Aabar Petroleum Investments Co said on Wednesday its chief executive officer had resigned to join state-owned Mubadala Development Co.
David Woodward will become chief operating officer of Mubadala's oil and gas division, the Abu Dhabi-based firm said in a statement on the bourse website.
The change comes after Mubadala bought 90 percent of Aabar's Pearl Energy unit, generating an estimated profit of $100 million, it said. - Reuters