Andalas Energy appoints non-executive director
Wednesday, September 21 2016 - 12:52 AM WIB
Andalas Energy and Power Plc, the AIM Indonesian focused upstream oil and gas and power company, announced Tuesday the appointment of Robert Arnott as Non-Executive Director with immediate effect.
The company said in a statement that Arnott is a pre-eminent figure in the international oil and gas industry and the Board is confident that he will be highly instrumental as the company advances its strategy to become a leading Indonesian focused energy company.
Arnott has over 30 years' experience in the oil and gas industry, during which he has successfully executed a number of high profile transactions and sourced funding for several major development projects. Starting his career with Shell International, Arnott subsequently moved into investment banking, working at both Morgan Stanley Dean Witter and Goldman Sachs International, where he established an extensive network of investment contacts. Moving back into the upstream industry he has distinguished himself as an active board member with high level involvement in the growth and success of numerous public and private energy related ventures.
As a Board member of Spring Energy AS, Arnott rapidly grew the Norwegian Continental Shelf focused upstream oil and gas company ahead of its eventual sale to Tullow Oil in January 2013. He was since a director of Core Energy AS, an oil and gas company focused on the producing fields of the Norwegian Continental Shelf. During his career he has also held the role of Chairman at each of Petroceltic International plc, Global Petroleum Limited and Oyster Petroleum Limited and a non-executive directorship at Rocksource ASA. Arnott is currently non-executive chairman of Hurricane Energy plc, the UK based oil and gas company.
Editing by Reiner Simanjuntak