Gas Oil

Klappa resigns as Addax Petroleum MD, Chen takes over

By Olamilekan FAWAS

Addax Petroleum Development Nigeria Limited, a Chinese oil firm, on Wednesday announced the resignation of its Senior Vice President/ Managing Director, Mr Colin Klappa.

Addax’s General Manager, External and Government Affairs, Mrs Dorothy Atake, made the disclosure in a statement in Lagos. Atake said Mr Yonghong Chen, the company’s Deputy Managing Director (Operations), would be the Acting Managing Director with effect from June 18.

She said that Klappa resigned to pursue other interests.

Related posts

NNPC seeks clarification on proposed Petroleum Asset Management Company

Editor

Oil price crash: prepare for tough time ahead, NNPC boss urges

Our Reporter

Fed Govt warned against subsidy removal

Our Reporter

NUPRC rejects Shell’s $1.3bn onshore asset sale to Renaissance Consortium

Editor

NLNG rolls out health insurance scheme for Bonny residents

By Kunle SHONUGA

Navy uncovers illegal crude oil market in Rivers community

Our Reporter