International energy expert Prof. Anthony Adegbulugbe has been named the African Man of the Year (oil & gas) for the year 2022 by the African Peace Magazine. He also serves as Chairman of Green Energy International Ltd. (GEIL), which operates the Otakikpo marginal field in OML 11.
This comes after the International African Energy, Oil and Gas Summit was successfully hosted by the London-based publication in Angola in October 2022.
Fransico Edu Ngua Mangue, the ambassador of the Republic of Equatorial Guinea to Nigeria, gave the award to the recipient in Abuja and said it was given in recognition of his company, GEIL, and the recipient’s leadership abilities.
He explained that under Adegbulugbe’s leadership, the company delivered the unprecedented result of increasing oil production from the field from 3,800bbls (barrels of oil per day) to 11000 bbls within 6 months by successfully drilling two new wells.
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Accompanied to the presentation by the Ambassador, Republic of Angola, Represented by Counsellor, N.P Kafikiri and the Publisher of the African Peace Magazine, Noah Ajare who stood in for the Chairman of the publication, Justice Suleiman Galadima, Mangue said the award was intended to encourage high performing Africans to do more to uplift the economic and human capital standards of the African continent.
He commended Adegbulugbe, an MIT USA-trained energy expert for utilizing his expertise in turning a marginal field into a high-performing energy company within a short period.
Responding, Adegbulugbe said the award will spur the management team of the company to do more in actualizing the vision of setting up the company.
He said the company was determined to eliminate gas flaring in the nearest future by ensuring gas utilization from the field for gas to power and LPG extraction, with projects in the completion stages.
“We are silently but surely implementing the vision of our company to make the Otakikpo marginal field a crude export terminal hub for several stranded marginal field in the Niger Delta area , thus unlocking value for the Nigerian economy”, Adegbulugbe stated.
Story adapted from ThisDay
