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Al-Falih Named Senior VP for Aramco

Source: www.gulfoilandgas.com 7/27/2004, Location: Middle East

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DHAHRAN, July 27, 2004 -- Khalid A. Al-Falih was elected senior vice president, effective Aug. 1, at the July 22 Board of Directors Executive Committee meeting.

Al-Falih joined the company in 1979 and was sponsored to study at Texas A&M University in College Station, earning a BS degree in mechanical engineering in 1982.

During the next decade he worked in Project Management as a senior project engineer. His various assignments included working with the Qasim Refinery Project, Ras Tanura Refinery Modernization Project, the Ju'aymah Gas Plant Recovery Project and the Berri Gas Plant Upgrade Project among others.

During this time, he also pursued his part-time studies for an MBA at King Fahd University of Petroleum and Minerals, receiving his degree in 1991.

He joined the Consulting Services Department (CSD) in 1992 and supervised several technical units. In 1994 he became coordinator, Mechanical and Civil Systems Division. Al-Falih was then named manager of CSD in January 1995.

He was assigned as manager, Ras Tanura Refinery Maintenance Department in late 1995; manager, Ras Tanura Refinery Operations Department, in 1997; and manager, Business Analysis Department, in 1998.

In July 1999, he became president of the Petron Corporation, a joint venture between Saudi Aramco and the Philippine National Oil Company.

He returned to the Kingdom in September 2000 to serve as vice chairman on the Saudi Aramco Study Team for Gas Ventures, until his appointment as vice president of Gas Ventures, Development and Coordination in May 2001.

During this time he played an instrumental role in the negotiations with the international oil companies (IOCs) in connection with the Kingdom's Natural Gas Initiative. Ultimately, four joint ventures between Saudi Aramco and various leading IOCs were consummated.

In early 2003, Al-Falih headed a newly formed administrative area, New Business Development, and in April 2004 became Exploration vice president, before being named senior vice president.

He also serves as the Chairman of the Board of the newly formed South Rub' Al-Khali joint venture between Shell, Total and Saudi Aramco.


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