Get to know the new CEO

Get to Know the New CEO Victor Okolo

Do you know Victor His Education

Victor Okolo is the Managing Director of Eroton Exploration and Production Company Limited (Eroton). Having over 30 years experience in the Oil & Gas industry both locally and internationally, Victor is a seasoned veteran in the Oil & Gas sphere where he has held managerial and leadership roles in Statoil ASA Norway, Midwestern Oil & Gas Limited amongst others.

Personal Life

Born in Asaba, the defunct Midwestern region, Victor grew up in an environment full of friends and friendly neighbours. A situation he describes as “A different Nigeria where we could stop by at a friend’s house or share lunch in the village”. A lunch he most preffered to be fried plantain (dodo), his favourite choice.

A family-conscious person, Victor is happily married and blessed with children with whom his life revolves around. He expresses the biggest challenges he has overcome has always been to accept the norm when there are opportunities for improvement because in his words, “There are always opportunities for improvement”. Victor attended the famous Emotan Primary School in Benin City and then Federal Government College Warri for his secondary education. He holds a Bachelor of Engineering degree in Petroleum Engineering. A degree he got in 1987 from the University of Port Harcourt.

Professionally

Victor is your quintessential pro in the Oil & Gas industry; having traversed the globe in his skills acquisition, he cut his teeth in the 80’s with Transocean and then followed up with Schlumberger where he seasoned his craft and further honed it in MWD and directional drilling. By 1994, he was ready to take on the world as Statoil, Norway came knocking. Victor would go on and leave an indelible mark working the deepwater of the North Sea.

Victor would return home to Nigeria, having garnered a wealth of experience from his stint abroad, to join Midwestern Oil & Gas as the Executive Director, Technical. His invaluable contributions in this role, coupled with his exemplary work ethic were duly recognized by the Board, leading to his subsequent elevation to the role of Managing Director / Chief Executive Officer of Eroton Exploration & Production Company limited.

Did you know?!

Victor was involved in the 1st successful deepwater exploration and production in Nigeria in 1994. He also partook in the 1st horizontal well drilled in Nigeria, The famous Schlumberger Sapele-26 well.

Professional Affiliation

Victor is a member of the Nigerian Society of Engineers (NSE) and the prestigious Society of Petroleum Engineers (SPE), a membership he has held from his undergraduate days of university in the mid 80’s.

Professional Affiliation

Ask Victor why he loves Formula 1 and his appreciation of the prodigious British driver Luis Hamilton and he will tell you of his regard for consistent permonance and how the joint-record holder of World Drivers’ Championship titles provides inspiration on the results of hardwork.

Victor loves to read and recommends the bestselling book by Dale Carnegie “How

to win over friends and influence people”, an excellent read by aspiring professionals who look to reach the zenith of their careers. He also loves contemporary jazz music. One of his pastimes is golf where he enjoys taking a swing. A hobby he wishes he had more time to enjoy. Having a problem-solving personality, he loves to solve seemingly difficult situations, providing solutions and to see the smiles on the faces of people. This informs his natural likeness for efficiency and due-process orientation.

Want to know more about Victor “my tribal name is Chukwuemeka” Okolo?

To get to know the CEO better or reachout on any occupational challenges/suggestions, the designated #asktheCEO@erotonep.com email is always available for your utilization. All messages will be treated equitably and without prejudice and your anonymity is guaranteed. “ Staying in character, Victor loves the quote “Culture eats strategy for breakfast” by Peter Drucker and hopes to share this as a basis of his convictions for an Eroton ready for post COVID19 challenges.

HSE Corner: “Promoting Process Safety Management”

The theme for the Quarter is “Promoting Process Safety Management”.

ORIGIN OF PROCESS SAFETY MANAGEMENT

The Bhopal accident of 1984 and Piper Alpha Accident of 1988 along with other catastrophic incidents with dire consequences to people, environment, assets, and reputation have considerably changed safety management procedures and legislations in the oil and gas industry globally.

Subsequent to these incidents, the Occupational Safety and Health Administration (OSHA) in 1990 published standards for Process Safety Management. This standard comprises of a comprehensive program which integrates technologies, procedures and practices associated with highly hazardous chemicals and hydrocarbon to aid the improvement of safety in the workplace. In Nigeria, some of these regulations were developed for the same purpose: Labour Act of 1974, The Factory Act 1987, Mineral Oils Safety Regulations (MOSR) 1997, Workmen compensation Act 2010 and the Petroleum (Drilling and Production) Regulation 1969.

DEFINITION OF PROCESS SAFETY MANAGEMENT

BRIEF ON PROCESS SAFETY MANAGEMENT CAMPAIGN

The goal is to promote process safety management within Eroton Exploration and Production Company Limited by improving upon set standards and protocols, engaging employees and contractors to sustain operational excellence despite changes in business priorities.

BENEFITS OF PROCESS SAFETY MANAGEMENT

Further information on promoting process safety in Eroton Exploration and Production Company Limited will be communicated.