KEY POINTS
- Ronald Adams named new managing director of SNEPCo.
- Elohor Aiboni takes on international role with Brunei Shell.
- SNEPCo pioneered Nigeria’s deep-water production with Bonga in 2005.
Shell appointed Ronald Adams as the new managing director of its deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Limited.
Gladys Afam-Anadu, the media relations manager for Shell Nigeria, announced this on Tuesday.
Adams, previously the CEO of Atlantic LNG in Trinidad and Tobago, succeeds Elohor Aiboni, who has taken up an international assignment with Brunei Shell Petroleum as asset director.
“Both appointments take effect today, October 1,” the statement said.
Ronald Adams takes over as SNEPCo managing director
Shell Companies in Nigeria Country Chair Osagie Okunbor said, “I’m pleased to welcome Ronald to Nigeria to consolidate and further improve the outstanding performance of SNEPCo in deep-water production and life-changing social investments across Nigeria.”
Okunbor also congratulated Aiboni: “I wish to congratulate Elohor for her outstanding achievements since taking over in August 2021. The assignment in Brunei is another opportunity for her to make excellent contributions to the Shell Group.”
Adams is a 32-year veteran of the energy industry, having successfully guided both Shell-operated and non-operated ventures through commercial and technical challenges. He holds a Bachelor of Science in chemical engineering from the University of the West Indies and an MBA in strategic planning from Heriot-Watt University in Edinburgh, Scotland.
“I’m excited at the opportunity to be part of the success story of SNEPCo and look forward to joining the team of talented staff to deliver even more value to stakeholders,” Adams said.
Outgoing MD Elohor Aiboni heads to Brunei Shell Petroleum
According to a report by Punch, outgoing managing director Aiboni said it was a tremendous honour to work alongside colleagues and external stakeholders to build a safe, streamlined, and cost-disciplined business that continues to lead 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 said.
SNEPCo pioneered Nigeria’s deep-water development in 2005 when it began production at Bonga via the 225,000-barrel-per-day-capacity Bonga floating production, storage, and offloading vessel, anchored 120 kilometres offshore in the Gulf of Guinea.
