In a landmark move for Nigeria’s energy sector, Oando Trading, a subsidiary of Oando Plc, has become the first company to purchase and export the country’s newest crude oil blend, Obodo.

This historic milestone signals renewed momentum in Nigeria’s push to boost oil production and showcase the strength of indigenous players in the global energy market.

The announcement was made in a short video shared on X (formerly Twitter) by Oando Group Chief Executive, Wale Tinubu.

According to the video, the Atlantic Spirit, a tanker from Oando’s fleet, successfully carried out the maiden international shipment of Obodo crude under the supervision of Century Ports and Terminals.

“In a historic milestone, Oando Trading… became the first to purchase and lift Obodo crude,” the video stated. “The Atlantic Spirit tanker carried out the offtake under the supervision of Century Ports and Terminals, making the first international export of the Obodo blend.”

Obodo, a medium sweet crude grade, is extracted from the onshore OML 150 block, operated by Continental Oil and Gas under a production sharing contract with the Nigerian National Petroleum Company Limited (NNPC Ltd).

The blend was launched in April 2025 as part of efforts to diversify Nigeria’s oil portfolio.A crucial element in the operation was the FPSO Tamaratokani, a floating storage and offloading vessel operated by Century Ports and Terminals.

“This facility provided the link between Conoil’s onshore production and the export tanker, ensuring a seamless transfer,” the video explained.Wale Tinubu hailed the achievement as a win for Nigerian-owned businesses.

“This isn’t just progress — it’s a breakthrough,” he said in a statement. “Congratulations to Dr. Mike Adenuga and the entire Conoil team… Hats off to Century Group as well, for making history as the country’s leading indigenous FPSO operator.”He added, “We’re honored to have played a part in this chapter of your story… a bold leap for indigenous excellence on the global energy stage.”

The collaboration between Oando, Conoil, Century Ports and Terminals, and NNPC Ltd underscores a growing trend of local capacity delivering results. “This moment reflects more than market movement — it reflects momentum… Nigeria’s energy industry is ready, capable, and rising one historic barrel at a time,” the video concluded.