OQ's Board of Directors is responsible for formulating and tracking the progress of long-term objectives. The eight-member Leadership Team ensures the constant flow of information and monitors pertinent activities, compliance KPIs and strategies.
Following the appointment of our Group CEO Musab Al Mahruqi in November 2018, we conducted a 100-day programme, under the name of Nakhla, to evaluate the scope for sustainable growth in multiple global markets, declaring a new vision and organisational structure.
He is the Acting Deputy Chief for Investment at the Oman Investment Authority. With over 25 years of commercial experience in international business and finance, Al Jarf is responsible for the OIA’s investments to achieve long term sustainable returns for the Sultanate of Oman and to support the diversification of the Omani economy. Prior to joining OIA, Al Jarf was Deputy CEO of Oman Oil Company SAOC and earlier with the Ministry of Oil & Gas, Oman Gas Company SAOC, and General Telecommunications Organization. Al Jerf holds a Bachelor of Business Administration in International Business from Marymount University and is a qualified Barrister-at-Law of the Bar of England and Wales.
He is the Group CEO of ASYAD. Al Hatmi was a key player in the development of Oman’s National Logistics Strategy 2040. He now oversees its implementation and spearheads the sector’s economic growth. He led the inception of ASYAD Group, consisting of 16 companies and spanning three major Ports with their associated free-zones, as well as Oman Shipping, Oman Post, Oman Dry Dock and Transport companies including Oman Rail, the latter was established by Al Hatmi to direct and manage the development of the GCC and national rail project in Oman. Al Hatmi is a Mechanical Engineer, graduated from the University of Bradford.
Dr. Al Lamki joined Petroleum Development of Oman (PDO) in 1973 and was seconded to Shell in The Hague. He went on to hold senior positions at PDO and Shell, including Head of Well Engineering, Shell Nigeria, Chief Production Technologist and Deputy Petroleum Engineering Manager at PDO, Petroleum Engineering Manager at Norske Shell, Norway and Petroleum Engineering Manager and Technical Director at PDO. Dr. Al Lamki was appointed Deputy Managing Director and Technical Director of PDO in 1998, a position he held until his retirement in 2012. Dr. Al Lamki holds a Ph.D in Physics from Trinity College, Dublin, Ireland.
Dr. Chuchottaworn formerly worked for several leading companies in various capacities, including but not limited to Chief Executive Officer and President, PTT PCL; Director, PTT Exploration and Production PCL; Chairman, IRPC PCL; Federation of Thai Industries; Expert Member, Public Organization Development and Promotion Commission; and Expert Member on the Board of Commissioners. He was also appointed as Deputy Minister, Ministry of Transport, from November 2017 to July 2019. Dr. Chuchottaworn graduated from Chulalongkorn University in Thailand in 1979 with a bachelor’s degree in chemical engineering. He then went on to the Tokyo Institute of Technology and completed a master’s degree and a doctorate with Japanese government scholarship, in chemical engineering.
Eng. Al Wahaibi is the Group Chief Executive Officer of Nama Group and Chief Executive Officer of Nama Holding. He also serves on the board of Redes Energeticas Nacionais SGPS SA, GCC Interconnection Authority and Haya. In the past he has served as the Chairman of Dhofar Generating Co. SAOC, Chief Executive Officer for Oman Wastewater Services Co. SAOC, Chairman for Al Ghubrah Power & Desalination Co. SAOC and Project Manager at Petroleum Development Oman (PDO). Mr. Al-Wahaibi holds an undergraduate degree from the University of Manchester’s Institute of Science & Technology.
Tore Myrholt currently serves in McKinsey as a senior external advisor based out of Doha, and has been with McKinsey for close to 40 years. During his time with McKinsey, Mr. Myrholt also served as Chairman of the Directors Committee and as a long-term board member of the McKinsey Shareholder Council. Additionally, Mr. Myrholt serves on multiple boards, as a Chairman in Trioplast and Antler, as a member in Arunda, and as a member in three other non-profit boards. Mr. Myrholt has a degree in International Economics from Norges Handelshøyskole and an MBA from Harvard Business School.
He is the Chief Executive Officer of Al Ahli Bank since 2018. Previously, Al Hatmi held various senior positions at the HSBC Bank Middle East, Oman. Overall, he has more than 17 years of commercial banking experience in the areas of corporate banking, risk management, finance and banking operations. Al Hatmi graduated with a Bachelor’s degree in finance from Sultan Qaboos University in 2000 and an MBA from the University of Strathclyde in the UK in 2007. He is also qualified as a Certified Management Accountant from the Institute of Management Accountants, USA, in 2011.
Musab Al Mahruqi was appointed as Group CEO of OQ in December 2018 to lead the integration of what is to become the Sultanate’s flagship energy company. Al Mahruqi’s career in the oil and gas industry spans almost 20 years, including six years as the CEO of Orpic and seven years in various positions at Oman Oil Company, including Deputy Chief Financial Officer and Project Finance Manager. He has also held operational, technical, commercial, and financial roles in upstream and downstream industries. He earned a BSc in Chemical Engineering from Nottingham University, UK, and an MBA from Edinburgh University, UK.
Adil Toubia, a Norwegian citizen, has over 30 years of experience in industrial and investment companies. He started his career at Schlumberger, achieving to lead the company’s world-famed ‘Wireline’ business as its President, and subsequently as President of Schlumberger Drilling Services, Worldwide. Adil has held CEO roles in many companies, including leading Siemens’ Oil & Gas division (17,000 people) as the CEO. More recently, Adil was Vice-Chairman and CEO of Ecolog International (12,000 people in 150 locations worldwide). Since 2007, Adil has also been an active board member in our subsidiary “Abraj Energy Services”. Adil holds a master’s degree in Electrical, Electronics and Communications Engineering from Columbia University, New York (USA).
Ahmed Al Jahdhami’s career in the oil and gas industry began over 20 years ago in the field of Mechanical Engineering. He now serves as the CEO Downstream at OQ. His previous roles include CEO of Oman Power and Water Procurement Company, in addition to other leadership roles at the Public Authority for Electricity and Water, and Oman’s former Ministry of National Economy. Al Jahdhami holds a BSc in Mechanical Engineering from the University of Nottingham, UK.
Talal Al Awfi has over 20 years’ experience in oil, gas, and petrochemical marketing and trading. In his current role as Chief Commercial Officer, he is primarily responsible for all of the marketing functions within the group. During his career he has held several key positions in the public and private sectors, notably the CEO of Oman Trading International. As well as serving as a member of various boards across the oil and gas industry, Al Awfi has held a series of Project Management positions, one of which involved the initiation and set up of Oman Trading International in 2005. He holds a BSc in Business and Finance, as well as an MSc in Marketing from Salford University, UK.
Ayad Al Balushi was recently appointed to lead OQ’s new Alternative Energy sector. This is a promising & captivating new focus for OQ which will make us more diversiﬁed and resilient. Born and bred in the oil and gas industry, Al Balushi’s diversified experience in upstream oil and gas covers the areas of Finance & Strategy, Portfolio, Economics & Planning and Projects. His previous roles saw him hold the position of Chief Financial Officer and Chief Portfolio Officer at Oman Oil Company Exploration & Production (OOCEP). He also recently led OQ’s successful Integration Management Office. Prior to joining OQ, Al Balushi worked in Petroleum Development Oman and Schlumberger. He is a graduate of Oman’s National CEO Program by IMD, and holds a degree in Mechanical Engineering from the University of Nottingham. He is also Deputy Chairman of Abraj Energy Services.
Now serving as OQ Company’s CFO, Nzar Al Lawati’s career with Orpic alone spans eight years. His current post is instrumental to the company’s financial and risk operations as it crosses the threshold of major growth. Al Lawati’s presence in the oil and gas industry dates back to 1995, when he joined Petroleum Development Oman. Since then he has held senior roles in the energy industry including Risk Management & Governance at Shell in the Middle East. Al Lawati gained his education at the University of Sussex, UK, where he studied engineering, and the Chartered Institute of Management Accountants.
Ibtisam Al Riyami’s mandate at OQ Company spans Human Resources, Brand, Communications, Sustainability and Administration including Work Environment, as well as accountability for the Group’s transformation through Digitalization, Lean and Continuous Improvement (CI). Al Riyami joined the Group from Petroleum Development Oman (PDO), where she held the position of People and Change Director from 2013. Her distinguished 30+ year career has included a number of IT roles at PDO, culminating in her position as Manager of Information Management and Technology, in addition to a four-year expatriation at Shell Exploration in Aberdeen, UK. Al Riyami holds a bachelor’s degree in Computer Science from the University of Tulsa, USA, an Executive MBA from the University of Aberdeen, UK, and an Executive Masters in Coaching and Consulting for Change from INSEAD, France.
Shihab Al Barwani’s started his career in PDO’s instrumentation function in Oman, then undertook several assignments at Shell in the U.K. incl. at Stanlow Refinery, as well as in projects in Canada, The Netherlands and Nigeria. Back in Oman, Shihab led PDO’s Engineering for South Oman and subsequently delivered its USD 1,5 bn Harweel project. Shihab’s mandate at OQ will take the live projects worth USD 28 bn and more investments in sight including in Alternative Energy, the SVP Projects & Technology drives a profound, transformative impact on OQ’s business. The P&T function will build a sustainable and technology-leading business by leveraging core areas of Project Delivery, QHSE and Engineering & Technology. Shihab holds a bachelor’s degree in Measurement & Control from Teesside University (U.K.).