Aradel Holdings PLC 2018 Annual Report with Sustainability Disclosures
The report highlights Niger Delta Exploration & Production Plc's operational, financial, and sustainability performance for the 2018 fiscal year. The company made significant progress on its Ogbele Mini Refinery Expansion Project, with Train II nearing completion to increase capacity to 6,000 barrels per day. Financially, revenue increased by 15% to N39 billion, and profit after tax reached N37.4 billion, driven by higher product prices and operational excellence. In terms of sustainability, the company achieved a milestone of 8 million man-hours without any lost time injury and maintained zero workplace fatalities.
Company: Aradel Holdings PLC
Sector: Mining & quarrying
Country: Nigeria
Year: 2018
Type: Annual Report with Sustainability Disclosures
Pages: 126
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Aradel Holdings PLC
Annual Report & Accounts
The report highlights Niger Delta Exploration & Production Plc's operational, financial, and sustainability performance for the 2018 fiscal year. The company made significant progress on its Ogbele Mini Refinery Expansion Project, with Train II nearing completion to increase capacity to 6,000 barrels per day. Financially, revenue increased by 15% to N39 billion, and profit after tax reached N37.4 billion, driven by higher product prices and operational excellence. In terms of sustainability, the company achieved a milestone of 8 million man-hours without any lost time injury and maintained zero workplace fatalities.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
May 24, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees