Herminio Passalacqua, Ph.D.

Technology Management, Non-Conventional Geophysics and Field Development Advisor

+1-281-***-****; aduakx@r.postjobfree.com

linkedin.com/in/herminio-passalacqua-ph-d-13560a14 Herminio Passalacqua, Ph.D.

Technology Management • Field Development • Non-Conventional Geophysics Dr. Herminio Passalacqua is an executive manager who has developed his extensive experience, in Venezuela, USA, and the Middle East, with a solid trail of success for the design, piloting, and implementation of geosciences projects, focusing in the implementation of new technologies. His expertise spans from projects for the oil and gas, the mining sector to hydrogeology, and environmental, for PDVSA, INTEVEP, Kuwait Oil Company, and MEOFS. He also has a solid academic experience, as faculty of universities in Venezuela (Universidad Central de Venezuela, Universidad Simon Bolivar); USA (Colorado School of Mines), and Kuwait (Australian College of Kuwait, Kuwait University).

TECHNICAL PROFILE

• Expert in the valorisation, piloting, and implementation of Technology Projects.

• Consultancy experience in assessing corporate capabilities for personnel and technology enhancement, ranking of projects portfolio, services agreements, and networking profile requirements to accomplish corporate strategic plans

• Able to promote, market and sell geological ideas, studies, and services to technical and non- technical audiences.

• Definition, Planning, and Management of Projects of Exploration and Field Development.

• Leader of large Multidisciplinary Teams.

• Proven experience developing strategic ideas for new concepts, projects, etc.

PERSONAL PROFILE

• Demonstrated academic and professional abilities and results in geosciences, technology management and technology implementation for the oil industry

• Excellent analytical skills

• Natural leader, innovative, entrepreneurial approach to problem solving

• Passionate about reaching excellence in all phases of projects

• Skilled at team building and able to gain the best from people through a natural leadership operating style, irrespective of structure or status. Places special interest and commitment to the improvement of relationships to enhance team productivity

• Proven ability to synthesize facts and information translating them into insights and perspectives to assist top management’s decision-making

• Strong cross functional leadership with excellent track record of collaboration

• Proven ability to work effectively with multiple levels of management within one BU and across BUs

• Recognize and manage the interrelationship of individual and organizational excellence, and their contribution to leadership

• Experience in managing multiple projects and delivering the goals previously set

• Excellent mentoring skills

OTHER PROFESSIONAL SKILLS AND TECHNICAL BACKGROUND

• Project Management best practices implementation

• Solid experience in the industrial academia consortia development, assessment, and follow- up

• Strong understanding of project economics and financial management

• High ability to identify and prioritize key strategic issues for geosciences projects implementation

Herminio Passalacqua, Ph.D.

Technology Management, Non-Conventional Geophysics and Field Development Advisor

+1-281-***-****; aduakx@r.postjobfree.com

linkedin.com/in/herminio-passalacqua-ph-d-13560a14

• Risk analysis systems, workflows, and implementation in corporate guidelines for E&P departments

• Potential field studies for natural resources and engineering

• Electromagnetic studies for natural resources, mineral properties, and engineering evaluations

SELECTED ACHIEVEMENTS

• Founder and President of Red Tree Consulting, a boutique-consulting firm advancing edge- technology in CSEM, TDEM, and Potential Fields (Gravimetry and Magnetometry) for CCS and CO2 injection monitoring. Additionally, Advancing consultancy in Sustainability for OSU, GeoPark, and Canacol (oil and gas operators in Latin America).

• Responsible for preparing the Strategic Vision and Implementation Strategy for launching the new R&D Company of the Kuwait Oil Sector.

• Created a new technology strategic model for the technology management in Kuwait Oil Company (KOC); shifting it from ‘push’ to ‘pull’ and implementing new workflows for the preparation of the technology portfolio.

• Created "Technology Roadmaps’ for all KOC assets, aimed to enable the production goal of 4 million barrels of oil per day.

• Program Manager of the integrated basin models for the re-certification of the reserves of the largest accumulation of oil: the "Faja Petrolifera del Orinoco" (Heavy Oil Orinoco Belt).

• Responsible for the direction of more than 40 research projects with a multimillion budget.

• Developed the first-ever integrated subsurface models for the eastern and western basins of Venezuela. This included the acquisition, processing, and interpretation of Seismic, Gravimetry, Magnetometry and EM data, with the first MT deep profile across the Andes Mountains, which was key in enhancing the understanding of the oil migration and trapping mechanisms, triggering a new vision that boosted reserves estimations at national scale. This is the main reference study for the region to date.

• One of the pioneers of applied research implementation projects and developments for electromagnetics for oil exploration at a worldwide scale. Responsible for developing the concept of DHI for EM Methods.

PROFESSIONAL EXPERIENCE

Red Tree Consulting LLC, Founder & Managing Director November 2020 to Present Red Tree is a Consulting firm aimed to provide specialized consulting services for the Oil and Gas industry, with specific interest in technology management and talent development. Australian College of Kuwait Mar 2016 to October 2020 Associate Professor of Industrial Practice, Petroleum Engineering Department

• Responsible for delivering subjects pertinent to Petroleum Engineering Industry Practice.

• Leading ACK Committees charged with reformulating Petroleum Engineering syllabi, to be launched in 2021.

Middle East Oil Field Services (MEOFS) April 2014 to February 2016 Leading Business Development strategy for the Kuwait consulting company MEOFS, attaining several contracts with emerging companies offering new technological solutions in niche-technology fronts. Kuwait Oil Company Feb 2006 to Mar 2014

Kuwait Oil Company (KOC) is the world's fourth-largest oil exporter. A subsidiary of the Kuwait Petroleum Corporation (KPC), the NOC of Kuwait.

Consultant, Heavy Oil Development Group Jan 2013 to Mar 2014

• Responsible for establishing the key strategies and plans for the geophysical support required for the development of the Ratqa heavy oil field; the first phase of the production contract, worth in excess of KD1.2bn ($4.3bn).

Herminio Passalacqua, Ph.D.

Technology Management, Non-Conventional Geophysics and Field Development Advisor

+1-281-***-****; aduakx@r.postjobfree.com

linkedin.com/in/herminio-passalacqua-ph-d-13560a14 Consultant, Research and Development Company, KPC Apr 2012 to Dec 2012

• Responsible for preparing the Strategic Vision and Implementation Strategy for launching the new R&D Company of the State of Kuwait relating to all upstream and downstream sectors of the Oil and Gas industry; including the preparation of a Technology Road map encompassing both basic and applied research.

Consultant, Research and Technology Group (R&T) Feb 2006 to Mar 2012 Advisor of the Executive Group, Managers and Team Leaders on technology management. Actively engaged in the leadership of the KOC R&T, reported directly to the Group Head.

• Corporate Advisory Role for R&T Strategic Growth and Deployment, as Member of the Technology Working Committee for the KPC Transformation Project.

• Main Consultant of the Working Team responsible for the preparation of the 2030 Technology Strategy for KPC and Subsidiaries.

• Provider of leadership, and a coherent vision for research.

• Responsible for the introduction of new processes, techniques, and optimization of current workflows for the Technology Planning and Management of KOC.

• Implementation of strategies for achieving the corporation KPIs for research.

• Preparation of 5-year Technology Roadmaps for all Assets.

• Mentoring and Coaching of R&T Leadership: Coached and guided the R&T Manager and Team Leaders in technology management. Preparation of the Research and Technological project portfolio. Representation of KOC Technology Group in international conferences and consortia.

TRX Consulting, Technical Director/Geophysics Advisor Jan 2003 to Dec 2005 Provide professional consulting in all scientific, technological, and engineering aspects for geophysical service projects of mineral and geotechnical evaluation. PDVSA, Petróleos de Venezuela – Exploration 1998-2002 PDVSA Petroleos de Venezuela, S.A, PDVSA Exploration, Executive Manager, Prospects Evaluation and Assessment 1998-2002

• Established the implementation strategies for transferring exploratory plays to Production Operations.

• Responsible of several Delineation and Development Projects, strategic in terms of sustainable production for the Eastern and Western Venezuelan traditional basins. Responsible for all aspects of these studies and transition to production, including drilling of development wells, seismic and geophysical programs, subsurface static and dynamic models, surface facilities, and economical evaluations. PDVSA, Petróleos de Venezuela – INTEVEP 1983-1998

PDVSA Petróleos de Venezuela, S.A., INTEVEP, S.A. Research Center for PDVSA, Business Manager, Exploration Business Unit 1996-1998

• Responsible to provide a coherent vision for the investigation of new ideas and concepts in the area of Exploration and Production, with a clear vision for the future, designing strategic plans capable of fulfilling the planned growth.

• Led basin analysis studies and projects for all the major basins in Venezuela, with multidisciplinary teams of more than 40 specialists, and 14 consulting firms and contractors. The projects encompassed operations, drilling, modelling, piloting of new technologies, Herminio Passalacqua, Ph.D.

Technology Management, Non-Conventional Geophysics and Field Development Advisor

+1-281-***-****; aduakx@r.postjobfree.com

linkedin.com/in/herminio-passalacqua-ph-d-13560a14 which transformed the concepts and assumptions valid till that moment in Venezuela for the oil-generation history framework and boosting reserves estimations at national scale. Department Head, Technical Systems Development & Support, Computing Division 1996 Program Manager, Methods & Integrated Basin Analysis, Exploration & Production 1990-1996 Unit Head, Non-Conventional Geophysical Techniques, Oil Expl. & Production 1983-1990

• Pioneered the research for the application of applied Electromagnetic Geophysical Methods for O&G Exploration and Reservoir Characterization across the Oil & Gas industry; formulating theoretical grounds for the current activities in this topic, developing R&D equipment to successfully validate these methods in Venezuela.

• Developed software for data processing and interpretation of potential field methods. Creation of a national data base for potential methods. ACADEMIC EXPERIENCE

• Australian College of Kuwait (Kuwait) 2016-Oct 2020 Petroleum Dept., Full Time Associate Professor

• Kuwait University (Kuwait) 2011-2012

Petroleum Dept., Part time Associate Professor

• Colorado School of Mines (USA) Jan-Dec 1995

Invited Scientist, Geophysics Dept., co-teaching “Integrated Interpretation”, Graduate level

• Universidad Central de Venezuela 1973-2005

Geophysics Dept., Part Time Associate Professor

• Simón Bolívar University (Venezuela) 1982-1998

Geophysics Dept., Part Time Associate Professor

• Simón Bolívar University (Venezuela) 1980-1982

Geophysics Dept., Full Time Associate Professor, Developed the Geophysics curriculum EDUCATION

• Colorado School of Mines, USA, PhD., Geophysical Engineering, 1976-80

• Universidad Central de Venezuela, Venezuela, BsC, Geophysical Engineering, 1972-76 PROFESSIONAL ASSOCIATIONS: Active member of SEG, Society of Exploration Geophysicists; EAGE, European Association of Geoscientist and Engineers; SPE, Society of Petroleum Engineers; VAPA, Venezuelan American Petroleum Association; SOVG, Venezuelan Geophysical Society; and CIV, Venezuelan College of Engineering.

ADDITIONAL INFORMATION

• Permanent Resident of the US (Green Card holder)

• Citizenship: Venezuelan and Italian.

• Languages: Spanish, Italian and English

• Publications: more than 80 technical papers published by Professional Societies (List of publications available upon request).

• Professional References available upon request.

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