• Why
  • Corporate Governance
  • Ethics
  • Diversity
  • Human Rights
  • History
  • Team
  • Careers

Bright people developing their local resources.

We are an agile and lean organization, specialized in mature oil and gas fields operations optimization, workforce development, energy efficiencies, production and reserves enhancement. This is where you can discover our ethos, corporate governance details and our take on ethics, diversity and human rights.


We strive to make a positive impact!

Since 2005, we have kept our same mission and vision but continuously improving our corporate governance as our stakeholders base continue to grow internationally.

Our Vision

Be the worldwide preferred partner of mature oil and gas resources owners to maximise their asset’s potential and reduce their environmental footprint.

Our Mission

We enhance mature Oil & Gas fields to make them safer, greener, more productive and more profitable for longer time.

Corporate Governance

For all XP stakeholders’ peace of mind.

A board of directors regulates the company behaviour, along with timely released financial statements, an internal audit function and information and documents given on a regular basis to our shareholders.

The board is constituted of five directors, of which four represent the shareholders, one is an independent director and three of them are non-executives. They meet at least twice a year and receive monthly a detailed management report. Board meeting information is sent a week before the meeting.

Advice is addresed to the management in the development of strategic priorities and plans that align with the mission of the organization and the best interests of stakeholders, priorities that have an appropriate short-, mid- and long-range focus. The directors also actively monitor management’s execution of approved strategic plans, as well as the transparency and adequacy of internal and external communication of strategic plans.

The BOD reviews and approves company strategy, annual operating plans and financial plans. It also monitors management execution against established budgets as well as alignment with strategic objectives of the organization.

The directors also set the ethical tenor for the company, while management adopts and implements policies and procedures designed to promote both legal compliance and appropriate standards of honesty, integrity and ethics throughout the organization.

They understand and appropriately monitor the company’s strategic, operational, financial and compliance risk exposures, and collaborate with management in setting risk appetite, tolerances and alignment with strategic priorities.

XP prepares and presents all financial statements and reporting in accordance with IFRS. Our financial statements are audited in accordance with International Standards on Auditing. We comply with all disclosure requirements under applicable law, regulations and listing rules (fair disclosure).

Shareholders are provided with information and documentation upon their request and as specified by applicable law. We also have an internal audit function.


Doing the right thing and being fair, Always!

Equal opportunities, transparency and mutual respect for all individuals.

Expert Petroleum has a significant workforce, the company takes all measures to ensure that employees work in a supportive environment, focusing on safe working conditions and aiming for fair treatment.

There are a number of internal procedures and regulations dealing with different aspects of the social field and they present in detail processes such as staff recruitment, training, rights and obligations, work conduct and other relevant aspects of working in a social environment. The Internal Regulation and the Collective Bargaining Agreement (CBA) are conceived in accordance with the legislation in force. Their aim, to create a work environment focused on equal opportunities and mutual respect, as well as promoting transparency, where anyone can express their ideas freely without fear of reprisal.

Being a responsible organization, Expert Petroleum is concerned with the wellbeing of its employees and has taken all necessary measures to protect their health and safety, including the prevention and mitigation of professional risks.

In return, employees comply with these measures and are being encouraged to inform the management of any proposal of improvement considered necessary.


Our differences are a strength!

Diversity is good business as it generates creativity and innovation.

Expert Petroleum is committed to making sure that diversity and equal rights for all employees are respected. We are bound to foster the professional growth of women and minorities and monitor and report our progress in this matter on our annual sustainability report.

Human Rights

Back to basics.

Expert Petroleum applies all suitable best practices in the human resources area, ensuring a safe, healthy and regulated work environment.

We offer the employees a comprehensive package of benefits as stipulated in the CBA (Collective Bargaining Agreement). Moreover, we maintain a permanent social dialogue with the representative trade union and with individuals.

Our HR representatives have meetings and exchange experiences with similar oil and gas organizations, as well as with HR professionals from CIPD (Continuous Improvement Professional Development). Thus, they get continuous updates on common best practice and ensure relevant benchmarking.

The principle of equal opportunities and fair treatment is applied to all employees, and therefore no form of discrimination does exist, whether direct or indirect, based on sex, sexual orientation, genetic characteristics, age, membership nationality, race, ethnicity, religion, political option, social origin, handicap, situation or material responsibility, membership or trade union activity.

It is the responsibility of managers at all levels to have firm measures to ensure discipline within their sector, in compliance with the law and the employer’s decisions. No human rights violations, discrimination on any criteria, or sexual harassment have been reported so far, but we will continue to raise awareness and educate staff about these issues and their potential consequences in order to avoid such situations.


Already More than 12 million working hours focused on production enhancement. We’ve been around for a while.

The founding of Expert Petroleum and the steps taken for growth, since 2005:


The beginnings of Expert Petroleum

Expert Petroleum was founded by two Schlumberger managers, Michel Louboutin and David Martinon. Their aim: to grow, extend and improve on the success of the Production Enhancement Contract they implemented with Romgaz in Romania.


Aquisition of eigth Relinquished fields

To build credential we decided to acquire first eight relinquished assets in Romania and with the financial support of private equity (Lime Rock  Partners) to appraise and redevelop these assets.  In 2010 we signed our first Production Enhancement Contract with MOL for the Sarkadkersztur gas field in Hungary.


PEC Timiș awarded by OMV Petrom

In 2012, XP has been awarded by OMV Petrom,  a large  Production Enhancement Service Contract for 15 years for all the  mature oil and gas fields in the Timisoara area in Romania (13 fields in total with more than 150 active wells).


Lime Rock Partners exit

In 2013 the founders and GMS Holdings bought back Lime Rock Partners shares. The company is since then fully owned by the management and related parties.


Acquisition of Petrofac Romanian entity

Three years later, in 2016, we acquired Petrofac’s Production Enhancement Contract with OMV Petrom. The PEC has a 15 years span and produces from seven mature oil and gas fields in Craiova county, Romania.


New International Ventures

We are now extending our footprint to Ukraine, India, Angola, Kazakhstan and North Africa.


One thousand women and men who every day strive to have a positive impact on their community.

Meet the board of directors and the management team. Their unique personnel management capabilities are a real competitive advantage, in the way that they support, train and empower the local organisation towards production enhancement initiatives.  

Board of

  • Ghiath SUKHTIAN


    Ghiath M. Sukhtian is a leading entrepreneur who has been working in the MENA region’s telecommunications, pharmaceuticals and agricultural sectors for the past 48 years. He is a board member of Astra Industrial Group (AIG – Saudi Arabia), Palestine Telecommunications (Palestine), VTEL Holdings (Dubai), Ogier Electronics (UK), United Pharmaceutical Manufacturing Company (Jordan). He is Chairman & founder of MSPharma, Agri Sciences Izmir Turkey, as well as several other leading regional companies. Mr. Sukhtian is a member of the World President’s Organization (WPO), and serves on several non-profit boards including Georgetown University’s Center for Contemporary Arab Studies as well as Microfund for Women where he is Chairman. He has completed his studies at the American University of Beirut-Lebanon and University of Houston/Texas in Economics.


    Independent Director

    Expert Petroleum welcomes Jean Chevallier as an independent director of the company. During his diverse 38-years career with Schlumberger, Jean has held a variety of senior management and engineering positions in Schlumberger’s Oilfield Services Drilling business, and regional management positions with the Well Testing business unit. He was also Vice President Industry Affairs, the first Chief Information Officer at Schlumberger and President of Omnes a joint venture with Cable & Wireless. Jean retired from Schlumberger in 2009 and co-founded IDO, an NGO which is helping rural communities in less developed countries build sustainable drinking water supply systems. Jean holds an engineering degree from ENSTA in Paris.

  • Faisal SUKHTIAN


    Faisal Sukhtian is the Executive Director at GMS Holdings. In addition to managing the operations of GMS Holdings, Faisal oversees a number of investments within the GMS Holdings portfolio and serves as a director on the company’s board. Prior to joining GMS Holdings, Faisal worked at JP Morgan’s investment bank in New York where he worked on a number of M&A, debt and equity transactions serving clients in the industrials and transportation sector. Faisal holds a Bachelors of Science in International Economics from Georgetown University’s School of Foreign Service and an MBA from Columbia Business School.

  • David MARTINON


    Before co-founding Expert Petroleum in 2006. David spent all of his career in Schlumberger where he started as a Well testing Field Engineer in South East Asia up to the position of Manager Mergers and Acquisitions at Schlumberger Limited in Paris. David has been involved in various production enhancement projects in particular in Indonesia. He has a broad understanding of the Oil & Gas industry from operational and strategic perspectives. He holds an engineering degree from INSA, France and an MBA from INSEAD.

  • Michel LOUBOUTIN


    Before co-founding Expert Petroleum in 2006, Michel spent 24 years with Schlumberger. He has broad experience in production, development and mature asset management. He managed two large integrated production enhancement projects in Norway and Venezuela, and was distinguished for initiating and managing one of the largest and most successful production enhancement contract in Romania with Romgaz S.A for the Laslau Mare gas field in 2003. Michel has worked 17 years in Romania and the region. He was elected Oil Man of the Year in 2011 by the Romanian Petroleum Club, and was the President of ROPEPCA (Romanian Petroleum Exploration and Production Companies Association) between 2015 and 2016. He hold a Master Degree in Petroleum Engineering from Heriot Watt University, and a Master in Project Management.



  • Florian GROSU

    Assets Director

    Florian has 28 years of O&G international experience. He has a strong background in geology, petrophysics, geophysics and reservoir engineering including considerable experience in the rehabilitation of mature fields in Romania. Florian worked 21 years for OMV/Petrom in Romania and in Kazkhstan in various technical and management position. Then he joined Schlumberger for the production enhancement project of the Hassi Messaoud giant oil field in Algeria. There he was responsible for the R2T (Reservoir to Tank) team, which covered all activities from reservoir, drilling and production to transportation. He worked as lead geologist for the development phase of the giant gas-condensate field Karachaganak from Kazakhstan. In 2010 he joined Expert Petroleum in Romania. There he was responsible for the R2T (Reservoir to Tank) team, which covered all activities from reservoir, drilling and production to transportation. He worked as lead geologist for the development phase of the giant gas-condensate field Karachaganak from Kazakhstan. In 2010 he joined Expert Petroleum in Romania. Florian graduated the Executive Master Program from ESCP Europe.

  • Lavinia PREDESCU


    Lavinia previously worked for KPMG Romania where she started as Audit Assistant up to the position of Audit Manager. She is a member of ACCA and CAFR, she holds a master degree in Financial and Stock Exchange Management (ASE) and a master in management from ESC Paris.

  • Daniela BRICEAG

    HR Manager

    Senior HR Professional with more than 15 year experience in building and optimizing organizational processes for maximizing the business results. As an HR consultant, she has been involved in various M&A and privatization projects by implementing key actions that ensured full people support thus making the difference for success. Before joining Expert Petroleum team in January 2013, Daniela worked for a number of big international organizations such as KPMG and ABN AMRO Bank. Daniela has master degree in Applied Electronics, an MBA from University of Bristol and she is an active member of CIPD (Certified Institute of Professional Development).

  • Ciprian RUS

    QHSE Manager

    Ciprian has a law degree from Tibiscus University, Timisoara. Ciprian has more than 10 years of QHSE experience first with Schlumberger for a large gas field production enhancement project in Romania, then with Expert Petroleum for the last 4 years. Ciprian leadership in QHSE has been demonstrated by the excellent QHSE track record of the company and its various ISO certification.

  • Cristian ITU

    Business Services Manager

    Cristian has over 18 years of experience in Business Advisory and Auditing, Project Management, Business Process Improvement, IT Governance and ERP systems implementation. Before joining our team, Cristian worked for 12 years in KPMG Romania – Management Consulting. Within Expert Petroleum, Cristian coordinates the Internal Audit, he is also in-charge with IT Governance and Process Improvement. Cristian is Project Management Professional (PMP), Certified Chartered Accountant (ACCA), Certified Information System Auditor (CISA), Certified in the Governance of Enterprise IT (CGEIT) and has M.Sc. in Financial Analysis.

  • Alex ȘERBAN

    Subsurface New Ventures Manager

    Alex is a geoscientist with 15 years of O&G international experience. He has a background in geology and geophysics and has worked on various projects from from appraisal stage, to field development and mature asset rehabilitation. Before joining Expert Petroleum in 2013 he spent 8 years working for Schlumberger as a consulting geologist in various projects/environments from Romania, North Africa and Gulf of Mexico area. Alex holds a B.Sc. degree in geophysics and a M.Sc. degree in geology from University from Bucharest.

  • Claudiu VIRDARIE

    Production Enhancement Technologies Manager

    Has a proven production technology / engineering background in the upstream oil & gas industry with at least 12 years of experience. Starting in offshore drilling and later one in Schlumberger as production technologist in gas field redevelopment project. Provides production technology solutions to oil and gas projects, delivering standard and functional well and completion design that account for the entire oil and gas field time, develop proposals and implement new technologies for artificial lift, stimulations, rig less interventions, production chemistry and sand control solutions.


    PEC Țicleni Subsurface Manager

    Before joining Expert Petroleum Vlad worked over 10 years as technical advisor for Landmark Halliburton and reservoir engineer at RFD Oil and Gas. Experience in production enhancement in brown fields, reservoir studies and reservoir management. In charge of production increasing thru new wells, work over and well reactivation candidates.

  • Cătălin CORDONAȘU

    PEC Timiș Subsurface Manager

    Catalin has over 12 year experience as reservoir engineer, within OMV-Petrom Romania, RFD Oil & Gas, Amromco Energy and Expert Petroleum Romania. Experience in all aspects of reservoir engineering including production enhancement in brown fields, reservoir studies and reservoir management. Involved in well performance analysis and reservoir opportunities analysis (well stimulation, infill drilling, sand control).

  • Octavian VASILE

    Commercial Manager

    Certified procurement professional (CPP), Certified QA/QC professional and EU Public Procurement Professional, Octavian has more than 14 years of experience in Business Support area covering quality, purchasing and commercial side. Commercial and Procurement Manager experienced with a good knowledge of E&P in O&G Industry and strong leadership skills he coordinated during the time complex teams covering all Supply Chain and Commercial Area in domestic and international projects implementing and applying global procurement and commercial best practice with proved results. He is member of APICS since 2012. With a proactive attitude he is always open for new challenges in his professional life.

  • Manuel MANOLE

    Țicleni Operations Manager

    Manuel has 25 years of O&G experience in particular as head of operations for petroleum activities (drilling, completion, heavy workover, special operations, production wells and O&G sales) for mature assets in Romania and some O&G fields in South Sudan. Before Expert Petroleum, Manuel worked for Petrom as well as international Oil and Gas companies.

  • Emil BURLACU

    Timiș Operations Manager

    Experienced Productions and Operations Manager with a demonstrated history of working in the Oil & Gas industry. Skilled in Negotiation, Petroleum, Budgeting, Operations Management, and Management. Strong operations professional with an Engineer’s Degree focused in Oil&Gas University Ploiesti Romania. With 10 years of diverse experience onshore oil & gas fields within Petrom and Petrofac mostly in technical leading positions: Production Engineer, WO/WI Supervisor, Sector Chief, Production Management, Asset Performance Optimization. Studied and implemented number of new technologies to improve operations efficiency, optimize oil&gas production with minimum investment and maximize asset value. Implemented an intensive production enhancement programme; production optimization, well re-activation, workover, water injection project and drill new wells. Assessed and managed mature fields for production enhancement and production sharing contracts.

  • Anton TOKAREV

    Business Development Advisor

    Anton is an experienced strategist with background in oil and gas and management consulting. Before joining our team Anton served as Head of Strategy in Ukrainian largest oil and gas company (UGV) and was responsible for developing strategy and transformation of the company. He also worked as management consultant in Boston Consulting Group (BCG) and KPMG. His experience covers wide variety of business areas, such as strategy, operational excellence, turnarounds, financial management, investments, Lean, PMO and other for largest industrial companies across a world.

  • Victoria SERGEEVA

    Ukraine Deputy Country Manager

    Victoria is external affairs, business development and international trade professional skilled in communications, negotiations, contracts, due diligence, international financing, international trade, market promotion, management of targeted projects and ad-hoc teams. She counseled Black Sea Oil & Gas SRL, worked for 8 years for DEA Deutsche Erdoel AG as deputy director in Ukraine, before for Marathon Oil as GR manager in Ukraine, for U.S. Embassy in Ukraine as commercial specialist handling the energy sector. Victoria holds a degree in computer system engineering from National Technical University “Kyiv Polytechnic Institute”, Ukraine, and a professional diploma in management from The Open University, Milton Keynes, UK.



Do you want to change the way oil and gas are being produced? Consider coming aboard.