Shell appoints new MD for subsidiary

Shell has appointed Mr Ronald Adams as the new managing director of its deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Limited (SNEPCo).

Gladys Afam-Anadu, Media Relations Manager at Shell, announced in a statement on Tuesday that Adams previously served as the Chief Executive Officer of Atlantic LNG in Trinidad and Tobago.

Afam-Anadu noted that Adams succeeds Elohor Aiboni, who is taking on an international assignment as Asset Director at Brunei Shell Petroleum (BSP).

She said that the two new appointments are effective from Oct. 1.

Osagie Okunbor, Country Chair of Shell Companies in Nigeria, while congratulating Adams, emphasised the importance of consolidating and enhancing SNEPCo’s performance in deep-water production and social investments across the country.

He also congratulated Elohor for her outstanding contributions since taking over in August 2021, adding that her upcoming role in Brunei is another opportunity for contributions to the Shell Group.

With over 32 years of experience in the energy industry, Adams has effectively navigated both Shell-operated and non-operated ventures through various commercial and technical challenges.

He holds a BSc in Chemical Engineering from the University of the West Indies and an MBA specialising in Strategic Planning from Herriot-Watt University in Edinburgh, Scotland.

“I’m excited about the opportunity to be part of SNEPCo’s success story. I look forward to collaborating with our talented team to deliver even more value to our stakeholders,” Adams said.

Reflecting on her tenure, Aiboni said: “It has been a great honour to work alongside my colleagues and external stakeholders to build a safe, streamlined, and cost-disciplined business that leads in deep-water operations in Nigeria.

“I am particularly grateful for the invaluable support from our concessionaire and co-venture partners, which has greatly facilitated our efforts.

SNEPCo pioneered Nigeria’s deep-water development in 2005, commencing production at Bonga through its 225,000-barrel-per-day-capacity Floating Production, Storage, and Offloading vessel, anchored 120 kilometers offshore in the Gulf of Guinea.