TotalEnergies has appointed Matthieu Bouyer as its new Chief Executive Officer, in addition to his current responsibilities as Managing Director of TotalEnergies Upstream Companies in Nigeria and Representative of TotalEnergies Company in Nigeria. This appointment was officially confirmed by the company.
The appointment became effective on August 21, 2023.
Read also: FG, FEMADEC Group to set up 500 autogas-powered buses
About TotalEnergies CEO
Matthieu BOUYER, a native of France who received his education at Ecole Centrale, became an Exploration & Production Facilities Engineer with Total in 2005 after completing the company’s training programme.
In Africa, Asia, France, and the Middle East, he worked in a variety of high-level positions in Operations, Field Development, Engineering, and Project Management.
In the year 2015, Matthieu held the position of Strategy Analyst at the firm’s headquarters, where he worked on important long-term initiatives and activities for the company all over the world.
He relocated to London in 2017 as part of the Investor Relations Entity, where he worked alongside other top executives to cultivate relationships with shareholders and evaluate TotalEnergies’s success in the financial market.
Matthieu was appointed Managing Director of TotalEnergies EP Qatar and Country Chair in Qatar in November 2020. He served in this capacity until he was named Managing Director of the upstream business and TotalEnergies representative in Nigeria.
CEO of NNPC hosts new CEO of TotalEnergies
The Nigerian National Petroleum Company Limited (NNPC) and TotalEnergies took their long-standing discussion on collaboration for the growth and development of the Nigerian oil and gas industry a step further last week when the NNPC Group Chief Executive Officer, Mele Kyari hosted the new Managing Director of TotalEnergies EP Nigeria Limited and Country Chair, Mr Matthieu Bouyer. The meeting was held at the NNPC headquarters in Abuja, Nigeria.
Following the regular reorganisation that saw the immediate-past Country Chair, Mr. Mike Sangster, appointed to manage the company’s Africa Business Division, this came as a result of the nomination of Bouyer as the Managing Director of TotalEnergies EP Nigeria by the company’s board of directors in Paris, France. This appointment came as part of the routine reorganisation.
Kyari and Bouyer took advantage of the first meeting they had together to discuss potential future partnerships between the Nigerian National Petroleum Corporation (NNPC) and a large energy company in France. The discussion took place in the NNPC towers in Abuja.
In a brief message published on X (which was formerly known as Twitter), NNPC revealed that its GCEO, “had the pleasure of receiving the Managing Director and Country Chair of @TotalEnergiesNG E&P Nigeria, Matthieu Bouyer, in his office,” adding that, “the meeting served as an opportunity to welcome him to Nigeria and discuss future collaborations.”
Though the details of the meeting is yet to be made public, it has been gathered that a partnership between NNPC and its partner operators was highly needed taking into account the urgent need to claw back the lost investments in the Nigeria oil and gas industry, which has primarily contributed to the low exploration and production activities and resultant continued drop in oil production amidst dwindling oil revenue.
Bouyer, who is slated to control TotalEnergy’s upstream branch at a time when divestment of assets had been prominent among international oil corporations (IOCs), who wish to remove the considered high-risk onshore assets in Nigeria in preference for the low-risk offshore assets, would do so at a time when TotalEnergy’s upstream arm is scheduled to be overseen by Bouyer.
It’s possible that Kyari and Bouyer talked about the ongoing Preowei project during their conversation. The NNPC had projected that the project would bring in Foreign Direct Investment (FDI) worth $2 billion, and it was inching closer and closer to a Final Investment Decision (FID).