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Basel Asmar, Ph.D.

Director – Upstream Capital and Operating Costs Service, IHS Markit

Basel Asmar is a director at IHS Markit, focusing on upstream exploration and production cost and technology.

Dr. Asmar is an expert in oil and gas fundamentals, cpsts and a dynamic simulation expert with extensive computer, modeling, and simulation skills. He is part of the Upstream Capital and Operating Costs Service team working on consulting assignments, multi-client studies and core research. He leads the Upstream Innovaion Index (UII) service. In prior roles, he led international cost estimating and performance improvement consulting activities. Dr. Asmar has worked with major engineering companies concerned with large LNG regasification and liquefaction terminals, natural gas compression stations, and offshore oil and gas production platforms. Formerly, he was as a senior process engineer and dynamic simulation specialist with CB&I, Mott MacDonald, and IMEG, and a lead consultant with Trident Consultants Ltd, London. Dr. Asmar has published more than 40 articles in international journals, conference proceedings, and newspapers. He has authored two books, "Fossil Fuels in the Arab World: Facts and Fiction" and "Fossil Fuels in the Arab World: Seasons Reversed."

He holds a Bachelor of Science in Chemical Engineering from the University of Jordan, Amman, Jordan, plus a Master of Science in Project and Process Engineering and a Ph.D. in Chemical Engineering from the University of Nottingham, UK, as well as a doctorate from Free University Berlin, Germany in Geoscience. He is a Chartered Engineer, a member of the Institute of Chemical Engineers and a senior member of the American Institute of Chemical Engineers.

  • Oil & Gas
  • Cost benchmarking
  • Equipment and technology
  • Exploration and Production
  • Industry monitoring & trends
  • Natural Gas, NGLs and LNG
  • Oil & gas upstream
  • Scenario planning & analysis

Upcoming Events

IHS Markit Webinar 26 October 2020

Downstream Capital Cost Service: Third quarte (...)

This webinar will highlight key changes in downstr (...)

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