Bridge Energy's Chief Financial Officer steps down
Oil and gas explorer Bridge Energy announced on Friday the resignation of its Chief Financial Officer.
Oil and gas explorer Bridge Energy announced on Friday the resignation of its Chief Financial Officer.
Eystein Westgaard will remain with the North sea focused company in his current position until April 16th this year and will help with the hand over process.
"The board would like to thank Eystein for his contribution to the business during his tenure and wishes him well for the future," Bridge said in a statement.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The company has started searching for a new financial officer and will prove an update in due course.
The news comes two days after the group was awarded a new licence.
The Norwegian Ministry of Petroleum and Energy confirmed the group won the licence with 40% interest and operatorship in block 6407/4 in the latest round.
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Going part-time could leave a £58,000 hole in your pension: how to plug the gap
There are many reasons for switching to part-time work, but some savers don’t consider the impact on their pension until it is too late
By Katie Williams Published
-
Three bargain investment trusts to add to your portfolio
These three investment trusts are bargains compared to their net asset value (NAV), but one fund analyst thinks the deep discounts are unwarranted.
By Dan McEvoy Published