EnQuest director to step down from role
- Business & Finance
UK North Sea oil firm EnQuest has informed that its director Phillip Nolan will be stepping down from his role to take up a new position in Associated British Ports Holdings Limited.
EnQuest said on Thursday that Nolan would step down with effect from July 4.
At that time, he will assume new responsibilities as a non-executive chairman of Associated British Ports Holdings Limited, the direct holding company of Associated British Ports.
Nolan spent 15 years with BP working in the UK, the USA, Australia, and Southeast Asia. Later, he was responsible for acquisition and disposals for BP Exploration worldwide and was managing director of Interconnector Limited which built and operates the gas pipeline between Bacton and Zeebrugge.
He joined BG Group where he was chief executive officer of Transco which runs the UK gas pipeline network and was also an executive member of the BG Group board. On demerger from BG Group, Nolan was the chief executive officer of the Lattice Group
Jock Lennox, chairman of EnQuest, said: “Since 2012, Phil has played a significant role in the development of EnQuest, including most recently the milestone of first oil at the Kraken project. I would like to thank him on behalf of the Board for his unstinting and valuable contribution to the Company and wish him well for the future.”
EnQuest added that, in conjunction with an independent search firm, the process of building on the company’s rotation plans continues.