production 

NM Partners by NM Partners
September 1, 2025
in Companies, Company News, Corporate Updates
Analysts issue ‘Buy’ recommendation for Aradel Holdings, project 12-month target price  
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Today, Aradel Holdings Plc, Nigeria’s foremost integrated independent energy company, proudly marks 20 years of continuous and safe production from its flagship asset, the Ogbele Field, located in PML 14, Rivers State.

Over the last two decades, Aradel has evolved from a single-asset/single-field producer into an integrated, multi-asset operator with operations across the hydrocarbon value chain.

This 20-year milestone reflects the company’s resilience, innovation, and commitment to delivering long-term value to all stakeholders and driving economic growth in Nigeria.

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Commenting on the achievement, Chairman, Aradel Holdings, Osten Olorunsola said, ‘Aradel is a true success story in the Nigerian energy landscape, and our journey demonstrates what can be achieved when vision, resilience, and commitment come together. This progress has only been possible because of the service and collaboration of all stakeholders, including our host communities, and we sincerely appreciate everyone who has been part of this milestone.’ 

MD/CEO, Adegbite Falade added, ‘The Ogbele story highlights the vital role indigenous operators play in strengthening Nigeria’s energy security, stimulating the local economy, and building capacity to meet the nation’s energy needs. As we look to the next 20 years of continuous production, we remain committed to the core values that made this milestone possible. At Aradel, we are energized for a brighter future!’ 

For Aradel, this milestone is only the beginning. This progress shall be the subject of a special celebration later this year.


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Tags: Adegbite FaladeAradel Holdings PlcOsten Olorunsola
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NM Partners features content from corporate organizations, institutions, and other stakeholders. Some posts are sponsored. Publication does not imply endorsement. Views expressed are solely those of the contributors. For more details, please see our Nairametrics Media Partnership Guidelines or contact info@nairametrics.com.

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Comments 2

  1. AKINSIKU Saliu Ajisafe says:
    September 1, 2025 at 9:06 am

    Your performances so far are highly commendable. Please keep it up.
    I wish the Board, Management and the entire Staff God’s continued protection and help. May God enable us to live long to partake in the goodie goodie specially promised for the end of the year.
    Long Live ARADEL! Long Live The Federal Republic of Nigeria!!

    Reply
  2. Oye Eruni says:
    September 1, 2025 at 10:28 am

    I want to thank.the Chairman and Management of Aradel Holdings for achieving this feat thus far.However the original Host Family of Aradel Holdings called the Moros’ Family are dying of poverty,we are all waiting for the Federal High Court Verdict after the end of the Court recess.The Family has all original Documents to that Land ,you have been dealing with the wrong set of people,Ogbele Oml 54 is original name is Otari Oml 54 not Ogbele.We are civil as a Family as we await God and the court to decide our faith because PhD holders in different fields,Geologist etc can not fold there hands watch their Grand Father’s Land occupied by slaves

    Reply

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