Viaro Energy has appointed Steve Jenkins as its non-executive chairman, following the departure of Roger Tucker.
Mr Jenkins stepped up from his role as a non-executive director, which he has held since 2020, with effect from Friday 27 March.
Meanwhile, Mr Tucker has stepped down and has left the company to pursue other interests having chaired the London-headquartered independent for two years, Viaro said.
Mr Jenkins was the founder and CEO of Nautical Petroleum, a heavy oil-focused E&P company which was sold for £414 million to Cairn Energy in 2012.
Prior to Nautical, Steve held a variety of senior roles at Nimir Petroleum, a private Saudi Arabian company with global exploration and production interests.
He also serves as chairman of Savannah Energy, the Oil and Gas Independents Association and Evoterra.
He has a B.Sc. in Geology from Queen’s University, Belfast and an M.Sc. in Petroleum Geology from Imperial College University of London. He is a Fellow of the Geological Society.
Viaro chief executive Francesco Mazzagatti commented: “I am delighted that Steve is taking the role of chairman and would like to thank Roger for his contribution to Viaro. He joined when the company purchased RockRose Energy two years ago and has been an important contributor to the progress that Viaro has made in establishing itself as a significant player on the UKCS since then, producing over 30,000 boepd.
“We wish Roger the very best for his future endeavours. I look forward to continuing to work with the board and senior team to build the company’s position further.”
Viaro has embarked on a string of acquisitions in recent years, including a £247m deal for RockRose Energy in 2020, and asset deals with the likes of SSE and Hague and London Oil.
Most recently it offloaded its non-operated share in the Foinaven field to BP, leaving the supermajor as the sole equity holder in the asset.