An experienced petroleum industry professional, Edesiri Onatejiroghene Ibru serves as a corporate finance analyst with Midwestern Oil and Gas Company Limited. Before entering the workforce, Edesiri Onatejiroghene Ibru completed studies at Imperial College London, where she earned a master’s degree in petroleum engineering.
Imperial College recently hosted renowned physicist Stephen Hawking, who gave a lecture about his work with black holes. In his talk, Professor Hawking countered notions that black holes are the ultimate destroyers of matter. He also spoke about how black hole theory has developed over the years and about Hawking radiation emissions associated with the phenomenon.
Five current faculty members at Imperial College are former pupils of Hawking. They joined him before the lecture in a special celebration. During the event, Hawking expressed pride in the work that the theoretical physics department at Imperial College has been able to accomplish, citing the school as one of the preeminent institutions in the world for such studies.
The former executive director of Destiny Dredgers International, Ltd., Edesiri Onatejiroghene Ibru now serves Midwestern Oil and Gas Limited in Nigeria as a corporate finance analyst. An experienced project manager, Edesiri Onatejiroghene Ibru has also earned the
practitioner certification, which helped her develop her skills.
Project managers must possess a number of key qualities to be successful in their roles, including the following.
1. Integrity in both words and actions demonstrates to the project team and all key stakeholders that the manager can be trusted. Project managers are clear and transparent in communications and the methods they use.
2. Project managers have excellent time management skills, which allows them to schedule both their own time and that of their teams. They can prioritize tasks and delegate appropriately.
3. Empathy is a key component in the makeup of a project manager. Not only does empathy allow project managers to relate to individuals in their teams, but it also helps them determine key motivators for each person that can be used to drive productivity.
Over the course of her career in the oil and gas industry, Edesiri Onatejiroghene Ibru has worked with several top companies in Nigeria. A corporate finance analyst with Midwestern Oil and Gas Company Ltd., Edesiri Onatejiroghene Ibru studied for her MSc in metals and energy finance at Imperial College London.
A one-year program consisting of classroom-based teaching and practical experiences, the metals and energy program at Imperial gives students the tools necessary to succeed in petroleum-related corporate finance roles. The classroom-based portion of the program focuses on areas such as cash flow modeling, metals and energy project appraisal, quantitative finance, mineral deposits studies, and more. Students with sufficient backgrounds in mathematics also take a European language course to enhance their skills in the global marketplace.
In terms of real-world experience, students participate in a mineral project appraisal and finance module at the Centre for Professional Development. During this time, students apply their classroom lessons and learn from the experience of other delegates in the program. In the summer term, students spent at least 10 days in a region of mineral processing, energy development, or active mining, where they gain a firsthand look at the extraction industry.
Since 2015, Edesiri Onatejiroghene Ibru has served as a corporate finance analyst at Midwestern Oil and Gas Company Limited, based in Nigeria. As a part of her work, Edesiri Onatejiroghene Ibru holds industry certification with various regulatory bodies, such as PRINCE2.
PRINCE2 (also known as PRojects IN Controlled Environments) is an internationally recognized certification, by both private and public businesses, that sets apart an individual as being specially qualified in project management. Among other skills, PRINCE2 training aims at equipping individuals with the means to find the right reasons to move forward with a particular project, as well as strategies for overseeing large projects.
This certification can be an asset to include on a resume, showing employers who look for project management candidates that an individual possesses skills that set them apart from other candidates. Surveys have also indicated that those who obtain PRINCE2 training have found it to be an invaluable tool to advance their careers.
Edesiri Onatejiroghene Ibru is an oil and gas analyst with 15 years of experience in the field. Edesiri Onatejiroghene Ibru currently serves as a corporate finance analyst with Midwestern Oil and Gas Company Ltd. in Lagos, Nigeria.
Defined broadly as all financial activity undertaken by a business, corporate finance adheres to a number of guiding principles regardless of industry. Here is a quick look at three core principles of corporate finance.
Financing Principle: Corporate finance professionals must select the combination of debt and equity that optimizes the value of their company’s investments. The financing principle also requires businesses to select their financing based on the specific assets being financed.
Investment Principle: Successful businesses choose investments whose yields exceed a set minimum hurdle. Return on investment is often measured in terms of cash flows generated, but corporate finance professionals must also consider other benefits and drawbacks of each investment.
Dividend Principle: In the event that investments do not exceed the baseline hurdle, businesses must return money to their owners. Depending on the preference of the shareholders, these returns can take the form of true dividends or stock buybacks.
Now working at Midwestern Oil and Gas Limited, Edesiri Onatejiroghene Ibru started her career as an upstream petroleum analyst with Deloitte & Touche’s Petroleum Services Group. A graduate of Imperial College London, where she earned her master’s degree in petroleum engineering in 2001, Edesiri Onatejiroghene Ibru is the daughter of Chief Michael Ibru, a noted entrepreneur in her native Nigeria.
A career in petroleum engineering offers a wide array of benefits. In the United States, petroleum engineering is considered a growth industry, achieving above-average growth according to information published by the US Bureau of Labor Statistics. The demand for qualified individuals in this sector is also reflected in the average pay petroleum engineers receive, which was on average $129,990 per year as of 2015.
Petroleum engineering graduates are also offered variety in their careers and are capable of working in diverse roles, such as reservoir, production, and drilling engineering. Furthermore, as petroleum engineers are in demand all over the world, the probability of visiting new places while working in the role is high.
As a dual citizen of Nigeria and the United Kingdom, Edesiri Onatejiroghene Ibru has received an international education. Edesiri Onatejiroghene Ibru obtained her master’s of science in metal and energy finance from Imperial College, London.
The college’s master’s of science degree in metal and energy finance is a one-year program that begins each October. The program is jointly managed by the Department of Earth Science and Engineering and the Imperial College Business School. It is an amalgamation of various topics ranging from mineral deposits, petroleum, engineering, and project management to other business-related classes.
The master’s program is designed to help graduates build careers through understanding the technical and financial aspects of petroleum and mineral resource developments. It consists of classroom-based activities along with practical classes. Students take part in seminars, as well as a 10-day field visit to different mining and energy development sites.
Candidates with an honors degree in engineering, the physical sciences, and economics with a sound background in mathematics are eligible to apply for this program. Having relevant experience is an added advantage.
A skilled executive with a history of holding leadership positions, Edesiri “Tejiro” Onatejiroghene Ibru leads Nigeria-based Destiny Dredgers International as the executive director and head of corporate services. Edesiri Onatejiroghene Ibru graduated from Imperial College London with a master of science (MSc) degree in petroleum engineering.
Imperial College London’s MSc of Petroleum Engineering program trains students to understand and utilize prevalent workflow concepts in the oil industry, while preparing them to work in multidisciplinary teams. The full-time course guides students in applying their knowledge from other engineering and science-based foundations into the specialties of petroleum engineering. Although individual modules may vary between academic years, the course curriculum for the 2017-2018 academic year is organized around five teaching modules featuring petroleum engineering laboratories, a field trip, and industry seminars. Students will also participate in group and individual projects.
Students must possess a first class honors degree in a science or engineering subject in order to apply for the program, and international students must meet country-specific qualifications. Furthermore, candidates must demonstrate a minimum level of proficiency in the English language.
To learn more about the MSc of Petroleum Engineering program, visit imperial.ac.uk/study/pg/earth-science/petroleum-engineering.
Executive director and head of corporate services at Destiny Dredgers International in Nigeria, Africa, Edesiri “Tejiro” Onatejiroghene Ibru oversees several company departments and ensures staff remain aware of changes in corporate culture. Edesiri Onatejiroghene Ibru also possesses a practitioner level certification in Projects In Controlled Environments (PRINCE2).
PRINCE2 provides an effective, process-based method for program management that offers best practice guidance and focuses on business justification. It outlines a defined organization structure for project management teams to follow and utilizes a product-based planning approach that divides the project into manageable stages. Furthermore, the method’s flexibility enables project management teams to apply it at levels appropriate to each individual project.
Benefits of the method include a greater sense of resource control and an improved ability to manage project and business risk. Certification also increases employment prospects and allows project managers to do their jobs with better efficiency. In addition, organizations that boast PRINCE2 certification can maintain a more consistent approach to their projects with a controlled start, middle, and end. It also provides an opportunity for regular review of progress.
Extensively used by the United Kingdom (UK) government and in private sectors internationally, PRINCE2 maintains a public domain status. The Central Computer and Telecommunications Agency (CCTA) established the method in 1989 and originally drew inspiration from PROMPT, a project management method designed by Simpact Systems in 1975. After the launch of PRINCE2, the CCTA suspended the use of PROMPT.
For additional information about PRINCE2 and certification details, visit prince2.com.