The UK boss of Neptune Energy’s UK business has been appointed to head up the firm’s European operations.
Pete Jones, Neptune’s current UK managing director, will become vice-president of operations for Europe.
Reporting to chief executive Jim House. Mr Jones will continue to oversee operations in the UK until a successor for his former role is appointed.
Mr House said: “Pete’s energy, passion and vision have been key to driving success in our UK business and we look forward to him growing our European operations, which include key projects in the UK and Norway.
“By splitting the global operations role, we will bring enhanced focus on our key regions at an important time for the business that will see us delivering an extra 100 kboepd in the coming years.”
Neptune bought 35% of the Seagull and 50% of Isabella projects from Apache Corporation last year.
It also said in August that with the Oil and Gas Authirity’s 32nd licensing round now open, it is seeking further acreage in the central North Sea around Seagull and the southern sector for Cygnus.
Mr Jones confirmed the plans at the time, saying: “Cygnus, Seagull and exploration is what we’re focussed on.
“It is a lot to work on but there is a lot of opportunity, which I’m excited about.”
It was also announced that Philip Lafeber will join the executive management team at Neptune in his current role as vice-president of Operations for North Africa and Asia Pacific.
Outgoing vice-president for operation in Africa, Bruce Webb, will leave the business.