ADM Energy, an oil & gas investing company quoted on AIM, has introduced the appointment of Osamede Okhomina as Chief Executive Officer (CEO) with immediate effect. The appointment further strengthens the executive team & Board for the subsequent phase of the organization’s development and follows the non-Board appointment of His Highness Sheikh Ahmed Bin Dalmook Al Maktoum as President in June 2019. As stated previously, ADM Energy’s strategy is to grow a portfolio of investments in projects that the Board believes can considerably improve the value of the Company.
Osamede (Osa) Okhomina, aged 48, has over 20 years of experience in the global oil and gas industry, with a track record of financing projects and growing businesses. He started his career at Terra Energy Services where he managed the introduction of new deep-water technologies, developed in Norway, into the Nigerian market. Osamede was later instrumental in originating, structuring and eventually settling the 15-year legal battle with Shell on behalf of the Wiwa Plaintiffs in the New York District Court. More recently, Osamede was a founding associate and CEO of Energy Equity Resources (EER), an Africa-focused oil and gas company and a companion investor of ADM Energy in the OML113 License (which includes Aje area), where he has secured over $300 million of direct foreign funding into the Nigerian oil and gas sector. He’s presently vice-chairman of EER and has efficiently diversified the corporate throughout upstream and downstream businesses.
Osamede brings considerable expertise and authorities connections to the Board of ADM Energy. In the age of 29, he was a Senior Adviser to the Nigerian government’s telecommunications regulator, the Nigerian Communications Commission (NCC). Apart from Nigeria, Osamede has successfully concluded oil and gas transactions in Libya, Mauritania, Equatorial Guinea, and worked all across Africa.v