Cheiron announced the appointment of David Chi as Chief Executive Officer (CEO), effective April 19, 2026. Chi brings over 25 years of global experience in the oil and gas industry with a strong track record of leadership across complex, large-scale operations. Most recently, he served as Region Vice President, Vice President of Commercial, Government & Industries, and Vice President of Assets of Apache Corporation.

Over the course of his career, Chi has held senior leadership, board, and chair roles at various companies and non-profit organizations. He holds a Bachelor of Science in Petroleum Engineering from Texas Tech University. Since May 1, 2025, Chi has also been a valued member of Cheiron’s Advisory Board.

Chi’s extensive expertise in asset management, government relations, and international operations, combined with his proven leadership qualities, will be instrumental in guiding Cheiron’s continued growth and success, according to the company’s statement.

Cheiron is Egypt’s largest independent oil and natural gas exploration and production (E&P) company with operated production of more than 130 kboepd across its domestic and international assets. Founded in the late 1980s, the company built its reputation on developing mature fields in Egypt’s Gulf of Suez. Over the years, Cheiron has expanded its domestic and international footprint and today operates a growing portfolio of assets in Egypt, Mexico, and Romania.

In Egypt, the company holds petroleum rights in 19 concessions, all operated by Cheiron through its various Joint Venture (JV) Companies in partnership with the Egyptian General Petroleum Corporation (EGPC), Egyptian Natural Gas Holding (EGAS), and South Valley Egyptian Petroleum Holding Company (Ganope). The Egyptian concessions are located both onshore and offshore, spanning all three main hydrocarbon basins in the country, namely the Western Desert, the Gulf of Suez, and the Mediterranean Sea. Meanwhile, Cheiron’s Mexican and Romanian assets are all onshore.