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

Inpex Starts Construction of Indonesia's Abadi LNG Project

Unity Enters Asia-Pacific Market with Malaysia P&A Work

Noble Gets $136M Brunei Drillship Job

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Hormuz Traffic Falls to Five-Week Low as Tensions Escalate

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

Oil Surges 3% on Renewed US-Iran Strikes

Saudi Arabia Eyes Oil Pipeline Expansion to Red Sea

ADNOC Launches Global LNG Trading Powerhouse

TotalEnergies Sells Malaysia Offshore Gas Field Stake to Inpex

Current News

Inpex Starts Construction of Indonesia's Abadi LNG Project

Hormuz Crossings Decline as US Renews Iran Blockade

Oil Rises 2% as Middle East Hostilities Escalate

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Unity Enters Asia-Pacific Market with Malaysia P&A Work

Oil Surges to Four-Week High as US-Iran Trade Blows

Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

Noble Gets $136M Brunei Drillship Job

James Fisher, Aquaterra Launch Global Decommissioning Partnership

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

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