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Agbaire is Shell Nigeria’s Top Geoscientist

Dan Agbaire has been named the General Manager Exploration Nigeria at the Shell Petroleum Development Company of Nigeria.
That’s the top exploration job in all the Shell Companies in Nigeria (SCIN).

Until the appointment, the 52 year old earth scientist was the Regional Discipline Lead, Production Geology/Production Seismology, Shell Upstream International, Sub Sahara Africa

Agbaire holds a 1986 Master of Science Degree in Geology/Earth Science from the University of Benin, located in the Western flank of the country’s oil rich Niger Delta region. In 1987, he joined Geotrex, which then was  a bespoke, boutique petroleum geoscience consulting company in Nigeria. He left Geotrex four years after and has worked for Shell, in positions of increasing responsibility, for 25 years.

Barry Morgan Lifts the Trophy

About time: the most influential hydrocarbon journalist on the continent gets the Lifetime Achievement Award

By Toyin Akinosho

The doyen of Africa’s oil journalists has won the Lifetime Achievement Award of the African Upstream landscape.

Barry Morgan, West African correspondent of the Norway based Upstream Newspaper, received the award at the Africa Oil Week in Cape Town, for “his significant personal effort. sustained commitment and exceptional dedication to building the Cape to Cairo oil and gas industry and continental economic future”.

It was about time.

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Owieadolor Gets the Big One

Osa Owieadolor, Managing Director of Platform Petroleum, has been awarded a Fellowship of the Nigerian Society of Engineers (NSE), one of the highest honours in the engineering profession in the country.

Owieadolor, 46, has over 22 years cumulative experience in the Nigerian Oil and gas industry including stints with Texaco Oversea Petroleum Company, Oildata Wireline Services Ltd, Shell Petroleum Development Company and Platform Petroleum Ltd.

He Joined Platform in 2007 as a pioneer Technical Lead, “venturing into the then relatively untested waters of the Nigerian Marginal Field Development programme”, Platform says in a release.

Incidentally, Platform was the first company among the 24 Nigerian independent awarded marginal fields in 2003, to reach first oil. Platform started crude oil production in the same year that Owieadolor joined, so in a sense, he met the company on the way to production.

He served as Head Production Operations, Technical Manager, Chief Operating Officer, Executive Director Operations before becoming Managing Director of the company in May, 2015.

Born on the 5th April, 1970 in Iguobazuwa, Edo State, he holds a B.Eng degree in Petroleum Engineering (1992) from the University of Benin – Nigeria, MBA from the Lagos Business School(LBS), Pan Atlantic University, Certificate in Leadership & Innovation from IESE Business School in Barcelona and also an alumnus of the prestigious Harvard business School, Boston, USA.

Owieadolor is a member of several local and international Professional bodies inclusive but not limited to; Member, Society of Petroleum Engineers (SPE), Nigeria Society of Engineer (NSE), Nigeria Association of Petroleum Explorationist (NAPE), Council for the Regulation of Engineering in Nigeria (COREN), Research Advisory Board Member of the Institute of Petroleum Studies (IPS) – Uniport, Member Board of Trustee of the Energy Institute Nigeria Council and several others.

He is a recipient of several awards and recognitions within and outside Nigeria.


Ladol’s Founder Becomes Chairman of NDPR

Ladi Jadesimi, founder of the Lagos Deep Offshore Logistics (LADOL) base, has been elected Chairman of thebbbg Niger Delta Petroleum Resources Limited (NDPR).

Mr. Jadesimi took over from Goodie Ibru, the Hotel magnate who had been Chairman since 2012 and who retired from the board after serving for 10 years.

A graduate of Oxford University (Jurisprudence, 1966) and Fellow of the Institute of Chartered Accountants, England and Wales, Mr. Jadesimi is former Partner of Arthur Anderson in Nigeria.

After over 15 years of practice as a Chartered Accountant, Jadesimi took early retirement from practice to engage in private business, primarily in banking, oil and gas and real estate.

In 2000, started planning, with others, a purpose-built, state-of-the-art logistics and engineering base west of the Niger Delta.

“LADOL was conceived and designed to be an efficient, custom-built, fully integrated, secure and independent engineering and logistics base operating 24/7 in the LADOL Free Zone for deep offshore oil and gas projects”, the company says in its website.

Apart from NDPR and LADOL, Jadesimi serves on the board of several companies, including First City Monument Bank (FCMB), as a Non-Executive Director.

Omorodion Leads NAPE Out of the Low Price Tunnel

Delivers career centre, medical insurance and training for Africa’s largest grouping of geoscientists

Nosa Omorodion took charge of the presidency of Africa’s largest club of petroleum geoscientists at an inauspicious time.

Crude oil prices have remained at less than 40% of their 2013 value and a wave of retrenchments has swept the industry, affecting jobs and careers. The Presidency of the Nigerian Association of Petroleum Explorationists (NAPE) has largely been a ceremonial, non-executive chairman of the board kind of role.

Now Mr. Omoriodion, 48, finds that he must turn the position  into a more hands-on job.

His quarterly open letter to the 7,000 strong association demonstrates the urgency of the task to make NAPE a tent of comfort that could shield as much as possible, its members from the stormy gale.

“From where I sit I feel everyone’s pain”, he says in his first floor corner office in the Lagos office of Schlumberger, the world’s largest oilfield service company.

He doesn’t have to expatiate. Mr. Omorodion is a director in the Schlumberger Nigeria system. In the fourth quarter of 2015 alone, the company worldwide effected workforce reduction of 10,000 employees. He has personally witnessed long- time friends and colleagues around him asked to take a walk.

Still, his response to the carnage as NAPE President has been unique in the 41 year history of this advocacy group for the geoscience profession.

In his last letter, he announced that NAPE has set up:

  • A Career Centre that will help with job postings.
  • A one-off ”Graduated dues” payment scheme for members. Details will be in my next communication. This will however have to pass through the rigors of the AGM.
  • Online Training Platform to help retool the professional careers of members will kick-off in Q3 2016
  • Commencement of the much anticipated Healthcare scheme. This is set to go live by mid-August with Zenith Medicare as NAPE’s Healthcare provider

Each of this initiatives is new to NAPE which, on the surface, looks like a gathering of some of Nigeria’s highest earning tribe of professionals.

Mr Omorodion, a graduate of the Federal University of Technology in Akure, in the west of Nigeria, has put in 26 years in the hydrocarbon industry, 15 of them in the Schlumberger system, in Europe and Africa. But he has also devoted much of that time in the structure of geologist’s associations such as NAPE. He was, between 2010 and 2012, President of the Africa Region chapter of the American Association of Petroleum Geologists (AAPG), the largest body of petroleum geologists on the globe.

What he has observed is that the current downturn has also come at a time of the Great Greying of the industry in Nigeria. In the mid-1990s, the earliest generations of geoscientists to have reached the top executive ladders of the major multinational corporations started to retire. Several generations have followed them and with the recent drastic drop in crude oil prices, the industry is resetting itself.

It is to the credit of this incumbent NAPE President that he sees that a semi cooperative structure is important for NAPE, to shield its members from the vagaries of an economy that is, especially in Nigeria, a see-saw of sorts.

 “The economic situation, more particularly in relation to our plan to deliver superior service, institutional reforms, improve infrastructure, establish good governance and enhance  overall membership experience”, Mr. Omorodion says in his letter, “confronts us with factors which are matters of  grave concern”.

Top on his table is the Healthcare insurance issue, which he flagged off on June 30, in Warri, the main city in the western Niger Delta basin. “Our next stop will be Port Harcourt chapter on July 27 followed by Abuja, Benin, Lagos and University of Ibadan in August. Details of the coverage and network of Zenith Medicare, the Healthcare provider as well as application forms can be downloaded from the NAPE website”

 The healthcare scheme caters to various categories of membership; from students to active/associates, corporate members and retirees. “A personal satisfaction for me is that regardless of the nature or type of employment, affordable first class Healthcare services for members and their dependents can now be accessed through NAPE.

My personnel commitment will be to mobilize many senior industry operatives to contribute to a pool that will aim to subsidize and support students and junior members to partake in this program and good news is I have already started the engagement”.

That settled, Omorodion talks about other things. NAPE is going to work on revamping the idea of the NAPE Foundation, which was created in the 90s to build up a buffer for a time when oil companies might not be keen on sponsoring the events of the body. “We have reintroduced the minimum annual N2000 foundation dues for members and have concluded plans to reinvigorate the NAPE Grants-in-Aid support for university students.

It was Lyndon Johnson, a former American President who said “There are no problems we cannot solve together, and very few we can solve ourselves”. Our seniors and retirees will be encouraged to donate their works, papers, books, time, gifts and assist with sponsorship of YPs and students.

But the advocacy for quality oil industry governance is what NAPE has been known for. And President Omorodion is aware that even if he does well in other areas, including new, life-saving initiatives, he would have failed if he does’t advance the association’s cause as a leading think tank for industry policy. “We shall strive to remain relevant in the legislative processes for the development and enactment of the laws that regulate the oil and gas industry in Nigeria. Silence and non-participation is not an option.

Our capacities and resources may be limited, but our voice must not be muted. In June we initiated a forum for subtle advocacy where CEOs/senior industry operatives and top government personnel rub minds and thoughts on ideas around our beleaguered industry and economy. Our guest was the COO/GED Upstream NNPC. The goal is to institutionalize this into a quarterly senior industry evening reception.

A special business publication that will be the repository go-to reference book, covering sections from Exploration opportunities and resource placement, Funding and Investment Climate, Divestment and Acquisitions, Hydrocarbon accounting, gas supply and monetization is at an advanced stage. The target launch date remains October 2016.

“The industry may be passing through a tough phase but let us never fail to remember that as geoscientists we light up the world. Our ideas find oil and gas. Gas remains the major source for power, and power the cornerstone for industrialization.  Can you imagine a world without geoscientists? “

Baru’s Triumphant Return: Be Afraid! Be Very Afraid!

By Toyin Akinosho

Four months after he was shunted to a position that was far less influential than his previous post, Maikanti Baru emerged, July 4, 2016, to take the top job at the Nigeria National Petroleum Corporation NNPC, the state hydrocarbon company.

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PetroSA: Another CEO Leaves

Headbutting continues at the state hydrocarbon firm

Seven months after the termination of the appointment of Nosizwe Nocwe-Macamo as PetroSA’s CEO, the state hydrocarbon company has bid her successor farewell.
Ms, Mapula Modipa, who acted for a year and a month (including the six month period during which Ms. Nocwe-Macamo was on suspension), joined PetroSA as Vice President of Human Capital on  October 1, 2014. She is succeeded as acting chief executive by Mr. Siphamandla Mthethwa.

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Isabel’s The New Sonangol Chief, But She Won’t Succeed Her Father

By Toyin Akinosho

Isabel dos Santos’ appointment as Chief Executive of Sonangol, Angola’s ultra powerful state hydrocarbon company, provides Western journalists more evidence for their theory that Africa’s richest businesswoman will succeed her father as President of the continent’s second largest oil producer.isa_santos_a

Indeed, Ms. Dos Santos’ takeover of the company from the dour Francisco de Lemos José Maria comes after her recent job as head of the commission on the restructuring of the entire oil sector, including Sonangol. As she has been handling assignments of increasing responsibility in the last two years, she has been wielding more influence in the polity.

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Akinyanju Gets the Top Oil Job at GE West Africa

Efundoyin Akinyanju has been appointed Chief Executive Officer GE Oil &Gas for West and Central Africa. In this role, she will lead, grow and implement GE Oil and Gas strategy in the region. Ms. Akinyanju’s last job was Chief Strategy Officer (CSO) Subsaharan Africa for GE Oil and Gas.

Until she moved to GE, in August 2015, Doyin was Sales and Marketing manager for Nigeria and the Gulf of Guinea at Schlumberger, the world’s top oil service firm. This was the job she took up on return “home” to Nigeria after a two year assignment in East Africa where, as Country Manager Kenya and Ethiopia, she essentially established the Schlumberger office. It’s instructive that those months: August 2012 to April 2014, were coincidentally the defining years for the opening up of Kenya as a significant E&P space. Ms. Akinyanju’s brief was to lead, manage and grow Schlumberger business in a region where the company never had a footprint.Part of the job was to build strong client relationships, manage industry affairs and interface with government agencies. It was probably her breakthrough period as a career oil and gas business strategist, but she would not respond to questions.

Alastair Leaves, Jersing Wields More Power At Sterling

Alastair Beardsall has retired from the position of Executive Chairman of Sterling Energy Plc,  for personal reasons. He is succeeded by Nicholas Clayton, who will only serve as Non Executive Chairman. In effect, Eskil Jersing,  the Chief Executive Officer, will be more powerful.

Beardsall spent six years at Sterling. He presided over the string of asset acquisitions around Africa that the AIM listed junior has pursued in the last three years.  Mr. Beardsall also retires from the board.

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