Coastal Africa Group’s team, led by CEO Conrad Clauson, comprises senior geoscientists, engineers, development, and operational personnel combining decades of experience across all aspects investing in and developing oil and gas assets across the full development, exploration and production lifecycle.
The Directors have been assembled to provide the Company with the necessary contacts and combination of operational, strategic financial and M&A experience and depth of sector experience that will be key to the Company’s success.
Board of Directors

Peter Kimpel
Peter is a highly experienced executive, having spent over thirty years in roles across investment banking, capital markets and corporate leadership.
Peter’s wealth of investment banking experience includes two periods at Goldman Sachs (between 1992 and 2000, and between 2000 to 2014), where he was a Partner and Managing Director for the Financial Institutions Group, as well as holding other senior leadership roles across London, Frankfurt, New York and San Francisco.
In addition, Peter has served as Managing Director and Head of Banking for the DACH region at both Citigroup (between 2021 and 2023) and Barclays (between 2018 and 2021). Between 2014 and 2018, Peter served as CFO of Rocket Internet SE, responsible for Europe’s largest technology IPO, overseeing finance, treasury, legal, risk, compliance, and investor relations. Between 2023 and 2024, Peter served as International Advisor to Cerberus Capital. Since 2024, he has been an Independent Advisor as well as Supervisory Board and Audit Committee Member at Ceconomy AG.

Conrad Clauson
Conrad is a principal investor, entrepreneur and executive with over 25 years’ experience in building, scaling, financing and exiting businesses across the energy and telecommunications sectors. He has held senior investment banking leadership roles and has a proven track record in delivering complex, capital-intensive offshore projects in emerging markets.
To date, Conrad has demonstrated leadership in upstream and infrastructure, particularly in monetising shallow-water oil and gas reserves, He was instrumental in setting up Thome Oil & Gas’s (today OSM Thome) office in Nigeria in 2010, which has now grown into a serval hundred-person operation running various oil and gas operations, such as MOPU and FSO, and marine spreads.
As an early investor in Coastal Energy Thailand, Conrad worked along with the CFO, William Phelps in raising capital to develop two offshore oil and gas assets in Thailand. which led to its successful sale to CEPSA in 2014 for C$2.3 billion, delivering exceptional shareholder value. Additionally, he incorporated Viking Storage Solutions (Mauritius) Ltd, which supplied the first evacuation solution to Coastal Energy, enabling full field development and accelerated production.
Prior to entering the energy sector, Conrad founded Ventello Holding AB in 2001 and built the group into Scandinavia’s largest privately owned telecom business before selling it to the Norwegian Government in 2008 for €280 million, underscoring his ability to scale businesses and create value across industries. Throughout his career, Conrad has created significant value for stakeholders through innovative financing, project execution and strategic exits, positioning him as a key driver of growth in the energy sector.

Ogbemi Ofuya
Ogbemi is a senior executive and investment professional with over 20 years’ experience across private equity, investment banking, and energy infrastructure.
He has proven executive-level leadership, combining strong financial acumen, capital allocation expertise, and M&A execution with deep operational insight, board-level governance experience, and an engineering foundation.
Ogbemi has a strong track record in natural gas midstream and downstream infrastructure, private equity investments in oil & gas, and financing large-scale energy projects across Africa. He has significant experience advising on strategy, capital raising (equity and debt), capital allocation, liquidity management, and financial controls.
Between 2014 to 2024, he worked at Helios Investment Partners in London, serving as a Partner on the energy team, which deployed approximately $700 million across upstream, midstream, and downstream oil & gas investments in Africa. He held board-level responsibility for strategy, performance monitoring, and successful exits, contributing to value creation in portfolio companies operating in African energy markets.
Between September 2024 and February 2025, Ogbemi was seconded to serve as Group Chief Executive Officer of Axxela Limited (Lagos, Nigeria), a leading Sub-Saharan African gas and power company backed by Helios Investment Partners. In this role, he held overall responsibility for strategy, finance, operations, and governance, leading the executive management team and driving growth initiatives in natural gas distribution, processing, and power solutions.
Ogbemi’s early career included roles at Goldman Sachs, where he executed M&A and capital markets transactions in Energy and Natural Resources and at ExxonMobil as a Project Engineer managing large-scale oil and gas infrastructure projects.
Throughout his career, Ogbemi has consistently demonstrated the ability to navigate complex energy markets, deploy capital effectively, execute strategic transactions, and drive operational and financial performance in the African energy sector.

Richard Moore
Richard Moore is an Executive Director in the shipping industry. He has 30 years’ experience in commercial business and finance with an emphasis on development, leasing and corporate structuring.
He has been a Board Director of a number of private and public (Nasdaq) companies in the shipping, broking and finance sectors.
Richard is currently a Director at Gibson Capital, part of the Gibson Shipbroking Group (est. 1893), having joined in August 2025 following Gibson’s acquisition of his firm, RMK Maritime (Europe) Ltd. Richard is recognised for his ability to build and lead businesses, structure complex transactions and raise capital, having arranged and placed over $5 billion in maritime financing throughout his career.
Richard is recognised for his ability to build and lead businesses, structure complex transactions and raise capital, having arranged and placed over $5 billion in maritime financing throughout his career.

Cornelius Clauson
Cornelius has a strong background across the energy sector, shipping, investment banking, M&A, and private equity. He brings hands-on experience originating and negotiating commercial opportunities, structuring strategic partnerships, and supporting complex offshore oil and gas transactions.
As Commercial Director at Coastal Africa Group Limited, Cornelius leads the origination and negotiation of commercial opportunities, supports the structuring of strategic partnerships, and helps establish long-term contractual arrangements across the Group’s minority investments. He plays a key role in developing and executing the Group’s commercial strategy, including pricing frameworks, contract structures, and counterparty negotiations with operators, traders, financiers, and government stakeholders, to maximise project value and bankability. He also supports commercial risk management and ensures alignment between technical, financial, and operational teams from concept through execution.
Previously, Cornelius worked as an investment banker at Pareto Securities, focusing on oil & gas and energy services, and at Stifel Investment Bank, TMT M&A transactions. Cornelius began his career at a mid-market renewables and logistics fund, supporting US-based growth companies.
Cornelius is a graduate of Cass Business School, where he earned a BSc in Business Management & Finance.
Management

Conrad Clauson
Conrad is a principal investor, entrepreneur and executive with over 25 years’ experience in building, scaling, financing and exiting businesses across the energy and telecommunications sectors. He has held senior investment banking leadership roles and has a proven track record in delivering complex, capital-intensive offshore projects in emerging markets.
To date, Conrad has demonstrated leadership in upstream and infrastructure, particularly in monetising shallow-water oil and gas reserves, He was instrumental in setting up Thome Oil & Gas’s (today OSM Thome) office in Nigeria in 2010, which has now grown into a serval hundred-person operation running various oil and gas operations, such as MOPU and FSO, and marine spreads.
As an early investor in Coastal Energy Thailand, Conrad worked along with the CFO, William Phelps in raising capital to develop two offshore oil and gas assets in Thailand. which led to its successful sale to CEPSA in 2014 for C$2.3 billion, delivering exceptional shareholder value. Additionally, he incorporated Viking Storage Solutions (Mauritius) Ltd, which supplied the first evacuation solution to Coastal Energy, enabling full field development and accelerated production.
Prior to entering the energy sector, Conrad founded Ventello Holding AB in 2001 and built the group into Scandinavia’s largest privately owned telecom business before selling it to the Norwegian Government in 2008 for €280 million, underscoring his ability to scale businesses and create value across industries. Throughout his career, Conrad has created significant value for stakeholders through innovative financing, project execution and strategic exits, positioning him as a key driver of growth in the energy sector.

Ogbemi Ofuya
Ogbemi is a senior executive and investment professional with over 20 years’ experience across private equity, investment banking, and energy infrastructure.
He has proven executive-level leadership, combining strong financial acumen, capital allocation expertise, and M&A execution with deep operational insight, board-level governance experience, and an engineering foundation.
Ogbemi has a strong track record in natural gas midstream and downstream infrastructure, private equity investments in oil & gas, and financing large-scale energy projects across Africa. He has significant experience advising on strategy, capital raising (equity and debt), capital allocation, liquidity management, and financial controls.
Between 2014 to 2024, he worked at Helios Investment Partners in London, serving as a Partner on the energy team, which deployed approximately $700 million across upstream, midstream, and downstream oil & gas investments in Africa. He held board-level responsibility for strategy, performance monitoring, and successful exits, contributing to value creation in portfolio companies operating in African energy markets.
Between September 2024 and February 2025, Ogbemi was seconded to serve as Group Chief Executive Officer of Axxela Limited (Lagos, Nigeria), a leading Sub-Saharan African gas and power company backed by Helios Investment Partners. In this role, he held overall responsibility for strategy, finance, operations, and governance, leading the executive management team and driving growth initiatives in natural gas distribution, processing, and power solutions.
Ogbemi’s early career included roles at Goldman Sachs, where he executed M&A and capital markets transactions in Energy and Natural Resources and at ExxonMobil as a Project Engineer managing large-scale oil and gas infrastructure projects.
Throughout his career, Ogbemi has consistently demonstrated the ability to navigate complex energy markets, deploy capital effectively, execute strategic transactions, and drive operational and financial performance in the African energy sector.

Francesco Verre
Francesco Verre serves as Group Chief Investment Officer of Coastal Africa Group, bringing more than 20 years of global energy investment, operational and strategic leadership experience across upstream oil & gas, LNG, infrastructure and energy transition sectors. Throughout his career, Francesco has deployed and managed over US$1 billion in capital and overseen more than US$2 billion in structured financing transactions across Europe, the Middle East, Africa and Central Asia.
Prior to joining Coastal Africa Group, Francesco held senior leadership positions including Managing Partner at Al Shakima, Senior Partner at HitecVision, Partner within McKinsey & Company's Global Energy & Private Equity practice, VP Assets at Petrofac, Operations Director & Board Member at Eni Egypt, and Operations Division Manager at Nigerian Agip Oil Company (NAOC). Across these roles, he led complex M&A transactions, institutional fundraising initiatives, large-scale operational transformations, investment committees and strategic energy developments globally.
Francesco has extensive geographic experience across Nigeria, Angola, Egypt, Kazakhstan, Tunisia, Congo, the North Sea, the Caspian region and the wider EMEA energy markets. His expertise spans technical and commercial due diligence, reserves evaluation, production optimisation, project finance, portfolio management and stakeholder engagement with sovereign wealth funds, national oil companies and institutional investors. He has also overseen offshore and onshore operations managing production assets exceeding 300,000 boepd and multi-billion-dollar capital programmes.
He holds a Global Executive MBA from IE Business School, an MSc in Petroleum Engineering from Imperial College London and an MSc in Mechanical Engineering from the Polytechnic University of Milan.

Cornelius Clauson
Cornelius has a strong background across the energy sector, shipping, investment banking, M&A, and private equity. He brings hands-on experience originating and negotiating commercial opportunities, structuring strategic partnerships, and supporting complex offshore oil and gas transactions.
As Commercial Director at Coastal Africa Group Limited, Cornelius leads the origination and negotiation of commercial opportunities, supports the structuring of strategic partnerships, and helps establish long-term contractual arrangements across the Group’s minority investments. He plays a key role in developing and executing the Group’s commercial strategy, including pricing frameworks, contract structures, and counterparty negotiations with operators, traders, financiers, and government stakeholders, to maximise project value and bankability. He also supports commercial risk management and ensures alignment between technical, financial, and operational teams from concept through execution.
Previously, Cornelius worked as an investment banker at Pareto Securities, focusing on oil & gas and energy services, and at Stifel Investment Bank, TMT M&A transactions. Cornelius began his career at a mid-market renewables and logistics fund, supporting US-based growth companies.
Cornelius is a graduate of Cass Business School, where he earned a BSc in Business Management & Finance.

Picabia Lahart
Picabia is an investment professional with experience across distressed debt, special situations, shipping, restructuring and M&A. His background spans complex capital structures, cross-border restructurings, and shipping investments across Europe and emerging markets.
Previously, Picabia was an Associate at H.I.G. Capital, where he worked across corporate distressed debt and special situations, investing throughout the capital structure. In parallel, he was actively involved in the day to day operations of a $300 million-plus portfolio of tankers, containers, and an LNG Carrier building contract. Responsibilities included building financial monitoring models, running weekly payment for crew and operating costs, negotiating loan document amendments with lawyers and banks in addition to running vessel divestment processes.
Prior to H.I.G., Picabia worked at Lazard, within both the Restructuring Group and Chemicals M&A, advising on distressed asset sales, refinancings, and carve-outs. His deal experience includes advising the Convertible Bond Ad Hoc Committee in the $3.25 billion Tullow Oil Refinancing and the successful closing of the $170 million EV buyside carve out of Elementis’ chromium oxide division on behalf of Yildirim Holdings, in addition to advising Mitsui & Co on the acquisition of a 70%/$472.5 million stake in European food ingredients manufacturer Nutrinova (owned by Celanese Corporation).

Nnamdi Nwachukwu
Nnamdi Nwachukwu is a seasoned upstream oil and gas professional with over 26 years of experience in production operations, asset integrity, and reservoir management across land, shallow-water, and deepwater fields.
He has demonstrated strong leadership in operations management, HSE systems, and production optimization, with a proven record managing Addax Petroleum’s OML 123, 124, and 126 assets. His experience spans field optimization, corrosion control, shutdown maintenance, and regulatory compliance with agencies such as NAPIMS, DPR, and NOSDRA.
Throughout his career, Nnamdi has held senior roles at Addax Petroleum Development Nigeria Ltd. (2000–2023), where he served as Senior Manager of Asset Integrity and Maintenance; Production Chemical Overseas Ltd. (1995–2000), as Manager of Western Operations managing water injection and production treatment plants for Conoco, Texaco, Amni–Abacan, and Monipulo; and Ajaokuta Steel Company Ltd. (1993–1995), where he led start-up operations for the lime plant unit supplying the foundry division
Nnamdi holds an MSc in Industrial Chemistry from the University of Nigeria, Nsukka, and a BSc in Pure and Applied Chemistry from the University of Calabar. Nnamdi is also a member of the Society of Petroleum Engineers (SPE) and the Nigerian Society of Chemical Engineers (NSChE).

Jemine Olare
Jemine Olare is a highly experienced energy professional with over 27 years of both local and international expertise in upstream oil and gas project management.
She has held key roles at leading industry organisations including Shell Petroleum Development Company of Nigeria (SPDC), SINOPEC–Addax Petroleum Development Nigeria Limited (APDNL), and Addax Petroleum Services (APS) in Geneva.
Throughout her career, Jemine has been instrumental in driving strategic business growth, with deep expertise in appraisal, field development planning, and front-end project execution. She brings a strong track record in managing complex stakeholder environments across the Nigerian energy sector.
Prior to January 2023, she served as Head of Geology, Geophysics and Engineering Studies at Addax Nigeria. She subsequently joined Antan Producing Limited (APL), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Limited), where she currently holds the position of Manager, Geoscience within the Technical Services Department.
Jemine holds a B.Sc. in Geology and an M.Sc. in Petroleum Geology from the University of Benin. She is an active member of key professional bodies, including the Society of Petroleum Engineers (SPE) and the Nigerian Association of Petroleum Explorationists (NAPE).
She is deeply passionate about coaching, mentoring, and continuous process improvement. Jemine is actively involved in postgraduate candidate selection for the University of Benin’s NNPC/Shell Joint Venture Centre of Excellence in Geosciences and Petroleum Engineering, and contributes to the training of final-year petroleum engineering students at the University of Ibadan.

Neil Marston
With over 30 years of experience in the oil and gas industry, Neil has diverse Experience in Engineering, Process Systems, and FPSO Projects as Managing Director of Influit Ltd (2014–2023), he executed major projects in Iraq, Nigeria, Kuwait, Cameroon, Turkmenistan, and Madagascar, overseeing engineering services and the provision of process facilities for oil, gas, and water treatment.
His prior roles at Weatherford, Teekay Petrojarl, and Expro Group involved managing large-scale FPSO, FSO, and offshore production facility developments with budgets exceeding $200 million.

Andrew O’Donnell
Extensive Expertise in Floating and Fixed Systems for Offshore Oil & Gas. With over 30 years of experience, Andrew has managed projects across the full lifecycle of oil and gas developments, from concept and FEED to EPCIC execution, decommissioning, and redeployment. His expertise spans fixed, subsea, floating, and FLNG facilities, having worked on over 50 major projects worldwide.
Global Leadership in Project and Engineering Management – Andrew has worked across multiple regions, including Europe (North Sea & West of Shetland), the Middle East, Asia, Russia, the USA (Gulf of Mexico), South America, Australia, and West Africa. His roles have included serving as Project Manager for Qatargas’ NFXP Offshore development ($3B), Project Director for Azerbaijan’s UMID/BABEK offshore gas project ($3B), and Senior Execution Manager for MODEC’s Kwame Nkrumah FPSO turret remediation.
Industry Consultant and Technical Authority. Andrew has provided consultancy services for major industry players such as BP, SOCAR, Kuwait Energy, Chiyoda, Crondall-Energy, and OCBC Bank. He has acted as an expert witness in arbitration tribunals, a lender technical authority for project financing, and a consultant for contract and FEED development for floating production systems.

Bankole Kalejaye
Over 35 years of experience in oil and gas operations, maintenance, asset integrity and process safety management across offshore and onshore production facilities in Nigeria, the UK, and the US.
Previously served as Maintenance & Facilities Manager at Elcrest E&P (Eland Oil & Gas UK), Field Operations Manager at Oriental Energy Resources, and held senior management operational roles at Afren Resources, Afren Plc, and ExxonMobil.
He participated both in technical and managerial capacities in the development of several assets over $1 billion in value, during engineering, construction, commissioning phases, operation and maintenance. He has proven track record of optimizing production and ensuring HSE compliance across complex offshore and swamp environments.