6th Sep 2019 12:27
(Alliance News) - Oil and gas company Aminex PLC said on Friday it has appointed Robert Ambrose as a non-executive director, replacing Sultan Al-Ghaithi who will step down with immediate effect.
Ambrose is the chief operating officer of Zubair Corp's Energy & Logistics Division. He has over 30 years' experience in the oil and gas industry, from downstream to upstream, Aminex said.
Under the terms of a shareholder and relationship agreement dated July 2016, Eclipse Investments LLC has the right to appoint two directors to the Aminex board. Along with Ola Fjeld, Ambrose is a representative director appointed by Eclipse.
"We warmly welcome Robert Ambrose to the board of Aminex and look forward to working with him as we, first, seek to complete the Ruvuma farm-out transaction and then progress development of the Ruvuma project as soon as possible. Robert's breadth and depth of experience across the industry will be of great benefit to the company," said Chair John Bell.
Shares in Aminex were up 3.3% at 1.24 pence in London on Friday.
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