Sapura Energy CFO to Step Down

Tuesday, September 21, 2021

Malaysian oil and gas producer and energy services provider Sapura Energy said Tuesday that Reza Abdul Rahim would step down from his position as Chief Financial Officer.

He will step down on October 1, 2021, after more than five years in the role, to pursue other opportunities. 

"Reza is an integral part of the Sapura Energy growth story,” said Sapura Energy Group Chief Executive Officer Anuar Taib. “He helped to build the Group into the global integrated energy services and solutions provider that we are today.” 

Reza Abdul Rahim joined Sapura Energy as Senior Vice President of the Offshore Construction and Subsea Services Division in 2012 and was appointed Group CFO in June 2016. 

Sapura Energy said Tuesday Reza Abdul Rahim had played a pivotal role in enabling Sapura Energy to gain assets and capabilities in engineering and construction, drilling and exploration and production. 

"He was instrumental in creating several strategic partnerships for the Group, including Sapura Navegação Marítima S.A. and SapuraOMV Upstream Sdn Bhd. Reza also led efforts to strengthen the Group’s financial position, including the previous rights issue and the recent refinancing exercise," the company said.

 “On behalf of the Group, I would like to thank Reza for his professional leadership and commitment, putting us on better footing to embrace the energy transition,” added CEO Anuar. “We wish him well in his future endeavors.” 

Andy Chew, who is currently Vice President, Group Controller will transition into the role of Acting Group Chief Financial Officer, following Reza’s departure.

Categories: Energy Industry News Activity Asia People & Company News

Related Stories

CNOOC Brings New Offshore Gas Field On Stream

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

EnQuest Acquires Harbour Energy’s Vietnamese Assets

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Current News

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

CNOOC Brings New Offshore Gas Field On Stream

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com