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Jeffrey Stewart Chosen To Become Permanent Director Of Lafayette Utilities System

By News & Media

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Long-time Lafayette Utilities System employee Jeff Stewart has been appointed by Mayor-President Josh Guillory to lead LUS as its first permanent director in almost four years. Preng & Associates assisted in the search.

Stewart, an LSU grad who began his career at LUS as an electrical engineer in 2001, has been the utility’s engineering and power supply manager since 2014. In that role he has overseen 120 full-time employees and an annual budget of $240 million.

“For more than 20 years, Jeff has been a key part of the LUS team. His background, expertise, and proven leadership in the utilities and engineering fields are and have been an asset to LUS. He is well equipped to lead the department moving forward,” Guillory said in his announcement.

Stewart was a finalist for the position alongside James Jason Terry of the Kissimmee Utility Authority and Paul A. Jakubczak for the Fort Pierce Utilities Authority, both of Florida. Two additional applicants were previously removed from consideration after one withdrew and another was disqualified by LUS’s consulting engineer Burns & McDonnell.

Stewart, the only internal applicant, became the final candidate in the search to fill the LUS director role after Terry and Jakubczak withdrew their bids for what is the highest-paying job in Lafayette Consolidated Government.

The LUS director position pays around $250,000 a year, though that could change with Stewart’s appointment. He previously led LUS as interim director for over a year following the retirement of long-time Director Terry Huval in 2018.

Former Mayor-President Joel Robideaux replaced Stewart as interim director with former LCG CAO Lowell Duhon in October 2019. Duhon is retiring from LUS and LCG following Stewart’s appointment.

Guillory announced the decision Friday, which will have to be ratified by a vote of Lafayette’s City Council.

“I am honored to serve the Lafayette community and proud to represent our employees. LUS has been a vital part of Lafayette’s vibrant and successful history and for 125 years has provided the highest quality electric, water, and wastewater services,” said Stewart, who lives in Lafayette with his wife and daughter.

“My goal is to continue that legacy of excellence for decades to come. The industry is changing and we face big challenges ahead. I am prepared to turn those into opportunities.”

Since leaving the interim director position, Stewart has led the development of LUS’s vision for the future of its energy supply chain and helped launch the system’s first online power outage map and notification system.

Stewart spearheaded the two-year process to develop LUS’s integrated resource plan, which mapped the utility’s long-term needs for power generation and weighed the likely retirement of its coal-fired power plant near Alexandria in the coming years.

City Council Chair Nanette Cook said Friday she is “extremely happy” with Guillory’s choice of Stewart for the utility’s top job.

“Jeff has been a loyal employee of LUS for about 20 years. And, he has been a tax paying member of our community for some time as well. I respect his love of LUS and Lafayette,” Cook said.

Councilman Andy Naquin also pointed to Stewart’s decades of experience at LUS as a benefit to the city-owned utility.

“His experience of our local utilities system and background give us the benefit of someone who can step in and run the business of LUS,” Naquin said. “I do not foresee any issues with his qualifications.”

Source Link: https://www.theadvertiser.com/story/news/local/2022/02/04/long-time-lafayette-utilities-employee-appointed-lus-director-jeff-stewart/6664602001/https://www.publicpower.org/periodical/article/jeffrey-stewart-chosen-become-permanent-director-lafayette-utilities-system

Preng & Associates completes the search for two Independent Directors of IGas Energy Plc.

By News & Media

IGas Energy PLC (LON: IGAS) announced the appointment of Chris Hopkinson to its Board as Independent Non-Executive Director with immediate effect. Chris would take over the role of Non-Executive Chairman from Cuth McDowell who has notified the Board of his intention to step down from the Board later this year. “I am delighted to welcome Chris to the Board. Chris has a tremendous amount of highly relevant experience and I am in no doubt that he will make a strong contribution to IGas as we move forward,” said Interim Board Chairman, Cuth McDowell. Chris will also join the audit, nominations, and remuneration committees.

About Chris Hopkinson

Chris Hopkinson is currently the Non-executive Chairman of Enwell Energy an AIM-quoted oil and gas exploration and production group and founder of Astra Resources Management advising utility-scale PPP Solar projects. Chris Hopkinson began his career with Shell International, followed by technical and management roles with Yukos and Lukoil Overseas, before becoming CEO of Imperial Energy Group up until its acquisition by ONGC in 2009. He was then Vice-President Western Siberia for TNK-BP, Senior Vice-President North Africa for BG Group, CEO of International Petroleum Limited, and COO for JSC National Company KazMunayGas. Chris Hopkinson said: “I am excited to be joining IGas and helping to support the team in driving the business forward to create future shareholder value through its existing cash-generative assets and its bold energy transition strategy.” Chris holds a BSc Honours degree in Applied Physics from St Andrews University.

IGas Energy PLC (LON: IGAS) announced the appointment of Kate Coppinger to its Board as an Independent Non-executive Director with immediate effect. “I am delighted to welcome Kate to the Board. Kate brings Board-level expertise drawing on over 20 years advising energy companies on M&A and strategy.” said Interim Non-executive Chairman Cuth McDowell. Kate will also join the audit and remuneration committees.

About Kate Coppinger

Kate Coppinger is currently Non-executive Director at Serica Energy plc, an AIM-listed, independent UK natural gas producer. Kate initially worked for CIBC World Markets as a research analyst before joining Harrison Lovegrove in 2000 where she moved into transaction execution. Following the acquisition of Harrison Lovegrove by Standard Chartered Bank in September 2007, Kate continued in oil and gas M&A transactions. In 2014, she was appointed Managing Director, Oil & Gas Corporate Finance, where she was responsible for origination and execution of transactions for European clients, a position she held until leaving Standard Chartered Bank in 2020. Kate Coppinger commented: “As the E&P industry enters a new phase, I am impressed by the strategic steps IGas has already taken to diversify into low-carbon technologies leveraging its existing skillsets, infrastructure, and assets, whilst continuing to safely and responsibly deliver indigenous supply of oil and gas.”

Preng & Associates assisted IGas Energy PLC in the search for an Independent Board Director and a Chairman of the Board.

Source Link: https://talent4boards.com/igas-energy-welcomes-chris-hopkinson-to-its-board-as-non-executive-director-and-next-chairman/

Source Link: https://talent4boards.com/igas-energy-welcomes-kate-coppinger-to-its-board-as-independent-director/

Preng & Associates Completes The Search For A Board Director For VAALCO Energy, Inc.

By News & Media

Fabrice Nze-Bekale 2021 Speaker - AFSIC 2022 - Investing in AfricaVAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that Fabrice Nze-Bekale was appointed as a new independent director to the Company’s Board of Directors. Mr. Nze-Bekale will serve on the Audit, Compensation, Strategic and Nominating and Corporate Governance Committees. He will stand for election at the Company’s next annual meeting of stockholders. Additionally, Bradley Radoff has resigned from the Board of Directors effective January 28, 2022.

Preng & Associates assisted in the search. “We had great pleasure in working with VAALCO Energy to appoint Fabrice Nze-Bekale to their board of directors,” said Lead Search Consultant, Jozsef Marton. “The energy sector in #Africa is going through a period of great #transformation. It is important that companies operating in the region understand the local environments they are doing business in. Born in Gabon, Fabrice will bring hands on knowledge of growing businesses both in country and across Africa giving VAALCO increased capability to grow their operations responsibly in Gabon and beyond.”

 

Andrew L. Fawthrop, VAALCO’s Chairman of the Board commented, “We believe that Fabrice will bring a unique perspective to our Board with his significant Board and senior management experience in mining and banking in West Africa that will help support VAALCO in achieving our strategic goals. He has built an extensive network of connections in the U. K. and particularly in Gabon, and has developed a keen understanding of doing business in the region. We also want to recognize Brad Radoff for his service on VAALCO’s Board and we would like to thank him for his insight, expertise and dedication during his tenure. We are excited about the future for VAALCO with the continued development of our interests in offshore Gabon, upside opportunities in Equatorial Guinea and the potential to integrate accretive acquisitions aimed at further strengthening VAALCO and growing shareholder value.”

Fabrice Nze-Bekale has over 25 years of experience in mining, banking, telecoms, M&A and international finance. Mr. Nze-Bekale has served on numerous boards and as a senior executive across his career. He currently serves as an independent director on the Board of Orabank Gabon, where he is also the Chairman of the Audit Committee and serves on the Risk Committee. From 2012 to 2020, he was a member of the Board of the Fonds Gabonais D’Investissements Strategiques, Gabon’s sovereign wealth fund. He has also served on the Boards of several Gabonese mining companies.

Mr. Nze-Bekale has been Chief Executive Officer of ACT Afrique based in Dakar, Senegal since 2017, providing strategic advisory and investment banking expertise to governments as well as to public and private entities in West Africa. Prior to joining ACT Afrique, from 2012 to 2017, he served as Chief Executive Officer of Societe Equatoriale Des Mines, the national mining company in Gabon, which he helped create to manage Gabon’s investments in the sector. Prior to that, he was Director of Investment Banking for Standard Bank PLC based in London from 2008 to 2011 and Finance Manager for Celtel International from 2005 to 2008. Fabrice began his career at Citibank Gabon, where he rose to become the Head of Corporate Banking. Mr. Nze-Bekale is a Gabonese national and holds a Masters degree in Finance and Financial Engineering from the University of Paris-Dauphine (France) with an MBA from the London Business School (UK).

View source version on vaalco.com: https://www.vaalco.com/investors/news-events/press-releases/detail/321/vaalco-energy-announces-changes-to-its-board-of-directors

 

Preng & Associates Fills Top Posts for GoGreen Investments Corp.

By News & Media

Go Green InvestmentsOctober 26, 2021 – Houston, TX-based executive search firm Preng & Associates recently assisted in the recruitment of Daniel J. Foley and Vikas Anand as the new chief technology officer and chief development officer, respectively, at GoGreen Investments Corp. Consultant Mark Ciolek led the assignment.

Mr. Foley has more than 30 years clean-tech experience in financial, technical and regulatory challenges of bringing green power onto grids. He formerly served as CEO of GlidePath, an independent developer and owner of advanced energy systems. Before that, he was COO of Lincoln Clean Energy, responsible for origination, development, interconnection, permitting, construction, and operation of solar and wind portfolio. Mr. Foley also served as CEO of ACCIONA’s North American business focused on the development, ownership, and operation of one the largest portfolios of renewable energy and infrastructure projects in the U.S.

Mr. Anand has 22 years of management leadership roles across energy and other diverse businesses at GE including CEO of GE Renewable Energy – Onshore Wind Americas. He has extensive experience in business transformations, capital allocation, strategy, operations and talent development. Under his leadership, GE Onshore Wind business was restored to the No. 1 position in the U.S., growing market share from 29 percent to 53 percent. Mr. Anand is also former CFO and a voting member of the investment committee of GE Energy Financial Services (~$16 billion assets), providing equity and debt financing to renewables and gas-fueled power generation sectors. He is a former member of the board of American Clean Power Association and represented the industry before members of U.S. Congress.

In addition to these two recent placements, GoGreen Investments Corp. recently announced the upsizing and pricing of its IPO of 24,000,000 units at $10 per unit. The offering was upsized from 20,000,000 units. The units will be listed on the NYSE and began trading last Thursday under the ticker symbol “GOGN.U”.

Energy-Focused Recruiters

Preng & Associates, founded in 1980, is a retainer-based, international executive search firm specializing solely in the energy industry. The firm’s experience spans the entire energy value chain – from the well head to the wall socket. Its subsector verticals have specific expertise in oil and gas (upstream, midstream, and downstream), oilfield equipment and services, power and utilities, renewables, engineering and construction and industrials. The recruiting outfit has conducted more than 3,800 engagements for over 800 companies and placed highly qualified individuals for board, executive management, and professional positions in 91 countries, according to the firm.

Mark Ciolek leads the utility/power practice at Preng & Associates. His search practice is focused on electric and gas utilities, independent generators, renewable energy, and industrial/services companies supporting the utilities and power sector. Mr. Ciolek combines twelve years of senior-level search experience with an extensive knowledge base and network developed during his prior 25 years of industry and management consulting. Leveraging this combination of experience, Mr. Ciolek brings an insightful and pragmatic view to helping clients acquire the talent needed to compete successfully in the utility/power sectors. He conducts a wide variety of senior level assignments, including CEO/President, COO and CFO roles. His functional search experience includes operations, engineering and construction, business and project development, regulatory, strategy, and IT.

Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media

Original source: https://huntscanlon.com/preng-associates-fills-top-posts-for-gogreen-investments-corp/

Helix Appoints T. Mitch Little as New Director

By News & Media
T. Mitch Little

Preng & Associates places T. Mitch Little as a Board Director of Helix Energy Solutions Group.

Preng & Associates assisted Helix in another Board search. Houston-based offshore well intervention firm Helix Energy Solutions has appointed T. Mitch Little as a new member of the board of directors.

Little, 58, served as Executive Vice President – Operations for Marathon Oil Corporation from August 2016 until his retirement in December 2020, where he was responsible for all operations and development activities.

Before that Little served in a variety of roles at Marathon, including Vice President – Conventional & Oil Sands Mining Assets, Vice President – International & Offshore Exploration & Production Operations, Managing Director – Norway, and General Manager – Worldwide Drilling & Completions.

Little joined Marathon in 1986 and has over 30 years’ experience in the petroleum industry in various technical, supervisory and senior management positions.

He previously served as the Chairman of the Oilfield Energy Center, a non-profit venture dedicated to expanding awareness of subsurface hydrocarbon energy resources and supporting global stewardship in the communities that develop those resources in a safe and environmentally responsible manner. Little will serve as a Class I director whose term will expire at Helix’s next Annual Meeting of Shareholders.

Helix provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations.

View source version on OEDigital.com: https://www.oedigital.com/news/489415-ex-marathon-oil-exec-joins-helix-energy-solutions

Preng & Associates Completes the Search for a Board Member for Primoris Services Corporation

By News & Media

Jose R. Rodriguez Primoris Board Member PrengPrimoris Services Corporation (NASDAQ GS: PRIM) today announced the results of the Company’s Annual Meeting of Stockholders held on May 4, 2021, at 9:00 a.m. Central time at the Company’s headquarters in Dallas, Texas.

At the meeting, stockholders approved the election of nine directors. The directors are: David L. King, Chairman, Primoris; Stephen C. Cook, President and Principal Stockholder, Fieldstone Partners; Carla S. Mashinski, Chief Financial and Administrative Officer, Cameron LNG; Terry D. McCallister, former Chairman and Chief Executive Officer, WGL Holdings, Inc. and Washington Gas; Thomas E. McCormick, President and Chief Executive Officer of Primoris; Jose R. Rodriguez, former senior audit partner at KPMG LLP; John P. Schauerman, former Executive Vice President of Corporate Development, Primoris; Robert A. Tinstman, former President and Chief Executive Officer, Morrison Knudsen Corporation; and Patricia K. Wagner, former Group President of U.S. Utilities for Sempra Energy.

Preng & Associates assisted in the search.

The stockholders also approved the ratification of the selection of Moss Adams LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021.

David L. King, Chairman of the Board, said, “I want to thank our two retiring board members, Tom Tucker and Pete Brown, whose wisdom and counsel over the past decade have been invaluable. I also want to welcome our new board member Jose Rodriguez, who brings with him a wealth of knowledge in accounting, auditing and corporate governance gained during his illustrious career with KPMG.”

“We want to thank our stockholders for their participation in our annual meeting and for their continued confidence in our strategy and management,” said Tom McCormick, President and Chief Executive Officer of Primoris. “We remain committed to earning that trust every day.”

About Primoris

Founded in 1960, Primoris is one of the leading providers of specialty contracting services operating throughout the United States and Canada. Primoris provides a wide range of specialty construction services, fabrication, maintenance, and engineering services to a diversified base of blue-chip customers. For additional information, please visit www.primoriscorp.com.

Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that state Primoris or its management’s intentions, beliefs, expectations or predictions about the business, financial performance and prospects of the Company, which, by their nature, involve known and unknown risks and uncertainties. Factors that could cause actual results to differ materially from those contemplated above include, among others, the risks and uncertainties discussed from time to time in the Company’s filings with the U.S. Securities and Exchange Commission. This press release speaks only as of the date hereof, and the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210505005946/en/

Kosmos Energy Exploration Head Moves to Apache

By News & Media

Tracey Henderson Apache Exploration(April 13, 2021) Oil and gas company Apache has appointed Tracey K. Henderson as its Senior Vice President, Exploration. Henderson joins the company from Kosmos Energy, where she served as Chief Exploration Officer. Preng & Associates assisted in the search.

“While at Kosmos, she contributed to the discovery of the Jubilee Field offshore Ghana, one of the largest oil discoveries offshore West Africa in a decade,” Apache said.

Henderson was also a key member of the technical team responsible for the Tortue, Marsouin, Teranga and Yakaar natural gas discoveries offshore Mauritania and Senegal, which together opened one of the largest new hydrocarbon basins along the Atlantic Margin.

Prior to joining Kosmos, she served as a project geologist at Triton Energy working on the Ceiba, Okume and Oveng oil discoveries offshore Equatorial Guinea. Henderson earned a master’s degree in geophysics and a bachelor’s degree in geology from the University of Texas at Dallas.

“We are thrilled to welcome Tracey to our team. Her global experience and technical expertise will be a strong complement to our exploration efforts and recent discoveries offshore Suriname,” said John J. Christmann IV, APA’s chief executive officer and president.

“Tracey’s track record of exploration success includes notable and significant discoveries across the world including major oil and gas resources offshore Mauritania, Senegal, Ghana, and Equatorial Guinea. We are looking forward to the expertise, energy and leadership she will bring to APA.”

View Source Version: https://www.oedigital.com/news/486795-kosmos-energy-exploration-head-moves-to-apache

Preng & Associates delighted to be a Bronze Sponsor for the 2021 Africa E&P Summit

By News & Media

Preng & Associates is delighted to be a Bronze Sponsor for the Africa E&P Summit | 22 & 23 September 2021. The Summit will be hybrid event, encompassing an in-person conference in London in which an online audience also participates.

The Africa E&P Summit brings together Africa’s upstream industry for a unique event shaped for companies active in Africa’s oil and energy game and provides unrivalled insight into the Continent’s fast changing exploration and energy horizon. The Africa E&P Summit will be hybrid event, encompassing an in-person conference in London in which an online audience also participates.

Hear directly from key players and decision-makers from corporate players active in Africa through to fast-moving independents, finance, legal and service & supply companies and African governments and NOC’s seeking investors.

For Tickets & More Information > https://www.frontierenergy.network/africa-e-p-summit

Join Jozsef Marton and Vince Pizzoni as they speak at the NextGen Energy Summit: The Future of the Energy Sector

By News & Media
Preng London at the NextGen Energy SummitPreng & Associates is proud to sponsor the NextGen Energy Summit. On February 25th, 2021, Jozsef Marton will be speaking during Session 1 of the NextGen Energy Summit. Vince Pizzoni will be speaking during Session 4. They will be discussing how energy companies can attract and retain the brightest and most innovative minds. A new generation of leaders will need to tackle the challenges faced by all companies from oil and gas to clean technology. This is a fascinating topic at a time when many are thinking about leaving the industry or not joining it at all. 

NextGen Energy Summit Agenda

9:20am: Session 1 – Trends & Drivers: NextGen Energy
Senior Roundtable Discussion & Q&A
This session sets the tone for the Summit on the key trends and drivers that will set the course for professionals who are the future of the energy sector focusing on the factors of people, culture, talent and diversity. What are the global trends and drivers that will affect the human side of the energy sector? What does the energy industry need to look like to attract and retain the best people and talent? We will hear how and why culture is critical to business success and how leadership is changing in a new world.
3:25pm Session 4 – Lessons From Other Industries
Senior Roundtable Discussion & Q&A
This session presents insights from business leaders into effective strategies in people, culture, talent and diversity. What has worked? Where does the energy sector benchmark versus other industries? What has not worked and how can these lessons be applied to the energy sector? Hear from companies across the spectrum who have differing insights into people, culture, talent and diversity and are willing to share them with the industry.

Register for the NextGen Energy Summit here!

Independent Oil and Gas Appointed a Chief Operating Officer

By News & Media

(Feb. 8, 2021) Independent Oil and Gas (IOG), and oil and gas company focused on the UK North Sea, has has appointed David Gibson as its new Chief Operating Officer.

“David has extensive relevant North Sea engineering and project management experience over a near 30-year energy industry career, culminating in a number of executive management positions over the past decade,” IOG said.

Having started his industry career at Foster Wheeler Wood Group and Amec, he spent 15 years at Marathon Oil UK Ltd before moving to TAQA Bratani, where he was Technical Director until 2019.

Most recently he was with Ithaca Energy, where he led the integration of the North Sea assets acquired for $2 billion from Chevron and subsequently was appointed Assets Director.

“David’s appointment as COO, which is not initially intended to be a board position, follows an extensive and thorough search process managed by a leading sector-focused executive search firm, Preng & Associates, which covered a diverse range of candidates. It also enables Rupert Newall to step back from his Interim Project Director role and continue in his permanent role as Chief Financial Officer,” IOG said.

Andrew Hockey, CEO of IOG, said: “We are delighted to welcome David to lead the operating team at IOG where he will be a key contributor in successfully delivering on our ambition to be a safe, efficient, low-carbon developer and producer of high-value gas. In so doing he will build on strong existing foundations and I thank our CFO Rupert Newall for fulfilling the Interim Project Director role very effectively over recent months.

“David joins the company at an exciting time with Phase 1 construction in full swing and development drilling expected to start in around two months, targeting first gas in Q3 this year. Supported by an excellent team already in place across all disciplines, David will be able to hit the ground running and I have no doubt he will have a very positive impact across our business.”

IOG last year saw its field development plan for Core Project Phase 1 in the UK North Sea approved by the UK Oil and Gas Authority.

The Core Project comprises gas resources across six discovered UK Southern North Sea (“SNS”) gas fields. Phase One, approved by the OGA, will focus on the development of Blythe, Elgood, and Southwark fields.

The company in January said that work on the construction of the two platforms being built for the project was progressing well with delivery scheduled for 1Q 2021.

View Source Version: https://www.oedigital.com/news/485138-independent-oil-and-gas-names-new-coo