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Arbiterz Conference – From License to Oil: Fundraising for Marginal Fields

Oluwatomi Otuyemi

May 6, 2022

On April 28, leading legal and financial experts and experienced oil and gas sector professionals gathered at the Southern Sun Ikoyi to discuss how Nigerian independent oil and gas producers could attract funding and increase production. The conference, sponsored by Niger Delta Exploration and Production Company and SellyFak Energy Services, took place against the backdrop of Nigeria’s inability to meet its OPEC crude oil export quota and major divestments by the international oil companies. A total of 24 experts from 23 organisations spoke at the conference. The Keynote Address was given by Engineer Gbenga Komolafe, the CEO, Nigeria Upstream Petroleum Regulatory Agency (NUPRC), represented by Mr. Edu Iyang, Head of Basinal Assessment and Lease Administration at the NUPRC.

Edu I. Iyang, Head, Basinal Assessment and Lease Administration, NUPRC

Gbite Falade, MD/CEO, Niger Delta Exploration & Production Plc (NDEP)

Stanley Fagbule, Managing Director, SellyFak Energy Services Limited

L-R: Anthony Osae – Brown, Bureau Chief, Bloomberg Nigeria; Dr. Tominiyi Owolabi, Managing Partner, Olaniwun Ajayi LP; Dr. Abimbola Agboluaje, Founder, Arbiterz Limited and Asiata Atinuke Agboluaje, Partner, Tax & Regulatory, Deloitte Nigeria.

L-R: Ayodele Fasakin, CEO, Tritekk Consulting Limited & Former Geoscience Business Manager, France, Schlumberger; Toyin Akinosho, Managing Partner, Upstream Information Update-Energy Intelligence Consulting; Onoakpoma Ohimor, Executive Director, Watershed Capital Limited, Former Upstream & Gas Unit, First Bank & Intercontinental Bank and Collins Ibekwe, Subsurface Manager, Energy & Mineral Resources Limited.

L-R: Dr. Tominiyi Owolabi, Managing Partner, Olaniwun Ajayi LP and Asiata Atinuke Agboluaje, Partner, Tax & Regulatory, Deloitte Nigeria.

L-R: Chuks Onwunali, Executive Director, Torxen Energy Resources Ltd, Former General Manager, Gas Devt, Conoil Producing Ltd. & former Senior Commercial Advisor, Shell and Onoakpoma Ohimor, Executive Director, Watershed Capital Limited, Former Upstream & Gas Unit, First Bank & Intercontinental Bank.

Also Read: Experts Advises Marginal Field Operators on Funding Strategy

L-R: Israel Aye, Partner, Commercial & Energy Law Practice CANDELP and Pacer Guobadia, Partner, ENR Advisory & Former Counsel Total E&P.

L-R: Dr. Abimbola Agboluaje, Founder, Arbiterz Media; Dapo Adeyemo and Chuks Onwunali, Executive Director, Torxen Energy Resources Ltd, Former General Manager, Gas Devt, Conoil Producing Ltd. & former Senior Commercial Advisor, Shell.

L-R: Toyin Akinosho, Managing Partner, Upstream Information Update-Energy Intelligence Consulting and Onoakpoma Ohimor, Executive Director, Watershed Capital Limited, Former Upstream & Gas Unit, First Bank & Intercontinental Bank.

L-R: Afolabi Elebiju, Principal, Lelaw Barristers & Solicitors; Chuks Onwunali, Executive Director, Torxen Energy Resources Ltd, Former General Manager, Gas Devt, Conoil Producing Ltd. & former Senior Commercial Advisor, Shell; Stanley Fagbule, Managing Director, SellyFak Energy Services Limited and Gbite Falade, MD/CEO, Niger Delta Exploration & Production Plc (NDEP).

Abdur-Rasheed Tunde Omodiya, Managing Director, QSOL Consulting DMCC, Former Regional Manager, Schlumberger and Folashade Ambrose-Medebem, Managing Partner, TPR Africa & Former Director, Communication, Public Affairs and Sustainable Development, Lafarge Africa Plc

L-R: Israel Aye, Partner, Commercial & Energy Law Practice CANDELP; Chuks Onwunali, Executive Director, Torxen Energy Resources Ltd, Former General Manager, Gas Devt, Conoil Producing Ltd. & former Senior Commercial Advisor, Shell; Dr. Abimbola Agboluaje, Founder, Arbiterz Media and Afolabi Elebiju, Principal, Lelaw Barristers & Solicitors.

L-R: Onoakpoma Ohimor, Executive Director, Watershed Capital Limited, Former Upstream & Gas Unit, First Bank & Intercontinental Bank; Segun Ashiru, Founder/Chief Executive DuPiaza Energy Services Limited, Dr. Babatunde Carim, Board Chairman, DuPiaza Energy Services Limited and Dr. Abimbola Agboluaje, Founder, Arbiterz Media

L-R: Segun Ashiru, Founder/Chief Executive DuPiaza Energy Services Limited, Dr. Babatunde Carim, Board Chairman, DuPiaza Energy Services Limited and Onoakpoma Ohimor, Executive Director, Watershed Capital Limited, Former Upstream & Gas Unit, First Bank & Intercontinental Bank.

L-R: Stanley Fagbule, Managing Director, SellyFak Energy Services Limited; Gbite Falade, MD/CEO, Niger Delta Exploration & Production Plc (NDEP); Chuks Onwunali, Executive Director, Torxen Energy Resources Ltd, Former General Manager, Gas Devt, Conoil Producing Ltd. & former Senior Commercial Advisor, Shell and Afolabi Elebiju, Principal, Lelaw Barristers & Solicitors.

L-R: Segun Ashiru, Founder/Chief Executive DuPiaza Energy Services Limited; Mr Dapo Adeyemo and Dr. Abimbola Agboluaje, Founder Arbiterz Limited at the conference.

L-R: Dr. Abimbola Agboluaje, Founder, Arbiterz Media Limited; Ayodele Fasakin, CEO, Tritekk Consulting Limited & Former Geoscience Business Manager, France, Schlumberger; Abdur-Rasheed Tunde Omodiya, Managing Director, QSOL Consulting DMCC, Former Regional Manager, Schlumberger; Folashade Ambrose-Medebem, Managing Partner, TPR Africa & Former Director, Communication, Public Affairs and Sustainable Development, Lafarge Africa Plc; Emmanuel Afimia, Managing Consultant/CEO, Enermics Consulting Limited; Asiata Atinuke Agboluaje, Partner, Tax & Regulatory, Deloitte Nigeria; Gbite Falade, MD/CEO, Niger Delta Exploration & Production Plc (NDEP); Afolabi Elebiju, Principal, Lelaw Barristers & Solicitors and Stanley Fagbule, Managing Director, SellyFak Energy Services Limited at the conference.

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Oluwatomi Otuyemi

Oluwatomi Otuyemi, a Geology graduate from Crawford University, has 5 years experience in corporate corporate communications. He has a passion for storytelling, and investigative reporting.

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