Petronas keeps mum on identity of new chairman

Singapore

MALAYSIA'S national oil company Petronas confirmed on Monday the appointment of a new chairman is in the pipeline but stopped short of commenting on talk that Hassan Marican, who helms Sembcorp Marine's board, is being considered for the position.

Sidek Hassan retired as Petronas chairman, last Saturday, June 30, following the fulfilment of his extended three-year contract beginning July 1, 2015, Petronas said in a statement.