Neptune Energy announced that Gro Haatvedt will leave her executive role as VP of Exploration and Development at the end of September 2020. Gro will remain with Neptune as Distinguished Advisor.
In her advisory role, Gro will provide insight and expertise to support the technical review of exploration and development prospects and geological and geophysical activity. She will also advise on the ongoing development of Neptune’s digital subsurface solutions.
The senior management change reflects a group structure more focused on those activities that will deliver most value in prevailing market conditions. As a result, exploration and development will be focused on prospects that are most cost-effective in the short-term and most value-creating in the long-term.
Jim House, Neptune’s chief executive officer, said: “Gro has been instrumental in Neptune’s growth. She created our exploration capability and the results we have achieved are testament to her leadership.
“I am delighted she will remain with the business in her new role to provide insight and technical expertise as we develop our exploration portfolio further.”
From October, the exploration and development team will report to Andrea Guerra, in the new combined role of VP Subsurface.