Australia’s oil and gas company Karoon Energy is on the lookout for a new Chief Executive Officer (CEO) and Managing Director (MD), who will take over from its current CEO/MD next year, as the firm prepares to shift its key corporate teams and roles to Brazil and the United States of America (USA).

While disclosing the departure of Dr. Julian Fowles , Karoon’s outgoing CEO and Managing Director, the company confirmed that Fowles will be leaving by mid-2026, following a decision to relocate key corporate teams and roles to Brazil and the U.S., as mentioned at the 2025 Annual General Meeting in May 2025.