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Aradel

Adegbite FALADE

CEO

NIGER DELTA EXPLORATION & PRODUCTION

We were the first to pioneer a refinery as a private investment in Nigeria, meaning that we had to learn everything ourselves.
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Aradel In Figures

Years of experience: More than 30

Number of employees: More than 225

Aradel Holdings, formerly Niger Delta Exploration & Production, is an integrated energy company headquartered in Lagos. The company has interests in oil and gas, power, and renewable assets and operates in the upstream, midstream and downstream. The company was established as an indigenous, publicly owned oil company so that the Nigerian people could have the opportunity to invest in and benefit from the nation’s oil and gas sector.

Aradel is divided into four businesses:

  • Aradel Energy: Explores opportunities in the energy sector to achieve Nigerian energy independence and operates the Ogbele and Omerelu marginal onshore fields and the OPL 227 shallow water field
  • Aradel Gas: Leverages investment opportunities in the gas sector, operates a gas-processing facility and supplies gas to Nigerian Liquified Natural Gas
  • Aradel Investments: Holds Aradel’s non-oil-and-gas investments
  • Aradel Refineries: Owns and operates the refinery at the Ogbele field

Aradel’s strategy is to be a resilient and efficient company through diversification, adaptation to the changing dynamics of the industry and diverse operational setups. With this strategy, the company aims to become the leading African company, delivering value and sustainable energy solutions. Aradel will continue to expand in the oil and gas sector and develop new verticals to develop Nigeria and contribute to the energy transition in Africa.

Aradel News and Interviews

Shell takes FID on $2-billion offshore gas project in Nigeria
NEWS
Shell takes FID on $2-billion offshore gas project in Nigeria
Nigeria - October 14, 2025

Shell has taken a positive FID on the USD 2-billion HI gas project offshore #Nigeria, which will supply 9.9 mcm per day to…

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Nigeria LNG secures multiple 20-year gas supply contracts
NEWS
Nigeria LNG secures multiple 20-year gas supply contracts
Nigeria - August 25, 2025

Nigeria LNG has signed 20-year gas supply contracts with NNPC and international companies to feed its Bonny Island facility.

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Renaissance completes acquisition of Shell’s Nigerian assets
NEWS
Renaissance completes acquisition of Shell’s Nigerian assets
Nigeria - March 14, 2025

Renaissance Africa Energy Holdings has completed its USD 2.4-billion acquisition of SPDC in Nigeria.

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Aradel Holdings to list on Nigeria’s stock exchange
NEWS
Aradel Holdings to list on Nigeria’s stock exchange
Nigeria - October 16, 2024

Nigeria's Aradel Holdings will list 4.34 billion shares on the country's stock exchange.

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