Enteq Technologies, a specialist in energy services engineering and technology, has appointed Amir Absoud as its new head of finance.
Absoud will take over from the current Chief Financial Officer, Mark Ritchie. To ensure a smooth transition, Ritchie will remain with the company until late June 2024.
Amir Absoud brings over two decades of experience in designing and managing finance and tax functions. He is currently the founder and director of Upstreamly, where he provides strategic, commercial, and tax advice. Absoud’s expertise includes implementing systems and offering advisory services.
Upstreamly will support Enteq Technologies with accounting, tax, compliance, and advisory services. As the new head of finance, Absoud will serve as an advisor and observer to the board.
Andrew Law, Chief Executive of Enteq Technologies, commented on the appointment:
“Amir’s experience in energy services and growing businesses is directly relevant to Enteq’s needs. Coupled with his entrepreneurial skill set, I believe he will deliver a positive impact to Enteq.”
Law also highlighted the benefits of partnering with Upstreamly:
“The additional support of Upstreamly will provide a high-quality, scalable, and cost-effective solution to our financial services function.”
This strategic move aligns with Enteq’s commitment to enhancing its financial operations and sustaining growth in the energy services sector.
Enteq Technologies plc (LON:NTQ) develops and supplies equipment for Measurement, Logging and Geo-steering while drilling of wells for the Geothermal, Oil and Gas markets.
