Aabar makes management changes

May 27, 2008
Aabar Energy made changes in its management team following the sale of its exploration and production subsidiary Pearl Energy Ltd. to Mubadala Development Co. PJSC.

By OGJ editors
HOUSTON, May 26-- Aabar Energy made changes in its management team following the sale of its exploration and production subsidiary Pearl Energy Ltd. to Mubadala Development Co. PJSC.

David Woodward has resigned as chief executive officer and will join Mubadala's oil and gas division as chief operating officer.

Chris Gibson-Robinson has resigned as vice-president, operations, and vice-president, new business development (Southeast Asia). Richard Lorentz has resigned as vice-president, new ventures and corporate relations. They are two of the original founders of Pearl and will assist with the transition into Mubadala before pursuing other ventures.

Stephen Giles has resigned as vice-president, new business development (North Africa and Middle East).

Mohamed Badawy Al-Husseiny will continue as Aabar's chief financial officer.

Kelvin Tang will remain as Aabar's general counsel.