EnQuest plc has appointed Gareth Penny as non-executive chairman, effective from today. He replaces Martin Houston whose departure was announced in June. “The board would like to thank Martin Houston for his important contribution to the company during his chairmanship,” said EnQuest in a statement. GARETH PENNY On joining the board, Mr Penny will also […]
Tag: EnQuest plc
EnQuest agrees refinancing of $792m senior notes
EnQuest plc has agreed a successful refinancing of its existing $792.3 million senior notes due 2023. AGREEMENT The company, with oil and gas projects in the UK North Sea and Malaysia, priced the offering of new $305m 11⅝% senior notes due 2027, which were due for settlement on 25 October 2022, at an issue price of […]
EnQuest chairman Martin Houston to step down
EnQuest plc’s non-executive chairman Martin Houston is to step down to focus on his other business interests. Mr Houston, who has held the post since 1 October 2019, will leave once the company finds a successor. EnQuest said that under Mr Houston’s leadership, the company made good progress against its strategic objectives, particularly with year-end […]
EnQuest appoints Salman Malik as CFO
EnQuest plc has appointed Salman Malik as chief financial officer (CFO) and an executive director. Mr Malik is currently the company’s managing director – corporate development, infrastructure and new energy as well as a member of the executive committee. He will succeed Jonathan Sweeney who is due to join Tullow Oil plc later his year. […]
EnQuest CFO Jonathan Swinney moves to Tullow
EnQuest plc founding chief financial officer (CFO) and executive director Jonathan Swinney will leave the company to take up the same posts at Tullow Oil plc. Richard Miller, currently Tullow group financial controller, will act as interim CFO until Mr Sweeney joins the company later this year. Mr Swinney has extensive oil and gas and […]
EnQuest appoints Rani Koya as board NED
EnQuest plc will appoint Rani Koya as a non-executive director of the board with effect from 1 January 2022. She will become a member of the technical and reserves committee. Ms Koya has more than 20 years’ experience working within large multinational, independent and start-up energy companies. These include Shell International, Hess and Tullow and […]