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

  • Share via facebook
  • Tweet this
  • Bookmark and Share
(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
0.52
0.02 4.0 (%)
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
Dubai's smart palm tree technology revealed

Dubai's smart palm tree technology revealed

Smart Palms harness the sun's energy to allow people to look...

Decision time looms for Saudi on nuclear power?

Decision time looms for Saudi on nuclear power?

As other countries push ahead with their plans for conventional...

1
With crude at $50, oil firms fear deeper crisis than in 1980s

With crude at $50, oil firms fear deeper crisis than in 1980s

After slashing spending by $180 billion to deal with one of the...

Most Discussed