-By Danlami Nasir Isah
Sir Victor Okoronkwo born in Plateau is the Group Managing Director of Aiteo Eastern Exploration & Production Company Limited. He was also appointed the first Vice President of Nigerian Gas Association.
With over 30 years in the Oil and Gas industry, Victor had been with the Shell Group where he held various positions including Power Asset Manager, Gas Commercial Manager, Gas and Power Business Development Manager as well as General Manager, Gas.
Victor joined the AITEO Energy Group in 2015, the same year AITEO acquired 45% interest from Shell, Total and Agip in the prolific OML29 and the 97km 48” 600kbpd Nembe Creek Trunk Line (NCTL) in Nigeria’s Niger Delta, in what was considered the 2014 oil and gas “deal of the year” in sub-Saharan Africa.
At takeover of OML29 Assets, and the NCTL, total production from the asset was under 28kboe/d, but by November 2016, AITEO had achieved an enviable production peak of over 100kboe/d launching itself into the league of major oil and gas producers in Nigeria.
Victor played very active role in the Nigeria oil and gas sector and has held various key positions in the development of Natural Gas as key fuel for the Nigeria economy through the development of the Nigerian Gas Master Plan (NGMP).
He was pioneer Asset Manager of Afam Integrated Gas and Power Plant, generating 650MW of ca.18% of Nigeria’s total power eneration. The first Vice President and Council Member of the Nigeria Gas Association and a board member, Gas Aggregation Company Nigeria Ltd., Victor has also been a member of the Steering Committee of West Niger Delta Gas Central Processing Facility.
He was a two-term Chair, the Gas Committee of the Oil Producers Trade Section (OPTS) as well as Head, Power Work Stream of OPTS that heralded the industry collaboration with Nigerian National Petroleum Company on the development of Nigeria Gas Master Plan (NGMP).
A recipient of numerous awards for philanthropic and community services, Victor holds the prestigious Ugwu-Aro Award, the highest honour from the ancient Arochukwu kingdom.
Victor holds a B.Sc in Surveying Engineering and an MBA. He is an alumnus of the ISEAD Business School and Oxford/Princeton College of Energy Studies.
A Knight of the St. Christopher (KSC) of the Anglican Communion, Sir Victor is married to Lady Ann Okoronkwo and blessed with children and a granddaughter.