The new Managing Director of Ingentia Energies Limited, Engr. Victor Agbaroji, has pledged his company’s commitment to supporting Nigeria’s energy aspirations, including the national target of producing three million barrels of crude oil per day.
He disclosed on Tuesday in his acceptance speech at his his unveiling as the new MD of the company.
Agbaroji, who assumed office as the company’s new boss yesterday, informed that Ingentia Energies will focus on growth while building its people and operations.
He said: “We will continue to develop talents, improve efficiency, and embrace innovative ways of creating value.
“We will also deliver strong returns to our shareholders and stakeholders, while affirming our commitment to supporting Nigeria’s energy aspirations, including the national target of increasing crude oil production to three million barrels per day,” he added.
Shedding light on his priorities, Agbaroji said the immediate task is to consolidate existing gains, adding that: “Ingentia Energies has set the pace among its peers in growing the company since the acquisition of its licence, and we intend to maintain that momentum.”
People, he said, remain the company’s greatest asset.
He added: “We hold in high esteem our people and recognize the importance of safety, talent development, innovation and cost competitiveness. IEL will ensure that our people work safely and return home to their loved ones every day,” he said.
Engr. Agbaroji brings over 31 years of extensive experience spanning the entire oil and gas value chain. He began his career as a well test engineer, working across several fields before joining Shell as a Reservoir Engineer. During his distinguished career, he held key positions in operations engineering, corporate petroleum engineering, corporate planning and economics, where he contributed to portfolio optimisation initiatives that supported the emergence of Nigeria’s indigenous marginal field operators.
He also served as Front-End Development Manager for major gas projects, including gas supply initiatives for fertilizer production. At the global level, Agbaroji was Global Operations Manager for Reserves Reporting across the Shell Group, overseeing activities spanning Asia, Europe, Australia and North America. He later transitioned to Nigeria’s independent oil sector, bringing international best practices into indigenous operations.
Before his appointment at Ingentia Energies, he led technical advisory, risk management and project delivery support services for emerging energy companies. Industry stakeholders at the event expressed confidence that Agbaroji’s vast technical, commercial and strategic experience would position Ingentia Energies for sustained growth and greater contributions to Nigeria’s evolving energy landscape.
Earlier in his remarks, the outgoing Interim Managing Director, Engr. Charles Odita, described his tenure from March to August 2026 as an exciting and productive period during which the company recorded significant milestones.
He added: “It is my privilege today to hand over the affairs of Ingentia Energies Limited to the incoming Managing Director, Engr. Victor Agbaroji. The company has achieved a lot within the last six months, it is our desire that the new Managing Director will take us to the next level and I am confident that as an industry veteran, he would “hit the ground running” and accelerate the company’s growth trajectory.’’