ARADEL HOLDINGS PLC (ARADEL)

Aradel Holdings PLC – Company Overview

Aradel Holdings PLC

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About the Company

Aradel Holdings PLC, formerly known as Niger Delta Exploration & Production PLC, is a leading integrated energy company based in Nigeria. Established in 1992, the company operates across the upstream, midstream, and downstream sectors of the oil and gas industry. Aradel Holdings is committed to delivering sustainable energy solutions and driving innovation throughout the energy value chain.

Leadership Team

  • Oladipupo Jadesimi – Chairman
  • Olanrewaju Falade – Chief Executive Officer
  • Adegbola Adesina – Chief Financial Officer
  • Other Board Members: A diverse team of experienced professionals overseeing the company’s strategic direction.

Corporate Social Responsibility (CSR)

Aradel Holdings is dedicated to making a positive impact through various CSR initiatives. The company focuses on environmental sustainability, community development, and educational support, aligning its CSR activities with its core values of accountability, resilience, adaptability, diversity, excellence, and leadership.

Company Milestones

  • 1992: Incorporated as Midas Drilling Fund, Nigeria’s first integrated oil and gas investment company.
  • 1996: Renamed to Niger Delta Exploration & Production PLC.
  • 2000: Negotiated the first-ever farm-out agreement with the NNPC/Chevron JV for a marginal oil field in Nigeria.
  • 2010: Commissioned the first mini refinery at the Ogbele Field.
  • 2023: Rebranded as Aradel Holdings PLC to reflect its expanded vision and mission.

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