Alastair McBain


Alastair McBain

Non-Executive Chairman, Age 63

Mr McBain was appointed as a Non-Executive Director in January 2021. He has over 37 years’ experience in the International Oil and Gas Industry. He spent the first 17 years of his career at Royal Dutch Shell in numerous senior international commercial positions including assignments in Singapore, Dubai, China and Venezuela. He joined the Vitol group in 1995 to head up the growth of the group’s portfolio of upstream assets and became CEO of Arawak Energy in 2002. Alastair grew the company from an initial $20M valuation with zero production to a $0.5Bn company producing 12,000 boepd from assets in Kazakhstan and Russia. He also oversaw the migration of the company from a junior listing on the Toronto exchange to a full listing on the London Stock Exchange. Following the sale of Arawak’s producing assets, he worked with Vitol in a variety of senior positions including board Chairman of GeoAlliance, one of Ukraine’s leading producers of gas liquids. He left Vitol in early 2020 to form Sarum Energy, a company which, through its Dutch subsidiary, owns a 50% interest in Licence 67. He holds an MA in Oriental Studies from the University of Oxford and in addition to his native English, is also a fluent Mandarin speaker