Circle Oil appoints new general manager in Egypt

Circle Oil announced Monday the appointment of Hassan Hataba as General Manager of the company's Egypt operations.

Circle Oil announced Monday the appointment of Hassan Hataba as General Manager of the company's Egypt operations.

Hataba will take over from Tarek Elbarkatawy who resigned as general manager and has accepted a role as First Undersecretary for Exploration and Agreements at Egypt's Ministry of Petroleum.

Hataba, who has also worked for Egypt's Ministry of Petroleum, has 37 years of oil and gas experience including at the Suez Gulf Petroleum Company and the Egyptian General Petroleum Corporation. He studied geology at Cairo Univeristy and was Chief Geologist at Gupco.

Chris Green, Chief Executive Officer of Circle Oil, said: "We sincerely thank Tarek for his contribution over the last year and wish him every success in his new appointment in the Ministry of Petroleum. We in turn welcome Hassan to the Circle management teams we continue our strategy to strengthen our management on the ground in the countries in which we operate.

"With his extensive experience and local knowledge of Egypt we look forward to Hassan's contribution to Circle's growth in Egypt and the Middle East and North Africa region. Hassan's existing role within Circle provides him with an excellent working knowledge of our Egyptian operations and will enable a seamless transition between him and Tarek."

Hataba will start his new role at the oil and gas exploration company on January 1st.

RD

Recommended

How to profit from India’s high-tech recovery
Share tips

How to profit from India’s high-tech recovery

Professional investor David Cornell of the India Capital Growth Fund, selects three of his favourite Indian stocks to buy now.
27 Sep 2021
Share tips of the week – 24 September
Share tips

Share tips of the week – 24 September

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
24 Sep 2021
Three strong Asian stocks trading at bargain prices
Share tips

Three strong Asian stocks trading at bargain prices

Professional investor Nitin Bajaj of the Fidelity Asian Values investment trust picks three stocks that dominate their industries, earn good returns o…
20 Sep 2021
Why it pays to face up to your investment mistakes
Investment strategy

Why it pays to face up to your investment mistakes

Buying stocks can be a complicated business. But selling stocks can be tricky, too – even if you sell for the right reasons. Max King explains how to …
17 Sep 2021

Most Popular

A nightmare 1970s scenario for investors is edging closer
Investment strategy

A nightmare 1970s scenario for investors is edging closer

Inflation need not be a worry unless it is driven by labour market shortages. Unfortunately, writes macroeconomist Philip Pilkington, that’s exactly w…
17 Sep 2021
Two shipping funds to buy for steady income
Investment trusts

Two shipping funds to buy for steady income

Returns from owning ships are volatile, but these two investment trusts are trying to make the sector less risky.
7 Sep 2021
What really causes inflation? Here’s what prices since 1970 tell us
Inflation

What really causes inflation? Here’s what prices since 1970 tell us

As UK inflation hits 3.2%, Dominic Frisby compares the cost of living 50 years ago with that of today, and explains how debt drives prices higher.
15 Sep 2021