In 2003. In 2007 he was appointed the chairman and chief executive of Africa Petroleum. The company changed its name to Forte Oil PLC in 2010. The company sold 17% of its equity to Mercuria Energy Group in 2015 which made Femi Ote about $200 million. He owns Swift Insurance and is the chief executive and president of SeaForce Shipping Company Ltd. He has been involved in alleged bribery and corruption but plead not guilty.