farrukh_sohail_portfolio

Portfolio of Selected Work

FARRUKH SOHAIL

FARRUKH SOHAIL Professional_Portfolio

Portfolio of Selected Accomplishments

PROJECT DESCRIPTION • Designed the transformation business plan. Coordinating with

the top management of upstream and downstream oil

companies in Kuwait towards forming the oil & gas Technology

and R&D Company, and implementing the approved business

plans. No external consultant was hired for this effort.

• Helped craft the strategy & business plan for the $1.5 billion

Research & Development Center for the oil & gas sector in

Kuwait and design the Vision and Mission of the R&D Center.

Also helped management set the strategic objectives.

Currently, coordinating the implementation of R&D Center.

• Helped KPC develop the Technology Roadmap guidelines for

the oil sector. Also advised Upstream PMO in preparing the

Upstream Technology Roadmap based on the requirements

and strategic objectives of various oil fields and business units.

• Managing the performance of the action plan. Designed the

Balanced Scorecard and aligned objectives with corporate

strategy.

• Led various process improvement initiatives including Lean Six

Sigma.

• Designed and implemented HR role in achieving strategic

objectives. Aligned manpower with corporate strategy.

Establishing New Technology Company

Strategy & Business Plan for the R&D Center

Technology Roadmap across Oil Sector

Performance Management at KOC

Business Process Improvement

Aligning HR with Strategy

1

2

3

4

5

6


Establishing the new Technology and R&D Company –

a subsidiary of KPC

SITUATION

• Desire of His Highness the

Amir of Kuwait to establish

a Center of Excellence in

Research, Development

and Technology for the Oil

industry

• Achieving KPC 2030

strategy requires focus on

research and technology

• Kuwait is facing challenges

that are specific to its Oil

Industry

• Outsourcing development is

expensive.

• The world is moving toward

‘Unconventional Oil’.

• There is a need to develop

internal capabilities.

ACTIONS that I Performed

• Assessed Current Situation

• Formulated a Future

Position

• Crafted the Business Plan

for the new company

• Designed transition from

Current Position to Future

Position – Day 1, 3 Year

and 5 Year position

• Presented, discussed and

sought approval of all of the

above from the KPC Board

• As a key member of the

Implementation Team,

working with management

towards implementation of

Business Plan across oil

sector

RESULT

• Future Position was

approved by KPC Steering

Committee

• Business Plan for the new

Technology Company was

approved by the CEO of

KPC

• Transition has started

across the oil sector:

• KPC

• KNPC

• KOC

• KUFPEC

• Advising KPC and

subsidiaries in the transition

The above has been

accomplished without the help

of any external consulting firm.

1


I led the creation of Integrated Business Plan to manage

Technology and R&D at KPC and subsidiaries

Business Case

•Challenges Faced

•Current Position Report

Governance / Structure

•KPC & Subsidiaries

•Functions

•Roles & Resp.

•Work Load

•Structure

Processes

• Identify business processes at KPC

• Identify business processes at subsidiaries

Manpower

•Suggest manpower at KPC

•Suggest manpower at subsidiaries

Budget

• Identify elements

•Design budget for subsidiaries

1


Business Model for the new R&T company has been

approved by CEO KPC

FARRUKH SOHAIL

Finance & Admin Research & Development Technology Management

Advisory Board

R&T company

Board

CMD

Areas Functions

Operation R&D Programs Management

Technical R&D Functional Heads & Resource Management

Engineering

Prototyping

Areas Functions

Upstream Upstream Technology Management

Downstream Downstream Technology Management

Shared Technology

Technology Transfer & KM

Areas Functions

Support Functions

Finance, Admin, HR, HSE, Planning, Investment, Ext. Collaboration, Other

Capabilities Building

A support function that requires special focus to grow our own researchers

To provide expertise from senior, globally-recognized, technology leaders

To provide overall governance and decisions

1


Currently working on the Roadmap to implement the

business plan

FARRUKH SOHAIL

Phase I Phase II Phase III

6 months 3 years 2 years

KPC to implement start-up structure.

KOC to establish Implementation team.

SC to assign Implementation team to revise, amend and manage consultancy scope for R&T company

KNPC to setup R&T structure.

Other subsidiaries to identify resources to carryout R&T functions.

Start-Up

☞ Establish Legal Entity.

Complete design phase of R&D center; start R&D programs, and identify strategic partners.

Hire required R&D resources.

Secure temporary R&D offices.

Build technology roadmap for subsidiaries and corporate.

Legal Establishment

Construct the buildings*

Fully Functional

Implement Technology processes / synergy across subsidiaries.

Restructure NET business & establish knowledge management.

Manage R&D and TM strategy and performance.

☞ Need Approval

Completed

On going

* Depends upon the Stage Gate and Contract cycles

5.5 Years

1


Portfolio of Selected Professional Experience

PROJECT DESCRIPTION • Working with the top management of upstream and

downstream national oil companies in Kuwait towards forming

the oil & gas Technology and R&D Company, and implementing

its business plans.

• Helped craft the strategy & business plan for the $1.5 billion


Kuwait and design the Vision and Mission of the R&D Center.

Also helped management set the strategic objectives.

Currently, coordinating the implementation of R&D Center..







strategy.


Sigma.









1

2

3

4

5

6


Crafting the Strategy and Implementing the Business

Plan for the R&D Center

SITUATION

• Desire of His Highness the

Amir of Kuwait to establish

a Center of Excellence in

Research, Development

and Technology for the Oil

industry

• Achieving KPC 2030

strategy requires focus on

research and technology

• Kuwait is facing challenges

that are specific to its Oil

Industry

• Outsourcing development is

expensive.

• The world is moving toward

‘Unconventional Oil’.

• There is a need to develop

internal capabilities.

ACTIONS that I Performed

• I Led the team in Crafting

the Business Plan for the

Research Center and in

seeking Board’s approval

• Working with Management

in implementing the

business plan

• Worked with HR in getting

new organization

implemented.

• Working with Finance &

Budget in securing Opex

and Capex for new

organization.

• Drafted the RFP and

selected the management

consultants to assist in

implementation

RESULT

• Business Plan was

approved by the Steering

Committee and Board

• New Group to establish

R&D Center has been

created at KOC and

positions have been

approved

• Stage Gate 1, for securing

the capital has been

crossed

• Draft R&D Program

Strategy has been crafted

• Draft Collaboration Strategy

has been crafted

2






its business plans.

• Crafted the strategy & business plan for the $1.5 billion


Kuwait. Designed the Vision and Mission of the R&D Center

and helped management set the strategic objectives. Leading

the implementation of R&D Center.







strategy.


Sigma.









1

2

3

4

5

6


Why do we need a Roadmap? K

PC

– T

RM

G

uid

elin

es

2030

20

11

20

15

20

20

20

25

To help KPC and Subsidiaries achieve 2030 strategic objectives through

investment in right projects

• Subs Tech plans? • Corporate tech Plan? • What, Why, when, how???

20

09

K

PC

20

30

St

rate

gic

Pla

n

20

30

3


I led the development of Road-mapping Guidelines; that

were approved by the KPC Steering Committee and

currently are being implemented across the Oil Sector

3


Challenges that require to be solved through new

Technology are now being prioritized under Technology

Roadmaps for Upstream, Downstream & Chemical

Doability

6

12

0

Business impact

6 12 0

14

13

11

10

12

x3

9

x2

8

6 7

x1

5

4

3

2

1

Water Management

Operations & HSE

Well Productivity

Drilling & Completions

Reservoir Technologies

High

Low High

3

KOC Sample






its business plans.





the implementation of R&D Center. • Helped KPC develop the Technology Roadmap guidelines for the oil

sector. Also advised Upstream PMO in preparing the Upstream Technology Roadmap based on the requirements and strategic objectives of various oil fields and business units.

• Managing the performance of the Strategy Action Plan.

Designed the Balanced Scorecard and aligned objectives with

corporate strategy.


Sigma.






Performance Management



1

2

3

4

5

6


Developed annual Action Plans for the Group – Focus on

Initiatives required to deliver strategy and reports on how

we are doing in meeting strategic objectives & targets

Full-field/ Projects Selection Definition Execution Operation

Appraisal / Pilot Selection Definition Execution Operation

4

Example: With the implementation of strategic technology pilots &

projects, R&T Group added KD 37.4 M of value against KD 12.1 M R&T

Spent budget

Comments

Following pilots and projects contributed to the Added Value at R&T:

Number of Opportunities for Full-scale Implementation: A total of 10 technology opportunities were completed successfully at R&T and have been identified for full-scale implementation at the assets.

Note: R&T Spend for 2010/2011 figures are as of February 2011

No. Project Added Value ($)

1 ICD Completion 75,372,500

2 Single trip multi-zone frac pack 26,531,120

3 Acid tunneling in RA-007T 7,472,645

4 Seabed Siesmic 1,200,000

5 NK-SCADA re-activation 5,730,000

6 Data Digitization for 200 wells 14,546,044

4


Managed the Performance, across Technology Value-

Chain, through Balanced Scorecard, Monthly Reports on

meeting Strategy and Quarterly Performance Reviews

Business Challenges

Technology Roadmap

Identify Solution

Contract Pilot Fullscale

4


Working on the idea of a Performance Dashboard for the

New Technology Company

4






its business plans.






• Helped KPC develop the Technology Roadmap guidelines for the oil sector. Also advised Upstream PMO in preparing the Upstream Technology Roadmap based on the requirements and strategic objectives of various oil fields and business units.



strategy.

• Led various process improvement initiatives.









1

2

3

4

5

6






its business plans.






• Helped KPC develop the Technology Roadmap guidelines for the oil sector. Also advised Upstream PMO in preparing the Upstream Technology Roadmap based on the requirements and strategic objectives of various oil fields and business units.



strategy.


Sigma.









1

2

3

4

5

6


Developed process and system to align individual KPIs

with Business Unit strategic objectives

• Identify KPIs

• Measure performance

• Identify & provide

development

• Reward

6


THANK YOU

farrukh_sohail_portfolio

Documents

oil gas technology

transformation business

oil industryachieving

unconventional oil

business units

oil gas sector

upstream technology

approved business plans