Hungarian oil and gas firm MOL Group said today its executive vice-president of exploration and production, Alex Dodds, was quitting his role for personal reasons.
Mr Dodds, who studied petroleum and civil engineering at Heriot Watt University in Edinburgh, had been in the role since September 2013.
MOL, which has recently been building its interests in the UK North Sea, said chief operating officer Berislav Gaso had been nominated to manage its exploration and production activities.
The company opened offices in Aberdeen last year, having previously focused its upstream operations on central and eastern Europe as well as interests in Kurdistan, Syria and Pakistan.
A first North Sea raid in 2013 saw it take over assets worth £220million, including non-operated stakes in the Broom field, interests in the Catcher, Cladhan, Scolty and Crathes developments and a share in Shetland’s Sullom Voe terminal from Germany’s Wintershall.
Last year, a £76million deal with Premier Oil gave MOL a 21.8% stake in the Scott field, a 1.6% share in Telford and a 15% interest in Rochelle, all operated by Nexen. MOL was also successful in the 28th UK offshore licensing round, being awarded four blocks.