PREMIER Oil and Chrysaor have announced the appointment of a new chief financial officer (CFO) for the merged North Sea oil company.
Alexander Krane will take up the role on April 15 2021 replacing Richard Rose who will step down as interim CEO and finance director on the same date.
Mr Krane has more than 20 years experience holding various accounting, controlling and executive roles in the energy industry. His most recent as investment director at Aker ASA.
A new service agreement will be put in place between Mr Krane and Harbour Energy once the deal in completed, with the terms being “appropriate for an executive director of a group of the size, complexity and nature” of the merged entity.
Premier Oil has previously stated that the merger between itself and Chrysaor was expected to be completed by the end of Q1 2021.
When completed the company will be known as Harbour Energy.