Serica Energy plc has acquired the Lancaster field following its completed £14.5 million acquisition of Prax Upstream Ltd from Prax Exploration & Production. COMPANY MOVES The company also assumed PUL’s cash balance, equivalent of $34m (£25.4m), of which $12m (£9m) is restricted to cover demobilisation of the Aoka Mizu floating production, storage and offloading vessel. […]
Tag: company moves
Harbour appoints Gregory Hill as NED
Harbour Energy plc has appointed Gregory Hill as an independent non-executive director on the board, effective from 1 January 2026. Shareholders will vote on Mr Hill’s election at the company’s 2026 general meeting. He is expected to serve on the audit & risk and health, safety, environment & security committees. Mr Hill’s global energy leadership […]
Tungsten West appoints Phil Povey as CFO
Tungsten West plc has appointed current interim chief financial officer Phil Povey permanently to the post and as an executive director on the board, with immediate effect. Mr Povey has more than 18 years’ international experience in mining and mining services, covering financial management, commercial strategy and operational leadership. He has proven ability to build […]
Tullow chairman steps down in board overhaul
Tullow Oil plc chairman and non-executive director Phuthuma Nhlekohas has stepped down with immediate effect, to focus on “other business interests”. His departure is one of a series which includes independent NEDs Genevieve Sangudi, Martin Greenslade and Mitchell Ingram who also leave immediately. The company has appointed Roald Goethe as the new independent non-executive chairman […]
Panther appoints Katherine O’Reilly as CFO
Panther Metals plc has appointed Katherine (Katie) O’Reilly to the company’s executive board as chief financial officer, with immediate effect. Ms O’Reilly’s experience covers finance, commercial, legal and human resources to support companies through all stages of their life. She began her career as an auditor before moving into corporate finance, spending 11 years working […]
Parkmead appoints Douglas Sedge as NED
The Parkmead Group plc has appointed Douglas Sedge as an independent non-executive director. He will also chair the company’s audit committee and serve as a member of the remuneration committee. Mr Sedge has more than 40 years’ experience in the energy sector within the UK and across numerous other countries. He has held senior executive […]