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Meet Falade, NLNG’s New CEO

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Adeleye Falade has formally mounted the saddle as the Managing Director and Chief Executive Officer (MD/CEO) of the Nigeria LNG Limited (NLNG).

He took up the role on Wednesday at the company’s Corporate Head Office in Port Harcourt, succeeding Philip Mshelbila, who was recently appointed secretary-general of the Gas Exporting Countries Forum (GECF).

Falade brings nearly three decades of experience in the global oil and gas industry, with extensive leadership exposure across the LNG and petroleum value chain. Over the course of his career within the Shell Group, he has built a distinguished record across upstream and midstream operations in Europe, Asia, the Middle East, Russia, and Africa.

His professional expertise spans gas and petroleum operations, production optimisation, engineering, operational excellence, business improvement, and change management. He has also held several senior technical and leadership roles within Shell and its affiliated companies, gaining broad exposure to complex operational environments, multinational joint ventures, and the management of diverse, multicultural teams.

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Prior to his appointment as managing director and chief executive officer of NLNG, Falade served as managing director of Brunei LNG Sendirian Berhad, a position he assumed in April 2024. In that role, he led one of the world’s established LNG producers and oversaw strategic operational delivery within Brunei’s LNG sector.

Earlier in 2023, he was appointed country chair for Shell Namibia, where he provided strategic leadership for Shell’s operations and stakeholder engagement in the country.

Before taking on these international leadership assignments, Falade held key senior roles at NLNG. Between May 2019 and September 2023, he served as General Manager, Production, where he was responsible for ensuring production reliability, plant performance, and operational safety across NLNG’s world-class LNG facilities on Bonny Island.

Earlier in his career, he served as operations manager at NLNG from July 2015 to May 2018, overseeing plant operations and operational performance. He later moved to the Netherlands as Regional Asset Management System (AMS) implementation manager at Shell in The Hague between May 2018 and April 2019. In that role, he led the deployment of asset management systems aimed at improving operational efficiency and reliability across Shell’s global assets.

Falade has a Bachelor’s degree in Electrical/Electronics Engineering at the University of Ibadan. He also obtained a Master of Business Administration (MBA) from Henley Business School, University of Reading, United Kingdom, further strengthening his strategic and leadership capabilities in the global energy sector.

Falade is a Fellow of the Nigerian Society of Engineers (FNSE) and a registered member of the Council for the Regulation of Engineering in Nigeria (COREN). He is also a member of the Society of Petroleum Engineers (SPE).

Falade assumes leadership of NLNG at a pivotal time for the company and the global LNG industry. The company recently secured long-term Gas Supply Agreements (GSAs) with six third-party suppliers to strengthen feedgas supply to its Bonny Island trains. This comes as the Train 7 expansion project nears completion, a development expected to significantly boost NLNG’s production capacity and reinforce Nigeria’s position in the global LNG market.

Fadale joins a fully Nigerian management team at NLNG, demonstrating the company’s sustained commitment to developing indigenous leadership and strengthening local capacity within the organisation.

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Adoption of AI Feature as NIPetGE Pays Courtesy Call at NNPC Ltd

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Enhanced adoption of artificial intelligence and other digital technologies to improve operations in Nigeria’s oil and gas industry is taking the centre stage in relevant circles.

The issue came up strongly when the President-elect of the Nigerian Institute of Petroleum and Gas Engineers NIPetGE, Prisca Kanebi, paid a courtesy call at the Nigerian National Petroleum Company Limited (NNPC Ltd), Abuja.

Biztellers reports that the Kanebi led delegation was received by the Group Chief Executive Officer of the NNPC Ltd, Bayo Ojulari, represented by the Executive Vice President, Gas, Power and New Energy, Olalekan Ogunleye.

According to a statement made available on Sunday, discussions at the meeting focused on the future of Nigeria’s hydrocarbon industry amid global energy transition concerns, technological changes and sustainability targets.

ALSO READ: NNPC Ltd, IOCs Raise Crude Supply to Local Refineries by 103% in 4 Months

The statement indicated that the NNPC Ltd acknowledged the role of NIPetGE in policy advocacy, technical development and innovation within the sector.

Speaking during the meeting, Kanebi highlighted recommendations from the institute’s recent conference, including the proposed establishment of a national centre for intelligent energy systems to support the deployment of artificial intelligence, the Internet of Things and robotics across the petroleum value chain.

She also commended the Federal Government’s decarbonisation efforts and reiterated the institute’s support for policies aimed at improving sustainability in the industry.

The institute also recommended the creation of a hydrocarbon-linked emissions trading system to allow Nigeria to take part in global carbon markets.

The institute also proposed fiscal incentives to support local manufacturing and service delivery in the oil and gas sector, as well as the expansion of the Energy Transition Plan to include measurable upstream decarbonisation targets backed by tax credits.

Other proposals included increased public-private partnerships in emission control infrastructure, carbon capture projects and hybrid renewable energy initiatives.

Both organisations also stressed the need for stronger collaboration between industry and academic institutions to improve professional capacity and align petroleum engineering practice in Nigeria with international standards.

The institute further disclosed that its bill seeking chartered status had passed second reading and was progressing towards a third hearing at the National Assembly.

It added that NNPC Ltd pledged support for future collaborations with the institute on initiatives aimed at improving efficiency and innovation in the energy sector.

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FHC Orders NUPRC to Comply with PIA

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Local Firms Lead Revival of Idle Oil Wells – SPE

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Nigeria’s indigenous oil and gas companies are reopening dormant wells and ramping up production from assets acquired from international oil companies (IOCs) to boost crude oil output.

The Society of Petroleum Engineers (SPE), Nigeria Council, made the assertion through its Chairman, Francis Nwaochie, on the sideline of the Offshore Technology Conference (OTC) which ended at the weekend in Houston, Texas.
Nwaochie said indigenous operators were already taking advantage of opportunities created by disruptions in the global energy market to increase production from existing assets.

According to him, local firms that recently acquired onshore and shallow water assets from IOCs were aggressively reviving inactive wells and maximizing available infrastructure to raise output levels.

“What we are seeing now is that indigenous companies are reopening wells from the assets they acquired from the IOCs. Some of them have almost doubled production from those existing assets,”.

He explained that the renewed focus on dormant wells and existing facilities had become critical at a time the global oil market was facing supply shortages triggered by geopolitical tensions in the Middle East.

The SPE Nigeria Council Chairman noted that Africa, particularly Nigeria, was well positioned to benefit from the supply gap because of the continent’s relative stability compared to some other oil-producing regions.

“There is a huge opportunity for Africa right now. The focus is gradually shifting to Africa because of the volatile environment in many other producing regions.”

He stated that indigenous operators were leveraging digital technologies, financing opportunities and local expertise to improve production efficiency and optimise existing fields.

He added that stronger implementation of local content policies was also helping to create a more stable operating environment for oil and gas investments.

“Local content is very critical. Once communities and local companies clearly understand their roles and benefits, then you create peace across the industry. Business only thrives in peaceful environments.”

ALSO READ: Nigerian Navy Recovers Large Cache of Illegal Refined Petroleum Products

Nwaochie also stressed the need for Nigeria to move beyond crude oil production and begin developing indigenous technologies for the energy industry.

According to him, SPE Nigeria Council was actively supporting innovation and technology development among young Nigerian engineers and researchers.

He disclosed that the association was engaging the National Universities Commission(NUC) on reforms to engineering curricula in universities to better prepare graduates for the future of the energy industry.

“One of our major focuses in SPE is technology development. We should not only import machines and equipment, we must begin to develop our own technologies locally.”

Nwaochie revealed that SPE was already supporting local innovators working on technologies such as remotely operated underwater vehicles (ROVs), noting that indigenous technology development will strengthen Nigeria’s economy and deepen local participation in the oil and gas sector.

“We may not get everything right immediately but we must start somewhere. That is how countries that dominate the global energy industry built their capacities.”

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