Mohammed Al Barwani

Mohammed bin Ali bin Mohammed Al Barwani (born 1951/1952) is an Omani billionaire businessman, the founder and chairman of MB Holding Group of companies, which operate in oil and gas exploration and production, oilfield services, engineering and mining.

Mohammed Al Barwani
Born
Mohammed Bin Ali Bin Mohammed Al Barwani

1951/1952 (age 68–69)[1]
NationalityOmani
Alma materMiami University
Heriot-Watt University
Known forfounder, owner and chairman, MB Holding
owner, Oceanco
Net worthUS$1.11 billion (November 2015)[1]
Spouse(s)Sharifa al Harthy
Children5

Early life

Mohammed Al Barwani was born in Oman.[1] He has a bachelor's degree in Science from Miami University, Ohio, US, and a "Bachelor of Science degree in Chemical Engineering from the University of Texas at Austin in 1981".[2] He was awarded a master degree and received an honorary doctorate in petroleum engineering from Heriot-Watt University in Edinburgh, UK, yet styles himself as "Dr. Mohammed Al Barwani".[3]

Career

Barwani started his career in the oil industry as a reservoir engineer for Petroleum Development Oman (PDO), a joint venture of Shell and the Government of Oman, where he worked from 1976 to 1986.[4]

Barwani founded MB Holding in 1982 to provide oilfield services. MB expanded into oil and gas exploration and production, and then engineering services[1] and subsequently founded Mawarid Mining in 1987 and Petrogas in 1999.[5]

Barwani owns the Dutch yacht builder Oceanco.[1][6] He first visited the company in 2009,[7] and acquired it from Greek businessman Theodore Angelopolous in 2010.[8] In 2015, Barwani bought the Turkish shipyard Turquoise Yachts.[9][10] He runs Musstir, a property developer with "stakes in several hotels in Oman".[1]

Barwani is a non-executive director of a number of publicly traded and joint stock companies, Al Madina Insurance co. SAOG, Al Madina Investments SAOG (Muscat Stock Market), Nautilus Minerals.[11] He was formerly a non-executive director of Oman Air, Shell Oman Marketing Company, Taageer Leasing Company, Oman, and National Bank of Oman.[12] He is a member of the International SeaKeepers Society.[7]

Barwani was included in the book Those Who Inspire Oman, published in November 2012 by the publishing house Those Who Inspire Ltd.[13]

As of May 2016, Forbes estimated his net worth at US$1.01 billion.[1]

Personal life

He is married to Sharifa al Harthy, who has always been involved in the company, and she is deputy chairman of MB Holding.[14] They live in Muscat, and have five children, all of whom work for MB Holding.[1]

Barwani owns several boats, with the 32 metre yacht Sharifa being the largest.[15]

References
  1. "Mohammed Al Barwani". Forbes. Retrieved 17 November 2015.
  2. "Executive Profile Mohamed Bin Ali Bin Mohamed Al Barwani". Bloomberg L.P. Retrieved 17 November 2015.
  3. "Dr. Mohammed Al Barwani". mbholdingco. Retrieved 17 November 2015.
  4. "MB Holding Company LLC". www.mbholdingco.com. Retrieved 2018-09-19.
  5. University, Heriot-Watt. "Oil & Gas Guru visits Dubai Campus". www.hw.ac.uk. Retrieved 2018-09-20.
  6. Zaltzman, Julia (2017-07-22). "Full Steam Ahead for Oceanco". Robb Report. Retrieved 2018-09-23.
  7. http://www.thehoworths.com/wp-content/uploads/2014/04/Mohammed-Al-Barwani.pdf
  8. "Meet Oman's mysterious oil billionaire builiding the world's most luxurious yachts". Al Bawaba. 2013-12-03. Retrieved 2018-09-23.
  9. "Growing on instinct: Mohammed Al Barwani". ArabianBusiness.com. Retrieved 2018-09-23.
  10. "Insight: More than just business with Dr. Al Barwani". Retrieved 2018-09-23.
  11. "One in, one out at Nautilus Minerals". 2018-01-18. Retrieved 2018-10-06.
  12. "The World's 50 Richest Arabs 2016 - ArabianBusiness.com". ArabianBusiness.com. Retrieved 2018-09-29.
  13. "Dr. Mohammed Barwani". thosewhoinspire.com. Retrieved 19 January 2019.
  14. "The Pioneer". Business Today. 29 February 2012. Retrieved 17 November 2015.
  15. "Insight: More than just business with Dr. Al Barwani". Retrieved 2018-10-18.

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