Former Head of KOC joins Dana Gas executive team

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.