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Aquaterra Energy Appoints New Financial Director

AquaterraAquaterra Energy has appointed Nick Hawkes as its new Financial Director as the company gears up for service expansion. Based at the company’s headquarters in Norwich, Mr Hawkes will be responsible for providing effective financial leadership and support to the business.

Mr Hawkes has more than four years’ experience in the oil and gas industry and joins Aquaterra having spent nearly 20 years with Babcock International Group where he latterly held the position as Financial Director for fifteen years. Mr Hawkes graduated from Bournemouth University in 1987 with a BA (Hons) Business Studies.

His appointment follows the announcement in July that Aquaterra Energy was the first company to secure a multi-million euro investment from EV Private Equity as part of its pledge in 2016 to invest EUR 170 million in North Sea businesses with new technologies and high growth potential. The independent private equity firm confirmed it was seeking to invest between EUR 8.5 million to EUR 34 million in each company.

Mr Hawkes joins newly appointed Chairman, Alan Wilson, along with non-Executive Directors Mark Boyd (co-founder) and Gavin Prise (former CEO of Expro), all of whom took up their posts following the EV investment deal.