Home / Orpic reappoints Nazar Al Lawati as CFO
Orpic reappoints Nazar Al Lawati as CFOby Slavka Atanasova on Oct 3, 2016
State-run Oman Oil Refineries and Petroleum Industries Company (Orpic) has reappointed energy finance expert Nazar Al Lawati to the role of chief financial officer (CFO).
The Omani national returns to the role after a short stunt at GlassPoint Solar, where he served as senior vice president of project development for the company’s international division since May 2016.
Al Lawati has over 20 years’ experience in the Gulf region, the majority of which he spent in financial management roles in oil and gas and consumer sectors.
During his tenure at Orpic he supported the company in securing major funding deals.
This included raising $3.8bn for Orpic’s Liwa Plastics Industries Complex Project, $2.8bn for the Sohar Refinery Improvement Project (SRIP) and $900mn in corporate debt.
Prior to that, Al Lawati worked with Royal Dutch Shell in Abu Dhabi where he was in charge of finance for the company’s non-operated ventures in Abu Dhabi and Pakistan.
He also held a number of financial roles with Unilever in the United Arab Emirates and Saudi Arabia.
- Muntajat expands polyethylene portfolio in Europe
- Aramco, Pertamina in JV development agreement
- Muntajat, Total sign marketing agreement
- Sadara, Rufayah Chemicals Company sign partnership
- Refining capacity rise to exceed demand: McKinsey
- Innovations to drive chemical industry growth
- Sadara fosters robust regional downstream industry
- Thyssenkrupp presents new technologies at GPCA
- Middle Eastern petrochemical industry to reshape
- Kuwait Petroleum to invest in Oman's Duqm refinery