Shell has appointed Ronald Adams as the new Managing Director of its deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Limited.
This was contained in a statement by Shell Nigeria’s Media Relations Manager, Gladys Afam-Anadu, on Tuesday.
Adams, formerly the Chief Executive Officer of Atlantic LNG in Trinidad and Tobago, takes over from Elohor Aiboni, who has proceeded on international assignment to Brunei Shell Petroleum as Asset Director.
“Both appointments take effect today (October 1),” the statement emphasized.
Reacting, the Country Chair of Shell Companies in Nigeria, Osagie Okunbor, said, “I’m pleased to welcome Ronald to Nigeria to consolidate and further improve the outstanding performances of SNEPCo in deep-water production and life-changing social investments across Nigeria.”
“I wish to congratulate Elohor for the outstanding deliveries since she took over in August 2021. The assignment in Brunei is another opportunity for excellent contributions to the Shell Group.”
But who is Ronald Adams?
Ronald is a thirty-two-year energy industry veteran, having successfully guided both Shell-operated and non-operated ventures through commercial and technical challenges.
He holds a BSc in Chemical Engineering from the University of the West Indies and an MBA specializing in Strategic Planning from Herriot-Watt University in Edinburgh, Scotland.
“I’m excited about the opportunity to be part of the success story of SNEPCo and look forward to joining the talented staff to deliver even more value to stakeholders,” Ronald was quoted as saying.
The outgoing MD, Aiboni, noted that it was a great honor to work alongside colleagues and external stakeholders to build a safe, simpler, and cost-disciplined business that continues to lead the way in deep-water operations in Nigeria.
“I’m particularly grateful for the invaluable support and encouragement of our concessionaire and co-venture partners, which made the task easier,” she added.
SNEPCo pioneered Nigeria’s deep-water development in 2005 when it began production at Bonga through the 225,000-barrel-per-day-capacity Bonga Floating Production, Storage, and Offloading vessel, anchored 120 kilometers offshore in the Gulf of Guinea.
