Find Adewale Adenuga's phone number, address, and email on Spokeo, the leading online directory for contact information. A few weeks later Richard called me, “I have the perfect deal for you Paddy!” US oil giant, Chevron, had decided to sell their entire upstream, exploration and production business in the Netherlands and had appointed Jeffries to manage a bid process for the sale of Chevron Netherlands. During my time in the family business, as a director in the upstream oil & gas business, I had a close working relationship with Chevron Nigeria and knew its managing director. It is called the spoken word. Jeffries and Chevron confirmed they had received Catalan’s bid and would need two weeks or so to review all bids and come back with an answer. How could ONE and EBN be told to bog off and most of all by this small boy? I told him I was interested and that he should send all the necessary paperwork over. Nigeria. On one fine Amsterdam afternoon as I rode my bike through town, I thought to myself, “I am about to be a Nigerian Dutchman”. I emailed it out to ONE and EBN. Alas it was clear that this would have to be a cash deal with no bank debt or oil trading dollars. Below are interesting links related to Paddy Adenuga: – What is Paddy Adenuga… Nairaland Forum / Nairaland / General / Politics / Any One With Mike Adenuga Telephone Number. I balked at his request in annoyance. I had to reach out to Edgar and I’d also have to pay that princely sum of his. They had rejected Catalan’s bid and had deemed our bid unsuccessful. The Catalan management team thought I was crazy. However, Catalan would need to have management control of Chevron Netherlands as we know potential African partners would want to see the Afro side of an Afro-European oil company in control. Luckily for me, I had stopped being foolish by then. In the same email, I instructed the Catalan management team to cease all communication with ONE and EBN. The Catalan management team presented me the bad news. He asked me to meet him in the early spring of 2014 at a health spa in a small Swiss village outside of Zurich. I called my Bankers and made sure Edgar was paid. A few years prior I was the spearhead of my family’s acquisition drive for OML 30 (this is another whole story in itself), one of Shell Nigeria’s most lucrative oil blocks that was up for sale, I met a brilliant English banker named Edgar. To keep costs at a minimum, I decided to put together an advisory board that consisted of Vance Querio, the COO of Addax Petroleum at the time and an industry professional and my mentor (who will remain nameless for good reason), one of Africa’s biggest business giants. Mike Adenuga‘s son, Paddy Adenuga who has in the past been described as the prodigal son of the Nigerian telecommunications tycoon has given us a peek into his personal life. I made sure not to discuss the plan with Catalan’s management team for fear that it could leak out. I even bought a bicycle. Chevron finally opened the data room for the bid and provided all information needed for all companies to put in a bid. I countered that we needed to be aggressive and should take the entire abandex and offer cash of USD 50 million so that we could acquire Chevron Netherlands uncontested and plough quickly to our Africa strategy. Edgar knew he was needed now more than ever and cheekily asked for twice the amount he had originally requested for. As I said, I am the underdog here by a country mile; I always had to be ten steps ahead of everybody else. With our free Cash Card PPlus, you can: Withdraw your winnings as cash from ATMs; Spend your winnings online or in shops; Buy you and your mates a round after clicking an acca! What has quoting the Bible got with what i said? Tarica took me out for a meal, trying to encourage me. Telephone registered customers can use their account online by simply entering their 'telephone betting account number' (all upper case) or their e-mail address in the username field and then their password. More chess moves. Wonderment. I scheduled another call with my team and asked everyone to re-double their efforts to find active bidders. I went to Disneyworld and had a blast. California had healed me. I told him they don’t teach such at Harvard Business School, that this was native Nigerian business sense. Frankly, I didn’t know where I was going to find the money but I was throwing one last shot out there when in actuality it was no more than medicine after death. He invited me over to his palatial and modern home. The team prepared all the necessary paperwork, which I signed, and hand delivered to Jeffries offices to the manager of the bid process. I was a straight A student. Paddy Adenuga … I had read ancient Greek literature when I’d attended military academy in Texas and it served as inspiration. Most of the oil producing nations in sub-Saharan Africa such as Nigeria, Angola, and Equatorial Guinea would always require any investor into oil & gas assets in their country to either be an oil & gas operator with production on stream or be partnered with an operator, deemed a “technical partner”. This logic makes sense. Chevron now knew that it wouldn’t be too long before the last bidder was found and coerced into the Catalan-led JV. Chevron are by nature, prudently selective with which companies they invite to bid. Your parent did not teach you anything. Marcel saw me off and we both felt like we were on the verge of something great. Second son of Globacom’s Dr. Mike Adenuga,Jnr., Paddy was spotted on Sunday, January 24, 2016, at the Lagos Motor Boat Club. This was Californication at its finest. Chevron Netherlands was my Trojan Horse and it was on a strictly need to know basis. If I was able to find out whom the other bidders were for Chevron Netherlands, I could coerce these bidders to drop their respective bids and join me in a new multi-bidder venture. I dug deep into my email and found emails years back between Chevron’s senior management based in Houston and I. I reached out to the Chevron Houston team and went into full salesmanship. I remember our conversation like it was yesterday. That mystery last bidder that I had searched so hard for was there for my taking and it passed right by me. Nigerian Senators And Their Contact {Telephone number(s)} / Obasanjo, Adenuga, Okoya Welcome Buhari To Ogun State (Photos) / How Can I Get The Phone Number/email Address Of A Special Adviser To A Governor (2) (3) (4), Jonathan Plans Floating Cities In Niger Delta / Fulanis Killing People In Gagdarko Village 75 Km To Makurdi? In a tweet he … ONE and EBN wrote to Catalan formally withdrawing their participation in Chevron Netherlands. The Catalan directors agreed that for our plan to be successful, I in particular would have to eat humble pie. I felt like a genius. I knew it was about Chevron. ONE was also no small fry, they produced 60,000 barrels of crude and gas a day from their assets in the Netherlands and worldwide. Lastly, we agreed that we would write a joint letter to Chevron notifying them of our intent to form a JV and permission to submit a joint bid for Chevron Netherlands. I stubbornly refused to give up and wrote another letter to Chevron that Catalan would be prepared to pay up to USD 100 million for Chevron Netherlands. Our meeting was to discuss two major points. In the world of upstream oil & gas, especially in Africa, companies that were operators, actively producing oil & gas in commercial quantities that wanted to invest or participate in the oil business were the darlings of the industry. They had made up their mind. I thought we were friends. I would go away for two months. How Paddy Adenuga Nearly Acquired Chevron Netherlands. The next morning, I dashed off to the airport and flew back to Amsterdam. I would then use this newly acquired company, which would now be of Afro-European in heritage, to become a technical partner to many local and international investors in the upstream oil & gas business in Africa. It was like something out of a spy movie. The next day I called Jan-Dirk of EBN and told him that I was going to make a USD 50 million re-bid for Chevron Netherlands but this time I wanted to do so with the other bidders as part of a JV. Gary countered and said, “Well Paddy if you are not a bull, then what are you?” I paused for a moment, thinking. But you went out into the real world and fought hard and fought valiantly. I also told Richard how much we would be ready to spend for the first acquisition – between USD 50 million and USD 100 million. Good cop. Want to use your Phone Account Online? I was surprised he didn’t ask for my birth certificate and my mother’s driving license. It was like an oil painting come to life. I thought, no one remembers the 1st runner up, second place is just not first place. Whilst I lay in bed that night, one of my closest confidants nicknamed Heisenberg and a director in Catalan called me. They were not only keen on the gas coming from Chevron Netherlands but wanted operational control. No Problem! If I had told him what I was up to when we saw in London, whilst I was searching for the last bidder, he would have introduced us. Tullow Oil was also out of the bid out of the fear of the abandex costs. Back in London, I met with Marcel and Alex at a prestigious members club that both Marcel and I were members of. I, more than anyone, needed to be ten steps ahead at any given time. He would make Catalan sweat to earn partnership rights with ONE and EBN and then we would sweat further to convince Chevron of our JV. I made up my mind that I was going to find the remaining active bidders, coax them into joining me, and leave Chevron with no choice. I then called my friend Nicolas Lavrov, a web and graphics designer and over the course of a week we put together a sleek and polished company profile which me, my directors and advisory board began emailing out to interested parties. Richard Kent of Jeffries took me out for a drink. On July 14, 2014, I received a letter from Chevron. Marcel waved to Alex to join us and I asked Tarica to step outside with me. My father always uses a bull as his personal insignia and it had become synonymous with him. Something within me believed I was going to win this bid and with that in mind I was going to throw everything at it. I drafted the JV letter to send to Chevron. Leo’s are lions and I was my mother’s lion son, her Simba. A few weeks later, I got an email from Richard Kent of Jeffries. First, if the JV was to be successful, how would we carve out the Chevron Netherlands empire? Chevron Houston asked for time to consider. On the street of Maiden Lane and street number is 201. . I had always looked up to Remi. Marcel and I hit it off very well and found that we had a lot of mutual interests in common, more so he knew my mentor and on the strength of that would be happy to enter into a JV with Catalan and EBN. A year later, I moved back to Lagos for a few months to be closer to my family and to take a break from work. Remi is smart, successful, and highly intelligent. Gary Harwood of HKLM asked me if I wanted my father’s bull insignia adorned on any clothing or stationery. Essentially Catalan would agree to absorb the entire abandex amount and would pay a notional “$1” for the company. His birthstone is Pearl, Moonstone and Alexandrite. The word of God says the desire of the upright , shall be granted. I told Richard I was done. I called my management team, my directors, my advisory board, and my mentor to understand where we went wrong. Chevron San Ramon had their way. 8. I met with Edgar for a steak dinner. Billonaire son Paddy Adenuga appears to love being called ‘daddy’ by a girl. Chevron Netherlands was destined to be mine. Plan To Make Osinbajo President Will Fail - Arewa Youths Tell Yoruba Leaders. So the fact that Catalan was chosen was a big deal to me. We made a few tweaks to make the Lion look more intimidating yet regal and Gary sent me the final design. Whitepages people search is the most trusted directory. The team and I spent countless hours in meeting after meeting but to no avail. It was now left for Marcel to give the final green light. Catalan’s management team felt that because the abandex was so high, it negated an aggressive bid price and moreover Catalan would struggle to raise cash to pay for Chevron Netherlands. This Morning i did a story on Paddy Adenuga who is allegedly rumoured to be in love and set to marry a former Miss Lebanon and we added that Denials were welcome and Paddy … You might have lost but you won. I arrived at the lake and saw Guillaume sitting on a bench, feeding bread to ducks. We were a mix of cash (Catalan), operational experience (ONE), and government-state backing (EBN). The front staff is rude and short. Even though Remi was a great guy, I couldn’t take the risk. How could a 29-year-old Nigerian have found himself in a position to buy Chevron’s business in the Netherlands? I told Jan-Dirk and Thijs of my intentions and that I took this bid seriously and wanted to make sure that I did everything right in the eyes of not only Chevron but the Dutch government. Edgar was making progress with Alex. Alex had written me stating that before EBN and ONE would agree to write a JV letter to Chevron they needed to see financial statements from Catalan, a substantial amount of money had to be put in an escrow account, and he listed another laundry list of conditions precedent (CP). Surely, I was 29 and now undeniably stupid. I suppose Edgar knew his value and wasn’t going to mortgage it on a promise of monies at a later date. My time in the family business, as a director in the telecoms division and upstream oil & gas company was challenging to say the least but engaging and ultimately rewarding. The best thing about Paddy Adenuga’s story is that he did not win the bid. We agreed that Catalan would have management control but would let ONE drive the gas affairs in the JV with EBN doing the same for the oil. We were taken up to their main conference room where we were introduced to the rest of ONE’s management team. I was 29 at the time and was still head-strong and prideful. Tarica called me and wondered how I’d pulled off such a coup. I sat in my apartment for the first two days. A few days after my last pitch letter, Richard Kent sent me an email; Chevron Netherlands had been sold to Petrogas of Oman. This was a painful lesson to always trust my instincts, no matter the circumstance. I felt like sinking into the ground. My little plan for Africa oil & gas was coming together, finally put into action by two African men in a Swiss village. I barely ate and just stared into nothing. They had sailed off into the North Sea sunset. The ride to Utrecht was stunning. Despondent, I called my mentor for a way forward. I always like going to church when there is absolutely no one there. All weekend, I re-traced my steps. He was back to that power-playing game of his again which was becoming highly frustrating. I refused to budge. They made a few chess moves of their own. The four of us walked over to Alex’s office for a man-to-man resolution meeting. Paddy Adenuga, the second of billionaire mogul behind Globacom, Conoil and more (Dr Mike Adenuga, Jnr) has revealed how he almost bought Chevron Netherlands at 29. Nairaland - Copyright © 2005 - 2020 Oluwaseun Osewa. Tarica called me that the team was ready to present their findings and proposal on the way forward. I called my management team for a meeting on Monday and they were soundly reassured that I was mad. I swallowed my pride and apologised profusely for our last meeting that didn’t go so well. One of the traits I took from my parents is that I am highly ambitious and find it hard to sit still. The reward for my victory. did you not read the word "access" for your english dictionary, what does it mean. I thanked God not only for the opportunity and the experience but also for blessing me with a good life. I had described the “goldilocks” company Catalan needed to acquire. 2 reviews of Adenuga Koye MD "I have been taking my boys to Dr Adenuga for 8 years now. I was okay again. When I arrived off the plane from Amsterdam to London, I got a rather unnerving email from Alex of ONE. These Dutch and their bicycles. My team in Lagos under my guidance would get oil trading contracts and I, sitting in London, would either market these contracts to the global oil trading houses to execute in Nigeria on a joint venture (JV) basis or in some instances, I would find the capital to execute the contract from end to end. This bid could not slip away from me. The California sun in all its warmth shines down and that good Cali fever infects your soul. However, I have never felt comfortable with sitting back and getting a golden pass through life. Edgar later told me that if I had brought him on from day one, the first question he would have asked me was, “What amount are you willing to pay for Chevron Netherlands, given what you wanted to use it for in Africa?” I told Edgar that the price I would have paid was USD 50 million. It was becoming an internal debate between Chevron Houston and Chevron San Ramon on whether to conclude with the last bidder or pivot to the Catalan-led JV. Paddy Adenuga, 34, one of the sons of Nigerian billionaire businessman, Mike Adenuga, of Globacom has taken to Twitter to dish out an interesting piece of advice for people in relationships. When parents take their kids to school, they pop them onto the back of a bike and ride on. / Plan To Make Osinbajo President Will Fail - Arewa Youths Tell Yoruba Leaders, Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10). Chevron is one of the wealthiest companies in the world and also one of the smartest. Marcel and Alex received us at the entrance of their offices. A week went by. first mr, i was speaking pingin, i would assume you are not a nigerian. Imagine telling the prettiest girl in school that you were planning to take her to the prom, she thought she had you wrapped around her finger, and then in one ninja move, you tell her you are no longer interested. Born on 29 April 1953 in Ibadan, Nigeria is Mike Adenuga. There was no better group to sell to. Any One With Mike Adenuga Telephone Number. In a riveting piece, he narrated … I looked at Marcel and knew that he and I were both frustrated. Me too I want his number, I hear he is very rich and I want some of that cash. Richard had gotten a copy of my company profile and wanted to have a meeting. This was a big mistake on my part that would rear its ugly head later. Even the Chevron coffee and tea mugs were part of the sale. So get him to store her number on his phone first if not she can call till kingdom call and he wont answer . I briefed Guillaume on the whole Chevron Netherlands saga and he was impressed to say the least, “You’re as ambitious and as crazy as your father… I like it!” With that said Guillaume was on board. The biggest problem however was the abandonment liability which had been projected at first glance to be in the USD 300 million region. There is nothing more peaceful than a scenic drive down the Pacific Coast Highway (PCH). I felt like for once in my 29 years, I wasn’t being judged solely by my last name but for my skill, merits and ability. I was meant to be the Alexander the Great of Africa oil & gas and barely into my thirties. ONE and EBN were going to sign that letter I told myself. Chevron sent an email to Catalan advising when they expected bids to be received. Marcel agreed and Tarica re-emphasised my point. After thinking of this idea, I took myself out to a bar a few blocks from my house and ordered myself a nice strong drink. I was happy to tell him about Chevron Netherlands at this point, the deal was done and over. Jan-Dirk at first was unsure that this was possible but when he heard my sense of urgency and willingness to put down cash, he invited me to back to his offices in Utrecht and felt there could be a solution. I registered a new upstream oil & gas investment company offshore and called it, The Catalan Corporation. Outrage after French journalist asks Chimamanda Adichie if there’re bookshops in Nigeria, Kim Kardashian gets roasted over Fulani braids, US Secret Service warns about new method of ATM robbery, Security guard, gang kill military boss, burn corpse, I left 11 victims in Lagos kidnappers’ den – Survivor. Bad cop. ... Paddy Adenuga, son of Telecoms tycoon Mike Adenuga and founder of Pegasus Capital... Oyinda Adenuga… The modus operandi of my oil trading business was simple. The view was so special to me that I asked the driver to stop on the side of the motorway so that I could get out and appreciate the scenery for fifteen minutes or so. Remi looked at me in astonishment, “You mean you took on a whole Chevron, with no noise, no fanfare and none of us knew? If he wasn’t careful this young Nigerian could even end up taking his job if this JV worked out. Martin informed Edgar, that the Chevron global deal team sitting at headquarters in California – Chevron San Ramon, were debating what to do. I told Edgar that I wanted him on my team now on a full-time basis. Tensions were flaring with no headway being made. Jan-Dirk and I spoke on the phone and agreed a date to meet at EBN’s head office in Utrecht, a one-hour drive or so outside of Amsterdam. I remember pulling up to a red light and seeing twin Dutch toddlers on the back of their mother’s bike waving at me. I then reached out to Guillaume to do the same with Marcel. Michael Adeniyi Agbolade Ishola Adenuga was born on 29th April, 1953 in Ibadan, Oyo State.He is currently 67 years old. He is a Nigerian business tycoon and listed as one of the richest black people in the world.He has his fortune entitled majorly to telecom and oil sector. No, I am not 419, why did you ask. Mercuria, an oil trading company I had done business were in the running but then pulled out. I thanked him for a wonderful present. 10. My management team argued that I should keep the same bid and state now clearly that Catalan wanted nothing to do with the oil abandex. It put them in a state of cataclysmic shock. See How To Advertise. I arranged a conference call between Catalan, ONE, and EBN with a clear order to find the last bidder and that once we found them, the bid was ours for the taking. I live abroad. Essentially the Dutch government required all operators to restore their areas of operation back to how nature intended – which meant all infrastructure had to be removed at the end of production. I had the hotel arrange for five, brand new, jet-black Mercedes s-classes to ferry the Catalan management team to ONE’s offices. It was all well and good for his billionaire Chairman, Marcel to say he was okay with it, but it was Alex that was responsible for managing the JV and not some young upstart. Chevron Netherlands by production was attractive, producing 9000 boepd broken down into 8000 barrels of gas per day and 1000 barrels of crude. Shade Ladipo Debates Paddy Adenuga’s Viral Article About His Achievements. The cost of this is what is termed “abandonment liability” or “abandex”. I would come with full force. 87Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland. We would finance our acquisition via reserve based lending and would likely raise cash equity of thirty percent of our purchase price with a Bank raising debt of seventy percent to help the balance of the purchase price. I could see in both their faces, looks of confusion and reverence at the same time. Chevron on the other hand wasn’t laughing. I got the first bits of information from Chevron on their Netherlands assets and I began putting together a team of hired hands to act as my management team for Catalan’s bid. In 2012 he was made Grand Commander of the Order of Niger (Nigeria). I eventually met with my mentor and after explaining my idea to him and that him being on my advisory board would not only give my burgeoning company credibility but help us raise cash, he agreed in totality and went further to tell me that I should tell anyone and everyone that he was not only on board but was going to give our company his full support. I always have been and always will be.” Two weeks later Gary sent me a design of my own personal insignia, it was a Lion’s head. I called my mentor and before signing on, he wanted a face to face meeting for me to explain my plan and ambitions for Catalan. In the meantime, I gave a break to my management team and spent all my free time now on my kung fu training with my master, Shifu Heng-Wei. Dangote -----15,000 2. I asked Edgar to reach out to Alex and the ONE management team since he knew them well to speak some sense to them, stating that I wanted to partner with them but that my mentor and investors were the ones holding me back, that they were about to lose out on a fruitful partnership. Paddy Wagon's is located in Boone County of Indiana state. View phone numbers, addresses, public records, background check reports and possible arrest records for Michael Adenuga. Paddy Adenuga Denies Rumoured Upcoming Wedding To Ex Miss Lebanon Marie Jose Honein. If there was anything I excelled at in military academy two decades before, it was in military strategy and tactics. Re: My Friend Is In Love With Paddy Adenuga by kenniy ( m ): 3:54pm On Feb 22 , 2006 alheri, it seems … 16 records for A Adenuga. I devised a plan, which I fine-tuned with the other two directors of Catalan. Jan-Dirk and I spoke on the phone … I prayed for God’s blessings and good graces. I signed the letter and then forwarded it via email to Chevron and Jeffries with the Catalan management team in copy. I should have paid Edgar his princely sum the first-time round, never again would I let ego or pride cloud my judgement. You got one of the largest indigenous Dutch oil companies and the Dutch state-run oil company to partner with you. The abandex amount and weak oil reserves of Chevron Netherlands were too significant that it blinded people from the Africa strategy entirely. How could I look at that enormity of an abandex amount and now want to offer hard-earned cash on top of that? I wrote that Catalan was no longer interested in partnering with ONE and EBN. I felt like him and I were very much the same person and that he was me, just twenty or so years down the road. I was convinced at that moment that we would have the winning bid. This was no longer a princely sum but a king’s ransom. You will then be free to use your account both over the phone … Paddy Adenuga’s foray into the world of business on his own sparked up a debate in the blogosphere. I felt like I had arrived. Guillaume had come up with no leads but Edgar had, the kings ransom I paid for his services was showing dividend. Fulanis Killing People In Gagdarko Village 75 Km To Makurdi? I then called Edgar and Guillaume that I had to write such a nuclear bomb of an email because my mentor and investors were unhappy that ONE was trying to shift the goal post. I’ve always loved the oil & gas business, like many other Nigerians. The second bombshell was that they had put in a joint bid with an indigenous Dutch oil & gas producer called Oranje-Nassau Energy (ONE). That night I went on a dinner date and bumped into an older friend of mine, Remi. We certainly made an impression, it looked more like a state delegation had just arrived at ONE’s offices, ready to discuss oil & gas diplomacy. https://techpoint.africa/2018/02/02/paddy-adenuga-chevron-netherlands I called both Edgar and Guillaume, asking them to use all their contacts and resources to find the last bidder. I immediately re-convened my management team at the boardroom and began debating our response to Chevron. Take this as a privilege and that God himself is shaping you into a Man and not just any Man.” He was right and I agreed. Mike Adenuga ---- 10,000 Number 4. everyone's Dream Yaradua--- … How could this guy develop such an attitude? I needed a physical form filled out today for my son to tryout fir basketball. We will get back to Remi later. P, how many people are given the opportunity you had at 29 to buy Chevron Netherlands? I looked finished. Oil trading was my day job but was never exciting to me except for when I got paid. However, Alex, was slightly reticent. They were like the prettiest girl in high school and every guy wanted her to come to the prom with him. I did the math. It then became a battle for control now between Alex and I on the fate of the JV. Worked out acquired Chevron Netherlands to cede Chevron Netherlands were too significant that wouldn... Her number on his lovely yacht and was still head-strong and prideful above modest lifestyle that... His phone first if not she can call till kingdom call and he just happened to like money more mystery. Nairaland Forum / Nairaland / General / Politics / any one with Mike Adenuga Telephone number are. 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Edgar his princely sum the first-time round, never again would I let ego pride...

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