NDEP PLC ANNOUNCES NEW EXECUTIVE APPOINTMENTS

Niger Delta Exploration & Production (NDEP) Plc, a foremost Independent Integrated Energy Company in Nigeria, has announced the appointments of Mr. Ebenezer Ageh and Mr. Temitayo Ogunbanjo as Chief Technical Officer and General Manager, Refinery, respectively.

According to the Chairman of NDEP, Mr. Ladi Jadesimi, the appointments are “in continuation of the company’s ongoing, forward-looking preparations for the new challenges of growth and transformation as the emerging leading Nigerian Independent Energy Company”.

Mr. Ageh, the Chief Technical Officer, has over 25 years of experience with a proven record of accomplishments in deep water production operations in the U.S. Gulf of Mexico (Mars Basin), Offshore West Africa (Bonga Main Development, Bonga North Project & EA) and Onshore Assets in Nigeria. During this time, he managed various production engineering projects for Shell across the globe and championed LEAN initiatives in Shell Operations in Sub Saharan Africa.

He is a PhD holder in Leadership from the Dallas Baptist University, Texas, USA. He also holds Bachelors (B.Eng.) and a Master of Science (M.sc) in Chemical Engineering from the Ahmadu Bello University, Zaria, Nigeria and has attended various executive management programs at Harvard Business School, IMD Business School and the London Management Center.

He is also a professional member of the Society of Petroleum Engineers (SPE), the Nigerian Society of Engineers (NSE) and the Nigerian Society of Chemical Engineers (NSCE).

Prior to this appointment, he served as the Chief Operating Officer for First Hydrocarbon Nigeria from 2016 to 2020, during which he led the rapid turnaround of OML 26 to a high performing asset with significant increases in its resource base and improved operational efficiency across the company.

Mr. Ogunbanjo, the General Manager, Refinery, has over 20 years of experience in the downstream sector with core competencies in General Management, Strategy & Execution, Operations & Supply Chain. He has served in various capacities such as Managing Director, Integrated Oil & Gas Limited, Chief Marketing Officer, Oando Supply & Trading and Head, Energy Investments, Ocean & Oil Holdings.

He holds an MBA from the Cardiff Business School, as well as a Bachelor’s degree in Economics from the Obafemi Awolowo University.  He attended the Senior Executive Program at Harvard Business School. He is a professional member of the Institute of Directors (IOD) Nigeria, Nigeria Economic Summit Group (NESG) and the Energy Institute UK.

Prior to this appointment, he served as the Managing Director for Levene Trading Limited from 2018 to 2020, where he was responsible for managing the trading business of the company.

The MD/CEO of NDEP, Mr. ‘Gbite Falade affirms that these appointments represent bold steps that the company is making to deepen its human capital, while increasing the company’s execution capacity. In his words, “NDEP is set for increased value creation, and development of its critical human resources”.

Notes to Editors

Niger Delta Exploration & Production Plc (NDEP) is a foremost Independent integrated Energy Company. Incorporated on March 25, 1992 (as the Midas Drilling Fund) it assumed its current name in November 1996. The Company offers its shareholders investment opportunities in   exploration, production and development of oil and natural gas. It also invests in downstream and midstream assets. The Company attained First Oil from its flagship asset – The Ogbele marginal Field on August 28th, 2005 and has successfully produced crude oil from more than ten wells it had drilled so far. Today NDEP is Nigeria’s foremost independent energy company, delivering critical energy solutions in a sustainable and responsible way. NDEP is the future of the Energy industry in Nigeria and Africa.

NDEP operates through its subsidiaries and its affiliate company:

  • Niger Delta Petroleum Resources Limited (NDPR) is a wholly owned subsidiary of NDEP, as well as the Operator of the Ogbele Joint Venture.
  • ND Western Limited is a consortium of four companies: Niger Delta Petroleum Resources Ltd., Petrolin Group, First Exploration & Petroleum Development Company Ltd. and Waltersmith Petroman Oil Ltd.
  • ND Gas Development Company Limited, a wholly owned subsidiary established to pursue investment opportunities in the gas sector.
  • ND Properties Limited, also a wholly owned subsidiary established to pursue NDEP’s property interests.
  • ND Refineries Ltd., an independent operating midstream entity, underscoring NDEP’s commitment to propelling the country towards attaining ‘Energy Independence’.

For further information please refer to our website, www.ngdelta.com

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