ArdoGreen Energy Ltd.: Driving Indigenous Upstream Oil and Gas Operations
Introduction:
ArdoGreen Energy Limited, a prominent player in the Nigerian upstream oil and gas industry, was established in 2021 as a result of a successful collaboration between Ardova Plc and Petrodev Oil & Gas Limited. Formed as a Special Purpose Vehicle (SPV), ArdoGreen emerged as the operator of the Olua Marginal Field, securing it through the 2020 Marginal Field Bid Round exercise. This article introduces ArdoGreen, highlighting its purpose, leadership, and commitment to operational excellence.
An Operator with Purpose:
ArdoGreen Energy Ltd. was specifically incorporated to meet the requirements set by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The SPV’s formation was in accordance with the guidelines of the commission, ensuring compliance with industry regulations and standards.
Leadership at the Helm:
Chairing ArdoGreen Energy Ltd. is Mr. Abdulwasiu Sowami, a distinguished business leader with an exceptional track record. With extensive experience serving on the boards of various companies, including Prudent E&P Ltd., Ignite Investment & Commodities Limited, and Ardova Plc, Mr. Sowami brings a wealth of expertise to guide ArdoGreen towards success. His established relationships with international trading companies such as Glencore, Shell Trading Rotterdam, Vitol, and BP Oil International Ltd. have further bolstered ArdoGreen’s trading capabilities.
A Commitment to Philanthropy:
Beyond his notable business accomplishments, Mr. Sowami is known for his philanthropic endeavors. He founded the Abdul-Lateef & Sanni Foundation, which focuses on constructing schools and providing scholarships to underprivileged students. This commitment to giving back to society reflects ArdoGreen’s values and its dedication to social responsibility.
Education and Professional Credentials:
Mr. Sowami holds an M.Sc. in Corporate Governance from Leeds Beckett University, England, and a B.Sc. in Sociology from the University of Maiduguri. He is a distinguished member of the Institute of Directors, Nigeria, demonstrating his commitment to excellence in corporate governance and ethical business practices.
Conclusion:
ArdoGreen Energy Ltd. stands as a testament to indigenous excellence in the Nigerian upstream oil and gas industry. With a strong leadership team led by Mr. Abdulwasiu Sowami and a focus on operational efficiency, compliance, and philanthropy, ArdoGreen is well-positioned to create a sustainable impact in the industry and contribute to Nigeria’s energy landscape.
