1. Chukwuma (Chucs) Ahiakwo
Distinct Act Company  Suite G-06, Centage Plaza  12 Allen Avenue, Ikeja, Lagos, Nigeria
chukwuma.ahiakwo@distinctact.com  +234 8080 129 106
Chief Economist (Oil & Gas Industry)
Enabling the Achievement of Full Business Potential through Comprehensive Commercial Leadership
An accomplished and incisive Financial Modeller & Petroleum Economist with more than 20 years of leadership within Oil & Gas
and Energy industry and progressive experience in Chevron and Shell cutting across business planning, strategy, petroleum
economics/ decision analysis, project management and commercial agreements. Capable of visualizing the whole picture of
complicated interdisciplinary projects by givingcloseattention to detail. Possesses acutetechnical acumen.A highly organised and
effective leader, adept at fosteringstrong relations with clients and key stakeholders to achievebusiness and financial obj ectives.
A certified coach and a refined communicator with the ability to translate leadership’s vision into executable plans.
CORE COMPETENCIES
Strategic Business Planning  Petroleum Economics Modelling & Analysis  Client/Stakeholders Relationships  Program
Management  Risk Assessment & Mitigation  Non-Technical Risks Quantification (NTR-Q) Facilitation  Budgeting & Cost
Reduction  Petroleum Contracts & Agreements  Project Leadership  Commercial Negotiation  Cross-Functional Skills
PROFESSIONAL HIGHLIGHTS
 Certificate of Appreciation from Shell Nigeria Country Chair for delivering Petroleum Economics at University of Benin,
Benin City, Nigeria, 2013
 Celebration of Achievement commendation from VP Nigeria, Upstream International Integrated Gas and VP Finance
 Integrated Gas for NLNG/BGT Ship purchase contract signing, 2013
 Special Recognition Award for supporting Bonga South West/Aparo project in 2006
 Competed for and volunteered to provide a 1-year business mentorship to a World Heritage Site (Ugandan Wildlife
Rwenzori National Park) in 2013/14
 Panel Speaker at Platts 2013 Crude Oil Markets Conference at Singapore
 Certified Trainer, Coach and Speaker with John Maxwell Team (a foremost leadership expert) since February 2014.
 Author of a motivational and life-turnaround book, Get Up and Win Today! 2012
 Successfully led a faith based men’s organization in crafting strategy and transiting to a formal and vibrant group.
EXPERIENCES AND ACHIEVEMENTS
DISTINCT ACT COMPANY – Consulting in Petroleum Services 2015 – Present
Chief Economist/ Founding Consultant
Major Clients: Greenacres Limited, Execution Edge Limited and Eroton Exploration and Development Company Limited.
 Design and develop economic modelling and deliver expert investment advice for Oil & Gas Development.
Business & Leadership Consulting & Executive Coaching
 Principal visionary and strategic for theorganization,orchestrated all bottom-linefactors,includingcompany vision,long-
range strategic planning, brand management, and streamlining development processes.
 Rendered key leadership skills,developed and deployed cross-functional team to execute radio program, The Best of You
With Chucs O, on 92.3 Inspiration FM, Lagos (5:55am Tuesdays and Thursdays) from July 2015 to February 2016.
 As an Executive coach, keynote speaker and facilitator in corporate culture, managed business creativity and strategy.
GAS MIDSTREAM SHELL NIGERIA EXPLORATION & PRODUCTION COMPANY LIMITED 2010 – 2014
Lead Economist, Economics Discipline, Special Projects
 Shell’s secondee to Petroleum Industry Bill (PIB) Industry Team – Second in company command to control critical
operations with Oil Producers Trade Section (OPTS) of Lagos Chamber of Commerce and Industry’s (LCCI).
 Demonstrated a keen eye for detail to carry out comprehensive insightful economic analyses to support team for
petroleum industry bill (PIB) advocacy, conducted sensitivity analyses and determined impact on portfolio and projects.
Advocacy for PIB
 Composed comprehensive messages and prepared engagement materials including white papers, memorandum and
presentations. Executed environmental scanning, competitive intelligence information gathering and analyses.
 Built collaborative rapport with key stakeholders including Distinguished Senators and Honourable House Members.
Steered efforts towards changing of terms and conditions in bill to become more industry-friendly.

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Project Framing and Modelling
 Continuous advancement with greater responsibility and challenges due to strong performance, industry knowledge to
maintain economics models in compliancewith Group standards,includingpeer reviews and quality assuranceprocesses.
 Upheld superior level of leadership expertise and methodically headed economics team for transition to new Planning
application (Palantir’s Planning One), including development of economics workbench/ Excel models.
 Successfully framed and strategically assessed innovative commercial constructs for unlocking better value proposition
and funding alternatives targeted at fields without associated gas solutions.
 An integral participantin the development of risk register for team to ensure economic evaluations capturefull rangeof
uncertainties in gas supply, feed gas and LNG pricing.
Gas Governance
 Exhibited sound analytical abilities and fundamental knowledge that led to executed business/ project economics and
decision analysis supportfor existingNigeria LNG and NBD projects for Nigeria - Olokola LNG, West African Gas Pipeline
Company and Western Niger Delta Central Processing Facility (WENDCPF) that resulted in timely approvals of business
plans.
 Fostered congenial relations with multiple stakeholders and performed analyses in support of LNG regular and special
price reviews that led to successful negotiations with customers in Europe (Enel, GALP, Endesa and Eni). Additionally,
captured value for cargo diversions to Asia.
 Contributed to the success of strategic coreeconomic and financial analysis for thepurchaseof new LNG carriers,leading
to approval for final investment decision for the purchase of seven LNG carriers at a value of $1.6bln.
Discipline activities for UIO-Nigeria Economics Team
 Expertly managed the significant challenges associated with an emerging business by providing economics support for
group investment decisions, permission to commence negotiations and for Group Reporting.
 Scoped, spearheaded and delivered sound economics training, internally (for Development and Exploration teams) and
externally (University graduates, secondees from government, etc.)
 As economics lead, reviewed and determined adequacy of economics discipline input in value assurance reviews (Etan,
Zabazaba, Nembe, Awoba etc.) to deliver excellent results and achieve desired goals for project sanction.
SHELL NIGERIA EXPLORATION AND PRODUCTION COMPANY LTD 2007 – 2009
Senior Business Economist
 Ensured quality economics and investment decision support for Commercial Agreements and for production sharing
contract (PSC) review and determination of impact of change in fiscal legislation of Shell Nigeria deep-water portfolio.
 Provided economics support including monitoring of key project variables through the opportunity maturation process
(OPMG decision gates to FID) including sensitivities, probabilistic analyses, and investment decision support (GIP
economics, NFIs, screening studies).
 Liaised with Technical teams and Asset Development Leads for timely submission of business plans. Supported asset
development leads on value assurance reviews.
 Controlled endeavours toward exploration/ NBD economics support and for business strategic planning execution.
SHELL NIGERIA EXPLORATION AND PRODUCTION COMPANY LTD 2005 – 2007
Development Planner
 Efficaciously conducted and coordinated business plan preparation includingreconciliation of business plan submissions
with preceding year and quality assurance of overall submission.
 Liaised with government stakeholder to realiseapproval of work / budget performance and work programme and budget.
 Periodically assessed projectprogress in assuring timely projectdelivery,maintained databaseof projectdescriptions for
all milestones updates, update of project economics, and block overviews.
SHELL NIGERIA GAS LTD 1999 – 2005
Process/ Senior Project Engineer
 Led efforts towards the design, procurement and fabrication of gas equipment for downstream gas distribution.
 Evaluated, developed, and implemented operations manuals, coordinated operators training, commissioning and
reliability testing of gas distribution plants. Carried out gas pipeline process modelling using HYSYS and PIPESIM.
 Obtained approval for contract strategy and contracts for Agbara/Ota gas pressure reduction and metering plant
construction and managed contract execution – HSE, cost, scope, quality and schedule.

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CHEVRON NIGERIA LTD 1992 – 1999
Facilities/ Process Engineer – Project cost of $22 million
 Stellar roleas projectengineer accountablefor technical integrity upgradeof facilities,successfully led efforts on design,
construction and commissioning of a swamp flowstation (Utonana) within schedule, on budget and to quality.
 As new Facilities Engineer supported field development of new oil and gas production facility through coordinatingsurvey
and land acquisition, contributed to project definition and planning, equipment specification, conceptual and detail
design, project cost control and equipment/materials specification for the $100ml n Opuekeba project.
 Implemented process plantengineeringstudies and analysis(hazard and operability,debottlenecking),developed process
flowdiagrams and pipingand instrumentation diagrams (Escravos terminal) for sustained operationsof Escravos terminal
and offshore platforms.
OZONO NIGERIA LIMITED 1990 – 1992
Oil and Gas Engineer
 Tactfully completed technical challenges related to the corrosion inspection and monitoring, and executed construction
project engineering for oil and gas facilities upgrade works, pipeline construction, equipment inspection and testing.
EDUCATION
Master of Business Administration (MBA) University of Lagos, Nigeria. 2003
Registered Engineer in Nigeria (COREN), 2000
Bachelor of Engineering (Mechanical Engineering), University of Benin, Nigeria. 1988
TRAINING COURSES
Managing Individual Business Relationships/ Fundamentals of Negotiation
Financial Modelling/ Decision Analysis & Finance Evaluation and Investment Analysis
EP Business and Economics courses
Pipesim/ Process Engineering course and Hazard Analysis
Natural Gas Course, Regulator Station Design & Gas Distribution Operation
Facilities Integration course
Investigation/ Supervising Safety
Project Management
Design & Operation of Pumps, Compressors, and Prime Movers
1Design and Operation of Oil & Gas Handling Facilities. Piping, Pipelines and Gas Disposal Systems
Technical Writing / Communications and Presentation Workshop