Nido shortlists candidates for Managing Director role

Nido Petroleum Limited, an Australian oil and gas company with focus on southeast Asia, has confirmed that Phil Byrne is no longer the Managing Director at the company and that Nido now has a shortlist of candidates for this role. 

Nido previously informed of Byrne’s resignation on March 12, 2015.

According to the company, a short list of candidates for filling the vacant position has been identified, and Nido’s Chairman William Bloking will assume the role of Executive Chairman until a new Managing Director is appointed.

Bloking will be engaged pursuant to a consultancy services agreement and will receive the same fixed annual remuneration on a pro-rated basis as that which Phil Byrne received prior to his resignation. The company reveals that Byrne’s fixed annual remuneration was $560,000 inclusive of superannuation, while Willaim Bloking has agreed to waive his Director’s fees during his role of Executive Chairman.

Commenting on the transition, William Bloking stated: “We wish Phil all the best in his future endeavours and remain confident we will appoint the right person to lead the Company’s development into a significant, sustainable South East Asian mid-tier oil producer.”

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 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 1

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

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