• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Energy

Meet Bayo Ojulari: Former Managing Director Shell appointed CEO of NNPC

Deborah Dan-Awoh by Deborah Dan-Awoh
April 2, 2025
in Energy, People, Profiles
Meet Bayo Ojulari: Former Managing Director Shell appointed CEO of NNPC
Share on FacebookShare on TwitterShare on Linkedin

President Bola Tinubu has appointed Bashir Bayo Ojulari as the new Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited.

The announcement, made on April 2 by presidential adviser Bayo Onanuga, follows a sweeping board overhaul that saw the removal of NNPC’s chairman, Chief Pius Akinyelure, and former GCEO Mele Kyari, along with other board members appointed in November 2023.

Ojulari, an industry veteran with over three decades of experience, is expected to assume office immediately. His appointment comes at a critical juncture for NNPC as the company navigates ongoing energy reforms, production challenges, and Nigeria’s broader economic strategy.

RelatedStories

NLC controls less than 9% of Nigeria’s working population – Tope Fasua 

Nigeria to IMF: Stop the overreaction – Tinubu’s adviser defends economic policies  

July 8, 2025
AAM2025: Tinubu calls for PAPSS payment system embracement across Africa for financial integration 

President Tinubu to address BRICS Summit on Nigeria’s economic reforms and investment drive 

July 5, 2025

Bayo Ojulari , early life & career 

Born and raised in Nigeria, Ojulari’s journey to the pinnacle of the country’s petroleum sector began at Ahmadu Bello University, where he earned a Bachelor of Engineering in Mechanical Engineering in 1989.

  • His academic background laid the groundwork for a career defined by technical expertise and strategic leadership in oil exploration, production, and energy management.
  • Soon after graduation, he began his career as a Fields and Process Engineer at Elf Petroleum Nigeria in 1989, gaining hands-on experience in production systems and operational efficiency.
  • His technical acumen quickly earned him a place at Shell, one of the world’s largest oil companies, where he would spend the next 24 years honing his expertise and rising through the ranks.

Decades at Shell: From Engineer to Managing Director 

Ojulari’s tenure at Shell Nigeria Exploration and Production Company (SNEPCo) was marked by transformative leadership.

  • From 2015 to 2021, he served as the company’s Managing Director, overseeing Shell’s deepwater assets, including the massive Bonga oil field, Nigeria’s first deepwater project.
  • Under his leadership, Shell’s deepwater operations expanded, producing up to 320,000 barrels per day, while he spearheaded cost-saving measures that reduced operational expenses by 30% and boosted production efficiency by 20%.

Beyond operational success, he played a crucial role in renegotiating production-sharing contracts and securing agreements for multibillion-dollar projects.

His ability to navigate complex regulatory landscapes and commercial negotiations helped secure investment in Nigeria’s offshore oil sector, a critical component of the nation’s economy.

  • Prior to his tenure as MD, Ojulari held key leadership roles within Shell, including Development Director at Shell Petroleum Development Company (SPDC) from 2010 to 2015, where he managed petroleum engineering operations for over 100 oil and gas fields and oversaw projects with a combined budget of $700 million.

More insights 

Following his time at Shell, Ojulari transitioned to the private sector, where he continued to influence Nigeria’s energy landscape. In 2021, he founded BAT Advisory & Energy Company Nigeria Ltd, providing strategic consultancy to leading oil and gas firms.

He later took on the role of Executive Vice President and Chief Operating Officer at Renaissance Africa Energy Company in 2024, focusing on sustainable energy solutions and business growth.

His extensive experience in both corporate and advisory roles positions him uniquely to lead NNPC at a time of evolving global energy policies and increasing pressure to reform Nigeria’s petroleum industry.

As the new head of NNPC, Ojulari faces the daunting task of steering the company through Nigeria’s post-Petroleum Industry Act (PIA) reforms, tackling oil theft, improving production output, and maximizing energy revenues for national development.


Follow us for Breaking News and Market Intelligence.
Tags: Bayo OjulariMele KyariNNPCPius AkinyelurePresident Bola Tinubu
Deborah Dan-Awoh

Deborah Dan-Awoh

Deborah Dan-Awoh is a seasoned lifestyle analyst with a knack for storytelling. The focus of her work covers people, money and culture as it relates with business and economy. When she's not keeping tabs on the latest trends in lifestyle and finance- Deborah enjoys networking with industry experts to gain insight into major markets as it affects the populace

Related Posts

NLC controls less than 9% of Nigeria’s working population – Tope Fasua 
Economy

Nigeria to IMF: Stop the overreaction – Tinubu’s adviser defends economic policies  

July 8, 2025
AAM2025: Tinubu calls for PAPSS payment system embracement across Africa for financial integration 
Economy

President Tinubu to address BRICS Summit on Nigeria’s economic reforms and investment drive 

July 5, 2025
NNPC completes River Niger crossing on AKK gas pipeline  
Energy

NNPC completes River Niger crossing on AKK gas pipeline  

July 1, 2025
AAM2025: Tinubu calls for PAPSS payment system embracement across Africa for financial integration 
Education

Scholarship programme for Caribbean students to study in Nigeria to begin next academic year- Tinubu 

June 30, 2025
Alleged N210 trillion scandals: Senate threatens arrest warrant for NNPCL GCEO 
Energy

Alleged N210 trillion scandals: Senate threatens arrest warrant for NNPCL GCEO 

June 27, 2025
President Tinubu must keep his campaign promise on Nigerian Crypto Industry
Economy

President Tinubu to sign four Tax Reform Bills into law on Thursday

June 25, 2025
Next Post
Meta’s Head of AI Research, Joelle Pineau, to quit in May 2025 

Meta’s Head of AI Research, Joelle Pineau, to quit in May 2025 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document
  • Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC
  • Oyo State approves N7.7 billion for two surveillance aircraft to combat insecurity 

Follow us on social media:

Recent News

IGP prosecutes Nigerian businessmen over alleged N13.5 billion forex fraud dispute  

IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document

July 9, 2025
Nigeria’s gas flare commercialisation programme could unlock $2.5 billion investment – NUPRC 

Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC

July 9, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics