Our Business
Aradel operates across key segments of the energy value chain through a portfolio of subsidiaries in upstream, gas, refining and strategic investments.
Integrated Energy. Lasting Value.
Our business spans key parts of the energy value chain through a group structure that supports upstream operations, gas processing, refining and strategic investments. This integrated model enables Aradel to build resilience, create value and pursue long-term growth across its portfolio.
Our Subsidiaries
Aradel Energy
A wholly owned subsidiary established to explore and harness opportunities in the upstream sector , underscoring Aradel Holdings’ commitment to attaining energy independence in Nigeria. It is the operator of the Ogbele, OLO and Omerelu marginal fields (onshore), as well as OPL 227 (shallow water).
Aradel Gas
A wholly owned subsidiary established to leverage investment opportunities in the gas sector. It operates a 100mmscf/d gas processing facility and supplies gas to Nigerian Liquefied Natural Gas (NLNG), among others.
Aradel Refineries
A majority-owned (94%) subsidiary operating the refinery business at the Ogbele field. The business runs an 11kbbl/d refinery and supports domestic supply through the production of refined petroleum products, contributing to Aradel’s integrated value chain.
Aradel Investments
A wholly owned subsidiary established to hold Aradel Holdings’ non-oil and gas investments. It supports the Group’s broader diversification strategy by managing interests outside core upstream, gas and refining operations.
Aradel Renewables
A wholly owned subsidiary, created to advance renewable and alternative power solutions.
Strategic Interests
Strategic Interests
Aradel’s strategic interests strengthen its position across the Nigerian energy landscape through significant equity holdings in key businesses and partnerships.
ND Western Limited
ND Western Limited holds a 45% participating interest in OML 34, a producing Oil Mining Lease located in the Western Niger Delta and owns 50% of the share capital of Renaissance Africa Energy Holding Company Ltd, the parent company of Renaissance Africa Energy Company Limited which operates the Renaissance Joint Venture. In 2025, Aradel Energy acquired an additional 40% equity interest in ND Western Limited, bringing its total equity stake in the company to 81.7%.
Renaissance Africa Energy Company
What Sets Us Apart
Built for Long-Term Value
Integrated Energy Expertise
Aradel operates across the full energy value chain — upstream, gas, refining, and markets — enabling operational flexibility, risk diversification, and stronger value capture across market cycles.
Indigenous Leadership & Local Content
Aradel operates across the full energy value chain — upstream, gas, refining, and markets — enabling operational flexibility, risk diversification, and stronger value capture across market cycles.
Disciplined, Responsible Operations
We manage assets with a strong focus on safety, governance, and sustainability. Through disciplined operations and ethical partnerships, we build resilient systems designed for long-term performance.
Procurement & Local Content
Aradel works with responsible contractors and suppliers who meet our standards for quality, ethics, safety, and compliance.
We prioritise qualified local businesses and support capacity development through transparent, long-term partnerships.
