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.
-
Are you one of 15 million people at risk of retirement poverty?Two-fifths of people in the UK aren’t on track for a minimum lifestyle in retirement, new data shows. Are there steps you can take to boost your pension?
-
150 banking hubs now open across UK – is there one near you?As the 150th banking hub opens its doors, a Post Office deal that offers basic banking services has also been extended until 2030. We explain what this means for you
