King Salman Energy Park (Spark), a leading industrial hub at the heart of global energy markets, has appointed Nasir Al-Naimi as Chairman.
His appointment supports Spark's strategic ambition to localise the region’s energy value chain and further operationalise its integrated masterplan.
Bringing a wealth of experience from across the energy and logistics sectors, Al-Naimi will oversee the Board of Directors’ activities, leveraging his deep expertise in upstream oil and gas to guide Spark as it embarks upon the next phase of its development. Al-Naimi will lead forward Spark’s ambitions to support the Kingdom’s endeavours to become a global hub for trade, transport and logistics solutions and services, a statement said.
He succeeds Mohammed Y Al Qahtani, who served as Spark Chairman for the past five years.
Al-Naimi said: “It is a privilege to be appointed as Chairman of Spark. I look forward to this opportunity to further build on the momentum that Spark has been able to create since its inauguration in 2018. I hope to bring my expertise and understanding of nuanced dynamics within the energy sector to complement and strengthen Spark’s ability to connect the world to opportunities in the sector within the Kingdom of Saudi Arabia.”
Al-Naimi is currently the Upstream President at Aramco and the previous Chairman of Saudi Aramco Upstream Technology Company. He has also held board positions at Saudi Aramco Mobil Refinery Company Limited, the Arabian Drilling Company, as well as Saudi Aramco Energy Ventures and the Saudi Aramco Technology Company. - TradeArabia News Service