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Osamudiamen Patrick O'Basuyi

OBAX Chairman and CEO

OBAX Chairman and CEO Osamudiamen Patrick O’Basuyi was born in Benin City, capital of the former Bini Empire in Nigeria. He emigrated to the USA in August of 1979 after graduating from Edo Boys High School, Benin City, Edo State, Nigeria. While in the USA, he attended Southern University and Louisiana State University in Baton Rouge, Louisiana where he earned a Bachelor of Architecture degree and a Master of Business Administration (MBA).

As an Architect, O’Basuyi worked for over ten years at several leading USA Architectural and Engineering companies. In 1985, he acquired a multidiscipline professional ARCHITECTURAL & ENGINEERING consulting firm, ARLOU, INC. headquartered in St. Louis, Missouri. In 2000, he incorporated AMERICON LLC to provide large-scale infrastructure construction for AT&T, Charter Communication and others throughout the continental USA. AMERICON INFRASTRUCTURE, LLC was later formed expanding its services to include design and construction of Telecom, Broadband, Wireless, Water/Wastewater Drainage Systems, Power (transmission lines) and Energy with emphasis on Oil and Gas EPCI – O&M services.

After many successes and accolades in the USA, O’Basuyi established OBAX WORLWIDE LIMITED, a 100% Nigeria Limited Liability company to focus exclusively on projects in Africa with Headquarters in Nigeria and supporting companies in the USA. OBAX is now the fastest growing and largest 100% OBAX Chairman & INDIGENOUS NIGERIAN LOCAL CONTENT COMPANY supporting oil and gas companies with specialized in-country onshore and offshore services for Exploration, Development, Production and Processing.
OBAX Worldwide Limited is doing business in AFRICA and other countries outside the United States. OBAX Worldwide has a long and successful working relationship with entities based in the United States, which act as independent contractors to OBAX Worldwide in its projects in Nigeria and around the world.

OBAX Worldwide DIVISIONS include:
  • OBAX Process Systems: Oil and Gas Process Systems (offshore/onshore), Engineering, Procurement, Construction, Installation, Operation and Maintenance (EPCI-O&M);
  • OBAX Oil and Gas Engineering (EPCIOM) and Front End Engineering: Refining, Chemicals and Industrial Facilities, Natural Gas and Liquefied Natural Gas (LNG) and Pipelines.
  • OBAX Energy: Energy Acquisition, Production, Development, Processing, Refining, Exploration, and Power Generation;
  • OBAX Marine: Drilling Rigs, Construc8on Barges, Boats, Dive Support Vessels, Crew Boats, House Boats, Floa8ng Hotels, Supply Boats, Escort Boats, Patrol Boats and other marine support vessels for the life cycle of an offshore development.
  • OBAX Drilling: Offshore driller with mobile offshore drilling units, Floating rig driller with semisubmersibles and drill ships, Deep-water driller, OBAX BULK;
  • OBAX Infrastructure: Engineering Design and Construction of SURFACE, AIR and RAIL Infrastructure: Highways, Bridges, Roads, Drainage, Dams, Power Transmission Lines, Water/Waste, Telecom, Broadcast and Wireless, Port and Marine Facilities;
  • OBAX Renewable Energy Division: Cassava to Ethanol Biofuel Project in Ondo State, Palm Oil to Biodiesel been developed in Cross River, others OBAX CEO Profile 3 underway.
  • OBAX Power: 400MW in Benin River in Sapele, 40MW for Eko-Disco in Lagos Lagoon etc, all in advance stage to commence power generation via our highly Enginnered Powership.

    Chairman O’Basuyi has a remarkable record of achievement that uniquely qualifies him to lead acquisition teams. His prominent partners for mergers and acquisitions included: GIANT INDUSTRIES, INC., largest operator of crude oil refineries and pipeline systems in Arizona, USA; JEFFERIES & COMPANY, Inc. an institutional brokerage firm and investment bank headquartered in New York that focuses on capital raising, mergers and acquisitions, and advisory and restructuring services; and COLONY CAPITAL CORPORATION, a Fort Worth, TX based private equity investment company with a market capitalization of over $8 Billion.

    Chairman O’Basuyi leads elite teams of reliable equity and technical partners and highly regarded businesspersons with proven management, financial and operational capabilities who have been involved in acquisitions of divestiture assets for many years. Chairman O’Basuyi has participated in offered divestiture assets involving the following mergers and acquisitions under the auspices of FPX Group, LLC:
  • GTE/ Bell Atlantic wired land line telephone assets in Oklahoma, East Texas and Texarkana ($550 million)
  • Loews/ Cineplex/ Sony divestiture of 17 movie theatres in Chicago, Illinois ($7.5 million)
  • Exxon/ Mobil divestiture of refinery and retail outlets in the U.S. ($1.1 billion)
  • Exxon/ Mobil divestiture of LPG storage, fuel distribution terminal and retail outlets in Guam ($25 million) OBAX CEO Profile 4
  • Clear Channel/ AMFM divestiture of certain radio station assets ($2 billion)
  • Bell Atlantic/ GTE/ Vodafone divestiture of PCS wireless assets in Houston, Chicago and Cincinnati ($2.4 billion) From these and other deals, OBAX Chairman has generated revenue in excess of $750 Million (USD) over the years.