| |
|
 |
 |
Ocean and Oil Holdings is a leading principal investment company based in Nigeria.
Ocean and Oil invests in various sectors in Nigeria, and is most active in Property & Infrastructure , Oil & Gas and Telecommunications with the goal of achieving the leading position in the sectors in which we operate.
Evolution
The Ocean and Oil Group was created in 1994 with the establishment of Ocean and Oil Services , a petroleum products supply and trading company.
In 2000, Ocean and Oil acquired a 30% controlling interest in Unipetrol Plc, a downstream petroleum marketing company in Nigeria.
Ocean and Oil Holdings was created in 2001 to capitalise on the evident business opportunities in the Nigerian Oil & Gas sector.
In 2001, Ocean and Oil increase d its stake in Unipetrol to 42% via an irredeemable convertible loan stock issue.
In 200 2 , Ocean and O il led Unipetrol's bid for 60% of Agip Nigeria Plc. The merged company was rebranded as Oando Plc in 2003, the second largest downstream petroleum marketing company in Nigeria.
Avante Capital Partners, a financial advisory firm , was created in 2002 as a wholly owned subsidiary of Ocean and Oil.
Avante Property Asset Management Services was incorporated as pat of the Ocean and Oil group of companies in 2004.
|
| |
|
|
