Petralon Energy appoints Uduak Equere as Executive Director

Uduak Equere has been appointed Executive Director of Petralon Energy, a Nigerian oil exploration and production company. The announcement comes as the company strengthens its expansion and positioning within Nigeria’s independent oil and gas sector.

Uduak, who previously served as Chief Commercial Officer, has played a central role in building Petralon over several years. Following his appointment, Equere will continue in his role as Chief Commercial Officer and remain an Executive Director of Petralon 54, a subsidiary of Petralon Energy, while assuming expanded responsibilities at the group level.

He is a member of the International Association for Energy Economics (IAEE), Uduak has completed advanced executive and energy-focused training, including Stanford University’s Energy Innovation and Emerging Technologies programme and London Business School’s Accelerated Development Programme. He holds an MBA in Finance from Imperial College Business School, London, and a Bachelor of Science degree in Economics from the University of Uyo, where he graduated as the Best Graduating Student in his department.

Before joining Petralon, he was an Investment Analyst at Vetiva Capital Management, covering energy sector equities and shaping market perspectives on Nigeria’s oil, gas, and power sectors, with regular appearances on CNBC Africa.

He later joined Afren Plc, where he was part of teams that expanded the company’s asset base through large-scale acquisitions, mitigated material contingent liabilities, and optimised fiscal outcomes across joint venture assets. At Xodus Group Africa, Uduak delivered petroleum economic assessments for major upstream developments, including advisory work on Africa Finance Corporation–backed transactions involving acquisitions and debt funding across Africa, all these strengthening his readiness for more strategic leadership responsibilities.

In a statement released on Monday, the company said “Uduak’s appointment reflects its confidence in his strategic vision and execution capability, as Petralon advances its production growth ambitions, expands its asset portfolio, and strengthens its position as a competitive independent operator in Nigeria’s upstream oil and gas sector.”