Vice President Hugh Sheppard Relocates to Australia, Strengthening SCF’s Presence in the Asia-Pacific Region and Energy Transition Strategy

Adelaide, Australia – August 2021 – SCF Partners is pleased to announce Hugh Sheppard’s relocation to Australia, where he will support existing portfolio companies in the region and identify new investment opportunities in the service and equipment sectors supporting LNG, mining, renewables and other energy sources. Hugh will also continue to remotely support the wider international team in Aberdeen and Singapore and work collaboratively with SCF’s co-investment partners in Australia.

Hugh has been an important part of SCF’s international investment strategy in recent years as a Vice President in the Aberdeen office. Over five years with SCF, Hugh has worked on new investment transactions with Gulf Energy (now part of NESR), Score Group, Hydrasun and supported the 2018 merger of four separate portfolio companies to build Centurion Group.

Hugh is originally from Adelaide, South Australia, where he worked with Santos as a reservoir and completions engineer. During his career in Australia, Hugh has worked with a broad range of energy service companies to plan and execute field development programs, flood recovery actions, and well integrity maintenance. Hugh joined SCF in 2016 following completion of his MBA at Harvard Business School.

Commenting on his move, Hugh said “SCF has an excellent track record of investing in Australia, and I am excited to continue that. We see great opportunities in key service and equipment sectors including LNG, mining and the energy transition. Australia is poised to be a key supplier of energy and resources to the major growth markets in Asia Pacific region, and we believe there will be a range of exciting opportunities which will benefit from this low carbon demand.”

Andy Waite, SCF’s Co-President, noted that “SCF has been invested in Australia for a decade and our portfolio companies in the region have generated excellent financial performance aided by the growth in LNG, mining and wind markets in particular. We believe the unique opportunity set and Australia’s bright future as a global leader in energy transition merits the expansion of our team in the region. We are fortunate to have someone of Hugh’s caliber to serve in this capacity.”