Wed 15 Mar 2017 10:16

Gulf Petrochem makes strategic appointment


Former Bharat Petroleum executive director, Rakesh Mehra, joins UAE firm.



Gulf Petrochem on Wednesday announced that its board of directors has appointed Rakesh Mehra as Strategic Advisor.

Prior to joining the UAE-headquartered firm, Mehra held a number of executive director positions at Bharat Petroleum Corporation Ltd, where he headed the pipelines division, international trade department and corporate planning.

Mehra was also a board member at Bharat Matrix - a joint venture between Bharat Petroleum and Germany's Matrix Marine.

In his previous role, Mehra oversaw the import of roughly 28 million tonnes of crude oil for Bharat Petroleum's group of refineries. This also incuded the export of petroleum products, commodity hedging across international markets and independent shipping chartering.

In a statement, Gulf Petrochem said: "With over 35 years experience in the oil industry encompassing refinery operations, marketing, inbound and outbound logistics, biofuels, international trading and commodity risk management, Mehra will oversee Gulf Petrochem Group's strategic expansion plans while improving profitability along with the group's global brand."

Manan Goel, Group Director at Gulf Petrochem, remarked: "Rakesh Mehra brings with him a wealth of experience as witnessed by his accomplishments at Bharat Petroleum. His appointment is a strategic complement to our group, ensuring our global expansion plans and global reputation remain to the highest standards along with looking at ways to continue our development for us to realise our long-term objectives as a group."

Commenting on his appointment, Rakesh Mehra said: "I have witnessed the group's exponential growth from afar, and when the opportunity arose to join the group and develop the $2.5 billion business further, it was a challenge that I could not turn down. With a truly global presence across its businesss units consisting of bunkering, trading, refining, shipping and storage, the group is extremely well positioned to cope with the current market dynamics and prosper into the future."


Palace of Westminster, London. UK government commits GBP 448m to maritime decarbonisation research programme  

UK SHORE funding aims to accelerate clean shipping technologies through 2030.

Header image for ABS 2025 Sustainability Outlook, Beyond the Horizon: Vision Meets Reality. ABS chief urges IMO to pause net zero framework over fuel availability concerns  

Christopher Wiernicki says LNG and biofuels are 'mission critical' to shipping decarbonisation success.

Quadrise production process — illustration. Quadrise appoints veteran Peter Borup as CEO to drive commercialisation  

Former Maersk executive to lead decarbonisation technology company from October 1.

HMS Bergbau logo. German commodities trader HMS Bergbau enters marine fuels market  

Company acquires experienced team to trade bunkers and lubricants globally.

Product tanker Artizen, owned by Hong Lam Marine. Hong Lam Marine takes delivery of Artizen tanker in Japan  

Singapore-based firm receives new vessel from Kegoya Shipyard.

Birdseye view of containership. Panama Canal launches NetZero Slot to incentivize low-emission transits  

New reservation category prioritizes dual-fuel vessels capable of using alternative fuels from November.

Van Oord's Vox Apolonia. Van Oord deploys bio-LNG dredger for Dutch coastal project  

First bio-LNG-powered trailing suction hopper dredger operation begins in the Netherlands.

Model testing for Green Handy methanol-powered vessel. Methanol-fuelled Green Handy ships pass model tests ahead of 2026 construction  

Baltic carrier reports model testing exceeded performance targets for 17,000 dwt methanol-powered vessels.

Miguel Hernandez and Olivier Icyk at AiP for FPSO. SBM Offshore's floating ammonia production design gets ABS approval  

Design converts offshore gas to ammonia while capturing CO2 for maritime and power sectors.

Philippe Berterottière and Matthieu de Tugny. GTT unveils cubic LNG fuel tank design for boxships with BV approval  

New GTT CUBIQ design claims to reduce construction time and boost cargo capacity.