Amr Brekaa
Senior Economist
New Cairo
Summary
Highly motivated and results-oriented Senior Economist with twenty years of extensive experience in the Egyptian Oil and Gas sector, specializing in economic and commercial evaluations, financial modeling, and strategic decision support. Proven track record in upstream fiscal regimes, project evaluation methodologies, and valuation metrics. Adept at leading economic analyses, optimizing financial models, and providing critical insights to senior leadership, including the Egyptian Government, Ministry of Petroleum, and international E&P companies. Seeking to leverage deep industry knowledge and advanced analytical skills in a challenging Senior Economist role.
Overview
20
20
years of professional experience
13
13
years of post-secondary education
1
1
Certification
Work History
Senior Oil Commercial Analyst
ENI (Ieoc)
05.2020 - Current
- Drafted and negotiated SPAs and JMAs for Egyptian oil activities, ensuring compliance and maximizing value.
- Negotiated SPA terms aiming to maximize cash flow from oil sales.
- Conducted comprehensive due diligence for crude oil counterparts and buyers.
- Developed and executed annual lifting plans for crude oil equity, optimizing inventory and sales.
- Managed over/under lifting situations of crude oil equity, ensuring financial accuracy.
- Calculated and reported monthly prices of produced hydrocarbons in Egypt.
- Coordinated with JVs on production, pricing, and shipping logistics.
- Collaborated with local terminals to streamline oil export cargo procedures.
- Partnered with internal departments to ensure achievement of budgeted quarterly and yearly cash flow targets.
Gas Sales Expert
ENI (Ieoc)
07.2019 - 05.2020
- Coordinated negotiation, drafting, and execution of all upstream and commercial agreements, including Production Sharing Agreements (PSCs) and Gas Sales Agreements (GSAs).
- Defined contractual terms for petroleum production sharing agreements and other upstream initiatives across Ieoc departments.
- Managed contractual aspects for Bid Rounds applications and exploration initiatives.
- Identified and supported the economic evaluation of new business development opportunities.
- Led negotiations for new and amended upstream GSAs and SPAs, maximizing value for Ieoc in alignment with Eni strategy and coordinating with JV companies and buyers.
- Ensured and coordinated the application of concession agreement terms and conditions across Ieoc departments.
- Managed comprehensive reporting on contractual/commercial matters, including upstream contracts database, hydrocarbon pricing, entitlements, and identification of risks/opportunities in sales agreements.
- Cultivated and maintained effective communication with key stakeholders including EGPC, EGAS, JV partners, and Ministries.
Executive Commercial Analyst
Petronas (PICL Egypt Co. LTD)
01.2018 - 06.2019
- Executed LNG sales and revenue activities by monitoring invoice issuance in accordance with SPAs.
- Calculated upside sharing for Sellers and Buyers and analyzed opportunities for diversion of LNG cargoes.
- Monitored distributions of sales receivables into Seller’s accounts, ensuring timely and fair distribution.
- Administered LNG sales revenue distribution, optimizing shares to mitigate losses and maximize profitability.
- Strategized and recommended action plans to reconcile export and domestic gas pooling accounts through discussions with Upstream Operators.
Senior Economist
Egyptian Ministry of Petroleum
08.2013 - 12.2017
- Designed and managed the comprehensive subsidy reform financial model for Egyptian hydrocarbons, influencing national energy policy.
- Developed the automatic price amendment mechanism for quarterly adjustments by the Egyptian Cabinet.
- Advised high-level authorities and policymakers on proposed strategies and pricing scenarios for the subsidy reform plan.
- Conducted economic and financial impact analysis of petroleum price movements, reporting findings to key Ministers (Petroleum, Supply & Internal Trade, Finance).
- Monitored and analyzed both upstream and downstream oil and gas activities across Egypt.
- Provided oil price forecasts through in-depth technical analysis of international hydrocarbon markets.
- Contributed to the Modernization Program as a communication team member, co-designing the communication strategy.
Senior Economist
Egyptian Holding Co. For Natural Gas (EGAS)
07.2005 - 08.2013
- Conducted comprehensive financial and feasibility studies for upstream and downstream natural gas activities.
- Reviewed and analyzed concessions, fiscal regimes, and contractual terms.
- Performed in-depth financial and economic analysis of current and proposed projects.
- Formulated pricing strategies for Natural Gas Sales Agreements.
- Evaluated Bid Round offers, including running Production Sharing Contract (PSC) economics for exploration blocks.
- Developed and applied financial and economic models, including cash flow analysis for exploration and development activities.
- Issued LNG sales invoices and processed/analyzed payments and cash flow.
- Calculated LNG Distribution Shares for Co-Sellers and monitored cost recovery accounts.
- Reported to management on monthly/quarterly basis on all LNG sales activities.
Education
Master of Business Administration - Investment
Arab Academy For Science And Technology
04.2001 - 06.2014
B.Sc. in Commerce - Accounting
Ain Shams University – Commerce College
International English Language Testing System - undefined
Skills
- Economic Modeling
- Financial Modeling
- Financial Analysis
- Agreements and Contracts Drafting
- Commercial Drafting
- Schlumberger - Merak PEEP
- MS Office
- Advanced Excel
- PowerPoint
Certification
International English Language Testing System (IELTS), Overall score 7
Professional Development
- GasTech Conference and Exhibition (Barcelona 2018)
- RDPetro Conference and Exhibition (Abu Dhabi 2018)
- MOC (MOP - Alexandria 2018)
- EGYPS (MOP - Cairo 2017, 2018)
- Prices Directions Forecast Seminar (Thomason Reuters - Dubai 2016)
- MENA Subsidy reform challenges (World Bank - Jordan 2014)
- GECF annual workshop (MOP representative - Qatar 2014)
- MERAK PEEP – User Course (Schlumberger – Milan 2010)
- Marine CNG Transport & Development (London 2009)
- Arab Pipe Line annual work shop (EGAS Representative - Syria 2006)
Timeline
Senior Oil Commercial Analyst
ENI (Ieoc)
05.2020 - Current
Gas Sales Expert
ENI (Ieoc)
07.2019 - 05.2020
Executive Commercial Analyst
Petronas (PICL Egypt Co. LTD)
01.2018 - 06.2019
Senior Economist
Egyptian Ministry of Petroleum
08.2013 - 12.2017
Senior Economist
Egyptian Holding Co. For Natural Gas (EGAS)
07.2005 - 08.2013
Master of Business Administration - Investment
Arab Academy For Science And Technology
04.2001 - 06.2014
B.Sc. in Commerce - Accounting
Ain Shams University – Commerce College
International English Language Testing System - undefined
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