NextDecade Announces the Appointment of Tarik Skeik as Chief Operating Officer
22 Juillet 2024 - 10:30PM
Business Wire
NextDecade Corporation (NextDecade or the Company) (NASDAQ:
NEXT), announced today that Tarik Skeik has been appointed Chief
Operating Officer (COO) of the Company. In this role, Skeik will
report to the Chairman and CEO, Matt Schatzman, and further enhance
a management team with outstanding experience in major capital
project delivery and operations as the Company works to deliver
Phase 1 of Rio Grande LNG (RGLNG) safely, on schedule, and within
budget, reach positive final investment decisions on RGLNG Trains 4
and 5, and advance its Next Carbon Solutions business.
Before his appointment as the COO of the Company, Mr. Skeik, 44,
was a global project executive at ExxonMobil where he worked since
2011. Mr. Skeik has over 20 years of experience delivering global
complex mega projects in LNG, oil and petrochemicals across North
America, the Middle East and Asia. He led the completion and
start-up of six greenfield assets exceeding $50 billion in
investments. His experience includes the planning and execution
through initial operation of projects including the Huizhou
Chemicals Complex in China, Gulf Coast Growth Ventures in the U.S.,
Banyu Urip in Indonesia, Kearl Expansion in Canada, and QatarGas 2
in Qatar.
“With over 20 years of experience delivering mega energy
projects around the globe, I’m excited to have Tarik join our
team,” said NextDecade Chairman and CEO, Matt Schatzman. “Tarik
brings a diverse set of skills that will help NextDecade transition
from a successful development company into a world-class operating
company.”
About NextDecade Corporation
NextDecade Corporation is an energy company accelerating the
path to a net-zero future. Leading innovation in more sustainable
LNG and carbon capture solutions, NextDecade is committed to
providing the world access to cleaner energy. Through our
subsidiaries Rio Grande LNG and NEXT Carbon Solutions, we are
developing a 27 MTPA LNG export facility in South Texas along with
one of the largest carbon capture and storage projects in North
America. We are also working with third-party customers around the
world to deploy our proprietary processes to lower the cost of
carbon capture and storage and reduce CO2 emissions at their
industrial-scale facilities. NextDecade’s common stock is listed on
the Nasdaq Stock Market under the symbol “NEXT.” NextDecade is
headquartered in Houston, Texas. For more information, please visit
www.next-decade.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of U.S. federal securities laws. The words
“anticipate,” “contemplate,” “estimate,” “expect,” “project,”
“plan,” “intend,” “believe,” “may,” “might,” “will,” “would,”
“could,” “should,” “can have,” “likely,” “continue,” “design,”
“assume,” “budget,” “guidance,” “forecast,” and "target," and other
words and terms of similar expressions are intended to identify
forward-looking statements, and these statements may relate to the
business of NextDecade and its subsidiaries. These statements have
been based on assumptions and analysis made by NextDecade in light
of current expectations, perceptions of historical trends, current
conditions and projections about future events and trends and
involve a number of known and unknown risks, which may cause actual
results to differ materially from expectations expressed or implied
in the forward-looking statements. Although NextDecade believes
that the expectations reflected in these forward-looking statements
are reasonable, it can give no assurance that the expectations will
prove to be correct. NextDecade’s actual results could differ
materially from those anticipated in these forward-looking
statements as a result of a variety of factors, including those
discussed in NextDecade’s periodic reports that are filed with and
available from the Securities and Exchange Commission.
Additionally, any development of subsequent trains at the Rio
Grande LNG Facility or CCS projects remains contingent upon
execution of definitive commercial and financing agreements,
securing all financing commitments and potential tax incentives,
achieving other customary conditions and making a final investment
decision to proceed. The forward-looking statements in this press
release speak as of the date of this release. NextDecade may from
time to time voluntarily update its prior forward-looking
statements, however, it disclaims any commitment to do so except as
required by securities laws.
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NextDecade Contacts
Investors
Megan Light mlight@next-decade.com 832-981-6583
Media
Susan Richardson srichardson@next-decade.com 832-413-6400
NextDecade (NASDAQ:NEXT)
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