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Oando Acquires Oil Block In Angola

Oando Plc  Favour Ifeoluwa & Akinola Ajibade  Oando Plc  says it has completed and won the bid for the operatorship of oil block KON 13 in Angola. The firm which recently acquired Eni of Italy’s oil assets in Nigeria, said that the award of the oil block located in Angola’s onshore Kwanza Basin followed a competitive bidding process by the country’s oil and gas sector regulator. It further said hat the asset in which it owns 45 per cent participating interest, has estimated prospective resources of 770 to 1,100 million barrels of oil. Oando is handling its operations relating to the asset through its upstream subsidiary, Oando Energy Resources (OER). “Oando Plc,  Africa’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange is pleased to announce that its upstream subsidiary, Oando Energy Resources (OER), has been awarded operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin, following a...
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Shell Appoints Gbobo as New MD of its Gas Company


By Favour & Akinola Ajibade


Shell  has announced the appointment of Mr. Ralph Gbobo as the Managing Director of its gas distribution company, Shell Nigeria Gas Limited, with effect from 1st July 2023.

He succeeds Ed Ubong who has taken up a new position within the Shell group.

Prior to this period,  Ralph was the Manager, Commercial and Non-Operated Venture of The Shell Petroleum Development Company of Nigeria Limited (SPDC) and Shell Shareholders Representative for the seven SPDC onshore non-operated venture assets. He comes to SNG with a wealth of oil and gas industry experiences. SNG is part of the Shell Energy business line in Nigeria,a statement said.

“Ralph’s appointment is a product of diligence, competence and commitment to Shell’s core values and our drive to powering progress by delivering more and cleaner energy to businesses in Nigeria,” General Manager, Shell Energy Nigeria, Markus Hector,quoted in the statement.

Ralph will be responsible for leading SNG and safely delivering its domestic gas growth aspirations. He is passionate about unlocking the domestic gas-to-energy value chain to support the development of the Nigerian economy.

Speaking on his appointment,Ralph said: “I am filled with humility and resolve to spark innovation, promote sustainable growth, and create shared value for all. Collaboratively, we will drive advancements, empower communities, and demonstrate outstanding performance in our mission to achieve a cleaner, and promising energy future for Nigeria.”

His 21-year career in Shell has seen him move from the crude and products supply and trading development in the downstream to several other roles in the upstream, including Commercial Manager Crude Handling and Gas Integration Manager roles.

He holds Master’s degree in chemical engineering and an MBA.

He has a strong zeal for nurturing talent and manages a diverse team that aims to bridge the Nigerian energy gap.

According to the statement,Ralph is a father of four boys/men and his interests include fishing, sailing, travelling and golf.

 

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