Falade, Shell’s Chair in Namibia, Takes the Helm at Brunei LNG - Africa’s premier report on the oil, gas and energy landscape.

Falade, Shell’s Chair in Namibia, Takes the Helm at Brunei LNG

UK major Shell has appointed Leye Falade as Managing Director, of Brunei LNG.

The Nigerian engineer had only just resumed as Chief Executive of Shell Namibia five months ago.

In Shell’s global organogram, Falade will, in the new role, report to Peter Costello, Executive Vice President Conventional Oil & Gas.

Brunei LNG is 50% owned by the Government of Brunei, 25% owned by Shell and 25% owned by  Mitsubishi. It operates a total plant capacity of 7.2Million Tonne per annum (7.2MMTPA) of LNG  on a 130-hectare complex situated at Lumut in the Belait District in Brunei.

In his short tenure as Country Chair, Falade was lauded for his contributions to the Namibia venture, demonstrating “great capacity to build relationships in country and with his charismatic and empathetic leadership style, maintaining excellent stakeholder relationships with everyone from government officials to key service providers through pivotal Venture junctures”. He was also praised for his “steadfast. HSSE focus which will leave a lasting impact with the in-country team and Venture”.

Falade had moved, in October 2023, from the position of  General Manager Production at the Nigeria LNG Ltd, to Country Chairman, Shell Namibia.

He is a graduate of Electrical/EJectronic Engineering from University of Ibadan (Nigeria)

and holds an MBA from Henley Business School, University of Reading, UK. He has worked for over 27 years with the Shell Group and is regarded, in the company an accomplished business leader, with brood and significant global exposure in the Integrated Gas & Upstream businesses in assignments that span various countries in Europe, Asia, Africa, and the Middle East.

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