Shell says Ben van Beurden to step down, names Wael Sawan as new CEO

LNG giant Shell said that its chief executive officer, Ben van Beurden, would step down at the end of 2022. The firm appointed Wael Sawan as the new CEO.

According to a statement by Shell, Wael’s appointment is effective January 1, 2023, when he will also join Shell’s board of directors.

Shell said Ben van Beurden would continue working as adviser to the board until June 30, 2023, after which he would leave the group.

Ben joined Shell in 1983. He has been Shell CEO since January 1, 2014.

“It has been a privilege and an honor to have served Shell for nearly four decades and to lead the company for the past nine years,” he said in the statement.

“I have great confidence in Wael as my successor. He is a smart, principled and dynamic leader, who I know will continue to serve Shell with conviction and dedication,” he said.

Shell says Ben van Beurden to step down, names Wael Sawan as new CEO
Wael Sawan (Image: Shell)

Sawan is currently Shell’s director integrated gas, renewables and energy solutions, and was previously the upstream director.

He is based in The Hague and has been a member of Shell’s executive committee for three years.

“I’m looking forward to channeling the pioneering spirit and passion of our incredible people to rise to the immense challenges, and grasp the opportunities presented by the energy transition,” Sawan said in the statement.

Most Popular

Venture Global kicks off CP2 LNG site work

US LNG exporter Venture Global said it had initiated full mobilization and started site work at the company’s third LNG export facility, CP2 LNG.

Purus orders LNG carrier in South Korea

London-based Purus Marine has ordered one 180,000-cbm liquefied natural gas (LNG) carrier in South Korea.

Excelerate advances Vietnam LNG talks

US FSRU player Excelerate Energy is moving forward with its plans to supply Vietnam with liquefied natural gas (LNG) supplies from the US.

More News Like This

Shell takes FID on Aphrodite project to supply Trinidad’s Atlantic LNG

A unit of UK-based LNG giant Shell has taken the final investment decision for the development of the Aphrodite gas field to supply Trinidad and Tobago’s Atlantic LNG export plant.

Peru LNG terminal shipped five cargoes in May

Peru LNG’s liquefaction plant at Pampa Melchorita has shipped five liquefied natural gas cargoes in May, two more than in the previous month.

Shell shareholders re-elect CEO Wael Sawan

Wael Sawan will continue to lead London-based LNG giant Shell following shareholder voting at the company's annual general meeting on Tuesday.

Singapore’s FueLNG wraps up 400th STS bunkering operation

Singapore’s FueLNG, a joint venture consisting of Shell and Seatrium, has completed its 400th ship-to-ship (STS) LNG bunkering operation. FuelLNG delivered LNG to BYD Shenzen, which is said to be the world’s largest LNG-fueled car carrier.