Swedish oil company Lundin Energy has named a new chief operating officer (COO) of the company after the previous COO was promoted to the chief executive officer (CEO) role.
Lundin said that it named Daniel Fitzgerald as its new chief operating officer, effective 1 January 2021.
Daniel Fitzgerald is currently the COO of International Petroleum Corporation (IPC) having previously held senior management and operational leadership positions with Lundin Petroleum.
Following the spin out of IPC, he was the VP of operations and subsequently COO positions within IPC, responsible for operations and investments across their international portfolio.
Before joining Lundin and IPC, Fitzgerald worked for Shell’s upstream business in the UK in a range of asset and operational leadership positions.
His appointment follows the decision by Alex Schneiter , president and CEO of Lundin Energy to step down from the company and the appointment of the company ‘ s current COO Nick Walker , to replace Schneiter as president and CEO.
Schneiter said: “ I am very pleased to announce Daniel’s appointment as COO. He is well known to the Lundin Group, having previously worked for Lundin Petroleum and now serving successfully as COO with IPC.
“ I have known Daniel since 2014 and his strong technical background and leadership qualities, as well as his knowledge of our assets and people, make him a great candidate for the role.
“ This is a very exciting time for Lundin Energy as we emerge resiliently from this recent oil market cycle; the strong production growth profile to target over 200 thousand barrels of oil equivalent per day production, combined with our industry-leading low operating cost and sustainably produced barrels, uniquely positions the business for growth and the energy transition ”.