OTC Energy Roundtable

Panelist: Olufisoye O. (Fisoye) Delano

Fisoye Delano was recently appointed managing director of NPDC. NPDC, a wholly owned subsidiary of the Nigerian National Petroleum Corporation (NNPC), operates OMLs 111, 65 and 119 on behalf of itself and other partners, and is the operator of some fields on behalf of the NNPC/ Shell Petroleum Development Company Joint Venture and the NNPC/ Chevron Nigeria Limited Joint Venture.

Prior to moving to NPDC, Delano was the group general manager of the corporate planning and development division of NNPC. He was responsible for driving projects of strategic national interest like the Gas Master Plan, Structure Financing Strategy for the Upstream Joint Venture and the NNPC Liquefied Natural Gas (LNG) Strategy. Before joining NNPC, he was a senior researcher of the University of Houston Institute for Energy, Law and Enterprise, which is now the Center for Energy Economics, Bureau of Economic Geology at the University of Texas at Austin. He led the LNG research consortium "Commercial Frameworks for LNG in North America.”

Delano has almost 30 years of extensive international experience in interdisciplinary energy research, worldwide resource assessment, reservoir management, oil and gas production operations, tactical and strategic planning, economic analysis, and development of new business opportunities.

He spent 20 years with Texaco where he held various positions in Nigeria, Trinidad & Tobago, and the US. He started his career with Shell Petroleum Development Company as a wellsite petroleum engineer in West Africa. He is a member of the Society of Petroleum Engineers. He was the 2004–05 president of the Houston chapter of the United States Association for Energy Economics.

Delano attended Igbobi College, Yaba, and holds a BSc degree in petroleum engineering from the University of Ibadan, Nigeria; an MBA degree from the University of Lagos, Nigeria; and an MSc degree in petroleum engineering from the University of Houston.