Chairperson & CEO
Sara Akbar has over 37 years of experience in the oil and gas industry and is currently the Chairperson and CEO of OiLSERV, Kuwait and Iraq; part of the OiLSERV Group, an indigenious oilfield services company operating in the MENA region. Furthermore, Sara serves as a Non-Executive Director of Petrofac since January 2018.
Sara has been the Chairperson of Advisory Board to the American Univesity of Kuwait (AUK) College of Business & Economics (CBE) since 2016.
In the past, Sara served as Director on various Kuwaiti companies and industry Societies including the Society of Petroleum Engineers ( SPE), Kuwait Society of Engineers ( KSE), Kuwait Gulf Oil Company (KGOC) and Kuwait Drilling Company (KDC) Association of International Petroleum Negotiators (AIPN).
Sara held various senior positions at both government and private oil and gas entities. She started her career in 1981 working for Kuwait Oil Company (KOC) and then at Kuwait Foreign Petroleum Exploration Company (KUFPEC) where her roles included the Head of the Planning unit and the Manager of New Business Development.
In 2005, Sara co-founded Kuwait Energy, the first MENA-based private independent oil & gas exploration & production company. Up until December 2017, she served as the Chief Executive Officer (CEO) and Deputy Chairman.
Between 2017 and 2021 , in addition to her roles in the oil and gas industry, Sara was a member of the Kuwait Supreme Council for Planning and Development and also an active member of the Board of Trustees of Kuwait’s Silk Territory project.
Sara received many acclaims for her key role in Kuwait’s Wild Well Killers fire-fighting team which was repsonsbile for extinguishing Kuwait’s oil well fires post the Iraqi invasion in 1991. The heroic act earned Sara the designation of ‘Firefighter’ and a ‘Global 500 Award’ presented by the United Nation’s Environmental Program. She was also awarded the presitigous ‘Leader in Energy’ award at the Women in Leadership Awards & Forum in 2009 recognising her as the first and only woman leader in the Oil and Gas industry in the Middle East. In 2013, she received the AIME Charles F. Rand Memorial Gold Medal. Sara was named among the top 100 Most Powerful Arab Businesswomen of 2017 by Forbes Middle East. In September 2018 , she received the Hall of Fame award recognizing her as pioneer in Oil and Gas industry.
Sara received her Bachelor’s of Science in Chemical Engineering from Kuwait University and has amassed, throughout the years, a wealth of knowledge and expierence in leadership, strategic planning and development, portfolio management and strategic relationships worldwide.