London-listed Premier Oil this morning announced the proposed appointment of three additional directors to its board.
Premier said Alan Ferguson, Andy Hopwood and Margareth Ovrum would be appointed with effect from completion of the firm’s reverse takeover by Chrysaor, expected by the end of the first quarter.
They will serve as independent, non-executive directors.
Premier and Chrysaor said in October that the enlarged business’ board would comprise 11 directors, including six independent non-executive directors, two non-executive directors to be appointed by Chrysaor’s largest shareholder Harbour and three executive directors.
Last month, they announced EIG chief executive Blair Thomas would be chairman of the combined group, which would be named Harbour Energy.
They also said that, in addition to group CEO Linda Cook and Europe CEO Phil Kirk, the board would include, Simon Henry, Anne Stevens, Anne Marie Cannon and G. Steven Farris.
A new chief financial officer is expected to be completed before the deal is wrapped up.
Ms Ovrum has nearly 40 years of experience in the energy industry. She worked for Equinor and its predecessor companies from 1982 until January 2021, and held multiple business unit and central management positions within the company.
She was the first female and youngest platform manager of one of the company’s oldest fields in the North Sea, Gullfaks, and sat on the company’s corporate executive committee for 16 years.
Since 2004, she has been an executive vice president of Equinor and has experience in HSE, technology, renewables, major projects, procurement and drilling, amongst others.
In 2018, Ms Ovrum moved to Brazil to preside over Equinor’s operations in the country.
She has served as a non-executive director at TechnipFMC since October 2020, where she also sits on the environmental social and governance committee.
Mr Hopwood has 40 years’ experience in the global oil and gas industry gained during his long association with BP.
He retired from BP at the end of 2020, having spent the last 10 years as executive vice president, serving on both the BP group executive team and as chief operating officer of upstream.
He was responsible for upstream strategy, portfolio and leading the regional business leaders.
Prior to joining BP’s executive team, Andy held several positions leading BP’s businesses: in the onshore North America, in Trinidad and Tobago and in Azerbaijan.
He has also held various commercial, operational and engineering roles in a wide range of geographies including in the North Sea, Venezuela, Mexico and Indonesia.
Mr Ferguson has more than 20 years of executive experience in the mining and automotive industries.
He has been a non-executive director of Johannesburg and New York listed AngloGold Ashanti since 2018, where he chairs the audit committee.