Aradel Holdings PLC 2019 Annual Report with Sustainability Disclosures
The report outlines the operational, financial, and sustainability performance of Niger Delta Exploration & Production Plc for the fiscal year 2019. The company achieved a significant milestone by surpassing 2 million barrels in cumulative annual crude oil production from the Ogbele field and completing the first phase of its refinery expansion project. Additionally, the group celebrated a major safety achievement, reaching 10 million man-hours without a Lost Time Injury. Financially, the company grew its revenue by 16% to N46 billion, demonstrating resilience despite market volatility and one-off appraisal write-offs.
Company: Aradel Holdings PLC
Sector: Mining & quarrying
Country: Nigeria
Year: 2019
Type: Annual Report with Sustainability Disclosures
Pages: 158
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Aradel Holdings PLC
Annual Report & Accounts
The report outlines the operational, financial, and sustainability performance of Niger Delta Exploration & Production Plc for the fiscal year 2019. The company achieved a significant milestone by surpassing 2 million barrels in cumulative annual crude oil production from the Ogbele field and completing the first phase of its refinery expansion project. Additionally, the group celebrated a major safety achievement, reaching 10 million man-hours without a Lost Time Injury. Financially, the company grew its revenue by 16% to N46 billion, demonstrating resilience despite market volatility and one-off appraisal write-offs.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
May 26, 2020
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