New Age elects new non-executive chairman

New Age assets

Oil and gas company New Age has appointed a new non-executive chairman of the board.

New Age said on Monday that Timothy Summers was named as its non-executive chairman, effective September 1.

Summers almost thirty years of experience in both oil and gas, engineering, and manufacturing sectors, the company said.

He held a variety of senior executive and board roles in BP, TNK-BP, KCA-Deutag, Renova AG, and Sulzer AG. He is a chartered engineer and a former chairman of the Swiss-listed engineering firm Oerlikon AG.

Regarding his appointment, Timothy Summers said: “New Age is an exciting business to join. The company has an impressive cadre of oil & gas professionals who have assembled and matured a strong, balanced portfolio of energy assets. I look forward to working with the Board and management team as we enter a new phase for the company.”

David Stoopin, chief executive of New Age, added: “Our new chairman brings valuable experience, gathered in complex industries, to lead New Age in the next stage of its development as an emerging E&P business. We look forward to his presence, leading the board, during an important period of change as we continue to unlock value within our multinational portfolio.”

In recent company news, New Age spud the IE-4 appraisal well at the Etinde block offshore Cameroon in late August with the Topaz Driller jack-up rig.

Share this article

Follow Offshore Energy Today

Posted on September 10, 2018 with tags .

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply