Bello Rabiu

SEPLAT Energy Plc

Independent Non-Executive Director

Mr. Bello Rabiu holds a Bachelor’s and Master’s Degrees in Mathematical Statistics from Ahmadu Bello University Zaria, Nigeria and another Master’s Degree in Petroleum Engineering from The Imperial College, London, United Kingdom. He attended many career advancements courses in Nigeria and abroad including the prestigious Wharton Executive Development Program from the University of Pennsylvania in Philadelphia, USA and Leading Global Business Program from Harvard Business School, Boston, USA. Before his new role at Dankiri Farms, Mr. Rabiu retired from the services of Nigerian National Petroleum Corporation (NNPC) in July 2019 after 28 years of service. He retired from NNPC as the Chief Operating Officer/Group Executive Director, Upstream Business Unit. Prior to his appointment as COO/GED Upstream, NNPC. Mr. Rabiu held dual positions of Group General Manager, Corporate Planning & Strategy Division and Senior Technical Assistant to Group Managing Director, NNPC. He was also the General Manager, Competitive Analysis Department of the same Division from September 2010 till August 11th, 2015. He was at various times between 1991 and 2005 a planning officer and Pioneer Head, Material Management, Frontier Exploration Services at the National Petroleum Investment Management Services (NAPIMS) Division of NNPC. Mr. Rabiu has a balanced knowledge of the Exploration & Production industry in Nigeria. He has the unusual capability which combines commercial/fiscal knowledge with operations. This was particularly valuable in the development of the recently approved upstream Joint Venture funding scheme which has restored the confidence of the International Oil Companies (IOCs) Partners and the implementation of the 7 Critical Gas Development Projects, an offshoot of Nigerian Gas Master Plan aimed at using gas for Nigeria’s industrialization, economic growth and development – where significant consideration had to be given to strategic intent, fiscal rules and commerciality of supply.

Sessions With Bello Rabiu

Monday, 7 March

  • 07:30pm - 09:00pm (CST) / 08/mar/2022 01:30 am - 08/mar/2022 03:00 am

    An Era of Advantaged Petroleum

    Lunch/Dinner Discussion Upstream Oil & Gas

    Upstream companies know that, over the longer term, the energy transition could significantly depress both demand and price levels for petroleum products. Companies will seek to remain profitable by owning assets that contain the planet’s most valuable barrels and molecules; commonly referred to as advantaged petroleum. Advantaged petroleum assets typically will exhibit low finding and development costs; they should deliver production that is dilutive to a company’s existing portfolio in terms of emissions, carbon intensity, and carbon footprint. The risk profile of these assets and the markets they supply should be seen as manageable and relatively stable. Companies need to stay ahead of change to ensure that their petroleum resources remain advantaged. Will the focus on advantaged petroleum leave some basins and players out of the mix, hastening the decline of older, traditional producing areas? What role might certification play; for example, will the concept of responsibly sourced gas expand globally beyond the US arena?