Mohamed Al Mehairi Chairman of Gulf Energy Maritime

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May 26, 2008, Dubai, United Arab Emirates - Dubai-based Gulf Energy Maritime (GEM), the Middle East’s largest independent commercial product tanker operator, has appointed Mohamed Al Mehairi as new chairman.

Mr. Al Mehairi has a bachelors degree in science & business administration and finance from the Suffolk University, Boston, U.S.A. Mr. Al Mehairi started his career with Abu Dhabi National Oil Company (ADNOC) in 1999, where he headed the Far East Area/Crude & Condensate Division for ADNOC. In August 2006 Mr. Al Mehairi joined IPIC as their Investment Manager in the Investment Management Division being quickly promoted to Division Manager, Evaluation & Execution Division for his intuitive decision making skills. Mr. Al Mehairi is also the Vice Chairman of Pak-Arab Refinery Ltd. (PARCO), Pakistan and the Co-Chairman of the Steering Committee Board, in Cosmo Oil, Japan.

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