MADRID, Spain — Nicolas Foucart has been appointed CEO of Repsol Sinopec Resources UK Ltd., effective Sept. 1.
Foucart replaces Jose Luis Muñoz, who held the post from April 2020. Muñoz is relocating to Spain upon being appointed director of mergers and acquisitions (M&A) for Repsol in Madrid.
Foucart joined Repsol Sinopec in August 2018, most recently holding the position of COO, based in Aberdeen.
Foucart commented on the news, saying, “I’m delighted to be appointed CEO of Repsol Sinopec. My first priority will be to ensure the continued health and safety of all Repsol Sinopec personnel, and of the many contractors who support our operations. Safe and sustainable operations will always come first.
“It’s an interesting time to be part of the energy sector, and I’m excited to have the opportunity to lead Repsol Sinopec through the challenges and opportunities that lie ahead. Our aim is to consistently deliver results against our corporate strategy, which is focused on safe and sustainable oil and gas production, efficient decommissioning, and the energy transition. For us, the energy transition means emissions reduction and achieving net zero, whilst contributing to the UK’s domestic energy supply."