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Business

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ICT

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Capital Market

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Insurance

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

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Business

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ICT

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Capital Market

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Insurance

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Oriental Energy Resources Names Mustafa Indimi as New MD

Mustafa Indimi has been appointed the new Managing Director of Oriental Energy Resources Limited, a leading indigenous oil exploration and production company in Nigeria. Mustafa takes over from Mr. Ignatius Ifelayo who served the company meritoriously for seven years.
Prior to the new appointment, Mustafa was the Executive Director (Technical) and a member of the company’s Board of Directors. He brings with him an in-depth knowledge of the business and he is well-positioned to drive the company forward.
A master’s degree holder in petroleum production engineering from Robert Gordon University Aberdeen, Mustafa has an impressive track record of leading teams to deliver outstanding performance and results.
On his new challenge, Mustafa commented: “It is an exceptional privilege to be appointed as Managing Director at a time that provides great opportunity to take the company to new heights. I am looking forward to working with the Board, Management and Staff to strengthen and grow the company by building on the solid foundation to generate significant value for all stakeholders.”
“Underpinning everything is my commitment to the company’s vison to set the standards that all other E&P companies in the Nigerian oil and gas industry will be compared against.’’

About Oriental Energy Resources
Oriental Energy Resources Limited is an indigenous oil exploration and production company founded in 1990 by Alhaji (Dr.) Muhammadu Indimi, OFR. It operates two marginal fields in offshore Akwa Ibom, Ebok (OML 67) and Okwok (OML 67), as well as one oil mining lease OML 115.

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The Bloody News from South Africa

When apartheid ended in 1994, the ANC promised to make black South Africans richer (Black Economic Empowerment). The lot of poorer blacks, however, has not improved much. Many are frozen out of the workplace altogether. The unemployment rate among blacks is 28.5%, compared with 5.6% for whites. If those who want work but have given up looking for it are included, the jobless rate is a whopping 41.6% for blacks compared with 7.5% for whites. The Economist, April 27, 2013.

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