Aiteo


All posts for Aiteo

Aiteo Group appoints Global Group Chief Financial Officer

LAGOS/LONDON, 5 OCTOBER 2017: Aiteo is pleased to announce the appointment of Mr. Bruce Burrows as Global Group Chief Financial Officer ("CFO") with effect from 18 November 2017. He will report to the Executive Vice-Chairman, Global Group Aiteo. Bruce brings a wealth of experience from different pa ...

Benedict Peters - Aiteo Group


Posted 14 days agoPress > AiteoBenedict PetersNigeria +3

Benedict Peters: Aiteo Founder hits back over corruption allegations, boasting $4bn of FDI

Despite being one of the most enterprising countries on the planet, Nigerians loves to do businesses down. What's more, it's often our own home-grown businesses. This week, one of those business has decided to hit back. Having been the subject of corruption allegations as part of Buhari's anti-graf ...

Bayo Okoya - Delta Analytics Lagos


Posted 1 month agoOpinion > AiteoNigeriaBenedict Peters

Aiteo at the vanguard: the powerhouse at the centre of Nigerian oil

There is a quote that says: ‘ the definition of insanity is doing the same thing over and over again and expecting a different result '. It's often attributed to Albert Einstein, but it perfectly describes the state of the oil sector in Nigeria. Governments come and go, oil licences are approved, an ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 1 month agoOpinion > 2018Aiteo GroupNigeria +11

Nipco the latest Nigerian home player to take a shot at the majors

For a while it was all Aiteo, Aiteo, Seplat, Seplat when it came to looking for home-grown Nigerian oil players with big ambitions. But there's a new contender! Nigerian fuel retailer Nipco has launched a 4.84 billion naira ($16 mln) offer for the shares it needs to take bump up its stake in Mobil O ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 3 months agoOpinion > NipcoMobilNigeria +3

Aiteo, Sahara, Seplat the front-runners in Nigeria’s oil renaissance

It's been a very long time since we have been able to report a different good news story every week in the Nigerian oil sector. But the positive trends, results and projections just keep on coming. It's almost enough to blow away the PIB blues . . . ! This week's good news comes from the Nigerian ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 5 months agoOpinion > Oil and GasNigeriaupstream +7

CSR is the next frontier for Nigeria’s local oil firms  

When a company reaches a certain size there begins a compulsion to give back. Often it's a way to improve public relations, often it helps build the network of a company overseas. But where I believe companies ought to be compelled to direct their ‘Corporate Social Responsibility' (CSR) contribution ...

Flo Kigbala - Delta Deep Content


Posted 5 months agoOpinion > SocialCSRmarketing +7

Clock ticking on Nigerian oil reform

After a 10-year wait, Nigeria and much of the oil sector globally wait this week in shared anticipation for the passing of the Petroleum Industry Bill (PIB). With just a few days left until the self-imposed deadline announced by the Senate for introducing the PIB, are we at last on the verge of a re ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 5 months agoOpinion > reformNigeriaindigenous +5

Aiteo Group and Seplat lead indigenous Nigerian groundswell

A great change is occurring in at the grassroots of the oil and gas sector in Nigeria. For most of our country's history as a petro-state, the International Oil Companies have called the shots, dominating the exploration and production of oil products. But now, indigenous companies are beginning to ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 6 months agoOpinion > NigeriaIOCsInfrastructure +8

Benedict Peters: Nigerian firms fuelling the recovery

When Nigeria emerges from recession, the way we do business must change forever. This does not just mean an emphasis on diversification; though as the recession has bitten over the last 12 months, the need for diversifying the source of government revenues and our export base has never been more urg ...

Benedict Peters - Aiteo Group


Posted 7 months agoOpinion > NigeriaAiteoBenedict Peters +6

Benedict Peters: No shortage of ambition at Nigeria Energy Week – but what of the challenges ahead?

It is clear that Nigeria's Petroleum Minister, Dr Emmanuel Ibe Kachikwu is a man undeterred by adversity. But what sets him apart is that, in spite of his bold ambitions for the oil sector, he is under no illusions about the scale of the challenge. That challenge is being explored in detail this w ...

Benedict Peters - Aiteo Group


Posted 7 months agoOpinion > OilNigeriaoil & gas conference +6

Benedict Peters: What can we expect from Nigeria Energy Week 2017?

This week sees the launch of the 16th Nigeria Oil and Gas (NOG) Conference and Exhibition and Nigeria Power Forum , the annual gathering of the leading figures and organisations in the Nigerian oil and gas sector. In another challenging year for resources in Nigeria, will this year's conference pro ...

Benedict Peters - Aiteo Group


Posted 7 months agoOpinion > NigeriaOilDiversified Gas & Oil +6

Benedict Peters: Aiteo Group to sponsor 16th Nigeria Oil and Gas (NOG) Conference and Exhibition and Nigeria Power Forum

On Friday, integrated energy group, Aiteo , announced its sponsorship of the 16th Nigeria Oil and Gas (NOG) Conference and Exhibition and Nigeria Power Forum which starts February 27, 2017. The Nigeria Energy Week will feature discussions from senior stakeholders in the upstream, midstream and down ...

Benedict Peters - Aiteo Group


Posted 7 months agoPress > conferenceOilNigeria +6

Benedict Peters: The fate of Nigeria’s oil future hangs in the balance

The workings of the oil sector in Nigeria had been in need of a rethink long before the Obasanjo government decided to take action nearly a decade ago. Passed from government to government in the years since, we're barely any closer to the promised alignment and clarification of the regulatory frame ...

Benedict Peters - Aiteo Group


Posted 7 months agoOpinion > OilPIBNigeria +10