Pertamina?s Aussie named chairman of Maurel & Prom

By Romel S. Gurky

Petromindo│Khalsa

Maurel & Prom, an independent upstream company listed on Eurnext Paris, said Aussie B. Gautama has been appointed as Chairman of the company?s board of directors effective immediately.

Aussie B. Gautama, an adviser to Indonesian state-owned oil and gas firm PT Pertamina's CEO on exploration and production activities since 2015, has more than 35 years? experience in the hydrocarbon sector, 30 of which were at TOTAL Group working, including from France, on various projects in Indonesia, Norway, Libya and Nigeria, Maurel said in a statement obtained Wednesday.

PT Pertamina announced in January it has increased its share ownership in Maurel & Prom to 64.46 percent.

Elsewhere, Maurel & Prom said its board of directors has also taken due note, as of today, of the resignation of G?rard Andreck, independent director and Chairman of the Appointments and Compensation Committee, Fran?ois Raudot Genet de Chatenay, independent director and member of the Appointments and Compensation Committee, and Eloi Duverger, independent director.

The board also voted to co-opt Maria R. Nellia and PT Pertamina Internasional Eksplorasi dan Produksi (PIEP), represented by Huddie Dewanto, as directors.

At its meeting of April 10, 2017, the company?s board of directors took due note of the resignation of Jean-Fran?ois H?nin as member and Chairman of the board.

In the summer of 2016, Jean-Fran?ois H?nin sold his stake in Maurel & Prom, held through the holding company Pacifico, to Pertamina. This provided Maurel & Prom with the support of a major oil industry player and the resources it needs to accelerate the group?s growth.

Editing by Reiner Simanjuntak