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SAUDI ARABIA - Khaled A. Al-Faleh & New Saudi Aramco Team.

Faleh in August was promoted as Saudi Aramco's new operations chief. Widely expected to succeed Jum'ah as president/CEO of the company, Faleh later made a series of management changes to build a new executive team. Faleh assumed control of a new business centre named Operations on Sept. 1.

The Operations division handles the day-to-day business of Saudi Aramco. Faleh thus controls four main business units: exploration and production (E&P); refining, marketing and international; operations services; and engineering and project management. Faleh joined Saudi Aramco in 1979 and has since moved steadily up the management ranks, heading the new business development, exploration and industrial relations divisions in the past five years.

As part of a wider corporate re-organisation, Saudi Aramco's Sr VP for E&P, Abdullah al-Saif was placed on special assignment reporting directly to Jum'ah. Amin Nasser was kept as head of the E&P division. Khayyal took Faleh's post as head of industrial relations. Khaled al-Bu'ainain, VP for refining, took Khayyal's position.

Faleh made his appointments effective from Sept. 1. A most significant change involved Abdul-Aziz al-Judaimi taking up the post of VP of new business development from Issam al-Bayat, who was shifted to head of the engineering services division. Al-Judaimi, until then head of Saudi Aramco's northern area oil operations, was also made chairman of the South Rub' al-Khali (Srak) exploration company, a position Faleh relinquished earlier in the year. Srak is a JV of Saudi Aramco, Shell and Total.

Fahd al-Moosa, previously VP of drilling and workover, succeeded Judaimi as head of the northern area. Zuhair al-Hussein, previously general manager of drilling, took over Moosa's post as VP of drilling and workover. Ahmad al-Sa'di, who had been acting executive director of distribution and terminal operations, took on that position on a permanent basis.

The changes marked the second major overhaul of management responsibilities at Saudi Aramco, with Faleh's promotion sparking a wider corporate reorganisation in August.
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Publication:APS Review Downstream Trends
Date:Oct 22, 2007
Words:321
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