Sound Oil reshuffles its ranks following expansion in Morocco
Oil and gas explorer Sound Oil has reshuffled its management ranks, following the group expansion into Morocco.
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The Mediterranean-focused group said Luca Madeddu, an existing director of the company and currently the managing director of Italian operations, will assume the role of managing director of Moroccan operations, where he will head a team in preparation for the group's development of the Tendrara licence.
Madeddu will be replaced by Leonardo Spicci, the current deputy managing director of Italian operations, Solo said in a statement on Friday.
The group added it has begun the search for a new deputy managing director for its Italy-based business.
Solo Oil shares were down 1.50% to 18.10p at 08:22 on Friday.