Igho Sanomi To Buy $2.5bn Shell Oil Block
Nigeria’s youngest billionaire and oil trader, Igho Sanomi 39-year-old is set to acquire Royal Dutch Shell’s highly productive oil block, Oil Mining License 29 (OML 29) for $2.5 billion as the company continues divesting its assets in Nigeria.
Sanomi’s Taleveras Group, according to the Wall Street Journal will also be buying a pipeline associated with the OML 29 as part of the total sum.
The oil block won by Talevaras is the most coveted of all the oil assets, including OMLs 18, 24, 25 and 29, put up for auction by Shell. According to Shell figures quoted by the Africa Oil and Gas Report, the remaining reserves (P1+P2) in OML 29 is about 2.2 Billion barrels of oil equivalent (BOE). The hydrocarbon fields on the acreage could deliver as much as 160,000BOPD and 300MMscf/d at peak, with focused, aggressive work programme.
Shell has signed sales and purchase agreements for some of the oil mining leases it plans to sell, according to The Wall Street Journal, and once the deals are completed, a market announcement will be made.
Igho Sanomi, who founded Taleveras Group in 2004, may see his $1.6 billion net worth grow by leaps and bounds when the deal for the OML 29 is completed.
One of Africa’s youngest billionaires, Sanomi was recently listed atop Choiseul’s 100 African economic leaders under 40.
Apart from oil & gas, Sanomi has business interests in telecommunications, maritime, aviation and real estate.

Here's a look into his biography!

Igho Charles Sanomi II was born in 1975 in Agbor Delta State, Nigeria, the fifth child (and first son) of a devout Catholic family. His father, the late Dickens Oghenereumu Patrick Sanomi hailed from Delta State Nigeria and was a retired Assistant Inspector General of the Nigerian Police. Mr Sanomi’s mother, Mabel Iyabo Sanomi holds a Royal title of Yeye Jemo of Isotun Ijesha Kingdom in Osun State. She was a renowned nurse and medical entrepreneur from Osun State in South Western Nigeria.
Mr Sanomi entered the world of business shortly after completing his Bachelor’s Degree in Geology and Mining at the University of Jos in Northern Nigeria. He rose quickly to the position of Executive Director with Sarian Oil and Cosmos Oil AG, an international Oil Trading Company with its core activities in West Africa.  During his time in this role he single handedly developed the company’s trading operations by negotiating the export and delivery of fuel oils from West Africa to the United States Gulf Coast. He also developed a strategic alliance with a major international oil trading group based in Zug, Switzerland. This partnership oversaw the import and export of millions of tons of refined petroleum products to and from the West African coast.
Mr Sanomi is the CEO of the Taleveras Group he founded in 2004. Mr Sanomi is also Chairman of the Dickens Sanomi Foundation board of Trustees, Dickens Sanomi Foundation is a non profit charitable organisation which he founded in memory of his late father. He also sits as Chairman and Co- Chairman of various companies Board of Directors, which he founded or co-founded. These companies activities span from Telecom to Shipping, Aviation and Real Estate Investments worldwide.
His vision and drive has turned the Taleveras Group into a internationally recognized energy and power conglomerate, with offices in London, Geneva, Cape Town, Dubai, Ivory Coast, Abuja and Lagos. Visit the business page to read more about Mr Sanomi’s current business activities.

Yawns

Who is he a face for ?

MY FUTURE HUSBAND

He's been given a silent bonus with the deal...[/b]Oil Bunkering[b]

aljharem:
Yawns

Who is he a face for ?

Exactly.

aljharem:
Yawns

Who is he a face for ?

surely another politician made billionaire.
Ur guess will be as good as mine. choose one option

a. Babangida

b. Johnathan

c. obasanjo

d. buhari.

kolaaderin:



surely another politician made billionaire.
Ur guess will be as good as mine. choose one option

a. Babangida

b. Johnathan

c. obasanjo

d. buhari.

Obsanjo.

a figure head

Ok

kolaaderin:



surely another politician made billionaire.
Ur guess will be as good as mine. choose one option

a. Babangida

b. Johnathan

c. obasanjo

d. buhari.

In this case, I will pick obasanjo

aljharem:


In this case, I will pick obasanjo

True. This has OBJ written all over it.

That nigga aint any sh1t a billionaire....

He is sitting on another man's throne - a goat mask on a lion's face.

I pray he get his share though.

Waste of money.

Watch out! I am the next big thing in this country and the world because I will be replacing this guy in this league! Sure thing. Focus is my thing. K

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kolaaderin:

surely another politician made billionaire.
Ur guess will be as good as mine. choose one option
a. Babangida
b. Johnathan
c. obasanjo
d. buhari.

I'm thinking Jonathan..considering the fact that he is from the south-south.

Kk

kropelgrada:

I'm thinking Jonathan..considering the fact that he is from the south-south.

His mum is 'Ijesha' from Osun and heavily titled.

kropelgrada:

I'm thinking Jonathan..considering the fact that he is from the south-south.

do u really think so? I just feel he is a self made billionaire!

https://www.nairaland.com/1883614/abiye-sekibo-killed-harry-marshall/1#25961044


Of course he's fronting for someone.Read my comment in d above thread posted b4 he bought it.

aljharem:
Yawns

Who is he a face for ?

Source?

https://www.nairaland.com/1883614/abiye-sekibo-killed-harry-marshall/1#25961044


Of course he's fronting for someone.Read my comment in d above thread posted even b4 it bcame "public" knowledge.

aljharem:
Yawns

Who is he a face for ?

Dis a news to emulate

My dream, my reality. Inspiring.

Ok! Is that the Igho Sanomi Don Jazzy mentioned in Dorobucci Highlife version. Cool dude, 39years! Lemme check how many years I have to catch up with his achievement at 39

click2cbn:
Ok! Is that the Igho Sanomi Don Jazzy mentioned in Dorobucci Highlife version. Cool dude, 39years! Lemme check how many years I have to catch up with his achievement at 39

Guy u dnt need to check n compare his age with urs. All u need is d right position n good head on ur shoulder and watch urself skyrocket. U can beat his achievement in 3yrs if u v all that n cap it all with God's blessing on urside

I'll be damned if 2.2 billion barrels of oil equivalent in reserves is to be sold for 2.5 billion usd. Slightly more than 1usd/bb. It's either
1. the report is wrong
2. Shell is lying about the figures
3. The buyer doesn't know what he is buying.