{"id":10306,"date":"2021-05-10T10:57:47","date_gmt":"2021-05-10T10:57:47","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=10306"},"modified":"2021-05-10T10:57:47","modified_gmt":"2021-05-10T10:57:47","slug":"heirs-oil-gas-announces-ceo-and-board-appointments","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/heirs-oil-gas-announces-ceo-and-board-appointments\/","title":{"rendered":"Heirs Oil &#038; Gas Announces CEO and Board Appointments"},"content":{"rendered":"<p>Heirs Oil &amp; Gas (HHOG) \u00a0has announced the appointment of\u00a0<strong>Osayande Igiehon<\/strong>\u00a0as Chief Executive Officer, effective May 4, 2021, together with a distinguished non-executive board, bringing together leading industry figures, with considerable global and regional experience.<\/p>\n<p>Heirs Holdings Limited\u2019s (HH) portfolio company, HHOG, completed the acquisition of OML17 in January 2021, in one of the largest oil and gas financings in Africa in more than a decade, with a financing component of US$1.1 billion. The transaction represents a further implementation of the HH Group strategy of creating the leading integrated energy business in Africa. Through a series of strategic portfolio holdings, HH is executing this strategy. Most recently, affiliate company, Transcorp made a US$300 million acquisition of Afam Power, increasing the Group\u2019s installed electricity generating capacity to 2,000MW.<\/p>\n<p>Mr. Igiehon, who joins from the Royal Dutch Shell (Shell), where he was previously a Vice-President with the Group in the Hague, Netherlands. He brings over twenty-seven years of experience and expertise in the oil and gas sector with Shell, where he held a series of senior management positions. Mr. Igiehon previously served as Chairman and Chief Executive Officer of Shell Gabon, where he led the successful turnaround of the operational, safety and financial performance.<\/p>\n<p>HHOG is also pleased to announce the appointment of the following distinguished private sector and senior industry leaders to the Board:<\/p>\n<ul>\n<li class=\"first\"><strong>Tony O. Elumelu, CON\u00a0<\/strong>is the Chairman of Heirs Holdings, the United Bank for Africa (UBA), Transnational Corporation of Nigeria (Transcorp), and Founder of the Tony Elumelu Foundation.<\/li>\n<li><strong>Sally Udoma<\/strong>\u00a0who previously served as general counsel for Chevron Europe, Eurasia, and the Middle East Exploration and Production. Previously, she was general counsel for Sasol Chevron Consulting Limited and managing counsel at the London Legal Service Centre for Chevron Global Upstream and Gas. She has also served as general counsel and general manager for Chevron Nigeria Limited.<\/li>\n<li><strong>Anil Dua<\/strong>\u00a0is a founding partner at Gateway Partners Limited, a private equity fund specialising in dynamic growth markets including Africa, the Middle East and Asia. Prior to this, Mr. Dua worked for over thirty-five years with Standard Chartered Bank in Asia, Africa, Europe and the US, where he held various roles including Regional CEO West Africa and Regional Head of Origination and Client Coverage, Africa.<\/li>\n<li><strong>Ahmadu Kida Musa<\/strong>\u00a0who previously served as Deputy Managing Director of Total Exploration and Production Nigeria Limited, has over thirty-two years of experience in the Oil and Gas industry and brings considerable expertise in Nigerian oil and gas.<\/li>\n<li><strong>Stanley Lawson<\/strong>\u00a0currently serves on the board of Transnational Corporation of Nigeria Plc. He is Managing Partner at Financial Advisory &amp; Investment Consultants Ltd. Dr Lawson previously occupied the position of Group Executive Director-Finance &amp; Accounts at Nigerian National Petroleum Corp.<\/li>\n<li><strong>Samuel Nwanze<\/strong> is the Chief Finance Officer at Heirs Oil and Gas. Prior to this he was the Chief Investment Officer at Heirs Holdings responsible for investment and capital management.<\/li>\n<li>Commenting, Mr. Igiehon stated:\n<p>\u201cHHOG represents an extraordinary opportunity, to create Africa\u2019s first true integrated energy company, with a mission to ensure that Africa\u2019s natural resources are directed toward value creation in Africa, powered by sustainable, robust and abundant African energy. I am excited to join the Heirs Oil and Gas leadership team and look forward to the opportunity to transform the energy sector, purposefully address Africa\u2019s energy needs and improve the lives of people across Africa.\u201d<\/p>\n<p>The Chairman of the Board, Tony O. Elumelu, CON, stated: \u201cI am delighted to welcome our new board members. We are building a role model institution for African businesses and our investment in human capital is a further strong demonstration of our intent. The regional and global expertise of our board members will serve to further drive value creation to our continent, as we execute our goal of becoming Africa\u2019s largest, indigenous, integrated, energy company.\u201d<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Heirs Oil &amp; Gas (HHOG) \u00a0has announced the appointment of\u00a0Osayande Igiehon\u00a0as Chief Executive Officer, effective May 4, 2021, together with a distinguished non-executive board, bringing together leading industry figures, with &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/heirs-oil-gas-announces-ceo-and-board-appointments\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":10307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[9286,9287,9289,9288],"class_list":["post-10306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","category-west-africa","tag-heirs-oil-gas","tag-oml17","tag-osayande-igiehon","tag-tony-o-elumelu","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/heirs-holdings.jpg?fit=1352%2C585&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2Ge","jetpack-related-posts":[{"id":9707,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-heirs-holdings-acquires-45-of-oml-17-from-shell-total-and-eni\/","url_meta":{"origin":10306,"position":0},"title":"NIGERIA: Heirs Holdings Acquires 45% of OML 17 from Shell, Total and ENI","author":"","date":"January 17, 2021","format":false,"excerpt":"Heirs Holdings \u00a0the leading African strategic investor, in partnership with affiliated company\u00a0Transnational Corporation of Nigeria Plc (Transcorp), Nigeria\u2019s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through\u00a0TNOG Oil and Gas Limited (a related company of\u2026","rel":"","context":"In \"Afam Power Plc\"","block_context":{"text":"Afam Power Plc","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/afam-power-plc\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/01\/NIGERIA-OPL-281.jpg?fit=412%2C324&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":15465,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-maurel-et-prom-sells-entire-20-07-interest-in-seplat-energy-to-heirs-energies\/","url_meta":{"origin":10306,"position":1},"title":"NIGERIA: Maurel et Prom Sells Entire 20.07% interest in Seplat Energy to Heirs Energies\u00a0","author":"","date":"January 6, 2026","format":false,"excerpt":"Etablissements Maurel & Prom S.A. announced that on 30 December 2025 after market close it entered into a binding agreement in relation to the sale of its entire shareholding of 120.4 million shares, representing a 20.07% interest, in Seplat Energy Plc, a leading Nigerian independent energy company listed on the\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Nigeria-Seplat.jpg?fit=848%2C460&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Nigeria-Seplat.jpg?fit=848%2C460&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Nigeria-Seplat.jpg?fit=848%2C460&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Nigeria-Seplat.jpg?fit=848%2C460&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":10319,"url":"https:\/\/www.oilnewskenya.com\/index.php\/middle-east-and-africas-oil-gas-industry-saw-a-drop-in-deal-activity-in-q1-2021\/","url_meta":{"origin":10306,"position":2},"title":"Middle East and Africa\u2019s Oil &#038; Gas Industry Saw a Drop  in Deal Activity in Q1 2021","author":"","date":"May 12, 2021","format":false,"excerpt":"Led by $2.59bn asset transaction with BP Exploration (Epsilon), Middle East and Africa\u2019s oil & gas industry saw a drop of 32.92% in deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData\u2019s deals database. A total of 27 deals worth $4.81bn were announced for\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/Oil-Pump-Jack.jpg?fit=1024%2C630&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/Oil-Pump-Jack.jpg?fit=1024%2C630&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/Oil-Pump-Jack.jpg?fit=1024%2C630&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/Oil-Pump-Jack.jpg?fit=1024%2C630&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":15168,"url":"https:\/\/www.oilnewskenya.com\/index.php\/heirs-energies-strengthens-africas-energy-voice-at-major-international-forums\/","url_meta":{"origin":10306,"position":3},"title":"Heirs Energies Strengthens Africa\u2019s Energy Voice at Major International Forums","author":"","date":"August 26, 2025","format":false,"excerpt":"\u00a0Heirs Energies continued to amplify its commitment to energy sufficiency for Africa with a strong presence at two landmark events: the U.S.\u2013Africa Energy Forum and the\u00a0Namibia International Oil & Gas Conference\u00a02025. At both forums, Heirs Energies showcased its strategy of responsibly harnessing Africa\u2019s vast natural resources to deliver energy security,\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/08\/JAP04004-300x200-1.jpg?fit=300%2C200&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":15504,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-aradel-holdings-plc-completes-acquisition-of-40-equity-interest-in-nd-western-limited\/","url_meta":{"origin":10306,"position":4},"title":"NIGERIA: Aradel Holdings Plc Completes Acquisition of 40% Equity Interest in ND Western Limited","author":"","date":"January 9, 2026","format":false,"excerpt":"Aradel Energy Limited, has successfully completed the acquisition of an additional equity interest in ND Western Limited (NDW), following the fulfilment of all regulatory and contractual conditions precedent. The transaction, previously announced on 24th\u00a0October 2025, involved the acquisition of a 40% equity interest in NDW from Petrolin Trading Ltd. With\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Screenshot_42.png?fit=983%2C420&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Screenshot_42.png?fit=983%2C420&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Screenshot_42.png?fit=983%2C420&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Screenshot_42.png?fit=983%2C420&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":8649,"url":"https:\/\/www.oilnewskenya.com\/index.php\/speakers-for-the-africa-ep-virtual-summit-announced\/","url_meta":{"origin":10306,"position":5},"title":"Speakers for the Africa E&#038;P Virtual Summit Announced","author":"","date":"July 21, 2020","format":false,"excerpt":"The first confirmed speakers for the\u00a0Africa E&P Virtual Summit\u00a0taking place on the\u00a016 - 17 September, 2020 have been announced. \u00a0The speakers will share their expert knowledge and insight on Africa\u2019s oil, gas & energy sector; including independent views on the current state of the sector, what the next decade will\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/image001-2.jpg?fit=278%2C278&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=10306"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10306\/revisions"}],"predecessor-version":[{"id":10308,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10306\/revisions\/10308"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/10307"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=10306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=10306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=10306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}