People: Hibiscus Petroleum Bhd (HIBI.KL)
Dr. Kenneth Gerard Pereira is Managing Director and Executive Director of Hibiscus Petroleum Bhd since September 13, 2010. He holds a Bachelor of Science (Honours) degree in Engineering from the University of Bath, United Kingdom; a Masters in Business Administration from Cranfield Institute of Technology (Cranfield University), United Kingdom; and a Doctorate in Business Administration from the University of South Australia, Australia. His doctorate research topic was entitled “Start-up, Survival and Growth Strategic Actions of Initially Small Oil and Gas Exploration and Production Companies”. Dr. Kenneth has 24 years’ experience in the oil and gas industry, both in the services, and exploration and production sectors. He began his career with Schlumberger Overseas S.A in 1983 as a Field Service Engineer working in Brunei, Thailand, France, Libya, Italy, Norway and Tunisia. In 1990, he joined the Sapura Group, overseeing the service of telecommunication products and later, moved to the Group Corporate Planning Department. In 1997, he was appointed as Vice President of Energy Sector Projects and initiated the building of the oil and gas services business of the company under the Sapura Energy Sendirian Berhad (Sapura Energy) banner. Between 1997 and 2001, several service based businesses in the oil and gas value chain were grown organically or acquired and by 2001, the annual revenue of the oil and gas service business of the Sapura Group was in excess of RM100 million. In 2003, the Sapura Group acquired Crest Petroleum Berhad (Crest Petroleum) and he became the Chief Operating Officer (COO) of SapuraCrest Petroleum Bhd, an oil and gas services public company listed on the Main Board of Bursa Malaysia Securities Berhad.
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