Restoring
Maximizing
Oil & Gas
Production
DensOil LLC restores mature energy assets through world-class technical mastery, disciplined capital deployment, and elite strategic partnerships.
The Four Pillars of DensOil
A disciplined framework built on technical mastery, capital efficiency, and institutional integrity.
World-Class Expertise
Decades of hands-on heavy oil and brownfield operations experience at the world's leading energy companies, including SLB and major international operators.
Restore & Maximize
Systematic asset restoration through workovers, recompletions, and surface equipment refurbishment — delivering immediate, measurable production uplift.
Local Talent Empowerment
Committed to re-engaging and empowering local technical expertise in every region of operation.
Full Compliance
Strict U.S. legal structure with rigorous OFAC adherence, full international sanctions compliance, and transparent ESG accountability frameworks.
Board & Senior Management
Over 200 years of combined experience in upstream oil and gas, capital markets, and international law.
Geir Aune
Chairman20+ years as CEO or Executive Chairman in seven public oil and gas service companies.
More than 20 years' experience as CEO or Executive Chairman in seven different public companies, mostly related to the oil and gas service industry. Examples are Ocean Rig, DSND Subsea, Wilrig, NCL. Has designed and executed a wide array of corporate and capital market transaction in public companies.
Hatem Soliman
Chief Executive Officer37 years at SLB. Executive President Middle East, Asia-Pacific, and Latin America.
Oil and Gas Executive with 37 years at SLB. He served as Executive President of Middle East, Asia-Pacific, and Senior Advisor to SLB Global CEO (2016-2018). Executive President SLB Latin America (2010-2016) President and Managing Director for Venezuela (2004-2007). Hatem is currently a Director for OEC, a Brazilian EPC company and ADES, a Saudi leading Jack Up drilling company among others. Top 100 Forbes Middle East Executives (#19) in 2017.
Kambiz Safinya
Chief Technology Officer44+ years in oil and gas. PhD in atomic physics from Harvard. 20+ US patents.
More than 44 years' experience in the oil and gas industry. Last position as CEO of Visuray, where he developed the world's first downhole X-ray imaging tool. 30 years with SLB, where he was lastly Heavy Oil Theme Director. Kambiz has a PhD in atomic physics from Harvard and holds more than 20 US patents.
Andres Mezgravis
Chief Legal Officer30+ years of legal experience. Formerly Baker & McKenzie and Travieso Evans.
Venezuelan attorney with 30+ years of experience. Formerly an associate at Baker & McKenzie and partner at Travieso Evans. Former law professor and author of 25+ publications. Founding President of the VenAmCham Arbitration Committee. Andrés is an expert in investment protection and has handled multimillion-dollar cases. Recognized by the U.S. for extraordinary ability.
Investment Thesis
DensOil operates from a position of exceptional financial strength.
Field reactivation — comprehensive workovers, surface equipment repairs, and artificial lift optimization for immediate production uplift.
Production scaling — midstream infrastructure optimization, blending improvements, and logistics enhancements for throughput efficiency.
Expansion and efficiency — selective new development funded only upon clear payback visibility and confirmed reserve upside.
Consistent cash flow and capital efficiency over headline production growth — ensuring sustainable, long-term value with minimized downside risk.
Asset Strategy & Technical Edge
Target Profile
- Underinvested Production — Assets in decline due to deferred maintenance with high restoration upside at low geological risk.
- Proven Reservoirs — Established production history ensuring predictable outcomes and reliable profiles.
- Refurbishment Ops — Existing surface infrastructure requiring professional refurbishment, not greenfield capex.
Technical Approach
- Restoration First — Workovers, surface repairs, and recompletions as the highest-ROI primary step.
- Artificial Lift Optimization — Advanced techniques to maximize wellbore performance and extend productive life.
- Flow Assurance — Sophisticated blending improvements and flow technologies to optimize throughput economics.
Strategic Objective
Restore production immediately, then systematically add reserves through rigorous modern reservoir management — delivering near-term cash flow and long-term asset value.
Value Chain
From Wellhead to Market
Governance, Compliance & The DensOil Edge
DensOil operates with full awareness of operating in diverse and complex environments. Our compliance framework is not merely procedural — it is a structural competitive advantage that protects partners and enables consistent execution.
We maintain a strict U.S. legal structure and rigorous OFAC compliance framework, adhering fully to all U.S., EU, and UK sanctions regimes.
DensOil Technology Center
The vital link between international technology partners and local operations. Focused on reservoir simulation and evaluation.
Ready to Explore a Strategic Partnership?
DensOil welcomes inquiries from qualified institutional investors, strategic industry partners, and regulatory bodies. Request our full investment deck or open a direct line with our leadership.
Who We Partner With
- 🏦 Institutional Investors
Private equity, sovereign wealth funds, and institutional capital providers seeking upstream energy exposure with downside protection.
- 🔧 Industry Partners
Global service companies and regional energy operators bringing technical capability or local market access.
- 📋 Regulatory Bodies
International and local authorities requiring proof of compliance architecture, ESG strategy, and operational transparency.