Wholly government-owned Energy Development Oman (EDO) SAOC has named Mazin Rashid al Lamki (pictured) as the new Chief Executive Officer.
Announcing the appointment, EDO’s Board of Directors said the new CEO will join the company in the first quarter of 2022. Al Lamki, currently the Chief Operating Officer at Abu Dhabi headquartered Mubadala Petroleum, a leading international oil and gas company, will take over from Interim CEO Haifa al Khaifi.
In a post on her private social media account, Haifa congratulated Mazin on his appointment as CEO, adding: “It has been an absolute pleasure setting up EDO over the past two years, and serving as its Interim CEO. EDO is in absolutely good hands with Mazin at its helm. I also take this opportunity to thank the Board, as well as the team at EDO for their unwavering support during my tenure as the Interim CEO during the transition period.”
EDO was established in December 2020 to take over the Omani government's 60 per cent stake in Petroleum Development Oman’s (PDO) Block 6 oil and associated gas, and 100 per cent in PDO’s Block 6 non-associated gas and condensate. PDO continues to operate Block 6, and EDO, through PDO, is responsible for the bulk of the Sultanate of Oman's hydrocarbon output.
Following its establishment through Royal Decree 128/2020, the transfer of the Block 6 oil concession (Royal Decree 21/2021) and the granting of a new Block 6 gas concession (Royal Decree 43/2021), EDO has made substantial progress on its journey to become the country’s energy champion and to support the Sultanate’s economic diversification.
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