Cobalt appoints Cameia executive VP

Cobalt International Energy appointed Shashank V. Karve as executive vice president, Cameia development.

Karve joined Cobalt in December 2014, and is accountable for execution of the Cameia development project to production, ensuring safe, cost efficient and timely delivery of Cobalt's Cameia project in Angola Block 21.

Karve has experience in executive management and project delivery, having held the position of chairman & CEO for MODEC International Inc. He was also the managing director and chief operating officer of the publicly traded parent company in Tokyo, MODEC Inc., where he held profit and loss responsibility for the corporation. His responsibilities included global project development, engineering, execution, installation and operations of floating systems and he has led a multi-disciplinary global organization. Karve brings decades of international experience designing and completing global projects safely and on time in challenging and low cost environments without sacrificing operability.

Karve will be based in Cobalt's Houston headquarters.