Yemisi Izuora
Seven Energy International Limited has announced the appointment of Manish Maheshwari as Chief Executive
Officer to succeed Phillip Ihenacho who had informed the Company in 2016 of his wish to step down from a full time executive role with the Company.
The company is an integrated gas company operating in Nigeria, with upstream oil and gas interests in the Niger Delta region.
Manish Maheshwari has over 22 years’ experience in the oil and gas sector, most recently as Chief Executive Officer of Essar Exploration & Production, and prior to that as Managing Director of Hindustan Oil Exploration Company Limited, a subsidiary of Eni SPA.
In his previous assignments, Manish has been instrumental in turning around and delivering multi fold growth from onshore and offshore assets in a safe, timely and cost effective manner. Manish has been involved in negotiating Production Sharing Contracts with Governments, Joint Operating Agreements with National & International Oil Companies, Crude Oil Sales Agreements, Gas Sales Agreements with aggregators and end users, as well as successfully completing several farm in and farm out arrangements.
Manish is bringing in rich experience overlapping technical, commercial and financial domains in emerging economies.
Manish has a Bachelor (Hons.) in Engineering and a Masters in Business Administration from Strathclyde University and has been a member of several professional bodies including the Society of Petroleum Engineers (SPE) and Association of International Petr
oleum Negotiators (AIPN).
Phillip Ihenacho, the outgoing Chief Executive, said: “I am very pleased that we have succeeded in attracting such a high quality Chief Executive for the Group. As we enter the next phase of the Group’s development, Manish brings all the relevant industry experience to deliver our strategy and I personally look forward to working closely with him.”
Manish Maheshwari, the incoming CEO said: “I am delighted to join Seven Energy Group, which is uniquely positioned as an integrated gas company to meet the growing energy demands of the domestic sector in Nigeria. I look forward to working closely with the various stakeholders in defining and delivering strategy aimed to position the Group on a path of sustainable and value accretive growth.”
Matthew Harwood, Chairman said: “Over the past five years Seven Energy has delivered on its promise to develop an integrated gas business in south east Nigeria and I thank Phillip for his outstanding contribution in achieving this goal. I am de
lighted to welcome Manish Maheshwari to Seven Energy and look forward to working with him and benefiting from his wide experience in the industry.”