Giuseppe Surace, Ex SAIPEM Executive Who Fast Tracked Dangote Refinery Construction, Leaves to Run His Own Company - Africa’s premier report on the oil, gas and energy landscape.

Giuseppe Surace, Ex SAIPEM Executive Who Fast Tracked Dangote Refinery Construction, Leaves to Run His Own Company

Giuseppe Surace, former managing director, Saipem Contracting Nigeria Limited, who was appointed in 2017 to fast track the (then) slow construction of the Dangote Refinery, has moved on to the next phase of his career.

The Italian engineer left the Chief Operations Officer role in Dangote refinery in February 2024 and has been owner of Only Capital in Dubai since.

Surace’s right-hand man Antonino Raffa, also a Saipem alumnus, had earlier left his role as Head of Field Engineering for Dangote refinery in January 2024 and has since been Field Engineering Manager at Azule Energy, ENI-BP Joint Venture in Angola.

Surace had gone to Dangote from Logstor, a company held by Private Equity Triton, where he was running the Oil &Gas business. Logstor is a supplier of pre-insulated solutions for District Energy and Oil and Gas markets”, Surace reported, himself, on his LinkedIn page.

Africa Oil +Gas Report had once reported this much about Surace’s job at Dangote: “On the factory floors, in the executive offices, everywhere on site, the consensus is that one of the best decisions that Aliko Dangote made was Surace’s appointment”, said our sources. “He saved the project”.

Prior to Logstor and Dangote, Surace spent 20 years with Saipem, where he started in 1995 as Piping Design Engineer in Italy. After two years’ assignment in Kuwait he was promoted to Project Specialist Leader, Project Engineering Manager and Proposal Manager before moving to Lagos, Nigeria in 2007 as Managing Director of Saipem Contracting Nigeria. In 2011, he relocated to Brazil and became CEO of Saipem Do Brazil. In 2014, after a short assignment in Saipem HQ Milan, he returned to Nigeria as Senior Vice President, Central Africa. Giuseppe holds a Master Degree in Mechanical Engineering from University of Calabria and a MBA from Bocconi University and MIP School of Management in Milan, Italy.

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