Bapco accepts CEO resignation
Manama, January 20, 2013
The board of directors of Bahrain petroleum Company (Bapco) accepted the resignation of chief executive (CEO) Gordon Smith who is leaving the company next month.
This was decided at a meeting chaired by company chairman Adel Almoayyed, said a report in our sister publication the Gulf Daily News.
The board reviewed a number of operational, EHS (environmental, health and safety) and organisational issues.
Smith was thanked for his valuable contributions, especially in the Bapco modernisation programme, first in his role as deputy CEO refining and marketing and then as the CEO.
Almoayyed will take over the responsibilities of the CEO on an acting basis effective from February 1.
The operating performance report for 2012 was also presented to the board and management and employees were thanked for the good operating results and for their ongoing excellent contributions for the success of the company. – TradeArabia News Service
More Energy, Oil & Gas Stories
- Fuel prices in Bahrain set to double by 2017
- Iraq's oil exports rise to 71.4m barrels in Nov
- MEE launches energy conservation contest
- TSL wins Jordan solar power contract
- SEC signs $366m loan for Jeddah power plant
- Kurdish oil exports 'only with Iraq approval'
- UAE launches energy conservation drive
- Rising Saudi fuel use 'bigger threat than shale'
- Dentons boosts Mideast energy practice
- India seeks Iran's financial guarantees for ships