Mr Stobie is also a director of the oil and gas company and will step down thanks to a mutual agreement with the board.

Mr Stobie will not remain at the firm to carry out his day-to-day duties, however, he remains available to assist the company with the transfer of his responsibilities.

Mr Richard Chaffe has assumed the role of acting chief financial officer at the request of the board. He joined the firm as head of finance in 2016. Mr Chaffe was previously finance director at EOG Finance in the UK and before that worked for Ernst & Young.

Steven McTiernan, chairman of Hurricane, said: “We thank Alistair Stobie for his contribution to Hurricane and are pleased that Richard Chaffe has agreed to assume the role of Acting Chief Financial Officer. He has considerable finance and audit experience both within Hurricane and the wider oil and gas sector.”