Neptune Energy appoints VP Business Development

Oil and gas company Neptune Energy will appoint David Hemmings to the position of Vice President of Business Development starting in early July 2018.

Hemmings joins Neptune from Rothschild & Co where he most recently held the position of Managing Director in the Energy and Power Team with a focus on the oil and gas sector.

According to Neptune, he has a track record advising Board and Executive Directors on some of the largest and most complex transactions in the sector for over 20 years, having previously been with Dresdner Kleinwort Benson (later Wasserstein) and Bank of America.

His international experience includes activity in Europe, Africa, Asia and FSU across mergers, acquisitions, joint ventures, divestments, defence situations, valuation, IPO, capital raising, debt restructuring and financing.

Neptune said: “In addition to the wealth of experience David brings in the area of business development, he holds an MSc in Petroleum Engineering from Imperial College, London University and a BSc in industrial chemistry and brings a high level of technical understanding to this role.”

Jim House, CEO of Neptune Energy stated: “The appointment of David to the Neptune team speaks clearly to our strategy and intention to become a leading international independent E&P Company. I would like to welcome David to the Neptune organization and I personally look forward to working with him in delivering the next exciting phase of Neptune’s vision and growth.”