United Kingdom
Akiyuki HORIE have been in the energy sector for 24 years including 2 year experiences at the investment bank division of the Japanese commercial bank as a secondee and have acquired excellent knowledge on the finance through his undergraduate diploma, the transactions he experienced and postgraduate diploma. His work experiences and selected achievements are available below.
CIECO Exploration and Production (UK) limited is ITOCHU Corporation’s overseas arm in the space of oil and gas upstream, which continues its operation in the United Kingdom Continental Shelf from 1993. It geographically covers Europe, Africa and Middle East. Co-lead the business development team to re-shape asset acquisition strategies targeting in Europe and Africa and had been engaged in the administrative work of the existing oil and gas assets in the UKCS. Currently leading a team to divest one of our core operations (ongoing); Held responsible for the internal coordination across multiple teams in London and Tokyo and external communication with the operator for the commercial and legal issues in respect of Western Isles Development Project; Co-led the multi-functional team comprised of the business development and subsurface teams across two offices in London and Tokyo to develop the detailed strategy report in terms of geology, reservoir engineering, political stability and fiscal regime to enter the Norwegian sector; Co-led the business development team to holistically assess the potential for the oil and gas upstream sectors in the UK and Norway including the review of selected oil and gas fields and articulated the asset acquisition strategies in both countries; and Co-led the asset review team comprised of the business development and tax and accounting teams across two offices in London and Tokyo and delivered the appraisal report of the oil fields with their financials forecast for the auditor’s review.
JD Rockies Resources Limited was ITOCHU Corporation’s overseas arm which was focused on the U.S unconventional plays. I engaged in a new business development activities in the U.S oil and gas midstream space and the administrative work of investment in the U.S independent oil and gas company. My work experience includes: Assessed the oil and gas midstream industry from legal and taxation perspectives and the growth strategy of key industry peers in the United States for the purpose of identifying suitable business models which aligns with the internal risk-reward preference and potential partners; Built and maintained networks with local companies in the oil and gas upstream and the midstream industries in the United States; and Held responsibility for overall management of the investees in the United States.