Ex-Shell exec named CEO at UAE's Dana Gas

(Photo for illustrative purposes only)

(Photo for illustrative purposes only)

Dana Gas Co, the UAE energy firm that restructured a $920m Islamic bond in April, named Patrick Allman-Ward, the general manager of its Egyptian operations, as its new group chief executive, Dana said in a statement on Tuesday.

Allman-Ward, who joined Dana in 2012 from Royal Dutch Shell , has played a key role in developing the firm's Egyptian operations, including increasing production and developing new business opportunties, Dana said.

His appointment is effective September 1, 2013.

Allman-Ward replaces Rashid Saif AlJarwan, who was the interim CEO for the company over the past year after the retirement of chief executive Ahmed al-Arbeed, Dana said.

Related:
Companies

Market Performance

Dana Gas
0.54
-0.02 -3.57 (%)
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

Posted by: khdmohd - energy expert

The best thing that could be done with Dana Gas is to liquidate it and pay all loans and return share holders money back if any are left . This PSC was badly managed from day one when share prices were flactuating in the ADX .

All comments are subject to approval before appearing

Further reading

Features & Analysis
OPEC in new push to clinch first deal to curb output since 2008

OPEC in new push to clinch first deal to curb output since 2008

Behind the scenes, OPEC experts are trying to work out last-minute...

Tired of cheap oil, Saudis eye price boost to drive Aramco IPO

Tired of cheap oil, Saudis eye price boost to drive Aramco IPO

Change in tone comes as OPEC and other producers such as Russia...

Generation game: the struggle for power in the Gulf

Generation game: the struggle for power in the Gulf

The oil price decline has left a huge funding gap for the Gulf...

Most Popular
Most Discussed
sponsoredTracking