Gulf Cooperation Council Countries (GCC) Jamie DoyleDirector and Vice President / Head of Exploration Sanjai ChhaunkerDirector (Operations)
Chairman of the Board
Dinesh K Sarraf (DK) is highly experienced Oil Industry Veteran with over 35 years of Industry experience.
Dinesh Sarraf has held various positions in Oil and Natural Gas Corporation Limited (ONGC) which is a Public Sector Undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India.
He was the Chairman & Managing Director of ONGC and Chairman of ONGC Group of Companies including ONGC Videsh Limited (OVL) as its Managing Director and CEO.
He has held Key Board Positions, in ONGC Limited and ONGC Videsh Limited (OVL) a Group Company of ONGC, for about 13 years and other Government of India Owned Refineries for about 9 years.
His last position was as Chairperson, Petroleum and Natural Gas Regulatory Board of Ministry of Oil and Petroleum, Government of India for about 3 years. Highlights of his tenure was setting up of India’s first Natural Gas Exchange in record time of less than six month and he also devised new norms for City Gas Distribution (CGD) authorization which led to an increase in Gas Penetration Population from 17% to 71% and geographical area coverage from 10% of India to 53%. Based on same norms at present India’s CGD extends to about 98% of population covering 88% of its Geographical area.
While with ONGC and OVL he has led successful acquisitions of oil and gas blocks in several countries including, Australia, Azerbaijan, Bangladesh, Brazil, Columbia, Cuba, Egypt, Iran, Iraq, Kazakhstan, Mozambique, Myanmar, Nigeria, Russia, South Sudan, Sudan, Syria, Vietnam, Venezuela, etc. In value terms, the total acquisition investments exceed 15 billion USD. Each acquisition included process of identification of opportunity, engagement of consultants, conducting due diligence, valuation, negotiation, finalisation of agreements, end-to-end approval process, financing, integration of acquired asset in corporate portfolio, etc. He led the process of successful engagement with stakeholders like partners, investors, host country, regulators, employees, etc. He led E&P projects in the above countries as CFO/ CEO/ Chairman.
He is a Post Graduate from University of Delhi and member of Institute of Cost Accountants of India and Institute of Company Secretaries of India along with a certified valuer of Securities and Financial Assets.