Ronald Adams has been appointed by Shell as it's new Managing Director of its deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Limited.
This was made known to the public in a statement by Shell Nigeria’s Media Relations Manager, Gladys Afam-Anadu, on Wednesday.
Adams, before this appointment was formerly the Chief Executive Officer of Atlantic LNG, Trinidad and Tobago, who took over from Elohor Aiboni, who was said to have gone on international assignment to Brunei Shell Petroleum as Asset Director.
While addressing the press, the Country Chair, Shell Companies in Nigeria, Osagie Okunbor said, “I’m pleased to welcome Ronald to Nigeria to consolidate and further improve the outstanding performances of Shell Nigeria Exploration and Production Company Limited (SNEPCO) in deep-water production and life-changing social investments across Nigeria.
“I wish to congratulate Elohor for the outstanding deliveries since she took over in August 2021. The assignment in Brunei is another opportunity for excellent contributions to the Shell Group.”
The new Shell Boss is a thirty-two-year veteran of the energy industry having successfully guided both Shell-operated and non-operated ventures through commercial and technical challenges over the years.
Ronald Adams holds a BSc in Chemical Engineering from the University of the West Indies and an MBA specialiZing in Strategic Planning from Herriot-Watt University, Edinburgh, Scotland.
Reacting to his appointment, he said: "I’m excited at the opportunity to be part of the success story of Shell Nigeria Exploration and Production Company Limited (SNEPCO) and look forward to joining the team of talented staff to deliver even more value to stakeholders".
Shell Nigeria Exploration and Production Company Limited (SNEPCO) pioneered Nigeria’s deep-water development in 2005 when it began production at Bonga through the 225,000-barrel-per-day-capacity Bonga Floating, Production, Storage and Offloading vessel, anchored 120 kilometres offshore in the Gulf of Guinea.
On his part, the outgoing MD, Aiboni, noted that it was a great honour to have worked alongside colleagues and external stakeholders to build a safe and cost-disciplined business that continues to lead the way in deep-water operations in Nigeria.
In his words he said: "I’m particularly grateful for the invaluable support and encouragement of our concessionaire and co-venture partners which made the task easier”.