DnB NOR’s Asia Energy Team Adds Sekkat

press release
Monday, October 17, 2011
Omar Sekkat, DnB Senior vice President, Energy Division

Omar Sekkat has joined DnB NOR’s energy division at the bank’s Asian headquarters in Singapore. He comes to the role after transferring from DnB NOR in London. Mr Sekkat’s appointment as a Senior Vice President of the energy division at DnB NOR Asia takes immediate effect and his role is to contribute to the bank’s ongoing expansion in Asia Pacific within energy finance.
 

Omar Sekkat said today: “It is with great anticipation that I undertake this role and I look forward to working with my team to develop further the bank’s client base in Asia. From Oil & Gas to Power and Renewables, we definitely see the growth potential in Asia-Pacific and playing an increased role here within selected segments forms part of our international ambitions to become a leading global energy bank.”
 

Mr Sekkat has a strong track record stretching over several years at DnB NOR. He was previously Senior Vice President in Project Finance and prior to that Head of Global LNG Shipping, Offshore & Logistics. Having led transactions aggregating more than USD 8.5 billion, he is a familiar face to the bank’s clients as financial advisor and arranger of capital (including debt, ECAs and equity) and risk management solutions.
 

Lars Ellegård, Regional Head of Asia for Energy and Corporates said: “I am very pleased to have Omar Sekkat in the team. His solid experience in project financing and international business development will be a boost to the growing energy team in Singapore.”
 

Erik Borgen, DnB NOR’s Head of Asia said: “We warmly welcome Omar Sekkat to the Asia team. With Omar’s track record of dealing with clients at a very senior level on multi-national, cross-border projects, he is a significant addition to our staff strength in the Asia region.” Prior to joining DnB NOR in 2006, he worked as a Research Engineer and in several consultancy roles in Europe, the Middle East and Japan. Omar holds a Masters Degree in Mechanical Engineering from the Swiss Federal Institute of Technology and a Specialist Masters Degree in Energy, Trade & Finance (with Distinction) from Cass Business School, a leading UK business school.


People & Company News

MN100: R.W. Fernstrum & Company

The Company: R.W. Fernstrum & Company set the standard in marine heat exchangers over 65 years ago, building a reputation focused on innovation. Today, its commitment is to continual improvement,

MN100: McDonough Marine Service

The Company: Bernard P. McDonough created the company in 1945 by leasing barges from his construction company into the marketplace. Through a series of new and used barge additions,

MN100: MarineCFO

The Company: Founded in 1992, UA Business Solutions was a pioneer in the field of Enterprise Resource Planning (ERP) and an early Microsoft Partner. The ERP evolution

Finance

China COSCO Falls to H1 Net Loss

China COSCO Holdings Co Ltd fell to a first-half loss hurt by a persistent slump in the global container market, the world's fourth largest container shipper said on Thursday.

Weak Freight Rates push Grindrod to H1 loss

Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects

Cosco Eyes Spanish port of Algeciras

Algeciras Bay Port Authority in southern Spain has put up a tender for its third container terminal, and China's Cosco Shipping Ports is already being mentioned as a fore runner candidate,

Energy

J.F. Lehman Acquires Oldenburg's Heavy Equipment Group

J.F. Lehman & Company (JFLCO) informs it has signed a definitive agreement with Oldenburg Group Incorporated to acquire its Heavy Equipment Group, including both its defense and mining business units.

Wärtsilä Re-gasification system for Norwegian Ship Conversion

Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel.

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1509 sec (7 req/sec)