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Chappal Appoints Immanuel Managing Director

Chappal Appoints Immanuel Managing Director
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Chappal Appoints Ufoma Joseph Immanuel as Managing Director

Ufoma Joseph Immanuel has been appointed as the Managing Director of Chappal Petroleum Development Company ‘Chappal’, effective January 2021. Ufoma is also one of the founding partners of Chappal, an ESG focused energy independent established to extract deep value from distressed brownfield Upstream opportunities in the Niger Delta region of Nigeria.
Chappal Development Company will focus on the challenges faced in the continued development of mature assets, like produced water management, evacuation logistics, gas development, capex optimisation and infrastructure replacement.
Prior to joining Chappal, Ufoma was the CFO of Energy Link Infrastructure (“ELI”) and instrumental in the milestone breakthrough for the organization as the first Nigeria company to have a Terminal Establishment Order and Oil Pipeline License issued to a single entity. At ELI, after pioneering the concept of the Alternative Crude Oil Evacuation System (“ACOES”) for the Oil Mining Lease N ....

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Indigenous firm strikes oil at oil block divested by Chevron

By Nathan Nwakamma
Yenagoa, Dec 25, 2020 A Nigerian firm First Exploration and Production (First E&P), has struck oil from an oilfield it acquired following the divestment of Chevron Nigeria Limited (CNL) from the asset located off Bayelsa coastline.
Chevron had in 2015 divested from OMLs 83 and 85 while the asset was acquired by First E&P, an indigenous firm who now operate the oilfields in a Joint Venture agreement with the Nigerian Petroleum Corporation.
Naija247news reports that following the development, First E&P has subsequently applied to the Minister of Petroleum Resources for an Oil Pipeline Licence to be constructed within the oil block, Oil Mining Lease (OML) 85. ....

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