Tellurian Inc. is shifting personnel as the company continues to right itself after 2023 saw the ouster of former executive chairman Charif Souki and a warning that the company was struggling financially.
Executive Chairman Martin Houston said that since December, the company has focused on delivering value for our shareholders and customers and Tellurian’s recent activities support that focus.
“I am encouraged by Tellurian’s progress in the last few months, and we will continue to focus on delivering Driftwood LNG,” Houston said in a March 18 press release.
Tellurian announced that Samik Mukherjee, president of Driftwood Assets, has been appointed president of Tellurian Investments, and has responsibility for the development of all Tellurian’s assets, including upstream, Driftwood LNG and pipeline, as well as permitting, safety and asset integrity.
RELATED
Tellurian Exploring Sale of Upstream Haynesville Shale Assets
The company also announced:
Daniel Belhumeur, president of Tellurian Inc., will retain accountability for finance, investor relations, legal, public and government affairs and human resources;
Presidents Samik Mukherjee and Daniel Belhumeur will jointly manage Tellurian’s commercial activities; and
Tellurian CEO Octávio Simões will move into an advisory role, as previously announced, and will retire in June 2024.
“We are grateful for Octávio’s guidance over the past several years. He has helped position Tellurian for the future, and we wish him the best of fortune as he transitions to retirement,” Houston said.
Recommended Reading
Seatrium Awarded Contract for FPSO Bound for Guyana’s Stabroek
2024-05-17 - The topsides fabrication and integration contract will be for the FPSO Jaguar, bound for the Whiptail Field in the Stabroek block offshore Guyana for Exxon Mobil.
Third Suriname Find for Petronas, Exxon Could Support 100,000 bbl/d FPSO
2024-05-17 - A recent find offshore Suriname in Block 52 by Petronas and Exxon Mobil could support a 100,000 bbl/d FPSO development, according to Wood Mackenzie.
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks: Baker Hughes
2024-05-17 - The oil and gas rig count rose by one to 604 in the week to May 17.
BPX Looks to Ramp US Production Over 60% by 2030
2024-05-16 - BPX Energy is looking to boost its U.S. production over 60% by 2030 as it considers bringing online a fourth processing facility in the Permian by mid-year 2025, Clark Edwards, the company’s vice president of development, said during SUPER DUG in Fort Worth.
Empire Petroleum’s Williston Drilling Program Identifies New Zones
2024-05-16 - Empire Petroleum provided updates on its Williston Basin development drilling program in its first quarter 2024 earnings results.