OVH Energy is the company behind the Oando retail brand in Nigeria.We are an indigenous marketer of choice providing trusted petroleum products and services.
"We are extremely happy with OVH Energy Marketing - Oando Licensee. Our business relationship has been wonderful, thanks to its dedicated BMs."Promasidor Nigeria Limited
”Many thanks to OVH Energy for her customer centric attitude. Her relationship managers are wonderful”US Embassy Abuja.
"The Oando lubricant range from OVH Energy is one of the best in terms of quality - highly recommended."Wale Adeleke, Major Oil
NNPC Limited announces acquisition of OVH Energy Marketing Limited
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OVH Energy Marketing (OVH), owner and operator of the Oando branded retail service stations, has been acquired by NNPC limited, and will be merged with NNPC Retail Limited (NRL). This strategic move aims to create the leading downstream energy company in Nigeria and West Africa, driven by operational efficiency, best in class management, physical infrastructure while offering premium petroleum products and related services to customers, in line with global standards.
Through this acquisition, NNPC Retail Limited will build on the existing success of OVH and operate model service outlets leveraging OVH’s extensive asset base and commercial capabilities. The transaction also positions NNPC Retail Limited as the fastest growing commercial energy company in its pursuit to guarantee energy security for Nigeria’s growing population and significantly more growth opportunities for the business.
“Our acquisition of OVH, brings more NNPC branded fuel stations under the NNPC Retail Limited umbrella, providing wider access for our customers, an enriched supply chain and product availability across our different locations”, said Mele Kolo Kyari,GCEO NNPC Ltd. “Our goal as NNPC Limited is to become a catalyst for massive improvement within the downstream oil and gas industry therefore, access to the extensive asset base of OVH is our audacious step towards attaining this goal. We are positive that this is the much-needed transformation required by the sector as it provides us with an integrated platform to attract the right investments which enables the growth of our operations”.
“This acquisition by NNPC comes at a critical time in the Nigerian energy sector given the overhaul of the petroleum laws (with the recent enactment of the PIA), the continuing increased demand for petroleum products and particularly the deliberate efforts to increase and improve the supply and consumption of natural gas in support of our energy transition goals” says Huub Stokman, CEO OVH. “We have always focused on a value driven approach, prioritizing the quality of products and services offered to our customers, at both retail and commercial levels. This acquisition enables the combined strengths of both entities, to innovate our offerings and infrastructure, necessary to transform the downstream energy sector in Nigeria and West Africa. It is an exciting time for us all, as we continue to focus on technological enhancement, our customers, staff, and other stakeholders” he added.
OVH Energy Oando branded retail service stations will be rebranded into the NNPC brand and a full integration is expected by the end of 2023. The leadership of the merged entity share a common purpose and is focused on value creation with the strengths of OVH’s operational efficiency and NNPC’s brand.
OVH Energy Marketing Rewards Distributors for Outstanding Performance
Leading supplier and distributor of refined petroleum products,
OVH Energy Marketing recently rewarded its top-performing lubricant
distributors for their outstanding performance at a presentation ceremony held
in Lagos, Nigeria.
During the presentation ceremony which happened at Aspamda
Market, two qualified distributors who each sold over 1 million liters of
lubricants were recognized in line with the management’s commitment to award
deserving distributors. The duo, Chucorl Nigeria Limited, and Ade De Young Auto
Limited who met and exceeded the set target in the distribution of OLEUM
lubricants were awarded OLEUM branded trucks at the ceremony.
Speaking at the presentation ceremony, the Chief Executive
Officer, OVH Energy Marketing, Huub Stokman posited that the ceremony was
organized to reward top-performing distributors as well as inspire others
through their exemplary feats. “Our distinctive progress as the leading
downstream oil and gas company is built on the commendable dedication and
support of our partners as well as the contributions of our staff. I applaud
the awardees and other OLEUM distributors for their diligence and
resourcefulness in making sure that the OLEUM range of lubricants remains a
market leader.” he said.
“Oleum is a product made in Nigeria, by Nigerians, for
Nigerians. Our dream is to formulate the best lubricant available in the
Nigerian market at a very affordable price. The hard work of our partners
continues to contribute immensely to the growth of the organization and for
that we are thankful” he continued.
Commenting at the presentation ceremony, Alhaji Lateef Adeleke,
owner Ade De Young Auto Ltd., an awardee said “I appreciate the company
for this initiative to reward distributors with branded trucks. Rewarding
deserving distributors with the branded trucks is a thoughtful initiative from
OVH Energy Marketing.”
Chief Oliver Jacob, CEO Chucorl Oil and Gas Limited said
“This acknowledgement from OVH Energy Marketing is indeed an incentive to do
even more. The trucks will be valuable in strengthening our supply chain and
meeting our increasing consumer demand”
OVH Energy Marketing Limited Proffers Customer Satisfaction as An Opportunity in Nigeria’s Deregulated Oil & Gas Sector
maiden edition of the Nigerian Content Midstream - Downstream Oil and Gas
Stakeholders Summit, with the theme, “Maximizing Potentials in the Midstream
and Downstream Oil and Gas Sector – A Local Content Perspective” kicked off on
May 23rd, 2022.
event organized by The Nigerian Content Development and Monitoring Board
(NCDMB) engaged stakeholders within the industry in top-level dialogue
articulating the agenda for actualizing the full local content potential.
Speakers and Panelists also discussed prospects for driving massive investments
in the Midstream and Downstream sectors of the Nigerian Oil and Gas
second day of the hybrid summit featured a panel discussion with Mr.
Huub Stokman, Chief Executive Officer of OVH Energy Marketing Limited (Oando
licensee), discussing “opportunity areas and challenges of investment
in the petroleum product marketing and bunkering sector.”
Stokman stated that pipelines, depots, trucks and retail sites are priority
areas for investment within the industry. The trucks and depots are critical to
last-mile delivery and should be upgraded with safety features reflective of
modern best practices. He said, “investors measure performance through
returns. To effectively invest in Nigeria’s midstream and downstream oil and
gas sector, players need to increase operational efficiencies and reduce
losses. With the proposed deregulation of the industry backed by the Petroleum
Industry Act, soon Nigeria will have a functioning refinery landscape which
will create value for Nigeria. However, stakeholders must properly capture this
value through safe and sustainable operations down the value chain, otherwise
it will go to waste.”
retail forecourt offerings in the industry are not on par with those of other
countries on the continent. Once deregulation happens the price of PMS will
probably increase. When this happens,
the consumer will naturally request more value for money. When we pay more, we
typically want more. To satisfy the consumers demand, industry players must
guarantee the quality, quantity, and excellent customer service in a safe and
secure environment.” He continued. He further highlighted key challenges
facing the manufacturing industry that supports the Oil & gas industry, including
reliance on import of critical raw materials, inflation and currency devaluation,
as well as industry skills shortage arising from skilled Nigerians moving
overseas. He reiterated that investment done by the Oil & gas industry in
upskilling existing manpower will contribute to build in-country people skills
summit’s agenda of sensitizing and enlightening stakeholders about NCDMB’s
capacity intervention programmes in support of Nigerian Content Development in
the Mid and Downstream sectors is commendable.
Energy is a leading indigenous marketer of choice and provider of trusted petroleum
products and services in Nigeria. The organization's expertise
spans the distribution of refined petroleum products for retail,
commercial and industrial purposes. Its strong unrivaled heritage, drive to
impact lives positively and the influence of the shareholders – Helios
Investments, an Africa-focused Nigerian firm; Vitol Group, a leading global
supplier of petroleum products and the strong Oando retail brand – contributes
to the brand’s growing business success. Through its Oando retail brand, OVH
Energy has enriched Nigeria’s downstream sector and established an unparalleled
supply footprint, distributing over 1 billion liters of refined petroleum
OVH Energy Marketing Partners NGO to curb the spread of Malaria
In commemoration of the 2022 World Malaria Day, OVH Energy
Marketing, the leading indigenous marketer of choice, has partnered with the
African Clean-up initiative, a non-profit advocacy organisation, for another
edition of the Roll Back Malaria campaign. The campaign marked under the theme
"Harness innovation to reduce the malaria disease burden and save
lives" empowered local communities within Lagos and Rivers state.
The Roll Back Malaria campaign is a partnership program
conceived and implemented out of the need to educate people on Malaria
preventive measures. The initiative seeks to identify and eradicate the
associated effects of Malaria through education, empowerment, and treatment.
Beneficiaries were enlightened on preventive measures and practical steps to
prevent malaria outbreaks. Insecticide-treated mosquito nets were also
distributed to men, women and children from the host communities.
World Malaria Day is marked annually to focus global attention
on Malaria, and its impact on families, communities, and societal development,
especially in Sub-Saharan Africa. According to the 2021 World Malaria Report by
the World Health organisation, the African Region carries a disproportionately
high share of the global malaria burden. In 2020, Africa was home to 95% of
malaria cases and 96% of malaria deaths, with children under 5 accounting for
about 80% of all malaria deaths.
Speaking on the impact of the initiative, the Chief
Executive Officer of OVH Energy Marketing, Huub Stokman reiterated the
company's commitment to malaria prevention and control to build a healthy and
conducive environment for members of its host communities. He mentioned that
Malaria remains a significant public health and development challenge that
requires collective human efforts and technological innovation to manage.
"The WHO has warned that malaria deaths will probably
dwarf direct deaths from COVID-19 in sub-Saharan Africa. Malaria also poses a
socio-economic challenge; sadly, it remains a burden costing the continent an
estimated $12 billion yearly. Therefore, the fight against Malaria is a
critical issue requiring strong private sector engagement. At OVH Energy, we
are deeply committed to eradicating this disease amongst Nigerians while
improving our host communities' social and economic development in alignment
with United Nation's Sustainable Development Goal three, which is good health
and well-being." He said.
Also commenting on the initiative, Alexander Akhigbe,
founder of the African Cleanup Initiative (ACI) said, "Malaria
is a preventable and treatable disease that continues to affect the health and
livelihood of people worldwide. Thus, when individuals are properly educated,
the spread can be prevented, and with the right treatment, the mortality rate
OVH Energy's commitment to enriching its host community is
commendable. Through various corporate social responsibility initiatives such
as the University Scholarship Scheme, OLEUM Academy, amongst others, the firm
continues to impact the lives of those within its host communities.
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