Francis Gugen

Francis Gugen

Ex - IGas Energy Executive Chairman, Independent

o Director and chair Audit Committee of publicly quoted SBM Offshore, the world’s largest offshore floating production facilities provider; Mcap £3.5bn
o Executive Chair of SML, a biotech spin out from Raft; commercialising a wound healing device to heal without a skin grafts; a world 1st
o Founder member POWERful Women; government supported initiative re women in energy


o 1982-2000 helped grow Amerada Hess in North West Europe (then 3rd largest UKCS operator), ultimately becoming regional CEO

o 2000-2017 Chair/founder/major shareholder AIM listed IGas; leading onshore UK producer/shale player with >1m gross acres and Mcap £100m
o 2002-2006 Chair/part owner/founder privately held CH4, which developed 75mmboe of fallow UKCS gas reserves then sold for £0.2bn
o 2003-2016 Director then Chair publicly quoted Petroleum Geo-Services; now offshore seismic market leader (ranked 3rd when took chair)
o 2007 – 2017 Chair of Chrysaor from inception until it acquired a package of assets from Shell for £3bn; establishing it as the leading North Sea UK Independent E&P company
o 2007-2018 Chair/founder/29% owner until sold of privately held Fraudscreen; producing an honesty index distinguishing ‘will’/‘wont’ pay customers
o 2001-2017 Chair for 7 years of Raft; a world renowned medical research charity
o Past industry Chair Pilot and helped develop its concept with UK Treasury
o Past President of Oil & Gas UK (UK’s upstream trade body)
o Past Chair of CRINE (UKCS cost reduction initiative)
o Past Chair of the cbi’s Environmental Affairs and member Economic committees
o Past Member Energy Transition Forum 2.0; an international body looking for practical ways to manage climate change
o Past Board member Britannia Building Society, chair elect Anglian Water in an aborted demerger and subsequently also in potential leveraged buy-out of company.

Francis is joining the 2019 Awards of Excellence Judging Panel. The panel will be meeting on Friday 18 October to review, deliberate, discuss and shortlist the nominations received from our global network.

Awards of Excellence

World Energy Capital Assembly