Modupe Oyeneyin
-Felix Douglas
Giving her keynote speech at the Women in Maritime and Energy Award (WiME), Divisional Manager for Supply Chain and Procurement of Oando, Modupe Oyeneyin, briefly gave insight of the company that started as Unipetrol and was making waves in the downstream sector.
Oando has since transformed from the downstream where it was well known into the upstream space.
Oyeneyin said Oando went from 300 work-force to over 2000 and she was supervising 30 workers and gradually to over 200 people in her team.
She pointed out that Oando acquisition of Nigeria Agip Oil Company is one of the most transformational deals in Africa energy sector. It expanded its ownership of oil bloc OML 60 to 63 and positioned the company for full operations in the energy sector. The deal involved strategic alignments with required regulatory navigation.
“It involved sleepless nights because it wasn’t easy. I remembered we will be in the board room for hours. When this was conceptualized, a lot of people laughed. You small Nigerian company, you think you will take over an International Oil Company (IOC) and we did.”
“As a Divisional Manager for Supply Chain and Procurement in Oando, I lead operations across the company oil and gas, clean energy, mining and infrastructure portfolio, I developed cost saving and optimization, risk mitigation, process improvement strategies to deliver complex drilling completion and logistics campaigns with accountability.
It was not a one man’s or woman’s job, it involved others and I had an inspiring support team to deliver.
Oyeneyin acknowledged that in the field of maritime and energy, every decision counts, there must be timeless safety and budget intercept. “We have embraced a culture of continuous improvement of agile thinking to keep pace with change. My greatest joy in all of this is actually developing people, mentoring, coaching and applying tough love to transform careers and drive sustainable supporting desired success.
She stated further that many organizations make great declarations on sustainability, innovation, equality and growth, but the real difference lies in execution.
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