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Entrepreneurial geoscientist, explorer, business leader and new venture creator with 40+ years broad global operating experience in the global energy exploration and production business. Exploiting deep knowledge of the global petroleum industry to drive the shift to renewable energy, focusing on green hydrogen production and storage at Portland Port in Dorset and Northeast Yorkshire UK. Accomplished strategist and upstream portfolio manager with strong commercial, technical and leadership skills proven through consistent success in start-up, business development, dealmaking and M&A. Created and/or ran successful exploration businesses in Africa, Europe and South America for industry majors and, during the decade prior to UKOG, Africa-centric production and exploration portfolios for three integrated start-up companies. Proven oil finder, having drilled multiple conventional discoveries totalling ~4 billion barrel-of-oil-equivalent, and has played a key role in recognising UK potential. Significant technical and commercial knowledge of the petroleum systems of Pan-Africa, North Sea & Norway, onshore UK & Europe, South America, South Atlantic, Middle East, South East Asia, India, Australia and the United States. Skilled in due diligence and evaluation of asset and corporate portfolios, having evaluated more than forty corporate portfolios since 2006 ranging from $20 million to $7 billion at acquisition. Now constantly committed to securing a sustainable energy future for the UK.
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CeoUk Energy Storage (Uken) Sep 2022 - PresentUK Energy Storage (UKEn) has the mission of ensuring this country’s energy security and, ultimately, Powering Britain.In support of government objectives to achieve Net Zero, and responding to National Grid future energy scenarios, UKEn is working to help drive the UK’s transition to environmentally friendly fuels and British energy independence, developing the UK’s nascent hydrogen economy and future use of new energy storage technology.UKEn emphasises the necessity of strategic infrastructure defined and built to encompass the whole green hydrogen energy chain – production, storage, distribution and use. UKEn is currently developing the Portland Hydrogen hub as the largest-yet salt-cavern hydrogen storage solution to be envisaged for the UK.Salt-cavern storage, a proven technology used successfully in the UK since 1972, is fast becoming a focus for investment and national development around the world. The Portland Port site is strategically located between the South Wales and Southampton industrial hubs and within a deep-water port. Its modular storage facilities will provide around 15% of the UK’s initial hydrogen storage requirement and provide one of the UK’s first major ‘hydrogen batteries’ to capture and store excess renewable wind power via on-site green hydrogen generation. UKEn’s Portland Hydrogen Hub envisages initial throughput of 28m m3 /day 1 bcf/day (1 bcf/day ), equivalent to 14% of the UK's daily natural gas demand. The project will support the UK’s energy mix diversification, attract investment, create jobs, reduce carbon emissions, and deliver 1.2 bcm (~43 bcf ) of new underground storage in phase 1 – a 70% increase in the UK’s current capacity – clearly demonstrating the UK’s leadership and commitment in innovative green technologies. -
Executive ChairmanUk Oil & Gas Investments Plc Jul 2015 - PresentUK Oil & Gas Investments PLC ("UKOG") is currently focussed on delivering shareholder value by building a portfolio of producing, appraisal and exploration assets initially in the UK onshore. The company currently has interests in four producing conventional oil fields, three undeveloped oil discoveries and multiple exploration opportunities in the Weald and Wessex basins. UKOG is leading the evaluation and possible development of the recent Horse Hill oil discovery's conventional Portland and hybrid Kimmeridge limestone and shale oil pools. UKOG is actively pursuing further growth opportunities in the UK and internationally.
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CeoUk Oil & Gas Investments Plc Feb 2015 - PresentInternationalInstrumental in building the company's core asset base. Built the technical team and led the commercial and technical aspects of the company's Horse Hill, Greater-Weald and Isle of Wight projects.
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Principal & Technical DirectorBuntybay Ltd. Jan 2013 - Feb 2015InternationalA wide ranging role encompassing active pan-African & European focussed asset evaluations, new exploration venture opportunity creation together with operational planning/implementation, commercial advisory and asset & acquisition management. Projects include operated assets, datarooms & due diligence evaluations (including shale-gas), reserve/ resource audits, related CPRs/IMs, stochastic & deterministic HCIIP volumetrics, risk and decision tree analysis, project economics, portfolio and exploration strategy, FDPs, recommendations to management for acquisition, FID and RBL. Recent projects include:• UK Onshore - developing business strategy, acreage acquisitions and asset evaluation• DD for $7 billion global IOC acquisition (E&A+production in Europe/N. Sea, N. Africa, S. America)• DD evaluation of N. African & European E&A portfolio for LSE corp. acquisition• DD evaluations of three major's Nigerian OML divestments (25 + fields & 80 reservoirs)• UK onshore prospect/play evaluation CPR• RBL technical DD of Nigerian field• Technical DD for acquisition of 2 producing UK gas fields• DD & recommendation re: corp. acquisition of S. Atlantic expl. portfolio• Opportunity screening & DD of assets in C. & E. Africa for various IOCs• Egyptian forward exploration strategy for mid-size operator• Expert G&G opinion re: litigation on E. European incremental oil development project• Reserve audit and CPR on 4 producing Egyptian fields for IOC• Reserve audit and CPR on producing Nigerian offshore field • W. African expl. portfolio evaluation for USA IOC• Advice on appraisal/development strategy on 2 Nigerian fields & expl. portfolio peer review• Due diligence evaluation and recommendation on Polish Silurian shale gas investment• Screening/peer review of N. African NV portfolio & start-up strategy advice• Technical and investment IM for equity fund-raising on N. African opportunity portfolio • N. African appraisal asset divestment
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New Ventures/Technical DirectorAsp E&P Jan 2010 - Feb 2014Netherlands, TunisiaCo-founder of privately held IOC. Formed N. Africa entry strategy. Sourced, negotiated & built Tunisia based operated producing, appraisal and exploration start-up portfolio. Planned/organised project implementation including prospect generation, well locations, well design, 3D seismic, ETAPand DGE buy-in to FDP and exploration programme. Tunisia expl. & appraisal asset rights assigned to Mazerine Energy & ratified Feb 2014. Significant discovery made in 2015 with tested rates of 5,000 bopd. -
Acting Vp Exploration & Executive Bd AdviserDelta Hydrocarbons, Plantagenet Resources, Wintershall, Arco, Cities Mar 2006 - Dec 2009Netherlands, Tunisia, InternationalHelped Walter van de Vijver and team build E&P opportunity portfolio to raise $1.2 billion start-up capital pool for asset aquisitions and investment. Evaluated and drove evaluations & due diligence on 30+ global corporate oil & gas portfolios including 125 fields (producing and appraisal), 100+ exploration prospects and 4 unconventional shale gas assets. Four diverse assets acquired.
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President & Executive DirectorPlantagenet E&P Oct 2000 - Nov 2003Libya, InternationalCreated start-up Libyan exploration company, awarded 6 blocks with part-carried interest in partnership with Woodside. Trade sale to European Integrated IOC 2004. Four discoveries made. Ultimate gross portfolio value >$700MM created (2008 @~$60/bbl oil price). -
Manager/Vp International ExplorationWintershall Jun 1998 - Sep 2000Kassel Area, GermanyLead E & A business in Europe, Africa, Libya, M. East and S. America. Made 3 Argentina and Libya Al Jorf field offshore discoveries plus successful appraisal wells in Libya and Qatar Al Rayyan. -
Director New VenturesArco Eame Jan 1998 - Jun 1998Guildford, United KingdomRationalised Romania portfolio divesting Doina gas field to Paladin, created Libya entry strategy. -
Manager Subsurface TechnologyArco British/Eame Jun 1995 - Jan 1998Guildford, United KingdomRan ARCO technology business delivering new seismic technology/methods which resulted in 5 discoveries & undrained field gas reserves in 1.5 years -
Exploration Manager/VpArco Algeria Jan 1993 - Jun 1995Algiers & Plano, Tx, UsaRan ARCO’s Algerian exploration business resulting in Semhari field & 3 non commercial discoveries. Acquired at time world’s largest land 2D seismic programme on schedule & under-budget -
Exploration Manager S. America Task ForceArco International Apr 1992 - Jan 1993Plano, Texas, UsaLead evaluation of all S. America basins and helped create ARCO’s S. America E&P growth/entry strategy. Lead to entry into Colombia, Venezuela and Peru. -
Director New Ventures EameArco International Nov 1989 - Apr 1992Plano, Texas, UsaRan NV business and managed all aspects of existing operated/non-operated assets. Created project, negotiated and acquired 4 blocks leading to Romania Doina offshore gas field. Evaluated E. Africa basins leading to Mozambique venture and Temane field (~2Tcfg). -
Exploration Manager/Chief GeophysicistArco Netherlands Jul 1987 - Nov 1989London And NlLead Netherlands operated country-entry acquiring 6 blocks. Created & lead operated entry into German offshore. Made 2 gas discoveries. Successfully appraised/developed 4 gas fields. -
Senior Geophysicist/Seismic InterpreterArco British & Arco Norge Mar 1982 - Jul 1987London, United KingdomLead Puffin HTHP appraisal and equity re-determination. Co-discovered 4 giant fields in N. Norway of 1.9 Billion bbls and 8Tcfg gross 2P reserves. -
Geophysicist/Seismic InterpreterCities Service Oil & Gas Oct 1979 - Mar 1982London & Tulsa, Ok, UsaDiscovered UK Fiddich field and Ireland Connemara discovery. -
Platoon CommanderBritish Army Jul 1974 - Sep 1979Uk, BerlinService with regular army pre-university and volunteer reserve
Stephen Sanderson Skills
Stephen Sanderson Education Details
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Royal School Of Mines, Imperial College, LondonGeology And Petroleum Geology -
Petroleum Geology
Frequently Asked Questions about Stephen Sanderson
What company does Stephen Sanderson work for?
Stephen Sanderson works for Uk Energy Storage (Uken)
What is Stephen Sanderson's role at the current company?
Stephen Sanderson's current role is Chief Executive at UK Oil & Gas Investments PLC and UK Energy Storage.
What is Stephen Sanderson's email address?
Stephen Sanderson's email address is st****@****-ep.com
What schools did Stephen Sanderson attend?
Stephen Sanderson attended Royal School Of Mines, Imperial College, London, Imperial College London.
What are some of Stephen Sanderson's interests?
Stephen Sanderson has interest in Children, Education, Environment, Science And Technology, Arts And Culture.
What skills is Stephen Sanderson known for?
Stephen Sanderson has skills like Petroleum, Reserves, Gas, Energy, Upstream, Mergers And Acquisitions, Seismology, Energy Industry, Mineral Exploration, Strategy, Onshore, Geology.
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Stephen Sanderson
Driving Global Innovation | Director Of Technology Operations | Ai & Business Integration ExpertLondon1stevesanderson.co.uk -
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Stephen Sanderson
It Strategy Consultant | Cloud, Data & Ai Integration Specialist | Empowering Mats & Schools With Scalable, Cost-Effective SolutionsUnited Kingdom -
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