Independent Oil and Gas plc has announced that its chief operating officer, Mark Hughes, is retiring for health reasons after a career spanning more than 40 years with Shell, Lasmo, Gaz de France, RWE Dea UK, INEOS Breagh and latterly IOG.
Chief executive Andrew Hockey said: “Since he joined IOG in April 2018, Mark has played a key role in its development, guiding the Phase 1 project through the first year of implementation since final investment decision and delivering the company’s first approved field development plan.
“He has also been instrumental in recruiting and overseeing the experienced development and subsurface teams that are executing Phase 1 as well as planning future phases of growth.
“We wish Mark the very best in his future retirement and are extremely grateful for all his dedication and expertise over recent years, which have helped to lay the foundations for IOG to become a successful UK operator and material gas producer.”
Mr Hughes has agreed to continue to be available in an advisory role as needed to ensure a smooth transition.
The selection process for his successor has started and IOG expects to appoint a new COO in due course.