Raoul Restucci
,Managing Director,Petroleum Development Oman
Raoul Restucci, PDO’s managing director, has come a long way from his days as an undergraduate at Nottingham University. The former Shell executive is now tasked to not only effectively manage a national oil company in a country still heavily dependent on oil to run its economy, but to support the drive for in-country value.
If this was a list looking at effective CSR initiatives, then Restucci would be in with a shout for the top gong. In the past year, Omani firms have secured deals worth hundreds of millions of dollars to support PDO’s oilfield operations.
Restucci fought off stiff competition to climb to fourth in our rankings but his management of a firm that is not afraid to try something pioneering has given him the edge.
PDO’s innovative Miraah solar plant at the Amal oilfield to assist enhanced oil recovery is a case in point. Recently, Restucci has also been quoted as saying PDO could even rebrand as an energy company as it seeks to embrace the use of renewables.