Friday 13 February 2004

UKOOA CONFIRMS NEW FISCAL AND GAS APPOINTMENTS

The UK Offshore Operators Association (UKOOA), the trade body representing offshore oil and gas producers in the United Kingdom, has appointed two managers to its Economics and Commercial Directorate to handle fiscal and gas affairs.

David Odling, who has been with the Association since November 1998, is confirmed in his role as Gas and Commercial Issues Manager, while Agustin Rivara starts with UKOOA as Fiscal Issues Manager on 23 February. Both posts report to Economics and Commercial Director Mike Tholen and are based in London.

UKOOA Chief Executive Malcolm Webb said:

I am delighted to confirm these two key appointments for UKOOA. David and Agustin will provide the necessary high level of technical expertise which will enable the Association to engage more fully in two areas of strategic importance to the UK oil and gas industry; taxation and natural gas.

The appointments strengthen the UKOOA team and place it better to serve the diverse interests of our members as oil and gas development on the UK Continental Shelf moves through the mature phase of its life.

Ends

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Notes to editors

1. The UK Offshore Operators Association (UKOOA) is the representative organisation for oil and gas companies licensed by the UK government to explore for and produce hydrocarbons offshore around the British Isles. It currently has 30 members.

2. David Odling has spent over 25 years in the oil and gas industry. A mechanical engineer by profession, David is a past Chairman and Board member of the Offshore Contractors Association, and served on the Health and Safety Commissions Oil Industry Advisory Committee. He was a leading player in the Industrys CRINE (Cost Reduction in the New Era) initiative and is currently Chairman of the Standard Contracts Committee which operates under LOGIC.

3. Agustin Rivara is a professional economist who has studied in both Argentina and the UK. He has worked in a range of consultancies with strong experience of the energy industry.