PICO Cheiron’s success is primarily driven by its entrepreneurial and growth oriented management. Our team of local and foreign industry veterans, who bring years of oil & gas experience to the table, have helped grow the group into Egypt’s largest independent E&P company.
As part of the company’s strive to continuously acquire and retain the best talent, PICO Cheiron has recently undergone a change in management, bringing on board its new Chief Executive Officer who with the decades of experience under his belt can steer the company toward realizing its strategic goals. Additionally, the company has also formed the PICO Cheiron Leadership Team (PLT) that works to ensure our competitive advantage over our local and regional peers is maintained, and who can identify our next generation of leaders and prepare them to drive the group down its long-term sustainable growth path.
Chief Executive Officer
Mr. David Thomas is a seasoned oil and gas industry professional with over 35 years of experience in the sector. He started his career as a petroleum engineer with Conoco, working in the UK and Dubai before moving into reservoir engineering and asset management positions. Subsequently, he joined Lasmo where he became the Group GM Operations and, following the company’s acquisition, held three regional Vice President roles with Eni managing the North Sea, Russia/Asia/Australia and West Africa asset portfolios. Subsequently, David has served on the Board of various public companies including as the President and COO of Centurion Energy, CEO of Melrose Resources and COO of Petroceltic International. He is currently acting as a Non-Executive Director on the Gulf Keystone Board. He has a BSc in Mining Engineering from Nottingham University and an MSc in Petroleum Engineering from Imperial College.
With 36 years of oil and gas experience under his belt, Mr. Medhat El-Sayed assumed the role of Operations General Manager at PICO Cheiron Group in February 2016. He has served on the board of many companies such as Tharwa Petroleum, Petrobel, and Petroleum Marine Services (PMS). He received a Bachelor of Science in Petroleum Engineering from Suez Canal University in 1980 and started his career as a Petroleum Engineer at Petrobel, moving his way up the ladder in the company to Section Head, then Department Manager and eventually became the Department General Manager in 2004 before becoming Chairman of the Board and Managing Director of the company in 2006. He joined PetroGulf Misr in December 2012 as General Manager and Managing Director.
With 31 years in the oil and gas industry, Mr. Iain Knott has developed strong technical and commercial competencies across a range of upstream and downstream disciplines, including exploration, field development, new ventures, project management, and gas storage. Mr. Knott has experience in both large and small operating companies with a wide geographical reach including basins and projects in Europe, Russia, Africa, Middle East, South East Asia, and South America. He spent most of his career working at various firms in the UK, such as BG Group, Burlington Resources, Elixir Petroleum, and most recently, Berkshire Land & Energy, in various roles, from Senior Geologist to New Ventures and Geo-science Manager to Exploration Manager. During his time at Burlington and Elixir, he gained considerable expertise in techno-economic assessment of unconventional resources.
Commercial and Legal Manager
With over 14 years of business development experience, Mr. Omar Hassan holds the position of Commercial and Legal Manager for PICO Cheiron and also that of Managing Director of Fora Oil and Gas. He graduated in 2002 with a Bachelor of Arts in Political Science from Duke University. In September 2003, Mr. Hassan joined PICO Group, where he led Business Development activities at the corporate level. Later in 2005, Mr. Hassan dedicated increased focus to PICO International Petroleum, leading its Business Development efforts since 2007.
Group Finance Manager
With over 27 years of experience, Mr. Mohamed Mostafa is the leading authority on Egyptian joint ventures. He has extensive experience with PSC’s and JV’s and an excellent relationship with EGPC. Mr. Mostafa graduated in 1988 with a Bachelor of Commerce in Accounting from Cairo University. He started his career as an Accountant in Suez Oil Company (SUCO) in 1989 and held several accounting positions in the area of materials accounting and fixed assets disciplines, before leaving his Senior Accountant position at SUCO in 1995. He joined PICO Petroleum Panama in 1996 as Accounting Manager. Since August 2003 he has been the company’s Finance Manager. He is responsible for all finance disciplines, including Accounting, Budget, Taxation, as well as dealing with different partners and EGPC. He has also been a Board Member of South Ramadan Marine Committee, a Joint Venture with GPC and EGPC, since April 2005, where he followed up the operations of the South Ramadan Marine field.