Tellurian Inc. is shifting personnel as the company continues to right itself after 2023 saw the ouster of former executive chairman Charif Souki and a warning that the company was struggling financially.

Executive Chairman Martin Houston said that since December, the company has focused on delivering value for our shareholders and customers and Tellurian’s recent activities support that focus.

“I am encouraged by Tellurian’s progress in the last few months, and we will continue to focus on delivering Driftwood LNG,” Houston said in a March 18 press release.

Tellurian announced that Samik Mukherjee, president of Driftwood Assets, has been appointed president of Tellurian Investments, and has responsibility for the development of all Tellurian’s assets, including upstream, Driftwood LNG and pipeline, as well as permitting, safety and asset integrity.

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The company also announced:

Daniel Belhumeur, president of Tellurian Inc., will retain accountability for finance, investor relations, legal, public and government affairs and human resources;

Presidents Samik Mukherjee and Daniel Belhumeur will jointly manage Tellurian’s commercial activities; and

Tellurian CEO Octávio Simões will move into an advisory role, as previously announced, and will retire in June 2024.

“We are grateful for Octávio’s guidance over the past several years. He has helped position Tellurian for the future, and we wish him the best of fortune as he transitions to retirement,” Houston said.