Ufuoma Otomewo

GM, Commercial

Ufuoma Otomewo is a business strategist and business finance professional with over 19 years’ experience in audit and across diverse functional areas in the oil and gas value chain. Prior to his current role as General Manager Commercial, he was General Manager/Senior Advisor in the Asset Management and New Energies directorate of Total E&P.

Ufuoma holds an MBA from Manchester Business School (MBS), UK, as well as a B.Sc. (Hons) in Accountancy from the University of Nigeria, Nsukka. He is a member of the Association of International Petroleum Negotiators (AIPN), the Institute of Chartered Accountants of Nigeria (ICAN) and the Canadian Institute of Management (CIM). He also completed the TOTAL/HEC Business School’s Business Skills and Leadership Development Programme.

Ufuoma began his career with Deloitte in 2001, where he led several audit assignments. He thereafter joined Total E&P in 2003 and has over the years worked in various capacities and locations in Nigeria, France, the UK and Norway. He played key roles in the successful negotiation of several agreements for the trial marketing of the USAN Project new crude oil stream, the negotiation of a joint venture governance process agreement for a portfolio of concession assets, the negotiation of a multi-million dollar indemnity release agreement, the
negotiation of several commercial and financing agreements for a bundle of upstream oil and gas projects, the development of the marketing and shipping strategy for a major Russian LNG project and the SPA negotiation for a LNG project in Mexico, among others.

During his career, Ufuoma has had the privilege of working with multi-cultural, multi-disciplinary and multi-structured teams. This has given him insights into how valuing differences within teams can help in sustainable long-term value creation. This underpins his strong focus on exploring value maximisation opportunities and negotiating win-win outcomes for all relevant stakeholders.