BREAKING NEWS

BREAKING NEWS

Shell appoints Sawan upstream boss, replacing Brown

Shell appoints Sawan upstream boss, replacing Brown
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BRUNO KELLY(Reuters)
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LONDON (Reuters) - Royal Dutch Shell <RDSa.L> has appointed Wael Sawan to head its oil and gas production division, replacing Andy Brown who will step down after 35 years at the Anglo-Dutch company.

Sawan, a Canadian citizen of Lebanese origin, currently heads Shell's deepwater operations, one of the company's cash growth engines in recent years. He joined Shell in 1997.

Brown, 56, will remain a member of Shell's executive committee until his departure on September 30, Shell said in a statement.

"I am grateful to Andy for his strong leadership of the Upstream business, particularly having improved business performance during the recent years of low oil prices," Chief Executive Officer Ben van Beurden said in a statement.

Shell produced nearly 3,600 barrels per day of oil and gas equivalent in the third quarter of 2018.

(Reporting by Ron Bousso; editing by Jason Neely)

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