Business & Finance

Kachikwu, Others To X-ray Nigeria’s Oil Industry


The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu and other industry stakeholders will converge on Abuja next month to provide insights into the way forward for the Nigerian oil and gas industry amid the low oil price environment.

The Society of Petroleum Engineers, Nigeria, said Kachikwu had confirmed his participation as the guest of honour and host minister at the 25th edition of its Annual Oloibiri Lecture Series and Energy Forum taking place on March 3, 2016.

According to a statement signed by the Chairman, Planning Committee, SPE OLEF 2016, Mr. Francis Dike, the Secretary-General of the Organisation of Petroleum Exporting Countries, Abdallah El-Badri and Nigeria’s Senate President, Bukola Saraki, are expected as special guests of honour at the occasion.

The Chairman, SPE Nigeria Council, Mr. George Kalu, was quoted as saying this year’s edition would bring together experienced exploration and production industry experts, who would provide insights into how to advance Nigeria’s oil and gas activities to mitigate the effect of low oil prices and chart the right course towards sustainable future for the industry.

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According to the statement, among the confirmed E&P executives that will speak at the event are the Managing Director/Chief Executive Officer, First E&P Development Company, Mr. Ademola Adeyemi-Bero; the Director, Department of Petroleum Resources, Mr. Modecai Baba-Ladan; the Managing Director, Shell Nigeria Exploration and Production Company, Mr. Bayo Ojulari; the Managing Director, ExxonMobil Nigeria, Mr. Nolan O’Neal; the Group Executive Director, E&P NNPC, Dr. Maikanti Baru, and the Chairman, PETAN and Managing Director, Oildata Inc., Mr. Emeka Ene.

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