EMMANUEL OSAKWE
Calgary, AB
Summary
Oil and Gas Management professional with over 9 years plus of work experience and a proven track record in fostering syndicated trade transactions for companies in the Oil and Gas industry. Able to manage credit risk, develop business strategies, drive profitability, determine stakeholder needs, and proffer solutions to meet same with careful consideration of internal and external factors, potential risks, costs and proposed value. Known for a demonstrated expertise in revenue improvement and cost control.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Head Downstream
Westchase Oil and Gas Limited
01.2022 - Current
- In charge of Sourcing and Shipping of petroleum products, either through direct imports from foreign suppliers or local purchase from NNPC/PPMC
- In charge of sales coordination across all regions
- In charge of Letter of credit establishment, insurance processing, cargo documentation, vessel hire , vessel operations monitoring, demurrage negotiations and stock reconciliation
- Active Portfolio of routine activities include Helping companies with vessel chartering, operations monitoring, contracts negotiation and review, offshore delivery management, business development, sales and general Planning.
Lead Trader/Head, Vessel Operations
Eterna Plc., Lagos
01.2018 - 01.2022
- Responsible for bulk purchase of Gasoline, Gasoil, Jet Fuel, Base oil,Lpfo and Dual-Purpose Kerosene cargoes, either through direct imports or local purchase from NNPC/PPMC
- Active Portfolio of routine activities include vessel chartering, operations monitoring, contracts negotiation and review, demurrage analysis, stock management and planning, amongst others
- Actively engaged in appropriate liaisons with governmental agencies viz DPR, PPPRA, NNPC
- Key contact person for the company’s Direct Sale of Crude, Direct Purchase of Petroleum Products(DSDP) contract with NNPC.
Head, Direct Sale Direct Purchase (DSDP) Desk
Ranoil Limited, Lagos
06.2017 - 12.2017
- Headed the DSDP desk managed the commercial activities of Gobel Marine
- Spearheaded product sourcing and delivery to Offshore Lagos for orders
- Oversaw vessel hires for product delivery
- Handled crude sales on behalf of the company and monitored the lifting of the crude by the potential buyers
- Monitored all operations to be undertaken by the gasoline vessel, while in Nigeria
- Supervised all the processes involved in the DSDP and reconciled with NNPC, as well as other members of the consortium.
Commercial Manager
Gobel Marine Services, Lagos
10.2016 - 06.2017
- Managed vessel hires and chartering, and provided regular Voyage updates, as well as daily vessel positions
- P and L Calculation - Voyage Basis; Laytime and Demurrage Calculation
- Identified, established and maintained cooperation with local authorities, agents and experts required for smooth business operations
- Handled sound and safe operations for excellent customer service, ensuring that vessels operated in accordance with charter party terms and with due diligence, presenting and handling claims, monitoring speed, consumption and all day to day operations issues
- Handled notices, coordinated cargo deliveries, chartered party reviews, ensured follow ups and promptly finalized all voyages for clients
- Worked closely with the COO to ensure vessels were always busy, through regular marketing.
Trade Executive
Ranoil Limited, Lagos
01.2014 - 11.2016
- Managed an average monthly importation of 160,000MT of PMS, AGO and DPK, between Rainoil and Fynefield (a sister company)
- Kept records of all vessel accounts, when they were put on and off hire, and reconciled agreed demurrage invoice license
- Sourced, negotiated and chartered third party vessels if needed, at competitive rates
- Ensured all offshore loadings, are carried out according to international trade laws
- Appointed agents, fender providers and inspectors for all STS operations and provided them all necessary PRE STS documents
- Reconciled and recommended invoice for payment
- Negotiated the nature and structure of product supply contracts with trading partners (Vitol S.A, Glencore Energy, Mocoh, Petrocam) and other trading companies, and reviewed trade recaps
- Ensured that all voyage instructions were sent out on time and constantly monitored operations, to avoid demurrage.
Education
MBA (Energy and Petroleum) -
University of Abertay, Scotland
01.2013
BSc Economics - undefined
Covenant University, Nigeria
01.2010
Skills
- Research, Analysis and Reporting
- Relationship Management
- Business Development
- Negotiation
- Microsoft Office Suite
- Supply Chain Optimization
- Transportation Management
- Effective Communication
- Negotiating
- Logistics Management
- Supply chain distribution
- International purchasing
Certification
- CITAC certificate for participation in Oil Trading Risk management - 2015
- Completion Certificate, Executive Business Simulation - 2013
- Completion Certificate, Production Sharing Contract in the Oil and Gas Industry - 2013
Languages
Good command of English Language
Native Igbo
Fluent Hausa
Industry Knowledge
- Supply Chain Management
- Logistics Management
- Oil and Gas Trade
- Operations Management
- Commercial Acumen
References
Available on request
Hobbies and Interests
- Soccer
- Traveling
- Reading
Timeline
Head Downstream
Westchase Oil and Gas Limited
01.2022 - Current
Lead Trader/Head, Vessel Operations
Eterna Plc., Lagos
01.2018 - 01.2022
Head, Direct Sale Direct Purchase (DSDP) Desk
Ranoil Limited, Lagos
06.2017 - 12.2017
Commercial Manager
Gobel Marine Services, Lagos
10.2016 - 06.2017
Trade Executive
Ranoil Limited, Lagos
01.2014 - 11.2016
MBA (Energy and Petroleum) -
University of Abertay, Scotland
BSc Economics - undefined
Covenant University, Nigeria
- CITAC certificate for participation in Oil Trading Risk management - 2015
- Completion Certificate, Executive Business Simulation - 2013
- Completion Certificate, Production Sharing Contract in the Oil and Gas Industry - 2013
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