Based in the Royal Kingdom of The Netherlands, the Chairman has coordinated foreign direct investment (FDI) with African embassies in The Hague and Brussels. The Chairman is driven by strong ethical values, focused in pursuit of goals and diligent as a consultant for the Embassies, namely on trade and investment promotion with particular reference to funding support for low and middle income housing projects in Nigeria and elsewhere in the African continent. Through the work he did, strong business cases were finalized over the years. These encouraged several Dutch and European institutions to sustainably invest in the African Housing sector. By estimation, the inflow of investment in this sector might have surpassed €250 million over the past five years. He also facilitated several high level interface meetings between African business communities and their European Counterparts that were equally resourceful. He co-founded a students association named African Link at Erasmus University/Rotterdam school of Management. He also championed initiatives on encouraging African countries to setup factor conditions in their countries and this enabled them to add value to the raw materials and precious minerals before exporting, as part of their poverty reduction/eradication strategy. The Chairman is married, with 2 children.
Mr. Okundaye is President and CEO, Oases Offshore Nigeria Ltd, and a Director in Synterra Energy Assets and Phil Nugent Nigeria, Ltd. With over 30 years energy related experience, Mr. Okundaye has developed various business opportunities both in Nigeria and United States for a wide range of energy firms including Marathon, Burlington Resources, Spinnaker Exploration (Hydro Gulf of Mexico), Famfa Nigeria Ltd, Hoslyn Oil & Gas Services, Conoco Dupont Nigeria and NDPHC / NIPP, the Government Power Generation groups in Nigeria.From 1983 to 1990, Mr. Okundaye was Manager of Budget Pricing & Gas Pipeline Transportation for the SW market areas at Columbia Gas Transmission Corp, Houston, Texas. Following that he established Common Resources Ltd in 1991, and provided oil & gas related consulting services to Famfa Nigeria Ltd, the Nigerian oil company holder of the deepwater block – Agbami (1 billion bbls ChevronTexaco discovery). Between 1993 to 1998, Mr. Okundaye co-founded Hoslyn Oil & Gas Nigeria, and was responsible for the $9m, 10,000 bpd Oziegbe oil production field for NNPC. In 1998, together with Mr. Phil Nugent he co-founded Phil Nugent Nigeria Ltd, to cater to the needs of various oil & gas consulting services in Nigeria and West Africa.Between 2000 and 2001, the Phil Nugent Ltd Group consummated a consulting deal with the ERHC Energy Corp for the Sao Tome / Nigeria Joint Development Zone (JDZ) in the Gulf of Guinea, in West Africa. The JDZ holds over 14 billion barrels in potential reserves. The Phil Nugent Group holds substantial position in ERHC Energy shares.Mr. Okundaye as President of Phil Nugent Nigeria Ltd recently secured a twenty (20yr) year contract with Niger Delta Power Holding Company to process up to 1bcf/day of pipeline fuel gas which could yield up to 45,000 barrels of day of mixed natural gas liquids and condensates in Nigeria for further export to USA.Mr. Okundaye is married with three children.
Member of the Board
Founder of Preatorian Global Group and CEO
- Establishing a finacial model geared to next generation financial market
- Implementing it on the forex market
- Enter African market in Uganda
- Managing landtransport/logistics East Africa
- Builds network East Africa on ministry and international company management level, within business sectors of logistics, export of commodities and import/supply of fuel
- Co founder of Zodiac consortium containing global scaled companies involved in Infrastructure, Energy, Commodities training in Africa, South America, Asia and Europe.
- Managing consortium in:
- Mass housing project in West Africa
- Refinancing of state loan from African country
- Crude oil return program geared to manage a full chain system of takingcrude oil to refinery, refine and bring back to crude origin, store it and distribute locally
- Organizing power generation of multiple power plants between 40-500 Mw to be decommissionedconverted to biomass/multifuel ad relocated to new locations
- Organized worldwide commodities trading platform for metals and minerals
- Organizing mining concessions in Africa, South America and Asia
Andrew Etim Ntia
Mr. Andrew Etim Ntia, is a Business Development Executive, with a demonstrated experience in the Energy, Marine and Oil & Gas industries. With particular interest in onshore and offshore project development and management spanning more than 14 years. Andrew started with his internship in Shell Petroleum Development Company, where he was engaged with Hyundai Heavy Industries (HHI) in the Shell Bonny Terminal Integrated Project. He later left HHI in June 2006 to start his own company (Andemxx Global Services). As the CEO of Andemxx Global Services, which was later upgraded to Andemxx Oil & Gas Limited, he was contracted as an indigenous sub-contractor with TSKJ, the EPC Consortium for the Nigeria Liquefied Natural Gas Ltd (NLNG) Trains 1 to 6 Project in Bonny Island. Before April 2007 he was able to introduce to the head of materials/procurement viable in-country supply options that later earned the organization an enhanced mutual beneficial relationship between them and the locals before the completion of NLNG Train 6 project. Following his experience with the NLNG Project, he has developed other business opportunities. Prior to his joining DRAFINSUB, with his keen interest in the development of technical skills for the locals through several local content developments initiatives to close the gap that exist in the human capability apace in Nigeria’s Energy, Marine and Oil & Gas industries, has over the years worked and partnered with several European companies, e. g., Cryonorm Systems BV, Seacontractors, Axegaz, Frames Group etc.