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STOMO appoints Mike Maudsley as General Manager

: Monday, July 14 - 2014 @ 11:07

Mike Maudsley has been appointed as General Manager for STOMO in Oman and will be responsible for the Company’s operations in the Sultanate.

Mike joins STOMO from the UK where he was Station Manager for the Deeside and Shotton CCGT power stations. Prior to this, Mike has spent 20 years in a variety of Power Industry roles covering Engineering Development, Construction and Commissioning of CCGT and CHP plants, Energy Trading and Operations of Coal, Gas and Pumped Storage Power Stations.

Commenting on his first stint in the Middle East, Mike said, “STOMO, in Oman has gained a well-earned reputation as the leading operations and maintenance provider in the Energy and Power sector. I am excited to undertake the role of General Manager in the Sultanate, where the Company has already spearheaded exceptional projects, and look forward to moving forward in line with STOMO’s vision to maintain our position as a market leader for the operations and maintenance of power plants throughout the Middle East.”

Mike will report to the Board of STOMO and will closely interact with the Company’s share-holders to benefit from their huge pool of resources and expertise in related fields and strong presence in the Middle East, coupled with a diversified portfolio of IPPs/IWPPs.

Mike stated further, “In addition to my wealth of technical power plant experience, I also hope to utilise my extensive Power Trading background and Electricity Market knowledge for the potential future deregulations of Oman’s electricity system.” As a part of his role, Mike will also interface with Johan Van Kerrebroeck, the GDF Suez Head of Asset Management in KSA, Oman & Qatar.

A graduate from the Aston University in the UK, Mike holds a Bachelor’s degree in Electro-Mechanical Engineering and has also gained an MBA from Aston Business School. He is a Chartered Engineer and is also a Fellow of the Institute of Mechanical Engineering.

STOMO is an affiliate of GDF Suez, the world’s third largest power generator and leading power generator in the Middle East – North Africa region. The plants that STOMO operates are responsible for producing ~3700MW (~65%) of Oman’s Electricity and ~270,000 m3/day (~50%) of Oman’s drinking Water. SOGEX Oman, a company participating in supply, construction, and O&M services is STOMO’s 30% shareholder, while GDF Suez is a 70% shareholder.

STOMO’s assets include the Barka II Power and Desalination Plant is located approximately 50km northwest of Muscat on the Arabian Peninsula, owned by SMN Barka Power Company SAOG. The Barka III Combined Cycle Power Plant is located approximately northwest of Muscat on the Arabian Peninsula beside the Barka II IPWP and is owned by Al Suwadi Power Company SAOC. The Al Rusail Power Station is located inland 40km west of Muscat in the Rusail Industrial Park and is owned by Al Rusail Power Company SAOC, another subsidiary of SMN Power Holding SAOG. The Manah Power Plant (MPP) is located approximately 180km Southwest of Muscat and 20km south of Nizwa and is owned by United Power Company SAOG. The Sohar I Power and Desalination plant is located approximately 200km from Muscat on the Batinah Coast of the Sultanate of Oman. The Sohar I Power and Desalination Plant is a publicly traded facility fully owned by Sohar Power Company SAOG. The Sohar II Combined Cycle Power Plant is located approximately 200km from Muscat on the Batinah Coast of Oman beside the Sohar-1IPWP and is owned by Al Batinah Power Company.

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Monday, July 14- 2014 @ 11:07 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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