Petrofac Chairman Norman Murray. Image courtesy of Petrofac.

Chairman of Petrofac Norman Murray resigned from his post Friday.

Murray’s resignation will be effective immediately for “compassionate reasons” the company said.

The company did not provide details about the reasons behind Murray’s departure.

Petrofac is an oil and gas services company.

Murray, 65, served as Chairman since May 2011.

Senior Independent Director Rijnhard van Tets will take the reigns as Chairman today.

Tets was appointed as a Non-Executive Director in May 2007 and became Senior Independent Director in May 2011.

Non-Executive Director Thomas Thune Andersen will become Senior Independent Director.

“It is with tremendous sadness that I step down from the Board. I would like to thank my Board colleagues for their support during my tenure and their understanding of my current situation. I leave Petrofac in good shape and the Board in Rijnhard’s experienced and capable hands,” Murray said.

Before joining Petrofac, Murray was a venture capitalist for 25 years and was the co-founder and Chairman of London-based Morgan Grenfell Private Equity.

Murray also served as an independent non-executive director at Cairn Energy in 1999 and Chairman in 2002.

Petrofac has seven business units that provide a range of offshore and onshore services to international clients including engineering, operations, maintenance, training and consulting.

In 2013, the company had a revenue of $6.3 billion and a net profit of $650 million.

Petrofac has its registered office in Jersey and its main corporate office in England.


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