01-19-2008
Mr Al-Arbeed
has a Bachelors degree in Petroleum Engineering and Natural Gas from
Pennsylvania State University in 1977, and over 30 years of experience in the
international petroleum industry. Previously he was Board Member of the Kuwait
Petroleum Corporation (KPC), Chairman and Managing Director of the Kuwait
Foreign Petroleum Exploration Co. (KUFPEC), Managing Director of the Kuwait
Project for re-introducing international oil companies to develop Kuwaiti oil
fields, and Managing Director of the Privatization and R&D Programs of KPC, as
well as membership of the Society of Petroleum Engineers (SPE), the Kuwait
Engineering Society and the Association of International Petroleum Negotiators (AIPN).
During his appointment at KOC, one of the largest oil companies in the world, Mr
Al-Arbeed was responsible for the entire oil and gas production of the state of
Kuwait, and possesses invaluable experience gained from his distinguished
career. He has been a member of the Dana Gas Board of Directors since the
company's inception, and will continue to serve in this capacity in addition to
his new executive position.
'I am proud to have been involved with Dana Gas since its establishment, and
have seen it grow rapidly and professionally as an international energy company,
with activities across the region,' said Mr Ahmed Al-Arbeed on this occasion. 'I
am excited about joining the exceptional Dana Gas management team - led by
Executive Chairman Hamid Jafar - as Executive Director, and I look forward to
contributing towards the company's growth strategy to deliver value for our
shareholders.'
Mr Hamid Jafar, Executive Chairman of Dana Gas, said, 'Dana Gas is delighted to
welcome Mr Al-Arbeed aboard as Executive Director, and we are confident that he
will add enormous value to the company as a senior member of the executive team
in the same professional manner that he has as a member of the Board of
Directors, and which he delivered to the various petroleum organizations he has
served throughout his illustrious career in the Kuwaiti petroleum sector and
internationally.'
'We are also pleased to welcome Mr Rashid Saif Al-Jarwan, General Manager of
Dana Gas, to the Board of Directors,' added Mr Jafar. 'Mr Al-Jarwan has made a
great contribution to the company in his role as General Manager, and the Board
of Directors welcomes him now as an executive member in recognition of his
contribution, and in accordance with global best practices in corporate
governance.'
Mr Al-Jarwan has a B.Sc. degree in Petroleum and Natural Gas Engineering from
Pennsylvania State University. Before joining Dana Gas two years ago he worked
for 28 years at the Abu Dhabi National Oil Company (ADNOC) and its group of
companies in the oil and gas business. There, he had technical, operational,
commercial and executive responsibilities, including eight years of experience
as the General Manager of the Abu Dhabi Gas Liquefication Co. (ADGAS).
In addition, Mr Al-Jarwan was the Deputy General Manager of the Abu Dhabi
Company for Onshore Oil Operations (ADCO) and served on the Board of Directors
of the National Petroleum Construction Company (NPCC), Ruwais Fertilizer
Industries (FERTIL), and the National Drilling Company (NDC) in Abu Dhabi.