Neptune Energy announced Mehdi Bouguetaia will be joining the company to take on the role of Algeria managing director, based in Algiers.
Mehdi joins Neptune from Shell where he most recently held the position of Technical Support and Subsea Operations general manager with the company’s Rashpetco JV business in Egypt.
An Algerian national, Mehdi has a strong commercial and technical background with 20 years’ experience in the oil and gas industry, having started his career with Shell in Aberdeen, UK, as a process and development engineer.
Mehdi has held a number of senior leadership roles in the Netherlands, Gabon and Egypt where he has been based since 2012, and has a deep understanding of the industry and stakeholders landscape in Algeria.
He has an MSc in Chemical Engineering from Grenoble Polytechnics, an MSc in Petroleum Economics & Management from Institut Francais du Petrole, and an MSc in Mineral Business & Economics from Colorado School of Mines.
Jerome Jacquemont will continue as MD in Algeria until the end of the year, when Mehdi will transition into the role.
Jim House, CEO of Neptune, said: “We are very pleased to welcome Mehdi at an important time for the business. He brings a great deal of experience to Neptune and has strong personal and professional links with Algeria, an important part of our geographically-diverse portfolio.
“I am grateful to Jerome for his continuing leadership and for overseeing the start-up of the Touat gas development, the first major development project we have seen over the line in North Africa.”