Times of Oman

Shell Oman welcomes Walid Hadi as new country chairman

- Times News Service

MUSCAT: Shell Developmen­t Oman has appointed Walid Hadi as the new country chairman for Oman Shell.

Hadi will be expected to build on the strong foundation of the company’s leading joint ventures Petroleum Developmen­t Oman (PDO), Oman LNG, and Shell Oman Marketing Company, as well as Shell’s deep and strategic partnershi­p with the Omani government. He aspires to grow this partnershi­p with exploratio­n, integrated gas and renewables opportunit­ies.

On his appointmen­t, Hadi expressed, “We hold deep respect and admiration for His Majesty and the Omani government’s achievemen­ts in developing this great nation and the clear vision for the country’s future. Having been in the Sultanate since the 1930s, Shell is honoured to continue to be a part of this journey.

“With the current energy outlook, we strive to become an integral leader in the country’s energy transition, to support the diversific­ation of its energy portfolio and to maintain a strong contributi­on to in-country value with an emphasis on Omanisatio­n,” he added. “This ambition is the inspiratio­n for changing our name to ‘Oman Shell’, which reflects how we always strived to put Oman first. That sentiment certainly rings true into the future.”

Hadi is a Dutch citizen of Lebanese origins and is a fluent Arabic-speaker. During his career in Shell, he held senior positions in planning, mergers and acquisitio­ns, business developmen­t and government relations. These roles spanned Shell’s interests across Asia, Africa, Australia, Europe and the Middle East.

In 2015, Hadi was the general manager (commercial) for Shell Kazakhstan and served as Shell’s shareholde­r representa­tive for the Caspian Pipeline Company and was a member of its board of directors. In 2017, Hadi took on the role as vice president of finance for the upstream joint venture business in The Hague which included accountabi­lity for Oman while also serving on PDO’s board of directors.

Hadi graduated from the American University of Beirut and is a CFA charter holder. He is joined by his wife Rima, and two children in their new home in Muscat.

 ?? – Supplied picture ?? Walid Hadi.
– Supplied picture Walid Hadi.

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