Skip to content
Energy

EIG’s MidOcean Energy Appoints Armand Lumens as CFO

EIG 3 mins read
WASHINGTON--BUSINESS WIRE--

MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the appointment of Armand Lumens as Chief Financial Officer (CFO).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240514998356/en/

(Photo: Business Wire)

(Photo: Business Wire)

Mr. Lumens brings to MidOcean more than 30 years of highly relevant and broad expertise across M&A, private equity, business development, trading, financing, audit, risk management, venture capital, take-privates and initial public offerings.

“We are delighted to welcome Armand to the MidOcean team,” said De la Rey Venter, MidOcean’s CEO. “We’re confident in his ability to drive financial excellence and contribute to the company's continued growth and success. His wealth of expertise will be an invaluable asset as MidOcean continues to pursue its strategic objectives.”

Mr. Lumens said, “MidOcean is well positioned to make a significant impact on the energy transition through its expertise in and focus on LNG. I am thrilled to join De la Rey and the EIG team as it seeks to build a global LNG portfolio.”

Mr. Lumens most recently served as the Group CFO of Neptune Energy, where he played a pivotal role in developing and implementing the company's financial and IT strategies and achieving its operational success. Prior to his tenure at Neptune Energy, he held the position of Group CFO at Louis Dreyfus. Previously, Mr. Lumens spent more than 24 years at Shell, where he held various senior positions, including CFO of Shell Trading, Chief Internal Auditor and Head of Group External Reporting and Planning.

Mr. Lumens earned a Bachelor’s degree and an MBA from Maastricht University and an MSc in Finance from the London Business School. He is a Certified Internal Auditor and an alumnus of the Executive Leadership Program of IMD. Mr. Lumens is fluent in English, Dutch, French, German and Italian.

About EIG
EIG is a leading institutional investor in the global energy and infrastructure sectors with $24.7 billion under management as of March 31, 2024. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 42-year history, EIG has committed over $47.9 billion to the energy sector through 410 projects or companies in 42 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul.

About MidOcean Energy
MidOcean Energy, an LNG company formed and managed by EIG, seeks to build a diversified, resilient, cost and carbon competitive global LNG portfolio. It reflects EIG’s belief in LNG as a critical enabler of the energy transition and the growing importance of LNG as a geopolitically strategic energy resource. MidOcean Energy is headed by De la Rey Venter, a 26-year industry veteran who has held a variety of senior executive roles, including Global Head of LNG for Shell Plc.

For additional information, please visit EIG’s website at www.eigpartners.com or MidOcean Energy’s website at www.midoceanenergy.com.


Contact details:

EIG
FGS Global
Kelly Kimberly / Brandon Messina
+1 212-687-8080
EIG@fgsglobal.com

Media

More from this category

  • Energy, Government Federal
  • 20/05/2024
  • 16:33
Solutions for Climate Australia

Two years after ‘Climate Election’: Coalition missing on climate

MEDIA RELEASEMonday 20 May 2024 Federal Coalition has no policy to address climate crisis Tomorrow marks two years since the federal Coalition lost the ‘Climate Election’ yet they still have no climate policy, no plan to reduce climate pollution and haven’t updated their 2030 emissions reduction target. “In 2022, Australians voted decisively for action on climate. They elected the most climate-friendly parliament in Australia’s history. The community showed we expect all political parties to adopt strong, science-based targets to cut climate pollution and uphold those enshrined in legislation,” said Deputy Director of Solutions for Climate Australia Sophia Walter. “But the…

  • Community, Energy
  • 20/05/2024
  • 13:57
REAlliance

Media Release: Helen Haines backs Local Energy Hubs for regional communities

For immediate release 20 May 2024 RE-Alliance welcomes news independent MP Helen Haines has backed Local Energy Hubs as a way to deliver accurate information about the energy shift to local communities. RE-Alliance, which works with regional communities as they navigate the energy shift, said Local Energy Hubs would be physical information centres staffed by experienced local experts. They could inform local people about local renewables and transmission projects; household and farm business electrification and battery storage; electric vehicles; offshore wind projects and more. RE-Alliance National Director, Andrew Bray, said local experts relaying accurate information to their communities was the…

  • Energy, Federal Budget
  • 20/05/2024
  • 11:54
Adrian Merrick, Founder of Energy Locals

Our thoughts on the Government’s $300 power rebate

Last week’s Federal Budget brought with it some interesting news: starting July 1, 2024, every Australian household will enjoy a $300 rebate on their energy bills, which we’ll automatically apply to reduce your costs. At Energy Locals, we’re thrilled to see Australians receiving a bit of financial breathing room after the heavy cost-of-living pressures we've all faced. However, we question whether this rebate truly tackles the root causes of high energy prices. Most of the rises in Australia’s energy costs in the past few years stem from higher wholesale power costs. Power station operators, which includes the ‘big 3’ energy…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.