BW Energy names new COO and CFO, promoting internal talent

BW Energy has announced changes to its executive management team, appointing Brice Morlot as chief operating officer (COO) and Thomas Young as chief financial officer (CFO). Morlot, who joined BW Energy in 2024 as CFO, succeeds Lin Espey. Young, previously chief strategy officer, has been with the company since its inception, overseeing growth strategy and playing a crucial role in financing activities.

CEO Carl K. Arnet stated these appointments reflect the company's strategy of promoting from within and leveraging existing strengths. He expressed confidence that both Morlot and Young will be instrumental in executing the plan to increase production to approximately 90,000 barrels per day by 2028. Arnet also thanked Lin Espey for his leadership and contributions.

BW Energy is an E&P company focused on low-risk phased developments of proven offshore oil and gas reservoirs. Its assets include a 73.5% interest in the Dussafu Marine licence offshore Gabon and 100% interest in Brazil's Golfinho and Camarupim fields. At the start of 2025, total net 2P+2C reserves and resources stood at 599 million barrels of oil equivalent.