Chevron Names Saudi Veteran in Kuwait With Oil Fields to Reopen

  • Fields to reopen in first half of 2017: Kuwait oil minister
  • Wafra, Khafji fields can pump more than 500,000 barrels a day
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Chevron Corp. appointed veteran Saudi Arabian executive Ahmad Awad al-Omar as president of its operations in Kuwait as the two neighboring countries prepare to resume production from shared fields with capacity of more than 500,000 barrels a day.

Mohamed al-Marri will replace al-Omar as president of Saudi Arabian Chevron, Sally Jones, a spokeswoman for Chevron, said in an e-mailed response to a Bloomberg request for comment. Al-Omar spent 48 years at Saudi Chevron, including 18 years as president. Al-Marri was senior vice president of administration at the same company.