TIMIPA IKIDI
Economist
C/o Reuben Okoya, 18 Khana Street, D/Line, Port Harcourt
Summary
Promote effective, efficient, goal-oriented teams towards adding value and meeting stakeholder and employer aspirations within organizational standards.
A highly skilled Petroleum Economist/Commercial Analyst with over 12+ years of cognate experience in Petroleum Project Economics and Modelling, Commercial Evaluation, Upstream Business Decision Analysis, Strategic Planning & Budgeting, Portfolio Optimization, Commercial insight, Shipping & Terminals, Programming & Nominations and Stock Management and Sustainability.
Overview
9
9
years of professional experience
Work History
Lead, Portfolio Decarbonisation
NNPC E&P Limited (NEPL)
04.2023 - Current
- Manage the process of maintenance of records on C02, CH4, and other emissions across the Company’s portfolio and track de-carbonization efforts and opportunities for carbon credits
- Develop and Manage NEPL Assets operations decarbonization roadmap
- Develop decarbonization plan and calendarize schedule for NEPL Assets
- Oversee sustainability efforts reporting and publishing
- Integrate ESG models into Asset work programs from the Strategy and budgeting phase
- Participated in the development of NNPC Sustainability Framework and Policy
- Develop NEPL decarbonization Strategy and emissions reduction Initiatives
- Participated in the AUSEA deployment Pilot Project for emissions baseline.
Commercial Oil Analyst/Advisor
Nigerian Petroleum Development Company Limited (NPDC)
08.2015 - 03.2023
- Prepare and update daily, monthly, and annual production and lifting report
- Prepare crude oil monthly market program and forecast
- Manage NPDC equity crude oil production, Lifting & Stock inventory at Forcados Terminal
- Present NPDC Monthly JV crude oil production entitlement and Lifting availability Plan to NNPC Crude Oil Marketing Division (COMD)
- NPDC Equity crude sales data Inventory and Profile management
- Liaise with Department of Petroleum Resources (DPR) and secure NPDC Maximum Efficiency rate (MER) and Technical Allowable for all producing wells
- Secure promptly NPDC quarterly equity Crude Oil Export permits for DPR
- Prepare & Communicate Monthly Allocation letters to Partners on Availabilities & Entitlements
- Prepare Monthly Lay-can Letters as well as Documentary Instructions for NPDC’s & Partner’s equity crude Lifting
- Attend Monthly Curtailment Meetings & make Presentation to COMD & DPR on NPDC’s Crude Oil Market Program for M+2 & Report to Management
- Ensure prompt processing of NPDC’s Quarterly Crude Oil Export Permit from the Department of Petroleum Resources (DPR) & Federal Ministry of Industry, Trade & Investment Respectively
- Attend the monthly Refinery Performance Meeting & Report to management
- Ensure Prompt Processing & Obtaining of NPDC’s On-stream Assets Technical Allowable from DPR
- Ensure prompt processing & availability of Commercial Allowable for NPDC’s On-stream Assets
- Crude Assay analysis, benchmarking, and Pricing.
Project Economist
Nigerian Petroleum Development Company Limited (NPDC)
8 2012 - 7 2015
- Provision & Development of Deterministic Models for Project Economic analysis to enhance management decision-making
- Provision of Commercial evaluation support for proposed investments in NPDC Assets and preparation of relevant reports
- Provision of strategic Support to enhance portfolio Optimization, Strategic Planning & Budgeting
- Development of a robust framework for competitive intelligence data repository
- Process AFEs for NPDC capital projects and submit to Corporate for approval
- Provision of technical advisory support for Commercial Negotiations and Contracts
- Provide technical support for Exploration & Development opportunities maturation workshop
- Preparation of daily, weekly, monthly, and quarterly reports to DPR
- Liaising with the DPR for operational permits and other regulatory requirements.
Education
Ph.D. - Economics
Benson Idahosa University, Benin City, Edo State, Nigeria
Benin City, ED 09.2024 - 08.2023
Master of Science - Data Science & Business Analytics
University of Texas, Austin USA
Austin 02.2019 - 01.2020
Master of Science - Economics
University of Ibadan - Ibadan, Oyo State, Nigeria
Ibadan, OYO 09.2018 - 10.2010
High School Diploma -
Sir Ben Computer Training Institute, Yenagoa
Yenagoa 01.2024 - 12.2008
Bachelor of Science - Economics
Niger Delta University (NDU), Wilberforce Island, Amassoma, Bayelsa State
Wilberforce Island 09.2024 - 04.2006
Skills
Microsoft Word
Project
Excel
Outlook
PowerPoint
Internet and Email
Data Science & Analytics with R Programming Language
Proficient use of Tableau
Hardworking, self-motivated, committed to excellence, and positive professional attitude
Affiliations
- Nigerian Institute of Management (NIM), Fellow, 2024
- Proficiency Certificate in Management (PCM), 2008
- Nigerian Institute of Safety Professionals (NISP)
- Certificate in General Health and Environmental Course (HSE Competence), 2008
- H.S.E Development and Competence Course, Level 3 (SPDC Accredited)
- International Association for Energy Economics (IAEE), member 2009
- Nigerian Association for Energy Economics (NAEE), member, 2009
- African Econometrics Society (AES), member 2009
- Society for Petroleum Engineers (SPE)
- Nigerian Association of Petroleum Explorationists (NAPE)
Expertise - Technical
- Portfolio Optimization
- Project Economic Modelling
- Commercial Evaluation
- Technical Cost Optimisation & Control
- Management Business Decision Support
Personal Information
- Date of Birth: 11/15/82
- Gender: Male
- Nationality: Nigerian
Publications
- Changing Tax Structure and Revenue Pattern in Nigeria 1960-2008 (M.sc Dissertation)
- Monetary Policy and Economic Growth in Nigeria 1983-2003 (B.sc, Research Project)
- NYSC: Special Science School, Igbeagu, Abakaliki, Ebonyi State. 2007-2008(Economics Teacher)
- “The relationship between Oil Companies and Host Communities in Bayelsa State”. A lecture delivered at the University of Ibadan, Ibadan, and published in the Tribune Newspaper of July 2009.
- “An Analysis of the Implications of the Proposed Deregulation Policy of the Downstream Sector in Nigeria”. A postgraduate paper presented as a contribution towards policy making in Nigeria, 2009.
Stateoforigin
Bayelsa
References
REFERENCES ARE AVAILABLE ON REQUEST
Training
- NNPC Crude Oil Market review, London 2014, 2017
- Fundamentals of Petroleum Economics, Dubai 2015
- Projects Evaluation, Risk and Decision Analysis, Dubai 2018
- Applying Project Control (GLOMACS), Dubai 2017
- Sustainability Masterclass (GLOMACS), Portugal 2023
Timeline
Ph.D. - Economics
Benson Idahosa University, Benin City, Edo State, Nigeria
09.2024 - 08.2023
Bachelor of Science - Economics
Niger Delta University (NDU), Wilberforce Island, Amassoma, Bayelsa State
09.2024 - 04.2006
High School Diploma -
Sir Ben Computer Training Institute, Yenagoa
01.2024 - 12.2008
Lead, Portfolio Decarbonisation
NNPC E&P Limited (NEPL)
04.2023 - Current
Master of Science - Data Science & Business Analytics
University of Texas, Austin USA
02.2019 - 01.2020
Master of Science - Economics
University of Ibadan - Ibadan, Oyo State, Nigeria
09.2018 - 10.2010
Commercial Oil Analyst/Advisor
Nigerian Petroleum Development Company Limited (NPDC)
08.2015 - 03.2023
Project Economist
Nigerian Petroleum Development Company Limited (NPDC)
8 2012 - 7 2015
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