• Monday, December 23, 2024
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TotalEnergies EP Nigeria appoints new CFO

TotalEnergies’ Ikike oilfield goes live, targets 50,000bpd

It will deliver peak production of 50,000 barrels of oil equivalent per day by the end of 2022, TotalEnergies said.

TotalEnergies EP Nigeria Limited has announced the appointment of Frederick Asasa as chief financial officer and member of the company’s corporate executive committee with effect from January 1, 2022.

He succeeds Tai Oshisanya, who will retire from the company at the end of March 2022, and brings to the position over three decades of extensive experience in finance, according to a statement.

The company said he joined TotalEnergies in 1999 as head of accounts and had since held several senior positions within the company in Nigeria and at its headquarters in France.

Read also: CEOs Who Made the Difference in 2021 (Part 1)

It said until his appointment, Asasa was the finance controller responsible for group financial reporting activities of affiliates in the North Sea, Russia and Continental Europe at TotalEnergies EP Headquarters in Paris, France.

It said, “He had previously been seconded as finance controller at the Nigeria LNG Limited and more recently as the general manager, deepwater assets’ finance, TotalEnergies EP Nigeria Limited.

“With a bachelor’s degree in Mathematics and an MBA, Mr Asasa is a Fellow, Institute of Chartered Accountants of Nigeria and Fellow of the Chartered Institute of Taxation of Nigeria.”

TotalEnergies EP Nigeria, an affiliate of TotalEnergies, has operated in the upstream sector of the Nigerian oil and gas industry for 60 years and has added over 3.6 billion barrels of oil equivalent to Nigeria’s production to date, according to the statement.

Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy. He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.

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