Women in the O&G industry: an example

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Presentation transcript:

Women in the O&G industry: an example Barbara Lak Development Manager MENA Shell Upstream International

Biography – 25 years in Shell Masters in Geophysics - joined Shell in 1987 UK – Aberdeen - Wellsite Petroleum Engineer Gabon – Rabi Geologist Holland – Research – Seismic interpretation & static modeling Norway – Quantitative Seismic Interpreter Norway – Head of Planning & Economics Holland – Head of Global Exploration Strategy & Planning Russia – Moscow – Salym Board Director Nigeria – Port Harcourt – Portfolio Manager Nigeria – Lagos – Commercial & Economics Services Manager UAE – Dubai – MENA Development Manager & Chief Petroleum Engineer

Achievements Multiple Fields QI & Economics Salym Field 1 4 7 8 6 3 Drilling Single Wells MENA Region Development Manager & Chief Petroleum Engineer Global Exploration Strategy & Planning Country Portfolio & Commercial Salym Field New venture to 1st Oil Modeling & Seismic R&D Multiple Fields QI & Economics Geologist Rabi Field 2 5 Achievements Widened my scope and view: from single well to field to country portfolio to regional porfolio Doubled recoverable volumes from Rabi by proposing aggressive appraisal Took Salym field from the negotiating table to creating a new Venture to setting up the Venture with over 600 employees and producing oil and gas. Coached and recruited junior staff – saw them grow in the Company

female male Business Imperatives: Women in the Business There’s an additional bonus to having a diverse workforce. I believe a team of employees cutting across multiple dimensions of diversity ultimately yield better solutions to problems. Just look at the examples on the slide on women leaders. A recent issue of the Harvard Business Review highlights a study that showed the collective intelligence of mixed-gender groups does not depend on the IQs of its individual members. It depends on the percentage of women in the group. Groups with more women tended to have above-average scores on problem-solving assignments; teams with more men tended have below-average scores. The best scores, however, were achieve by groups around the 50-50 mix of genders. The latest McKinsey Global Survey results shows that the kinds of leadership behaviour that executives say will help their companies through turbulent times, such as inspiring others and defining expectations and rewards. And these kinds of leadership behaviour are the ones most used by women. So that’s all good news for us women leaders.

Business Imperatives: Diversity is a strategy for winning “I strongly believe that Diversity & Inclusion is a strategy for winning and directly supports our ambition to be the world’s most competitive and innovative energy company. It’s about unleashing talent and matching it to business success. It’s an important part of who we are and what we stand for and a necessity for our sustainable growth.” Peter Voser, Chief Executive FLOATING LNG FACILITY