Petrofac president Maroun Semaan is to quit the company after more than a decade at the top of the international oil giant.
The former COO, who has been president and executive director since 2002, originally joined Petrofac in 1991.
“I have thoroughly enjoyed being part of the development and success of Petrofac and would like to thank everyone who has been involved in the success of the Company for their hard work and dedication over the years,” Semaan said
“I will leave the business confident in its future prospects to deliver strong, sustainable growth over the long-term, and on my part intend to remain a long term shareholder.”
Meanwhile Zone Energy founder and former CEO Kathleen Hogenson is to join the company as a non-executive director from next month.
The former Santos chief executive, a chemical engineering graduate, currently sits on the advisory board for Samsung and is a director on the board of Parallel Petroleum.
“It gives me great pleasure to welcome Kathleen to our board, where her considerable oil and gas experience, including the development and deployment of technical solutions, will prove invaluable as Petrofac looks to continue to deepen, grow and diversify its customer offering. We look forward to working with her,” said chairman Norman Murray.
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