Having recently retired from Talisman Energy where he acted as Senior Vice-President and Country Manager of Malaysia, Mr. Aston's last 15 years in South East Asia have provided him with significant expertise in the region with one of the leading former independents in the region.
Mr. Aston has held senior financial and general management roles at leading operators in Malaysia, Indonesia and Myanmar, including Conoco, Cities Service, Elf Aquitaine (Total) and Premier Oil. Drawing on this experience, Mr. Aston brings advanced insight and a deep industry network from which the Tamarind team will benefit. Mr. Aston has also acted as President of the Indonesia Petroleum Association (IPA), Indonesia's industry representative body, during which time Mr. Aston was able to build an even stronger relationship between the industry and government.
"Ron Aston brings a great passion and invaluable network to the role," states Ian Angell, CEO of Tamarind. "I have greatly enjoyed working alongside Ron in Asia for the better part of the last fifteen years, and I look forward to building and continuing our strong relationship on behalf of Tamarind."
Blackstone Senior Managing Director, Angelo Acconcia said, "Ron's addition to the team and Tamarind Board further augments the significant expertise, successful track record, relationships and resources Tamarind has and can offer to its partners. He has a deep understanding of the region and set of relationships which will be important to Tamarind and its success as it continues to build its reputation, presence in the region and delivering on its commitment to being a best in class partner."
Mr. Aston holds an Honours Degree in Economics and Politics from the University of Leeds as well as being a graduate of Advanced Management Programme at INSEAD, Fontainbleau in France. Mr. Aston is also a Chartered Accountant and a distinguished Member of the Institute of Chartered Accountants England & Wales (ICEAW).
About Tamarind
Tamarind was recently established as a Blackstone portfolio company with a capital commitment of US$800 million from Blackstone private equity funds to focus exclusively on oil and gas in South East Asia. The Tamarind management team comprises of senior executives with significant experience across a range of basins in South East Asia, with a proven track record of delivering complex projects safely while creating significant value for their corporate partners and host governments. Tamarind will focus on growing production and reserves from producing oil and gas fields while efficiently developing discoveries and capturing exploration potential to build a high-quality portfolio.
Further information is available at www.tamarindenergy.com.
About Blackstone Energy Partners and Blackstone
Blackstone Energy Partners is Blackstone's energy-focused private equity business, with a successful record built on Blackstone's industry expertise and partnerships with exceptional management teams. Blackstone has invested approximately $8 billion of equity globally across a broad range of sectors within the energy industry.
Blackstone is one of the world's leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our asset management businesses, with almost $300 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets, and secondary funds, all on a global basis. Blackstone also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory, and fund placement services.
Further information is available at www.blackstone.com. Follow us on Twitter @Blackstone.
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Charlotte Bilney, Co-CEO, APAC
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+852-9327-3335
Reporter: PR Wire
Editor: PR Wire
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