People on the move

Algerian state energy firm Sonatrach replaces CEO

March 21, 2017 | Algeria, People on the move

Algiers, Algeria | –  Algerian state energy firm Sonatrach has replaced Chief Executive Amine Mazouzi after less than two years in the job, naming Abdelmoumen Ould Kadour to replace him, the energy ministry said on Monday. A statement from the ministry gave no reason for the change. Ould Kadour is an engineer who graduated from the Massachusetts Institute of Technology and headed U.S.-Algerian firm Brown & Root Condor in the 1990s. Since last year, Sonatrach has begun to reverse a stagnation in its oil and …

President Dos Santos daughter cleared to head Angola oil giant

December 30, 2016 | Angola, People on the move

London, UK | – Angolan president Jose Eduardo dos Santos’s daughter, reportedly Africa’s richest woman, has been cleared to head the national oil company Sonangol, after a court rejected a legal challenge. Isabel dos Santos was put in charge of Sonangol in June in a move some analysts said was the first sign of succession plans for the country’s long-time ruler. The president, in power since 1979, later announced that he would stand down in 2017, though no successor has officially been named. His daughter’s …

Nigeria’s Mohammed Barkindo appointed OPEC Secretary- General

June 03, 2016 | Nigeria, OPEC, People on the move

Abuja, Nigeria | – The Nigerian National Petroleum Corporation (NNPC) said diplomatic shuttles by the Minister of state for Petroleum Resources, Dr Ibe Kachikwu, helped in the appointment of Mr Mohammed Barkindo as the new Secretary General of OPEC. This is contained in a statement signed by Malam Garba Deen Muhammad, the Group General Manager, Group Public Affairs Division, NNPC, on Friday in Abuja. “After months of shuttle diplomacy anchored by Dr Ibe Kachikwu, Nigeria’s quest to clinch the top job at OPEC, yielded dividend …

Angolan president makes billionaire daughter state oil firm chief

June 03, 2016 | Angola, People on the move

Lunada, Angola | – Angolan President Jose Eduardo dos Santos has appointed his billionaire businesswoman daughter Isabel as head of state energy firm Sonangol in a shake-up that cements his dynastic grip on power in a major African oil exporter. Isabel, ranked as Africa’s richest woman by Forbes, would become chief executive after the firing of Sonangol’s board, a presidential decree carried on Angolan state media said. Angola, currently Africa’s top oil producer because of supply outages caused by militant attacks in Nigeria’s Niger Delta, …

Buhari seeks Kachikwu’s replacement as NNPC GMD

November 04, 2015 | Nigeria, People on the move

Abuja, Nigeria | – The Group Managing Director of Nigeria’s state-owned oil company NNPC,  Emmanuel Ibe Kachikwu, following his ministerial nomination, Senate careening and expected inauguration as a member of President Muhammadu Buhari’s cabinet, there are indications that President Buhari has begun moves for Kachikwu’s replacement as the NNPC boss. Reliable sources revealed that Buhari’s choice has already landed on three persons, including the Deputy Managing Director of the Nigeria Liquefied Natural Gas (NLNG), Alhaji Isa Mohammed Inuwa. Kachikwu, who was appointed by the President …

President Buhari appoints Ibe Kachikwu as new GMD of NNPC

August 04, 2015 | Nigeria, People on the move

Abuja, Nigeria | – President Muhammadu Buhari has appointed Dr. Emmanuel Ibe Kachikwu as the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC). Dr. Kachikwu, who was the Executive Vice Chairman and General Counsel of Exxon-Mobil (Africa), is to take over from Dr. Joseph Thlama Dawha. Dr. Kachikwu hails from Onicha-Ugbo in Delta State. He is a First Class Graduate of Law from the University of Nigeria, Nsukka and the Nigerian Law School. The new NNPC Chief Executive also has Masters and Doctorate …

President & CEO of South Africa’s Sasol to step down in 2016

June 09, 2015 | People on the move, South Africa

Johannesburg, South Africa | – The president and chief executive officer of  South Africa’s international integrated energy and petrochemicals group Sasol will not extend his contract beyond May next year and will move into an advisory role, the company said on Monday. David Constable was appointed in 2011 and led Sasol’s expansion plans in southern Africa and North America. Sasol did not provide reasons for Constable’s decision. Sasol’s chairperson Mandla Gantsho said in a statement the company’s board of directors would identify and appoint an accomplished leader to replace …

Afren announces Non-Executive Director resignations

May 19, 2015 | Company Operations, People on the move

London, UK | – Africa-focused international independent oil exploration and production company, Afren  announced Monday that Peter Bingham and John St John will resign as non-executive directors. The changes will take effect from the close of the company’s 2015 annual general meeting, which is scheduled to be held on June 25, 2015. Peter Bingham and John St John served as company directors since May 2005 and June 2007, respectively. Afren Executive Chairman Egbert Imomoh commented in a company statement: “On behalf of the board, I …