With 33 years of rich oil & gas industry experience Senior Executive, providing fiscal, strategic and operations leadership in uniquely challenging situation.

Dynamic, result oriented leader with strong track record of performance. Superior interpersonal, communication and negotiations skills, capable of resolving multiple and complex  issues and motivating staff to peak performance. By utilising keen analysis,  insights and team approach to drive organizational improvements and implementation of best practises, continuously delivered outstanding corporate results through in depth appreciation good governance.

Hold considerable experience of dealing with the Government departments, Oil & Gas Joint Ventures technical, financial and management affairs, agreements, conceiving and implementing major reorganization initiative with cost rationalization programs. Highly effective in situations where a strong management style is required to implement difficult decisions and to bring about radical change. Delivered $ multi-million business benefits in a low oil price environment.

Professional Experience

MISAB Resources (MISAB) – October 2019 todate

Chief Executive officer of MISAB, a Private investment holding company incorporated under the laws of Republic of Mauritius. MISAB holds 100% shareholding of SIM Oil Limited.

SIM Oil Limited (SIM Oil) [Formerly Tullow Pakistan (Developments) Limited] – December 2019 todate.

Chief Executive of SIM Oil. In December 2019, through a management buyout, I have acquired 100% shareholding of Tullow Pakistan (Developments) Ltd (TPDL), incorporated under the laws of Jersey Channel Islands. TPDL  holds 29 years of hard core rich experience as an operator and non operator with the engagement off full cycle of oil and gas exploration and production activities. Upon the acquisition of TPDL, the name of the company has been changed to SIM Oil.

Currentage International Marketing Pvt Limited (CIML) July 2019 todate.

Appointed as Chairman in July 2019. CIML is the premier technology market development company operating in the Energy Resources Development & Upstream Petroleum Industry of Pakistan since 1991. During the last over 28 years, CIML have successfully introduced latest oil & gas exploration and development technologies and foreign companies in the Industry and developed sustainable business for our counterparts. 

Entrepreneur Organization

Executive Director Entrepreneur Organization (EO), Islamabad Chapter. Look after the affairs of the Forum and Strategic Alliance for the members of the EO.

Tullow Pakistan Developments Limited (TPDL) – 1994 to 2019

Worked in different capacities and positions in TPDL for over 27 years and as Country Manager Pakistan from 2009 to 2019.

key skills

Leadership and Direction

• Successfully managed and organised 13 Petroleum Concession Agreements (PCA) and 4 Development & Production Leases (D&PL) businesses which includes but not limited to PCA & JOA negotiations with the Government and Joint Venture Partners, convening of partners meeting, preparation, presentation and obtaining approvals from the Management, Joint Venture Partners and Government of annual work programs, budgets and AFEs.
• As Country Manager I supervised and manage all areas of business operations like finance, legal, commercial, geological and geophysical, drilling, development and production operations successfully and to the fullest satisfaction and expectations of the management.
• Ensured that all staff and contractors had a very clear understanding of the critical/key company objectives/deliverables and implemented a formal process of cascading performance targets and thereafter the regular reviews of individual performance across the departments/business
• Lead HSE. Continuously demonstrated to all staff and direct/indirect contractors a very strong commitment to the HSE processes and deliverables. Deployed effective and cost efficient CSR strategies to engage and improve relations in volatile communities. Taking due cognizance of both country and industry best practices
• Lead the seven data rooms opened up for the sale of Pakistan assets. Was highly commended by management and potential buyers as to the quality of the presentations, data room and documentation made available to support the sale of the Pakistan business
• Having good understanding of commercial / technical gas contracting issues, negotiated three Gas Sales & Purchase Agreements with state owned companies WAPDA and SNGPL with respect to Sara, Suri and Chachar Gas Fields. By effectively engaging my abilities and skills, company has the privilege to conclude these agreements in record time period. Moreso, negotiated successfully Gas Pricing arrangements and Agreements with the Regulators.
• Involved in the negotiations of 21 Farm-out and Farm-in Agreements and revealed excellent results through effective negotiations skills.
• Negotiated more than 50 drilling, seismic, testing, production facilities contracts with third parties.
• Interacted with Government departments on Petroleum Concession related issues and produced excellent results while obtaining approvals consents etc Involved in preparation, submission and obtaining approvals of Sara, Suri, Sara West, Chachar Gas Fields, Development Plans, Declaration of Commerciality Documents.
• Have strong ability to cultivate good relationships with people which has revealed good results for the company at numerous occasions.
• Strict compliant of company’s “Code of Business Conduct” and registered certified employee on a yearly basis, in this regard. 

Business Performance

• One of my achievement was successful Farm-out of 60% Working Interest of Tullow to state owned company OGDCL in the Sara West D&PL on very good commercial terms. This achievement was acknowledged and appreciated very much by the top management.
• Successfully farmed out entire Working Interest of Tullow and Operatorship of Sara & Suri D&PLs to Spud Energy Pty Limited despite big challenges and this achievement was commended and  enabled to earn appreciation from the management  and other stake holders.
• Played a key role in the negotiation sale and transfer of Chachar Gas Field to Pakistan Petroleum Limited and earned lot of appreciation and recognition from the management and board members.
• Successfully negotiated a company favourable Farm out Agreement and Deed of Assignment for the transferred the Operatorship of Block 28 from Tullow to Oil & Gas Development Company Limited.
• Successfully Farm-out of 20% Working Interest alongwith Operatorship of Tullow to Mari Petroleum Company Limited in the Bannu West Block on extremely lucrative commercial terms. This achievement was fully recognised and appreciated by the top management.  
• One of the greatest achievement of my carrier, is to farm down the entire working interests of Block 28, Bannu West, Kalchas and Kohat Blocks to Mari Petroleum Company Ltd on extremely lucrative financial terms and closed the transaction in a record time despite certain regulatory and  legal challenges.
• Independently negotiated three financing agreements aggregating a total of US$ 20 million, required for Sara Suri and Chachar fields development activities. These agreements were executed at the extremely economical rates.  The negotiations involved preparation of economic modelling, input to the terms of the agreements and assistance for the technical/economic/legal due-diligence carried out  by the lender United Bank Limited.
• Employed effective management and tax planning in Sara & Suri and Chachar Development projects which resulted in savings of US $ 1 million on account of Custom clearance and government duties.
• Successfully handled 10 audits carried out by our Joint Venture Partners and different Government departments and effectively negotiated the resulting monitory findings in the company’s favour. This exercise gave me valuable experience of commercial and technical facets of JV operations and  also led streamlining and improving our internal accounting procedures.
• As a responsible manager, I have been fully involved in preparation of development plans, declaration of commerciality documents,  all field development and pipelines related licence and obtaining regulatory approvals.   
• Achieved significant savings while negotiating different third party contracts on behalf of the company. Directly involved in outside court settlement of three contractual disputes and revealed very good results for the company.
• Identified & evaluated business opportunities for consideration of the management.
• Developed the Board Sanction Papers with respect to Chachar and Sara & Suri Development projects for the Board of Directors.
• Supervised all accounting, audit and tax affairs of the Joint Ventures and Pakistan Branch (having operations of more than US$ 180 million) i.e. monthly and annual JV billings and accounts, reporting thereon to management, Joint Venture Partners and the Government departments in strict compliance to policies, PCAs and JOAs.

Stakeholder Management/Relationships

• The culture and system requires very careful management of all stakeholders. Balancing their demands has been the most challenging test of my ability to manage/balance relationships in my career to date.
• Established excellent and close working relationships with the concerned Pakistan Government offices and senior officials, Regulators (Petroleum Minister, Secretary, Director General Petroleum Concessions, Director General Gas, Chairman Oil & Gas Regulatory Authority, Provincial Secretaries), MD’s of the JV Partners and other Directors and senior officials, major Contractors/Suppliers and leading Banks.
• Consistently contributed to the growing image of Tullow in the Pakistan oil Industry, which was recognised by being elected to the Office of Vice President PEPPCA.
• Cultivated excellent relationship with the Wapda and SNGPL (buyer of Sara, Suri and Chachar Gas) top management
• Facilitated and contributed towards High level meetings with the Prime Minister, Federal ministers, Provincial Governors, Chief Ministers of Provinces and British High Commission in Pakistan. 

People/Staff

• Developed and enjoy excellent relationship with Tullow’s local management team  and office colleagues. Nominated as Best Manager by independent third party Study “Performance Management In Tullow” carried out by Locus Ltd S-Africa
• Achieved a high level of competence from the Admin, Exploration, Production, Finance and IT departments workforce, introduced comprehensive learning and development programme for these departments.
• Member of EHS Leadership committee of Regional Business Manager of Europe, North Africa and Asia. 

CAREER HISTORY  

TULLOW GROUP

Khalid Majid Hussain Shah Rehman - Chartered Accountants Member Company of Deliotte Touche Tohmatsu

EDUCATION & QUALIFICATIONS

• Member Institute of Chartered Accountants Pakistan (intermediate)   
• Associate Member American Management Association
• Associate Member Rocky Mountain Mineral Law Foundation (USA)
• Certified Financial Consultant – Canada
• Associate Member Institute of Internal Audit
• Bachelor of Commerce, Punjab University
• Alumni of Dundee University, Scotland
• Alumni of Texas University, Dallas, USA
• Member and Executive Director of Entrepreneur Organization (EO)   

PROFESSIONAL DEVELOPMENT

• 1996 Advanced International Program in Oil & Gas Financial Development from University of Texas Dallas
• International Gas Business Management Certificate Program – IHRDC Boston, USA
• Natural Gas Negotiations and Contracts – University of Dundee, Scotland
• Petroleum Economics – TRACS International
• Tullow Oil EHS Leadership Course Module 1 & 2
• Tullow Oil Crises Management and Media Training – Link Associates International, Derby, UK
• Tullow Oil Leadership Development Program – Ashridge Business School UK
• Financial Modelling and Petroleum Project Economics – IHRDC Boston USA
• Advance Petroleum Management Program – IHRDC Boston, USA
• International Oil & Gas Law, Contracts, and Negotiations: From Discovery to Decommissioning – aipn Houston Texas USA
• Core Course on International Oil & Gas Law, ENI University, Milan, Italy   

PERSONAL DETAILS

Availability: presently working as CEO of SIM Oil and MISAB

Date of Birth: 18 October 1966,    Married, 1 son