Lundin Energy has appointed Briton Nick Walker, 58, as CEO, the Swedish firm said on Aug. 18.
Walker has served as Lundin’s COO since 2015 and will replace current CEO Alex Schneiter on Jan. 1, 2021, the company said.
Lundin Energy became the second major player on the Norwegian continental shelf to replace its chief executive after Norway’s largest oil and gas firm Equinor appointed a new boss on Aug. 10.
Walker started his career as a petroleum engineer with BP and held various senior management positions at Bow Valley Energy, Talisman Energy and Africa Oil before joining Lundin.
Schneiter, who has led Lundin since 2015 and was at the helm during the development of Norway's giant Johan Sverdrup oilfield, will remain as a non-executive board member and adviser, Lundin said.
Lundin shares were down 0.4% at 1152 GMT on the Stockholm stock exchange.
Recommended Reading
ONEOK, Enterprise Renew Agreements with Houston’s Intercontinental Exchange
2025-01-29 - ONEOK and Enterprise Product Partners chose to continue their agreements to transfer and price crude oil with Houston-based Intercontinental Exchange.
Entergy, KMI Agree to Supply Golden Pass LNG with NatGas
2025-02-12 - Gas utility company Entergy will tie into Kinder Morgan’s Trident pipeline project to supply LNG terminal Golden Pass LNG.
Trinity Gas Storage Adds Texas Greenfield Gas Storage Complex
2025-01-20 - Trinity Gas Storage has opened a 24-Bcf gas storage facility in Anderson County, Texas, to support the state’s power grid.
Howard Energy Clinches Deal for EPIC's Ethylene Pipeline
2025-01-09 - Howard Energy Partners’ purchase of EPIC Midstream Holdings ethylene pipeline comes days after EPIC agreed to sell midstream NGL assets to Phillips 66 for $2.2 billion.
Tidewater Sells Canadian Roadway Network for CA$24MM
2025-03-06 - Canadian midstream company Tidewater Midstream and Infrastructure plans to use proceeds to pay down debt.