Choo Chiau Beng and Loh Chin Hua, respectively CEO and CFO of Keppel Corporation, have been appointed to the board of KrisEnergy as non-executive directors. The appointments follow Keppel’s purchase of a further $115 million worth of shares in the Southeast Asia focused upstream oil & gas company, raising its stake in the company to 20%. KrisEnergy operates six out of 14 licences held in Cambodia, Indonesia, Thailand and Vietnam, covering 63,000km2 and with certified proven reserves of 14.4 million boe.
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