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Tag: Julius Rone

  • Another laurel for Julius Rone

    Another laurel for Julius Rone

    Julius Rone is a man truly born under a lucky star. Throughout his life, he has demonstrated an unwavering dedication to hard work and resilience, setting him apart in his field. Even at a relatively young age, Rone has carved a path toward greatness by prioritizing his ambitions over the frivolities often enjoyed by his peers. Instead of indulging in distractions, he has astutely invested his time and resources into business ventures that are reshaping his trajectory within the oil and gas sector.

    Blessed with a tenacity resembling that of a tiger, Rone currently serves as the Chief Executive Officer of UTM Offshore. He continues to shine brightly in the business world, particularly through his strategic investments in the gas sector, with a focus on exploitation and innovation. At the recently concluded The Sun Newspaper Awards, held at the prestigious Eko Convention Centre located within the Eko Hotel and Suites, Rone was honored with the ‘Investor of the Year’ award.

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    Accompanied by his elegant wife, he appeared on stage with a beaming smile, embodying pride and gratitude. In his acceptance speech, Rone reaffirmed his commitment to Nigeria’s ambitious Floating Liquefied Natural Gas (FLNG) project, positioned at the Yoho field within Oil Mining Lease 104, approximately 60 kilometres off the Niger Delta coast, designed to produce 1.5 million tonnes of LNG annually for export and 300,000 tonnes of LPG for domestic consumption, which his company is actively developing.

    Moreover, Rone is deeply invested in global discussions regarding advancements in the production of liquefied natural gas. Demonstrating his commitment to ongoing dialogue in the sector, he quickly departed for the ongoing World LNG Conference in Doha, Qatar, where he aims to collaborate with fellow industry leaders. Rone’s dedication to both his country and the global energy landscape highlights his role as a trailblazer in the oil and gas sector, marking a significant chapter in his ever-evolving journey.

  • Julius Rone’s loud statement

    Julius Rone’s loud statement

    For over a decade, Julius Rone, the dynamic leader of UTM Offshore Limited (UTMOL), has emerged as a prominent figure in Nigeria’s oil and gas industry. His entry into this competitive sector was marked by a clear vision and an unwavering determination, enabling him to accomplish numerous milestones that have positioned him as a benchmark for success among his peers.

    Born in Delta State, Rone solidified his standing in the industry by pioneering the establishment of Nigeria’s first liquid natural gas facility. This groundbreaking initiative not only showcased his innovative spirit but also underscored his belief in the potential of the nation’s energy resources. Unlike many in the industry, Rone exemplifies the notion that dreams can be transformed into reality through hard work and resilience. As the driving force behind UTMOL’s achievements, he has navigated challenges and overcome skepticism, all while promoting a culture of excellence within his organization.

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    In recent years, he has traveled extensively, engaging in diverse business gatherings and participating in high-profile discussions among influential global executives. His keen understanding of Nigeria’s energy landscape has allowed him to build strong relationships with key stakeholders, making him a respected figure in international circles.

    Rone’s notable work has not gone unnoticed; his Floating Natural Gas Facility (FNLG) was honored as one of the best in Africa, solidifying his status as a leading business magnate. Consequently, he has been frequently invited to prestigious events by President Bola Ahmed Tinubu, including international business roundtables such as the India-Nigeria Business Roundtable and the Brazil-Nigeria Roundtable, reflecting his prominence in Nigeria’s economic discourse.

    Currently, Rone is representing Africa at the Gastech Exhibition and Conference in Milan, Italy, where he stands among the leading energy experts on the continent. His participation at this event further exemplifies his commitment to advancing Nigeria’s energy sector, reinforcing his reputation as a pivotal player in shaping the future of the industry.

  • Oil and Gas Forum honours UTMOL CEO, others

    Oil and Gas Forum honours UTMOL CEO, others

    The Group Managing Director and CEO of UTM Offshore Limited (UTMOL) Julius Rone (OFR), was last Thursday honoured by the Nigeria Oil and Gas Forum.

    The award held at the Ladi Kwali Hall, Abuja Abuja Intercontinental Hotel,  recognizes trailblazers whose vision, dedication, and innovation continue to redefine excellence in the industry.

    Now in its second edition, the prestigious event attracted industry leaders, investors, regulators, and captains of industry, all gathered to celebrate the outstanding contributions shaping Nigeria’s energy landscape.

    The organisers expressed pride in recognizing the trailblazers whose achievements embody the spirit of excellence and innovation.

    Speaking on behalf of Engr Gbenga Komolafe (NUPRC), Dr. Kelechi Ofebu, Executive Commissioner, Corporate Service of the commission emphasized the crucial role of the oil and gas industry in addressing national challenges.

    He highlighted its impact on economic growth and development, reaffirming the importance of celebrating those driving positive change.

    At the event, outstanding individuals were honoured with various award categories for their significant contributions to the growth and development of the oil and gas industry, as well as other key sectors of the economy.

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    Other awardees in attendance were the Chief Executive Officer (MD/CEO) of the Oil and Gas Free Zones Authority,(OGFZA), Bamanga Jada Usman, Engr Gbenga Komolafe, Chief executive Nigerian Upstream Petroleum Regulatory Commission (NUPRC), among others.

    A key highlight of the evening was the official launch of Energy Express Magazine, a new publication dedicated to spotlighting the achievements of regulators, industry players, and investors in the oil and gas sector.

    Speaking during the unveiling, Dr. Julius D. Rone (GMD, UTM FLNG) emphasized that Energy Express Magazine will serve as a powerful platform to showcase and celebrate the achievements of individuals who have excelled in the oil and gas industry.

  • About Julius Rone’s giant strides

    About Julius Rone’s giant strides

    Amidst the global current economic headwinds, Julius Rone remains one Nigerian businessman playing a very significant role in bridging the gap and creating new waves of transformation and renaissance in the gas sector.

    Rone, who is popularly known as the king of gas, is a huge testament to having faith in oneself. The business mogul has remained focused and committed to his vision of championing the LNG in the country.

    The Delta State-based gas mogul has established himself as a businessman with an unparalleled disposition, unequaled business wisdom, and ingenuity to see opportunities where others see failure. 

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    For the ingenious businessman, he has the dream, the passion and he is gradually achieving his aspiration.

    Like a colossus, Nigeria’s leading gas mogul stands heads and shoulders above his peers. And he is even becoming a sensation of sorts.

  • ‘King of Gas’ Julius Rone hits 50

    ‘King of Gas’ Julius Rone hits 50

    If you could take the pains to study Julius Rone, OFR, the Chief Executive Officer of UTM Offshore Limited, UTMOL, like a book, you would be totally engrossed in the riveting tales of his rise to fame.

    It is doubtful if anything, so far, has gained his attention as the planning of his 50th birthday celebration on Tuesday, June 25.

    A perfectionist, he is leaving no stone unturned to make the day most memorable for all his guests. As invites are being sent out, notable event planners and vendors who have made a successful pitch towards the success of the birthday shindig can’t wait for the day to break.

    Rone is happy and with his achievement at 50, he has achieved what would take an ordinary mortal a century or more to gain.

    Success and fame, if you care to know, were not thrust on his laps. Rone has striven to attain his current enviable status, having been a Protocol Officer at OMPADEC between 1995 and 2000 and a Protocol Assistant to a former Chairman of the Niger Delta Development Commission, NDDC, between 2000 and 2008.

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    Almost immediately after he joined the nation’s oil and gas sector with UTM Offshore Limited, many across the globe began to take more than a passing interest in him. And, in no time, he succeeded in writing his name in gold. Even now, his portrait is hung conspicuously in the Hall of Fame of gas giants in Africa.

    As fate would have it, his passion has also fetched him recognition in and outside the shores of the country on account of his being the brains behind the first Floating Liquified Natural Gas (FLNG) in the continent.

    For his worthy efforts, he has also graced the cover pages of several local and international newspapers and magazines so deservedly.

    At home, he is like a prophet who has honour and on the international scene; he has been garlanded with honours and awards for his uncommon feats and enviable achievements. No wonder, former Liberia’s President George Weah extended a personal invitation to him and his wife, Utibe, to attend his inauguration on January 22, 2018.

    Rone, who is considered a social butterfly because he is charismatic, talented and good-looking, is known to have organised different parties and graced many as well.

  • On Julius Rone’s coat of many colours

    On Julius Rone’s coat of many colours

    As a serial entrepreneur, Julius Rone has solidified his status as a notable businessman who stands out among Africa’s elite. His exceptional intuition, unmatched business acumen, and ability to identify opportunities where others see failure have propelled him to the forefront.

    The billionaire businessman who is the boss of  UTM Offshore Limited (UTMOL)  possesses an unrivalled genius and a profound understanding of investment and the art of business and making money.

    The brilliant man, who will be turning 50 this year, is making headlines and staying ahead of his peers as his remarkable qualities have continued to set him far apart from ordinary business magnates across the continent.

    His presence in the gas sector has been a dominating force, leaving an ineffable mark wherever he ventures and positioning himself at the pinnacle of some sort in Nigeria’s gas industry.

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    In January 2023, Rone kick-started the year on a high note by receiving the prestigious Vanguard’s Young Entrepreneur of the Year Award, recognising his esteemed position as one of Nigeria’s astute dealmakers.

    Again in September  2023, he was honoured by Business Day with the award of The Next Bulls Awards 2023, in recognition of his market leadership and pacesetting innovation.

    These are attestations of his unprecedented participation and contributions to the growth of Nigeria’s economy.

    His relentless work ethic has taken him across the globe, further fortifying his influence and wealth. Throughout 2023, the man fondly known as the ‘King of Gas’ was busy sealing lucrative deals worldwide while steering the industry forward on the African continent.

    Again,  Rone has started receiving accolades for his hard work and recently, he shone brilliantly at the Independent Awards, where he received the award as Oil and Gas Personality of the Year 2023.

    Aside from his pedigree as a top-notch business strategist, Rone loves to create his own path, little wonder he has scored many firsts in his business trajectory.

  • Julius Rone shines again

    Julius Rone shines again

    When Julius Rone, OFR, CEO of UTM Offshore Limited was going into the gas business, he came with unstrained passion and resolved to influence and change the nature of that gruelling sector of Nigeria’s economic sector.

    The man, who has since gotten the title of ‘King of Gas,’ has been responsible for an infusing innovation in the sector.

    With his brilliance he has continually contributed to the growth of the industry.

    Last Tuesday, the billionaire businessman once again displayed his dexterity at the African Energy Week 2022 in Cape Town, South Africa.

    Rone spoke extensively of Nigeria’s capacity and capability to rescue the continent from the shortage of gas production.  He also explained that his company hands in hand with Nigeria’s company to become the best in this area.

    As revealed, his brilliance and intelligence on the podium was met with standing ovation and deafening applause from other top energy executives.

    With his ascension to the top of the energy  industry’s pole, he has grown as one of Africa’s most highly regarded entrepreneurs, who has served as a constant source of support for the country’s economic growth.

  • Julius Rone bags award

    Julius Rone bags award

    Group Managing Director of UTM FLNG Julius Rone is the darling of many leaders and top executives across the globe with his flair for business, especially his investment in the three arms of oil and gas sector — upper, mid and lower streams — have endeared him to  many decision-makers in Nigeria and other parts of the world.

    Those in the know disclosed that the Delta State-born Rone who is fondly called ‘King of Gas’ is an asset to Nigeria.

    Apart from his smart business acumen, he is regarded as one of the most brilliant in the sector. Therefore, his association with those who matter around the world should not be a surprise to anyone. The ebullient and witty businessman will catch your attention anytime he speaks. His attention to detail and nature of getting things done stand him out.

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    A few weeks back, the billionaire businessman was among other notable and influential Nigeria business magnates who received a presidential invitation. They were invited by President Bola Ahmed Tinubu to New Delhi, India for India-Nigeria Business Roundtable.

    The event was organised by the Nigerian High Commission in India in collaboration with the Confederation of Indian Industry (CII) and the Nigeria-India Business Council (NIBC).

    He is among top Nigerian businessmen currently attending the 78th United Nations General Assembly this week.

    Last Sunday, he was honoured by Business Day as he won The Next Bulls Awards 2023 in recognition of his market leadership and pacesetting innovation in the oil and gas sector and also for his ingenuity.

  • Julius Rone aims high

    Julius Rone aims high

    Fuelled by the reputation he has cultivated over many years, UTM boss Julius Rone has finally ascended into the Olympian heights, becoming one of the most sought after. Titans of state with the world at their feet and power to make or mar now seek his friendship while hoping to drink from his deep well of wisdom. That much was evident when Liberia’s new president, George Weah, extended a personal invitation to him and his wife, Utibe, to attend his inauguration.

    Julius is cognizant of the wisdom that success alone cannot buy happiness or renown. Hence his devotion to strategic investments in the business world and in humanity, which have over time built up his name to the point where he has become a prophet with honour at home and abroad. Little wonder he has become the beautiful bride for heads of state on the continent.

    It is easy to see how George Weah thinks of Julius as one man possessing the Midas touch to help transform his country’s ailing business sector. The boss of UTM Group of Companies was one of the select businessmen the Liberian president invited to his inauguration in the hope that they will invest in the country’s economy.

  • Julius Rone’s wife dazzles at 40

    Julius Rone’s wife dazzles at 40

    Some women are like the orange glow of dusk whose allure, fleetingly beautiful to behold, is ultimately short-lived. Some, lacking viable outlets for their considerable talents, end up in bondage within the prison of their own mortality. Utibe Rone is neither. She is the epitome of an ethereal spirit let loose upon the world for one man to cherish and for the rest of the world to be mesmerized by.

    Utibe, wife of billionaire owner of UTM Group, Julius Rone, clocked 40 on Wednesday. As she adds another year to her days, the beautiful mother of three is at peace with the world, surrounded by a happy, harmonious family and presiding over a business that is growing in leaps and bounds.

    Besides the undying love of her husband which still makes her heart flutter like a coy bird, Utibe is also in possession of a brand name that is fast becoming a by-word for fashion and style among the big boys and babes of Abuja. Yutees, as she is popularly known, is the boss of Yutees Collection, a highbrow fashion house in the capital city catering to the fashion needs of men and women of needs.