– UK, London – Petrofac Limited (LON: PFC) today announced the appointment of Tareq Kawash to its Board of Directors as Group Chief Executive, effective from 1 April 2023, succeeding Sami Iskander who will leave the business at the end of March 2023.
“We are delighted that Tareq Kawash has agreed to join the Board as our new Group Chief Executive. Tareq joins us from McDermott, where he was most recently Senior Vice President of its Onshore and Offshore Business Lines, and a member of McDermott’s Executive Committee. With 30 years of international EPC leadership experience, and an impressive business development track record, Tareq is exceptionally well-placed to build on the foundations laid by Sami. We look forward to welcoming him to Petrofac,” said Board Chairman, René Médori.
About Tareq Kawash
Tareq Kawash joins Petrofac from McDermott, where he has worked for 21 years, most recently as Senior Vice President of its Onshore and Offshore business lines.
A strategic, high-performing leader with a wealth of operational and commercial experience, Tareq has worked in the engineering and construction industry for over 30 years and has completed domestic and international assignments for mega onshore and offshore oil and gas projects.
Tareq is fluent in Arabic and has extensive experience in the Middle East, having lived and worked there for 18 years. Before McDermott’s combination with CB&I in 2018, he was CB&I’s Group Vice President, Engineering and Construction, International. Before joining CB&I in 2000, he worked with KBR for two years and Consolidated Contractors Company for seven years.
Tareq Kawash said: “I have known Petrofac throughout my career and have always admired its unique execution capability. I look forward to leading the team in the next stage of its journey back to growth and leadership in the sector, building on the excellent progress Sami has made.”
Tareq has a Bachelor of Science in mechanical engineering from Tufts University and a Master’s Degree in mechanical engineering from the University of Virginia.
Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s top energy companies.
Petrofac designs builds, manages, and maintains oil, gas, refining, petrochemicals, and renewable energy infrastructure. We aim to enable our clients to meet the world’s evolving energy needs.
Petrofac’s core markets are in the Middle East and North Africa region and the UK North Sea, where we have built a long and successful track record of safe, reliable, and innovative execution, underpinned by a cost-effective and local delivery model with a strong focus on in-country value. We operate in several other significant markets, including India, South East Asia, and the United States. We have 8,200 employees based across 31 offices globally.
For more information: https://www.petrofac.com/
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