Petralon Energy, an indigenous oil exploration and production company, has appointed Uduak Equere as its executive director, effective January 5, 2026.
Uduak will continue to serve as chief commercial officer and as an executive director of Petralon 54, a subsidiary of Petralon Energy, while also assuming expanded responsibilities at the group level. His appointment reflects leadership that has consistently delivered value across commercial development, corporate finance, and operational execution.
Robust Energy Sector Experience
Before joining Petralon Energy, Uduak had built significant commercial and financial expertise across leading energy and investment institutions. He began his career at Vetiva Capital Management as an Investment Analyst, where he covered energy sector equities, shaped market perspectives on Nigeria’s oil, gas, and power sectors, and regularly appeared on CNBC Africa.
He was also at Afren Plc, where he acquired robust experience that further strengthened his deal execution capabilities. He was part of the teams that expanded the company’s asset base through large-scale acquisitions, mitigated material contingent liabilities, and optimised fiscal outcomes across joint venture assets.
Earlier, at Xodus Group Africa, he delivered petroleum economic assessments for significant upstream developments, including advisory work on Africa Finance Corporation–backed transactions spanning acquisitions and debt funding across Africa.
Uduak is a member of the International Association for Energy Economics (IAEE) and completed the Energy Innovation and Emerging Technologies programme at Stanford University’s Centre for Professional Development. Most recently, he completed the Accelerated Development Programme at London Business School, strengthening his readiness for more strategic leadership responsibilities.
He holds an MBA in Finance from Imperial College Business School, London, and a B. Sc in Economics from the University of Uyo, where he was the Best Graduating Student in his department.
