Apex International Energy, an independent oil and gas exploration and production company focused on Egypt, has expanded its leadership team with the additions of David A. Pivnik as vice president of exploration and new ventures and Amr Diab as non-executive director.
Pivnik brings over 25 years of geotechnical experience, including 10 years spent in Egypt where he discovered several significant oil fields. Most recently he was manager of subsurface specialties at Occidental Petroleum where he focused on petroleum systems and geomechanics in the Permian Basin. He holds a bachelor's degree in geology from State University of New York Fredonia, a master's in Geology from University of Rochester, and a PhD from Dartmouth College.
Diab brings over 20 years of investing and transaction experience and is currently an advisory director at Morgan Stanley International, where he previously served as co-head of investment banking for the Middle East and North Africa. He is a Fulbright Scholar and received his bachelor's in economics from the American University in Cairo (AUC) and his master's degrees from Columbia and London Business School.
Apex International Energy was formed earlier this year and is backed by Warburg Pincus. Apex plans to build an exploration and production business of scale through asset acquisitions and capital investments in drilling, infrastructure and production enhancement to deliver long-term profitable growth in production and reserves. Apex International Energy is also pursuing farm-in transactions and participating in new concession bid rounds.
Apex was recently awarded Blocks 8 and 9 by the Egyptian General Petroleum Company (EGPC) from their 2016 Bid Round.