Board Of Directors

Cyprus Hydrocarbons Company (CHC) Board of Directors consists of seven non-Executive Members as follows.

Toula Onoufriou

Toula Onoufriou

President

Professor Toula Onoufriou is the President of the Cyprus Hydrocarbons Company. She is also a Professor of Infrastructure Reliability and Management in the Department of Civil Engineering and Geomatics at the Cyprus University of Technology and an Academic Visitor at Imperial College (UK). She combines experience from academia and the offshore oil and gas industry internationally where she held several positions of high responsibility (Vice Rector, President, Head of Department, Director of Research, Head of Research Centre and Senior Consultant) and she recorded significant professional activity, contribution and recognition at national and international level. She served as member of national councils and expert committees advising the President and the Government of Cyprus on national strategy for energy, oil and gas, research, innovation and entrepreneurship.

She obtained her PhD in Offshore Structures with a scholarship from Imperial College (UK) and she is top graduate of Civil Engineering at City University (UK) where she was awarded the Renie Prize. International distinctions and recognition include the Stanley Gray Award by the Institute of Marine Engineers UK for the best publication in marine technology and the award of the prestigious SmartEN Marie Curie ITN Programme on “Smart Management for Sustainable Human Environment”. Also Invited Expert Speaker at many high level international fora including the United States Congress, European Commission and international conferences on oil and gas developments and smart proactive management of infrastructure systems.

She was instrumental in bringing together effectively academia, industry and government departments through the development of international and regional collaboration networks, joint industry programmes and other major research programmes. She lead several research programmes funded from national sources, the EU and industry.

Mike Efthymiou

Mike Efthymiou

Member of the Board of Directors

Obtained BSc and MSc, degrees in Civil and Structural Engineering, University of Manchester, UK and PhD in Offshore Engineering also from University of Manchester. He has worked with Shell for over 30 years, retiring in 2013 after serving as Engineering Manager for Offshore Structures and Metocean for Europe Middle East & Africa. Highlights of contributions to Offshore Oil & Gas industry include:

  • Development of Equations for Stress Concentration Factors in Tubular Joints, widely used in design of offshore structures worldwide and recommended in international Standards, notably ISO 19902, API RP 2A, NORSOK.
  • Ultimate strength and reliability-based design of offshore platforms. This work resulted in Best Paper Award at OMAE’96 and has formed the basis for the ultimate strength provisions and action factors in ISO Standard on Steel Offshore Platforms, ISO 19902.
  • In 2002 Efthymiou was named as Offshore Pioneer by the Offshore Energy Centre, Houston, USA for his pioneering contributions to the offshore industry – safety and reliability.
  • Lead Structural Engineer for topsides design of the Sakhalin Offshore Platforms 2003-2005. Project was first major arctic project and one of the biggest projects ever, currently producing 400,000 boe. In 2005 received Best Paper Award at OTC, Houston, for paper on the design of the Sakhalin Offshore Facilities.
  • Pioneering contributions to the development of first Floating LNG installation in Shell, holding several Patents on aspects of the technology and the role of Technical Authority during FEED and Detailed Design for turret, moorings, production risers and topsides structural design.

Mike has published many technical papers and Patents in the areas of fixed offshore platforms and floating systems. After retiring from Shell in 2013 Mike was appointed Professor of Offshore Structures at University of Western Australia. In February 2014 was appointed to the Board of Directors of Cyprus Hydrocarbons Company.

 

George Georgiades

George Georgiades

Member of the Board of Directors

George Georgiades obtained B.A (Hons) from the University of Essex, UK, in 1995. He worked for a Big 4 audit firm both in Cyprus and in the UK time during which he was admitted as a member of the Institute of Chartered Accountants in England and Wales (ICAEW) and of the Institute of Certified Public Accountants of Cyprus (ICPAC). From 2002 to date he has participated in the performance of Production Sharing Contracts, Contractors’ Joint Venture and State Compliance audits on behalf of the Government of Equatorial Guinea involving a significant number of multinational companies such as ExxonMobil Corp., Marathon Oil Corporation, Glencore Plc, Noble Energy Inc., Hess Corporation, Repsol S.A, Bechtel Corporation, Schlumberger Limited, Halliburton Company, Transocean Ltd, Baker Hughes Incorporated, Fluor Incorporated and Weatherford International and has contributed to the improvement of the country’s Production Sharing Contracts’ contents. He has represented Cyprus in one World Youth Chess Championship (1988 Timisoara – Romania) as well as in two Chess Olympiads (1990 – Novi Sad, Yugoslavia and 1992 – Manila, Philippines) while in 1993 he drew with Anatoly Karpov, a former Chess World Champion and at that time World’s No. 2. He was appointed a CHC Board of Directors in March 2014 providing specialist knowledge on the financial aspects of the upstream oil and gas exploration activities.

 

Yiota Lambrou

Yiota Lambrou

Member of the Board of Directors

Dr Yiota Lambrou is a Senior Hydrocarbons Officer at the Ministry of Energy, Commerce and Industry. From 2006 to 2008 she worked at the Cyprus Institute of Energy as an Energy Officer in the Oil Sector. Dr Lambrou joined the Energy Service of the Ministry of Energy, Commerce and Industry in 2008 at the Oil and Gas Sector and has been the Coordinator of Energy and Hydrocarbons Affairs at the Minister’s office since 2018.

Dr Lambrou holds a B.Sc in Chemistry (2001) and a Ph.D in Heterogeneous Environmental Catalysis (2006), both from University of Cyprus. She also obtained a Master in Business Administration in Oil, Gas and Energy Management (2018) from the University of Nicosia. She has published numerous papers in peer-reviewed journals and conference proceedings in the chemical engineering/catalytic chemistry sector while she has also participated in workshops and trainings related to the hydrocarbons sector (legal and technical). Being involved in the hydrocarbons programme of Cyprus since the early stages, she continues through her position in the Ministry to have a comprehensive experience of the regulatory, legal and operational framework of the sector.

 

Lenas Mylonas

Lenas Mylonas

Member of the Board of Directors

Lenas Mylonas is an independent consultant and leading professional in the oil and gas industry with over 15 years experiences. Lenas has worked on major projects for BP both in Angola and Azerbaijan, for TOTAL in Nigeria and also for British Gas in Egypt. He has also provided his services both in construction and design for major offshore contractors and consultancies such as JPKenny, Single Buoy Moorings and J Ray McDermott. Lenas is currently working for BP in Angola, engaged in subsea deep-water construction and operations management, having latterly been involved in the delivery of the PSVM project, the industry’s largest subsea development to date, a project on which he also steered the front end engineering design, tendering and concept selection. Concurrently Lenas is a member of the CHC board of directors providing specialist input on commercial and construction issues with respect to onshore and offshore oil and gas activities, field development, subsea infrastructure and LNG facilities.

 

Tasos Panteli

Tasos Panteli

Member of the Board of Directors

Tasos Panteli graduated in law from Queen Mary University of London in 1999. In 2000, he completed the Bar Vocational Course at the Inns of Court School of Law, UK and he was Called to the Bar. He obtained an LLM in Commercial and Corporate law from King’s College London in 2001. In 2002 he was admitted to the Cyprus Bar. In 2010 he became a partner in Andreas M. Sofocleous & Co LLC. Concurrently in 2015 he joined the CHC Board of Directors providing specialist knowledge on legal matters.

 

Panos Papanastasiou

Panos Papanastasiou

Member of the Board of Directors

Panos Papanastasiou is a Professor in the Department of Civil and Environmental Engineering of the University of Cyprus. He served as the founding Head of the Department of Civil and Environmental Engineering (2002-2008), founding director of the Program of Architecture (2004-2006) and Dean of the Engineering School (2009-2014). He is also the founding director of the Master in Petroleum Engineering Program. He obtained his first degree in Civil Engineering from the NTU of Athens in 1984 and his M.Sc in 1986 and Ph.D in 1990 from the University of Minnesota.

He worked more than 15 years in the Oil & Gas industry in the Research Center of Schlumberger in Cambridge, England from 1991 to 2002 and as consultant to Schlumberger in U.K. and Russia from 2002-2007.  He was Advisor to the Government of Cyprus on hydrocarbon exploration, development and gas monetization options from 2011-2017.

His expertise and scientific contributions are in the areas of a) Applied and Computational Mechanics: geomaterials, plasticity theories,  micromechanics, fracture mechanics, flow in porous media, finite element analysis b) Petroleum Geomechanics which includes problems on wellbore stability, hydraulic fracturing, sanding prediction and control, reservoir Geomechanics and CO2 geological storage and c) Oil and Gas management in upstream exploration and production and monetization of natural gas. He has published more than 160 articles in scientific journals, conference proceedings, book chapters, edited books and he invented 3 patents in the oilfield. He is editorial advisor in international scientific journals on geomechanics and petroleum engineering.