Enquest PLC (AIM:ENQ) has appointed senior management to its subsidiary Veri Energy, which is focused on infrastructure and new energy business.
It named Salman Malik, currently EnQuest’s chief financial officer, as chief executive of Veri Energy.
"Salman has been instrumental in progressing our decarbonisation and new energy ambitions and has been integral to the group's successful debt refinancing activities,” chief executive Amjad Bseisu said in a statement.
"In his new role as CEO of Veri, I look forward to working together with Salman as chairman in this important new growth area for the group and I am excited about the future of Veri Energy as a key contributor on our energy transition path.”
Malik, meanwhile, added: “I am passionate about energy transition and committed to establishing Veri as a leading infrastructure and new energy company.
“Veri's initial focus will remain on leveraging EnQuest's capabilities to progress world scale decarbonisation and new energy projects, including carbon capture and storage, green hydrogen, and electrification at the Sullom Voe Terminal.”
Jonathan Copus will meanwhile become EnQuest’s new chief financial officer from February.