Star Energy Group plc has appointed Anthony White MBE to the board as an independent non-executive director with immediate effect. Dr White, who joins the audit committee, has more than 35 years’ experience in international power markets and low carbon economy from capital markets analytical and industry strategy roles. He has been involved in developing […]
Company Moves
Harbour to acquire Wintershall Dea’s assets
Harbour Energy plc has agreed to acquire Wintershall Dea AG’s upstream assets for $11.2 billion. RESERVES The German company’s portfolio includes its upstream assets in Norway, Germany, Denmark, Argentina, Mexico, Egypt, Libya and Algeria as well as Wintershall’s CO2 capture and storage licences in Europe. The transaction, Harbour’s fourth major acquisition, will add 1.1bn boe of 2P […]
Europa appoints Simon Ashby-Rudd as NED
Europa Oil & Gas (Holdings) plc has appointed Simon Ashby-Rudd to the board as independent non-executive director with immediate effect. Mr Ashby-Rudd’s experience in upstream energy includes 30 years in investment banking at large financial institutions including Dresdner Kleinwort Benson, Citigroup and Standard Bank where he was global head of oil & gas. He was […]
CMR chair Christopher Lambert leaves
Critical Mineral Resources plc chairman Christopher Lambert has left the board of directors with immediate effect. The company said that the board was considering his replacement. The Moroccan-focused company also announced the appointment of general manager Noureddine Sabraou as chief operating officer also with immediate effect. Mr Sabraou is a geologist in the Moroccan mining […]
Horizonte confirms chairman and interim CEO
Horizonte Minerals plc today confirmed Paul Smith as a non-executive director and chair and Karim Nasr as an executive director and interim chief executive, effective immediately. Both were previously proposed as part of changes following board resignations including former CEO and company co-founder Jeremy Martin. Mr Nasr has temporarily stepped down from his day-to-day executive […]
EnQuest NED resigns due to EU law
EnQuest plc non-executive director and senior independent director Karina Litvack has resigned due to an “unexpected conflict” arising through EU laws. The company said that the bloc’s “unbundling directive” prohibited any director of a European power transmission company from also serving on the board of an upstream operator. Ms Litvack, who was appointed to the […]