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Thursday, 2 June 2016

Apache suing former head of Egypt operation over “trade secrets”

Apache is suing its former Egypt boss in a Texas court, alleging that Thomas Maher left the company with “trade secrets” to set up rival firm Apex, according to Energy Voice. Apache claims Maher downloaded over 230k documents to nine USB storage devices before he left the firm on May 9. “The alleged downloaded information is thought to include 3-D seismic surveys, documents related to Apache’s developed and undeveloped wells on Egyptian lands, and strategies for obtaining key concessions and contracts with the Egyptian government.” A judge has approved a temporary restraining order in the case, barring Apex and Maher from using any Apache-owned information. A hearing in the case is scheduled for 20 June.

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