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    Jadestone appoints new director & CFO

Summary

-Dijkstra has worked in finance and management roles at SBM Offshore since 2013.

-Earlier he worked as a finance and planning manager for Shell in southeast Asia.

by: NGW

Posted in:

Complimentary, Natural Gas & LNG News, Asia/Oceania, Corporate, Appointments

Jadestone appoints new director & CFO

Jadestone Energy has tapped Bert-Japp Dijkstra to serve as its director and CFO effective the start of September, the Asia Pacific-focused company reported on June 28. He is replacing Dan Young, who stepped from the roles in April.

Dijkstra is joining Jadestone from SBM Offshore, where he held a number of finance and management roles since 2013, most recently serving as the company's treasurer and director of investor relations. Jadestone noted that Dijkstra had been directly responsible for managing all SBM's financial activities, including the structuring of $5bn in recent project financing, managing financial risk and optimising funding sources and corporate finance.

He was voted best investor relations professional in the energy services sector in the 2019 Extel and in the 2020 and 2021 Institutional Investor surveys.

Prior to his time at SBM, Dijkstra had financial roles in European commercial real estate and also at Shell, where he worked in southeast Asia as finance and planning manager. He will relocate with his family to Singapore to be close to Jadestone's assets and finance terms.

"He brings deep and relevant experience of capital markets and the upstream sector, and his impressive track record of executing significant financing solutions in the oil and gas industry will be invaluable to Jadestone as we seek further accretive growth in the Asia-Pacific region," Jadestone CEO Paul Blakeley commented.

Jadestone has assets in Australia, Indonesia, Malaysia, New Zealand, the Philippines and Vietnam. It earned a record $340mn in revenues in 2021 on the back of higher oil and gas prices, with average production of 12,545 barrels of oil equivalent/day that year.