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Orpic CEO steps down

MUSCAT, June 15, 2016 – State-owned Oman Oil Refineries and Petroleum Industries Company (Orpic) on Wednesday made public CEO Musab Al Mahruqi’s intention to step down as the company’s chief executive.

 

Orpic announced Al Mahruqi’s decision on Twitter, saying the company’s board of directors had accepted it. Further posts stated that he would be leaving his post by year-end 2016 at the latest. In the meantime, the Orpic board of directors will be looking for a new CEO.

Orpic is working to to increase Oman’s fuel production capacity to 13 million tonnes per year, up from around 4.2 million tonnes per year.

For more oil and gas news and features on Oman, click here.

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