EIG’S LNG UNIT MIDOCEAN NAMES ARMAND LUMENS AS CFO

(Photo: Business Wire)

KUALA LUMPUR, May 15 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has appointed Armand Lumens as Chief Financial Officer (CFO).

“We are delighted to welcome Armand to the MidOcean team. We are confident in his ability to drive financial excellence and contribute to the company's continued growth and success.

“His wealth of expertise will be an invaluable asset as MidOcean continues to pursue its strategic objectives,” said MidOcean Chief Executive Officer, De la Rey Venter in a statement.

Meanwhile, Lumens said: “MidOcean is well positioned to make a significant impact on the energy transition through its expertise in and focus on LNG. I am thrilled to join De la Rey and the EIG team as it seeks to build a global LNG portfolio.”

Lumens brings to MidOcean over 30 years of highly relevant and broad expertise across mergers and acquisitions (M&A), private equity, business development, trading, financing, audit, risk management, venture capital, take-privates and initial public offerings.

Most recently, he served as the group CFO of Neptune Energy, where he played a pivotal role in developing and implementing the company's financial and information technology strategies and achieving its operational success.

Lumens earned a Bachelor’s degree and an Master of Business Administration (MBA) from Maastricht University and an Master of Science (MSc) in Finance from the London Business School.

An institutional investor in the global energy and infrastructure sectors, EIG specialises in private investments in energy and energy-related infrastructure on a global basis.

-- BERNAMA