WHO’S WHO IN THE NIGERIAN OIL & GAS INDUSTRY


Who’s Who in the Nigerian Oil and Gas
Industry
makes available within one source, comprehensive information on Nigerian professionals and entrepreneurs who have and are making significant contribution to the growth and development of the industry.

Nigerian professionals have been contributing significantly to the development of the Nigerian industry since its modest beginnings to its present state of economic significance. However, before now, this important contribution had remained unsung and information on Nigerian professionals in the industry scanty.

The publication documents for posterity, the pioneering roles of Nigerian oil industry professionals and captures the eminent part they have played in growing the sector. It records their specific roles and notes their career achievements.

In addition, the publication captures the high points of the professional lives of oil industry personalities who have offered unparalleled service to the industry. Some of them have retired from service, but their careers as documented here will be a source of inspiration to the present generation and those to come after.

As a reference work, the publication provides quality information for researchers, analysts, policymakers, investors and others interested in the Nigerian petroleum industry.

Franklin Adedeji Akintilo, Chairman of Oil and Gas Publications Ltd, publishers of the Who’s Who said the publication will serve as a ready source of reference for investors wishing to identify persons to contact in the Nigerian industry for business purposes.

Outlining the purpose of the project, he said “we are not recognising money bags and their agents; we are honouring the men and women who have had outstanding careers in the Nigerian oil and gas industry”.

Roland Obasa, Editor of the publication said given the general reticence of Nigerians to offer information about themselves, it took a high level of persistence, determination, and commitment to realise this unique project.

The publication is arranged in four sections: the first section profiles professionals in the upstream sector. The second section lists professionals in the downstream sector. The third section lists policymakers and industry regulators. A fourth section profiles providers of professional services to the industry.

Chamberlain Oyibo, Chairman and Managing Director of Prime Energy Resources Ltd, and former Group Managing Director of Nigerian National Petroleum Corporation, wrote the foreword for the publication.

For more information, contact:

Roland Obasa,

Managing Editor

Oil and Gas Publication’s Ltd.

Tel: 08033714315

E-mail: roeyobasa@yahoo.com

 

 

Chairman/Publisher

 

Franklin Adedeji Akintilo has a B.Sc in Economics from University of Ibadan, Nigeria, Master’s Degree in Operations Research from American University Washington DC, USA, and underwent post graduate studies in Industrial Economics at Carnegie-Mallon University, Pittsburg, USA.

An astute entrepreneur, Akintilo early in his career worked as a system analyst with International Business Machines, IBM, Lexington, Kentucky, USA. He also worked as a consultant for the Federal Government at the Lagos consultancy unit of the Nigerian Institute of Social and Economic Research, NISER. His brief covered conceptualization, design, negotiations and monitoring of industrial projects.

He served as a member of the Ministerial Committee on Electric Power Sector Reform Implementation Committee, BPE.

He later founded Akin-Sulaimon Franklin and Associates, a firm which provides consultancy services for Oil and Gas projects.

Founder of Oil and Gas Publications Ltd, Akintilo in his position as Chairman/Publisher is involved with actualization of the company’s projects including Nigeria’s Oil and Gas Annual and the Who’s Who in the Nigerian Oil and Gas Industry.

 

Editor

Roland Obasa, Editor of Who’s Who in the Nigerian Oil and Gas Industry holds degrees in Economics and Journalism. He had his education in Ghana and Britain.

His professional career traverses journalism, economic consulting and public relations.

Obasa has worked in senior editorial positions with some of the leading media organizations in Nigeria, including Nigerian Television Authority, NTA, the Guardian, Corporate Journal, Policy Magazine and Petrobusiness Journal. He has covered and written extensively on the oil industry for almost two decades. At Oil and Gas Publications Ltd, he holds the position of Managing Editor.

 

Chairman/Publisher

Enterprise Bank Partners ICAN

Enterprise Bank Limited said it has been appointed as a lead bank as well as collecting bank for various payment schemes of the Institute of Chartered Accountants of Nigeria (ICAN). A statement from bank said the main platform to process all ICAN payment schemes is the Pay-Direct platform, adding that all branches of the bank have been enabled to seamlessly participate in the collection.
Beside ICAN, the bank also acts as a collecting bank for the Nigerian Ports Authority (NPA), Power Holding Company of Nigeria (PHCN), Joint Admission and Matriculation Board (JAMB) and other educational institutions like the West African Examination Council (WAEC), the National Examination Council (NECO).
The statement assured customers that Enterprise Bank would continue to play a leading role in advancing the implementation of the cashless policy as part of the effort to be the bank of choice to all Nigerian.

CBN Cashless Policy To Go Nationwide June 30

The Central Bank of Nigeria (CBN) has said that cashless policy which is now across six states and Abuja would become effective throughout the country from June 30, 2014. The policy commenced, with the Lagos pilot phase in January 2012, before extending to Rivers, Kano, Ogun, Aba, and Anambra, as well as FCT, Abuja.
Head Shared Services of CBN, Chidi Umeano, said the launch of the cashless policy was as a result of the success of the trials in Lagos and other states, and also due to the demand of other states to benefit from the exercise. He stated that statistics have shown that there has been shift from the traditional cash carrying system to electronic form of payment, including the  Nigerian Electronic Fund Transfer (NEFT), Nigerian Instant Payment (NIP), POS terminal and mobile money.
Speaking on the decision, the Managing Director/Chief Executive Officer, First Bank of Nigeria, Bisi Onasanya, said that the committee looked at developments in the global economy and the impact it is beginning to have on the country and then adopted the decisions reached at the last Monetary Policy Committee meeting.

Transparency: Key to 2013 Bid Round

Following the public awareness from the Department of Petroleum Resources (DPR) concerning the 2013 bid round during the road show, a Workshop was held recently in Lagos to further sensitize potential bidders on the bid round. The aim of the Workshop is to ensure that every participant who wished to own a marginal field is thoroughly equipped with knowledge and recent ideas about the oil industry. It was also discovered according to stakeholders that the major purpose of the marginal fields that were abandoned by the IOCs is to increase the technical knowledge of local operators who have won the bid. Engineer Alex Neyin, a former employee of Chevron, also a former President and Director of the Society of Petroleum Engineers (SPE) with over thirty years experience in the oil and gas industry. Neyin is the Principal Consultant, Gasmock Nigeria Limited, spoke to Nigeria’s Oil & Gas Monthly correspondent, OGODO DOUGLAS, on the reason for the Workshop and why the bid round process should be transparent so as to avoid the pitfalls that previous operators had since only 8 out of 24 marginal fields are producing. The other 16 are yet to find their feet in the industry. Excerpts:

 

From what we have heard from you, it is evident that you have been in this industry for more than thirty years. What can you tell us generally about Nigeria marginal field 2013 bid round?

The direction the DPR is taking is good and it shows transparency and I hope they will keep to it by ensuring that it is followed rigidly without the usual Nigerian hiccup. Everybody is interested and they should make it open and be transparent so that the right people with professional and technical experience will win the bid round. I think that is the best way to go and it will also give credibility to the government within and outside the country. The international community will commend Nigeria as being credible to do it right compared to previous bid round.

 

Why do you think that the 2003 and 2005 bid rounds were not done right?

The bidding process was fairly okay but the necessary inputs that were needed to help the marginal field owners were not done. Some fields are close to the majors but they will not allow the marginal field operators to flow their crude into it. The implication is that they will have to design a new outfit to flow their crude oil into, which cost them more money. It makes it very uneconomical and many of them who won the bid, did not have a clear picture of what they needed to do. They needed more information. DPR should help to talk to the International Oil Companies (IOCs) to allow these people flow their oil into their facilities because they have the capacity to do so.

 

We had questions during the Workshop, and we also heard what you said about 8 over 24 which made previous bid round to be a failure. Some marginal field operators believed that the process is successful in Nigeria. Why are we talking about failure and success at the same time?

People are talking of failure because if you give out 24 leases and only 8 are producing, that is not a good mark. We want to see more of the fields being produced rather than 8 over 24. As we are going into the 2013 bid round, we are going to have 31 fields. If the records we have presently concerning previous bid round is going to be something to go by then what happened should  not repeat itself again. So, that’s why everybody is talking seriously about it to ensure that the rate of success and production by the companies given is higher.

 

Some indigenous operators have been talking about their successes just as we heard from Austin Avuru during his presentation. How can we reconcile their claims from the reality on ground?

We are talking of the marginal fields generally. The industry generally, both at local and international level knows that Nigeria is not where it supposed to be. Based on the knowledge base of the country and the type of people it has, it should do better than what is on ground presently.

 

What advice do you have for the 16 that are still crawling and how can they come up to join the 8?

My advice to them is to go back to the drawing board and do the right things rather than being distracted. They should be more focused. As a marginal field operator, they should be prudent on what to do and how to get the best out of it.

 

You have been talking to potential marginal field owners and those that are interested in 2013 bid round, what advice do you have for them as an experienced consultant with more than 30 years in the oil and gas industry?

They should go ahead to apply and have good faith that it would be done in transparency manner and nobody should give up.

 

You have been emphasizing about this issue of transparency, does it mean that the previous ones were politically motivated?

Well! If you read the newspapers you can see discontentment in a lot of Nigerians. Just read through all the papers. People are feeling that things are not right. For people to be sad and start writing in papers to show their grievances, it means something is wrong some where and they are feeling the pains. If things are done the right way by now there should be development for the marginal field operators. There are indications to prove that the country has not faired well and people are aggrieved on how the industry is run locally. Nigerians are sensitive people. Obviously, the previous bid round was a flop.