The 25 Under 40 Energy Women Rising Stars celebrates the exceptional achievements of women across the African energy industry. Among these trailblazers is Ozioma Agu, Partner at Stren & Blan Partners. Agu advises major transactions in Africa’s energy industry, supporting the growth and development of markets.
Could you provide a brief overview of your journey in the energy industry that led to your current role? What are some key achievements or milestones that you are particularly proud of?
While I was always drawn to corporate law, it wasn’t until I took a course on Energy and Natural Resources Law that something clicked for me. After completing my degree, I moved on to becoming a transactional lawyer, advising on front line energy deals at foremost and leading Nigerian lawf irms like Aluko & Oyebode, Detail Commercial Solicitors, Bloomfield LP and more importantly, my current partnership at Stren & Blan Partners, where I lead the Energy, Finance & Infrastructure practice and have advised on market defining energy deals.
One of the most significant milestones in my career was advising on the Mobil and Shell divestments. These were multi-billion-dollar transactions and involved navigating Nigeria’s evolving regulatory frameworks such as the Petroleum Industry Act (PIA) 2021, conducting comprehensive due diligence and issuing practicable transaction structuring opinions. One of my most fulfilling projects has been contributing to the establishment of electricity markets in some states in Nigeria, particularly in Anambra State, where I led the team that drafted the legislative documents for the establishment of the State Electricity market, following the enactment of the Electricity Act, 2023.
The energy industry is known for its complexities. What were some significant challenges you faced along the way, and how did you navigate through them to achieve your goals?
Throughout my journey in the energy industry, I have encountered several significant challenges that have shaped my career. One of the foremost challenges has been navigating the complex regulatory frameworks specific to Nigeria’s energy sector. Working on large-scale transactions, particularly in oil, gas and renewable energy fields require constant adaptation to evolving regulations. A prime example is the PIA.
Managing cross-border transactions has also presented its own set of challenges. Coordinating between different legal systems and jurisdictions requires meticulous attention to detail and patience. The varying legal frameworks and cultural differences in business practices often mean balancing multiple moving parts simultaneously. As a woman in the energy industry, I faced personal challenges in overcoming stereotypes and biases. There were times when my ambitions and leadership capabilities were met with skepticism. Instead of allowing these perceptions to discourage me, I channeled that energy into proving my competence and dedication through results.
What advice would you give to young women aspiring to excel in the energy sector? Are there any specific strategies or mindsets that helped you overcome obstacles and reach your current position?
My primary advice is to embrace your passion and be confident in your capabilities. The energy industry is dynamic and full of opportunities, but it can also be challenging. Here are a few strategies and mindsets that have helped me navigate my journey and overcome obstacles: pursue continuous learning and stay informed about industry trends, regulatory changes and technological advancements. Build a strong network, connect with mentors and peers who can provide guidance, support and opportunities. Be resilient and adaptable – challenges are part of any career path, especially in a complex industry like energy. Develop leadership skills and take on leadership roles whenever possible, whether in formal positions or through project management opportunities.
Maintain a growth mindset and focus on your strengths and recognize that challenges are growth opportunities. Believe in yourself – self-belief is paramount. Trust in your abilities and don’t be afraid to assert your ideas and contributions.
A career in energy can be demanding. Could you describe a typical day in your life?
A typical day for me is all about balance and focus. I try to start my mornings early, with a short moment of reflection or exercise and prayer. This helps me focus my energy before diving into the day. I keep myself updated on energy sector news, nationally and globally, especially with the rapid changes happening across energy markets in Nigeria and beyond. Mornings are spent on high-priority tasks like reviewing legal documents or contracts for ongoing deals. Some days are more hands-on with meetings, either with clients, regulators, or my internal team.
Afternoons are more dynamic; it is often dedicated to managing my team and mentoring younger associates. It’s essential for me to support and guide them, to ensure they not only contribute to our ongoing deals but also grow as professionals in the industry. On some days, I might be speaking at events or attending industry conferences. These events are a great way to stay engaged with the wider industry, learn from others, and sharing my insights. Evenings might involve reviewing documents at home or jumping on a late-night call with clients or team members due to the time zone difference. However, I always try to carve out time for dinner with family or friends. Having a support system is crucial, and it helps me decompress from the day’s intensity.
Looking ahead, what changes or advancements do you hope to see in the energy sector? How do you envision your role in shaping that future?
Looking ahead, I hope to see the global energy sector promote natural gas and hydrogen for emerging markets like Nigeria, as an essential component of the energy mix. I see a strong role for CNG in the transportation and industrial sectors. Additionally, in Nigeria, we have an incredible opportunity to harness our abundant solar energy resources. I hope to see the government implement clearer regulatory frameworks and incentives to attract investment in these renewable projects, making it easier for both local and international investors to participate.
I see advancements in energy storage technologies becoming increasingly critical worldwide. I hope to work on projects that explore innovative battery technologies or pumped storage systems that can enhance energy reliability not just in Nigeria, but also in other developing nations that face similar challenges. In addition to technological advancements, I anticipate a need for stronger international cooperation on energy policies. Global challenges like climate change require collaborative efforts, and I envision my role as an advocate for policies that promote cross-border investments in renewable energy infrastructure.
