Spirit Energy appoints new CFO
Aberdeen-headquartered, Spirit Energy has expanded its team with the appointment of a new CFO.
Nick Harrison joins the firm with more than three decades of experience working within the energy sector, having previously held positions with Repsol Sinopec, Talisman Energy and Shell.
Spirit Energy welcomes Nick at a pivotal time for the company as it transitions, having experienced a wealth of changes to its operations of late with the focus of the business moving towards a net zero future.
Last year the company secured it’s carbon capture licence for the repurposing of its North and South Morecambe gas fields. The aptly named project; MNZ (Morecambe Net Zero) more recently joined forces with the Peak Cluster, creating the MNZ | Peak Cluster, a partnership that will decarbonise 40% of the UK’s cement and lime industry and ensure that close to four million tonnes of CO₂ emissions from vital industry within Peak Cluster will be captured and permanently stored in Spirit Energy’s MNZ carbon store each year, from 2030.
Commenting on his appointment, Nick said: “Spirit Energy’s clear strategy was a driver to attracting me to the company. The three strategic pillars covering its decommissioning work, safety and its contribution to the UK’s net zero targets through its MNZ carbon store project, really illustrate Spirit Energy as a leader in its field. I am eager to see how the company progresses in its efforts and am proud to play a role in its journey.”
Spirit Energy, CEO, Neil McCulloch, said: “Nick is a tremendous addition to the Spirit team and Executive Committee with his wealth of experience in the oil and gas industry. Having spent time working globally and across an array of projects including late life assets, Nick brings excellent technical knowledge together with a first-class track record of leadership and will be an asset to our finance function.”
About Spirit Energy
We are a pioneering energy company with two shareholders: Centrica plc (69%), and Stadtwerke München GmbH SWM (31%). We operate in the UK and the Netherlands, with a 700-strong team, and 25 producing field interests.
Our portfolio and ambitions span the breadth of the energy transition. We’re continuing to break new ground, collaborating, and thinking differently. Our strategy is focused on: safely delivering production from our existing assets; meeting and de-risking our decommissioning obligations and pursuing strategic energy transition opportunities from our existing assets.
We’re proud of our heritage. With more than 30 years of production, we’re maximising the potential of our existing assets and substantial gas reserves in the UK and Netherlands. Above all, we live by our commitment to safety in everything we do. Our portfolio is predominantly gas (96%), providing vital, primary energy to fuel our homes and businesses in the UK and Europe.
Issued on behalf of Spirit Energy by ThinkPR.