Duqm Refinery and Petrochemical Industries Company (DRPIC) held its first Board of Directors’ meeting in Abu Dhabi at International Petroleum Investment Company’s (IPIC) headquarters. Ahmed bin Salim al Wahaibi, Chief Executive Officer (CEO) of Oman Oil Company (OOC), was appointed Chairman while Khadem bin Abdullah al Qubaisi, Managing Director of IPI, was chosen as Vice Chairman of DRPIC Board of Directors.
Other announcements include Christopher Wszolek assigned as project director, and that Shaw Energy andChemicals Limited selected as the Project Management Consultancy. The Board also approved the company’s budget for 2012. Ahmed bin Salim al Wahaibi said that the steps taken by the Board of Directors marks the start of work on the project and that the pace from now on will accelerate the join co-operation towards realising the objectives of the joint investment between OOC and IPIC.
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