BW Energy: Appointment of Chief Financial Officer
28 Maggio 2024 - 6:30PM
BW Energy: Appointment of Chief Financial Officer
BW Energy: Appointment of Chief Financial
Officer
BW Energy Limited has appointed Brice Morlot as Chief Financial
Officer (CFO) effective from 30 June 2024. Mr. Morlot succeeds Knut
R. Sæthre, who has been the CFO of BW Energy since 2019,
contributing significantly to the company's financial stewardship
and strategic direction.
Mr. Morlot brings extensive experience to the Company, combining
a solid financial understanding with an operational background in
the E&P business. Most recently, serving as Managing Director
of Assala Energy in Gabon, and before that, from other leadership
roles in Assala, SCOR and Perenco. He will be based in BW Energy’s
office in Lisbon Portugal. Mr. Morlot will undergo a transitional
period working closely with Mr. Sæthre to ensure a seamless
handover.
“We look forward to Brice joining the BW Energy team as we
deliver on our strategy for growth and value creation with
producing fields and highly attractive development assets in Gabon,
Brazil and Namibia,” said Carl K. Arnet, the CEO of BW Energy.
Reflecting on Mr. Sæthre's tenure, CEO Carl K. Arnet further
commented; "I have had the privilege of collaborating with Knut for
close to 20 years across several businesses from APL, via BW
Offshore and now most recently at BW Energy. His period as CFO has
been marked by exemplary financial acumen and leadership. His
contributions have been pivotal in positioning BW Energy for
sustained success.”
Mr. Sæthre expressed gratitude for his time with BW Energy,
stating; "It has been a rewarding experience to be part of the
journey, and I am immensely proud of our collective achievements. I
have full confidence in Mr. Morlot's ability to excel in his new
role, given his extensive business knowledge."
For further inquiries, please contact:
Carl K. Arnet CEO, BW Energy Limited Phone: +47 907 56 570
About BW Energy:
BW Energy is a growth E&P company with a differentiated
strategy targeting proven offshore oil and gas reservoirs through
low risk phased developments. The Company has access to existing
production facilities to reduce time to first oil and cashflow with
lower investments than traditional offshore developments. The
Company's assets are 73.5% of the producing
Dussafu Marine licence offshore Gabon, 100% interest in the
Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23
block in, a 95% interest in the Maromba field in Brazil and a 95%
interest in the Kudu field in Namibia, all operated by BW Energy.
Total net 2P+2C reserves and resources were 580 million barrels of
oil equivalents at the start of 2024.
This information is subject to the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading
Act.
Grafico Azioni BW Energy (TG:6BW)
Storico
Da Feb 2025 a Mar 2025
Grafico Azioni BW Energy (TG:6BW)
Storico
Da Mar 2024 a Mar 2025
