By YANGE IKYAA

Oriental Energy Resources Limited, a leading indigenous oil exploration and production company in Nigeria, has appointed Mustafa Indimi as its new managing director (MD).

The company announced this at the weekend in a statement signed by its head of corporate communications, Sam Umukoro.

“He brings with him an in-depth knowledge of the business and he is well-positioned to drive the company forward,” the statement read in part.

Mustafa takes over from Ignatius Ifelayo, who served the Oriental Energy meritoriously for seven years.

Prior to the new appointment, Mustafa was Oriental’s executive director, technical services, and member of the company’s board of directors.

A master’s degree holder in petroleum production engineering from Robert Gordon University, Aberdeen, Mustafa has an impressive track record of leading teams to deliver outstanding performance and results.

On his new challenge, the new MD said “it is an exceptional privilege to be appointed as managing director at a time that provides great opportunity to take the company to new heights. I am looking forward to working with the board, management and staff to strengthen and grow the company by building on the solid foundation to generate significant value for all stakeholders.

“Underpinning everything is my commitment to the company’s vison to set the standards that all other E&P companies in the Nigerian oil and gas industry will be compared against.’’

Oriental Energy Resources Limited is an indigenous oil exploration and production company founded in 1990 by Alhaji (Dr.) Muhammadu Indimi, OFR. The indigenous petrochemical giant operates two marginal fields in offshore Akwa Ibom, Ebok (OML 67) and Okwok (OML 67), as well as one oil mining lease OML 115.