Natural Resources >> CEO Interviews >> October 25, 1999

Pierre Jungels – Enterprise Oil Plc (etp.l)

DR PIERRE JUNGELS has been Chief Executive of Enterprise Oil, an independent British exploration and production company, since 1st January 1997. He was educated at the University of Liege in Belgium, obtaining a Degree in Engineering Geology in 1967 and at CALTECH (the California Institute of Technology) where he achieved a PhD in Geophysics and Hydraulics in 1973. He began his career in 1973 as a Petroleum Engineer with Shell, working offshore Sarawak. A year later he joined Petrofina in Brussels as a Reservoir Engineer and in 1975 Pierre was assigned to Fina in Angola as District Manager of the north. In 1977 he took up the position of General Manager & Chief Executive before leaving in 1980 to become Managing Director & Chief Executive of Fina Plc in the UK. From 1986-1988 he was the first non-British President of the Institute of Petroleum. In 1989 he was awarded an honorary CBE. The same year he was appointed Executive Director, Downstream, with the Petrofina Group in Brussels. He remained with the group until 1995, his last position being Executive Director, Exploration & Production. In 1996 Pierre joined British Gas as Managing Director, Exploration and Production. From 1997-1999 Pierre was Chairman of The Centre for Marine and Petroleum Technology. Profile
TWST: Let's start out by you giving us a brief overview of Enterprise

Oil PLC, the company's history, products, activities, those kinds of

things, please.

Mr. Jungels: Enterprise Oil was