Building on the previous award by Total E&P UK of the contract for the Edradour Subsea Development, located approximately 75 km North West of Shetlands in the UK waters, Technip has been awarded an additional scope for the parallel development of the Glenlivet field located nearby.

The Glenlivet specific scope includes:
fabrication and installation of 12" production pipeline and 6" MEG(1) pipeline complete with a 2" piggy backed service line,
supply and installation of steel tube umbilical, manufactured at Technip Umbilicals facility in Newcastle, UK,
supply and installation of flexible tails from Flexi France, the Group's manufacturing plant in Le Trait, France,
fabrication and installation of pipeline end manifold, flowline end terminations, flexible tails and rigid well tie-in spools, as well as the installation of CPI(2) templates and manifolds, rock dumping and pre-commissioning.

The Group will leverage its unique vertical position in the subsea business:
Technip's operating center in Oslo, Norway, will execute the project in full synergy with the previously awarded Edradour project.
Vessels from the Group fleet will perform the installation in the summer seasons of 2016 and 2017.
The pipelines will be fabricated at Technip's spool base at Evanton, UK, and installed by Technip's vessel Deep Energy.
Umbilicals will be manufactured at the new Technip umbilicals facility in Newcastle, UK.

Knut Boe, President North Sea Canada, stated: "It is very good to see the benefits of the synergies between these two projects being realized by Total's award of this extra scope to Technip."

(1)MEG: Mono-ethylene glycol, used to control hydrate formation in production fluids.
(2)CPI: Company Provided Item

Express Energy Services ("Express" or the "Company"), a leading oilfield services company, announced the appointment of oil and gas industry veteran Mark Reese (photo), a former National Oilwell Varco (NOV) executive, as Chairman of the Board of Directors of ES Platform Holdings, Inc., the parent company of Express.

"I am proud to welcome such an experienced industry professional as Mark Reese as the Chairman," said Darron Anderson, chief executive officer, Express Energy Services. "His leadership and wealth of oil and gas industry knowledge will be beneficial to Express as we strengthen and grow our operations."

Mr. Reese spent more than 30 years at NOV before retiring from the company as President - Rig Technology. He held a variety of executive positions in oil and gas operations and maintenance while at NOV, including President of Mission Products Group and President of Expendable Products.

"I'm impressed with Express' culture of excellence, track record of operational success and strong commitment to training and safety, and I'm excited to offer an additional perspective on most effectively leveraging these strengths," said Reese. "I look forward to working with the Board of Directors and management team to enhance and extend the Company's value proposition."

Event seeks out solutions to drive down costs and increase efficiency

Leading oil and gas industry figures will give their views on the growing importance of technology in helping the sector tackle cost and efficiency challenges in a difficult business environment at the Technology Showcase in Aberdeen on March 4.

The conference, organized by the Industry Technology Facilitator (ITF) in partnership with Oil & Gas UK, will take place at Aberdeen Exhibition and Conference Centre and aims to highlight the emerging technologies needed to improve production efficiency and curb rising operating costs in the UK Continental Shelf. The exhibition will showcase latest innovations from companies, universities and technology institutes across the UK.

The opening session will include presentations from Paul Warwick, executive vice president Europe Atlantic for Talisman Energy and Philippe Guys, managing director of Total E&P UK.

In his role as chair of the UK Technology Leadership Board, Mr. Warwick will present on evolving technology priorities for the North Sea industry. He said: "Our industry faces many challenges operating in the mature environment of the UKCS and beyond. This creates opportunities for us to develop and deploy new and existing technologies to deliver greater capital efficiency, improved safety and reliability, and operational excellence.

"To be successful, we will require renewed creativity, ingenuity and innovation and focus on how we recognize and apply new and emerging technologies. This change in approach will help to attract the next generation of technical graduates and apprentices."

Mr. Guys will speak about Total's technology roadmap and its support of the UK Technology Leadership board. He said: "Total takes a long term view when it comes to technology and we are looking to a future where innovation and the adoption of new technology will play an ever more vital role. Total has built on its many years of experience in the North Sea and also made use of the research and development work our company has generated across the world."

Other organizations set to present at the event include GE Oil & Gas, BP, Shell, Chevron and Baker Hughes. The event is also being supported by the Department of Energy & Climate Change and the Department for Business Innovation & Skills.

The four focus areas are:

• Drilling Efficiency, Well Intervention and Abandonment
• Efficient Water Injection, Handling and Processing
• Better Imaging, Targeting & Recovering our Reserves
• Digital Monitoring, Robotics and Autonomous Systems

Dr. Patrick O'Brien, CEO of ITF (photo) said: "There is no doubt of the vital role that technology will play in maximizing reserves and creating cost efficiencies in a low barrel price decline. The Technology Showcase aims to bring to life some of the areas where innovation can make the most dramatic difference from drilling more efficiently to supporting better imaging to target recovery. It's the ideal platform for pin-pointing practical solutions and collaborating to address the ongoing cost pressure challenges."

Oonagh Werngren, operations director at Oil & Gas UK, said: "The industry is operating in a difficult business environment which means that we must accelerate the development of innovative technology specifically to ensure the long-term future of the UKCS. Technologies need to be wide-ranging but deliver greater levels of efficiency and reduced cost. The advantage of the Technology Showcase is that it allows the technology research and development community to more accurately understand operators' technology needs while industry gains a deeper insight into cutting-edge innovations which could contribute to a productive life of the North Sea beyond 2050."

The conference program includes interactive sessions in which operating companies and developers will highlight specific technology needs and solutions for discussion. Alongside the conference program, technology companies and academics will give 'Tech Talks' within the exhibition arena.

Bibby Offshore, a leading provider of subsea installation and services, continues its global success with the announcement that its Singapore division, Bibby Offshore Singapore (BOS), has secured a contract with subsea service provider Seascape.

Singaporean company Seascape, a subsidiary of Mermaid Subsea Services, has appointed BOS to provide ROV services for its DP2 dive support vessel (DSV), the Windermere.

Launch of Bibby Offshore owned ATOM work class ROV

The 365 day contract, which commenced on 5 January 2015, involved the vessel being mobilized with a Bibby Offshore owned ATOM work class ROV. Designed with ease of operation and maintenance in mind, the 100HP, 3000m-rated, SMD ultra-compact work class ROV is suitable for drill support, survey and construction duties, and can be mobilized on vessels and rigs with limited deck space.

Malcolm Rennie, General Manager at Bibby Offshore Singapore said: "This contract win with Seascape is further evidence of the continued demand for BOS's services as a leading supplier of specialist ROV equipment, and experienced personnel. This announcement marks a positive start to the year for the division and underpins our commitment to providing a first class service to clients in the region.

"With the continued support of Bibby Offshore, the team in Singapore strives to deliver competitive services to the Asia Pacific region and India, and to be a partner of choice for leading companies in the region."

Bibby Offshore has enjoyed steady growth since 2003 and now employs more than 1,450 people onshore and offshore worldwide, with offices in Aberdeen, Liverpool, Newcastle, Singapore, Trinidad, Houston, and Norway. The company has an international fleet of seven subsea support vessels and 17 ROVs, and will continue to add to its fleet to meet demand.

Wood Group has appointed Michele McNichol to the position of chief executive officer (CEO) for Wood Group Mustang (WG Mustang), effective immediately. Michele succeeds Steve Knowles, who will retire from Wood Group on April 1, 2015.

Michele has more than 25 years of experience in the oil and gas industry and has been with WG Mustang since 2001. She was previously executive vice president, with direct responsibility for offshore, onshore, oil sands and pipeline operations worldwide. She has served as president of the upstream business unit and regional director for upstream operations across the Americas. Her tenure at WG Mustang includes high-profile industry projects, including serving as WG Mustang's project manager for BP Thunder Horse, the world's largest semi-submersible production facility.

Steve Knowles has led WG Mustang since 2006, focusing on growth and international expansion. As a result, WG Mustang now has operations in 15 countries across five continents.

"Wood Group Mustang has had great success under Steve's watch and we thank him for his strong leadership and commitment to WG Mustang's business and people," stated Bob Keiller, Wood Group CEO. "We look forward to Michele fulfilling the CEO role and bringing her perspectives, experience, leadership and energy to the job at a time when we see many challenges and opportunities ahead."

"I welcome the opportunity to take Wood Group Mustang into its next evolution, focusing on efficiencies and effectiveness to deliver the most competitive, creative solutions for our customers," stated Michele McNichol. "We will remain committed to our people-oriented, project-driven culture, which translates into highly effective teams."

Michele earned a Bachelor of Science degree in chemical engineering from Texas A&M University. She is a registered professional engineer in Texas and is a certified Project Management Professional.

C. D. Schempf, Jr., President of Tesla Offshore LLC, a leading offshore survey service provider, has announced the promotion of Matt Keith (photo) to Vice President and Geoscience Manager, and an officer with the company. Schempf stated that, "by promoting a young man of Matt's caliber to a position of leadership serves to illustrate Tesla Offshore's commitment to excellence in all aspects of the interpretation and reporting process."

A native of Pennsylvania, Matt earned a master's degree from Florida State University, where he specialized in underwater archaeology. Matt is experienced in marine remote sensing data acquisition and analysis, and has accrued extensive experience surveying and excavating both submerged and terrestrial archaeological sites in his previous positions as an archaeologist in both the public and private sectors before joining Tesla Offshore in 2004 as a marine archaeologist.

In 2006, Matt was promoted to Geoscience Manager where his responsibilities include directing processing and interpretation of all geophysical data sets, managing preparation of reports addressing seafloor and sub-seafloor conditions, and assisting clients with both geophysical and regulatory expertise. Matt is an active member of a number of professional societies, including the Society of Exploration Geophysicists and The Geologic Society of America, and is a Registered Professional Archaeologist. Matt has written hundreds of reports on behalf of Tesla Offshore's clients that address benthic, shallow hazard and archaeological concerns related to the oil and gas industry infrastructure. He has co-authored federally-funded studies, published peer reviewed articles and book chapters and is the editor of the forthcoming volume, "Site Formation Processes of Submerged Archaeological Sites", from the University Press of Florida. As a Vice President, Matt will continue to manage the Geosciences and related divisions while working to further enhance Tesla Offshore's position as an industry leader and its commitment to expanding its global reach.

HB Rentals, a Superior Energy Services (NYSE: SPN) company specializing in onsite accommodation services, announces the installation of an end-to-end package for BHP Billiton, consisting of offshore accommodation modules and operating essentials for water, sewage, power and lighting.

The BHP Billiton project is in the Angostura Field, offshore Trinidad and Tobago. The installation is on the fixed platform Kairi 2 and supports a workforce of 72 personnel. HB installed its fiberglass stackable modules, consisting of a total of eight sleeper and general purpose buildings. The temporary living-quarter complex required local HB engineering design support to ensure the complex did not violate the structural integrity of the platform and to custom design platforms and stairs for ease of access.

HB's Trinidad-based project management team planned for the volumetric sizing and installation of the operating essentials necessary for daily onsite living and working, including fresh water supply, sewage management, power generation supply and lighting, as a comprehensive end-to-end package.

"HB Trinidad was able to provide all the essentials for this temporary living-quarter installation," said Jude Primeaux, business unit director of Latin / South America Operations. "Because BHP came to us for an end-to-end solution, we were able to streamline the installation process to fit a tight 14-day delivery window. Our product availability in Trinidad was a strong factor in delivering on this temporary project and helping BHP stay on schedule."

"Our ability to quickly respond with available product, engineering and project management support, and a comprehensive package were deciding factors in our being awarded this project," said Jason Cox, business development representative, Trinidad and Tobago. "Our goal with BHP was to help them stay on schedule to minimize the risk of unplanned downtime and associated productivity loss."

HB Rentals has been active in the Trinidad and Tobago market for 15 years and has supported up to 500 personnel on board (POB) at various times. Its accommodation fleet based in Claxon Bay, Trinidad, provides beds, galleys, diners, laundries, offices, recreation rooms and offshore service modules across its Fiberglass, ABS / USCG A60 Certified and DNV A60 Certified product lines.

Intertek, a leading quality solutions provider to industries worldwide, has invested £1.2m expanding its center of excellence for corrosion testing services to meet growing demand for asset life extension solutions in the oil and gas industry.

The expansion, which has been driven by major new contract awards worth around £1m, takes the total investment in the Manchester, UK, site to over £5m since it first opened in 2008.

Originally consisting of two units with a total size of 10,000 sq ft, the facility has been extended twice to meet rapidly growing demand for corrosion testing services, primarily from the oil and gas industry. Now covering 27,000 sq ft, it is one of the world's largest independent laboratories dedicated to corrosion testing.

Graeme Dicken, Business Manager for Testing at Intertek Production and Integrity Assurance, said, "We believe that our newly expanded facility is the largest of its kind in the world. The additional space will ensure that we can meet the increasing demand from clients to tackle the problems they are facing with respect to the use of materials and chemicals in extreme environments.

"Following the site expansion, we have large-scale bespoke test rigs to simulate specific environments and issues, providing clients with accurate data and solutions. The upgrade recently enabled us to conduct a pilot plant-scale flow loop and full pipe section subsea simulation studies. We have a proven track record of developing test methodologies and constructing novel equipment, which then become industry standard approaches."
The site provides specialist laboratories for sour service, high pressure/high temperature, coatings and non-metallics, chemical treatment testing and particularly corrosion fatigue studies. In addition, the facility has been granted accreditation for two tests under the UKAS ISO 17025:2005 standard - a vital requirement for clients seeking sour service testing.

Corrosion is well reported to cost the oil and gas industry $1.4bn (£896m) annually, with subsea, topsides and onshore equipment all vulnerable. Vital assets are increasingly expected to operate beyond their projected lifecycles, driving a rise in demand for the corrosion testing services that Production and Integrity Assurance offers.

Jim Palmer, Director of Intertek Production and Integrity Assurance, said: "With almost 40 years' experience in advanced corrosion testing, technology development and research, our business is uniquely positioned to provide pan-industry advanced corrosion testing services. Our Manchester site employs 65 corrosion and materials specialists, offering a multidisciplinary resource at one location, supported by a team of internationally renowned experts."

Blaine Thibodeaux has been named President of offshore survey company Fugro Chance Inc. His responsibilities include Fugro's Gulf of Mexico and Arctic offshore operations, including marine positioning, offshore construction and subsea projects, and international services.

Having begun his career with Fugro's IT group in 1996, he joined John Chance Land Surveys (a Fugro company) in 1997. As a Division Manager, he oversaw FLI-MAP®, the airborne corridor mapping system, collecting many thousands of miles of LiDAR data for federal and state agencies and the private sector.

In 2010, Thibodeaux returned to Fugro Chance as Vice President of Marine Operations and assumed the role of Chief Operating Officer in April 2014. He has a degree in Civil Engineering from the University of Louisiana at Lafayette and is a graduate of the Fugro Academy Executive/Leadership Development Program in the UK and the LSU Executive Development Program in Baton Rouge, LA. He is also involved in community related activities and serves on the Board of Directors for the United Way of Acadiana, a charitable organization that pools efforts, and identifies and resolves community issues through partnerships to create more opportunities for a better life.

Thibodeaux succeeds Glynn Rhinehart, who will be retiring this year after 19 years with Fugro.

In-house manufacturing capabilities will allow SeaRobotics to broaden its offerings to new markets.

SeaRobotics Corporation is pleased to announce its acquisition of FP Tool Inc., a Stuart, FL-based machine shop. The merging of capabilities will enable SeaRobotics to offer expanded and efficient manufacturing services to the marine robotics, subsea components and theme park markets, filling the need for a high-specification fabrication capability in the Southeast region that can serve a broad range of industries.

"The incorporation of FP Tool's manufacturing capacity completes SeaRobotics' ability to provide our customers a comprehensive product development solution, including product conceptualization, design, fabrication, and testing," commented Don Darling, President of SeaRobotics. "Our clients in a variety of industries will benefit from this 'one stop shop' service that our broadened capabilities will provide."

As a result of incorporating the expertise and capabilities of FP Tool, and the inclusion of an AWS/ASME certified welding program, SeaRobotics will be able to offer in-house solutions for high-specification, close-tolerance machined parts, weldments and assemblies for a variety of industries. SeaRobotics plans to relocate the manufacturing services to its main facility in early 2015 to accommodate the additional personnel, machinery and infrastructure.

"This expansion of the SeaRobotics campus will enable more direct face-to-face interaction between engineering and manufacturing personnel," said Jim Browning, Vice President of Production at SeaRobotics. "We will benefit from each other's experience and knowledge, ultimately creating solutions that will better benefit our clients."

Roger Horn, former President of FP Tool and current Production Manager at SeaRobotics, adds, "Our new partnership with SeaRobotics allows us to extend our capabilities with engineering support and expanded fabrication facilities. We look forward to providing our customers with a broader range of design and manufacturing solutions."

Subsea 7 S.A. (Oslo Børs: SUBC: the Company) has announced it has been awarded a contract by Woodside Energy Ltd for the Persephone Work Pack 2 Fabrication, Subsea Installation and Diving Services project, offshore Australia.

The Persephone Project consists of two wells tied into a subsea production manifold with production fluids transported to the existing North Rankin Complex (NRC). The contract comprises fabrication, transportation, installation and pre-commissioning activities within the principal scope of work, with additional deconstruction and pipeline suspension work in the Echo Yodel Field at the Goodwyn AlphaPlatform.

The Company's diving construction vessel Seven Eagle will perform all of the offshore activities. Project management and engineering will commence immediately from the Company's office in Perth,Australia, with offshore operations scheduled to commence in the fourth quarter of 2015.

Andy Woolgar, Vice President, Australia & New Zealand, said: "We are very pleased to receive this important award from Woodside Energy Ltd. We believe it is a strong reflection of our long, successful and collaborative relationship with Woodside."

Ashtead Technology has secured a new contract with FUGRO to be a preferred supplier of subsea rental equipment and associated services to all its operating companies around the world.

The award comes as the Aberdeen head-quartered business, which is the only global, independent provider of subsea electronic and survey equipment rental, sales and services, launched its 30th anniversary celebrations at Subsea Expo marking three decades of subsea technical excellence.

In the new two year agreement, Ashtead Technology will rent subsea equipment, including underwater positioning, subsea inspection, ROV survey sensors and tooling, metocean, hydrographic and geophysical and camera and video equipment, to FUGRO companies world-wide.

Photo:, Allan Pirie, chief executive and Tim Sheehan, commercial director of Ashtead Technology outside Ashtead's Aberdeen HQ

Tim Sheehan, commercial director of Ashtead Technology, said: "This is a strategically important contract win for us and we are totally focused on delivering real value and efficiencies to FUGRO by meeting all their requirements for subsea equipment across their global operations. We believe this contract award is a result of our service delivery to Fugro over the last two years coupled with major investment in our rental fleet which guarantees our customers can access the latest and most in-demand technology on the market."

Ashtead Technology, which made its biggest single annual investment of £10million in its fleet last year, is committed to further investment in the coming years.

"FUGRO is a major account for us and we will be working hard to build on existing relationships with all its operating companies from Aberdeen to Bergen, Cairo to Abu Dhabi, Singapore to Perth Australia and from Rio to Houston," added Mr. Sheehan.

Formed in 1985 as a subsea equipment rental company, Ashtead Technology has grown to become a market leader in providing integrated subsea technology solutions to customers around the globe.

The company has marked three decades in business with a clear strategy for the future to further increase its range of services. Through the delivery of enhanced technical support services, increasing the capabilities of its teams across the business and investing in the latest technology to build the largest and most modern rental fleet in the subsea sector, Ashtead Technology is well on-track to achieving its ambitions and is committed to further improving and growing its range of value-added services which now include the supply of offshore personnel, equipment sales, complete asset management, calibration, repair and maintenance, custom engineering, cable molding and training through the recently launched Ashtead Academy

Mr. Sheehan said: "With recent strong growth, significant investment in our rental fleet, a number ofexclusive product sales agreements secured with world-leading manufacturers and a brand new, industry-first training academy, we have entered our 30th year in a robust position.

"Since the eighties, the subsea sector has evolved to become a recognized stand-alone industry that has been growing globally at a phenomenal rate. With the recent decline in oil price, 2015 is set to be a challenging year but innovation and technology will be key to driving efficiency and Ashtead is ideally placed to work hand-in-hand with our customers to explore and then deliver the best and most efficient solutions for their specific needs."

SEACOR Holdings Inc. (NYSE: CKH) (the "Company" or "SEACOR") announced that Oivind Lorentzen stepped down as Chief Executive Officer, but will continue as a director and non-executive Vice Chairman of the Board of Directors. Charles Fabrikant, Executive Chairman, assumed the position of Chief Executive Officer. In addition, the Company appointed John Gellert and Eric Fabrikant as co-Chief Operating Officers. Mr. Gellert will oversee Offshore Marine Services and Mr. Eric Fabrikant will oversee Transportation Services, Witt O'Brien's and CLEANCOR Energy Solutions.

Matthew Cenac, Chief Financial Officer, and Paul Robinson, Chief Legal Officer, have been elevated to the position of Executive Vice President. Bruce Weins, formerly Controller, has been appointed Chief Accounting Officer and Senior Vice President.

Mr. Charles Fabrikant stated, "Elevating John and Eric to co-Chief Operating Officers reflects the evolution of our organization. John has been overseeing the day-to-day operations and capital commitments of our offshore business where he manages the process of funding projects, managing joint ventures, and handling investor relations. Eric has similar responsibilities for transportation services, which embraces tanker operations, harbor towing, Caribbean liner service and inland marine, which includes an oil storage terminal and investments in grain elevators." Mr. Charles Fabrikant added, "I would like to acknowledge Oivind's outstanding contribution to the Company and I am extremely pleased he will continue as Vice Chairman."

Mr. Lorentzen stated, "I enjoyed working closely with Charles, John and Eric, and am confident that the Company will have continued growth and success under their leadership. As Vice Chairman I am looking forward to an active role in helping the Company with its strategy and growth."

Aberdeen based, Hydro Group Plc, a global designer and manufacturer of underwater cables and connectors for subsea, underwater, topside and onshore applications unveiled new machinery and subsea cabling capabilities at the Subsea Expo in Aberdeen this month.

As the only company in Scotland with this bespoke subsea cabling offering, which enables Hydro Group to offer cable products that will improve and support subsea operations, showcasing these capabilities at the largest annual subsea event in Europe, provides the ideal platform to launch this new offering to the market.

Graham Wilkie, Sales Director at Hydro Group said: "Having recently invested a six-figure sum on new state-of-the-art multi-layered steel armoured cabling machinery, it was important to identify the right opportunity to showcase this significant addition to our current capabilities and how this can enhance the quality of work we produce.

"The Subsea Expo has grown significantly in recent years, and as an Aberdeen headquartered company that continues to develop products from prototype concept through to design and manufacture in Scotland, the show represents a good opportunity to bring these new capabilities to a large target audience."

Expanding the product offering and capabilities has also meant the creation of new jobs for Hydro Group. Staff numbers at the firms Aberdeen base have risen to over 100 for the first time and projected turnover for 2015 is predicted to rise by 12%, thanks to increased development of new and existing markets.

Continuing Mr Wilkie said, "Having recently secured more than £2million worth of subsea contracts, thanks to existing and new capabilities, we will use the Subsea Expo as an opportunity to build on this success and demonstrate our extended product offering that includes hose bundle assemblies, dynamic HV cable, vectran braiding and steel wire armouring for high strain applications for all electrical and fibre optic subsea applications."

Hydro Group is at the forefront in the development and innovation of subsea product technologies, with involvement from prototype concept through to design, manufacture and project management. Hydro Group manufacture the complete package including FAT at its state-of-the-art facilities in Aberdeen, Scotland; umbilical cables, electrical and optical connection systems / assemblies for data, power and signal transmission. The company's customer base include all blue chip and major operators and contractors in both domestic and international subsea markets.

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has announced that Steven Newman and the Board of Directors have mutually agreed that he will step down as President and Chief Executive Officer effective February 16, 2015. Additionally, Mr. Newman has elected to resign as a Director of Transocean Ltd. Until a permanent replacement is named, Ian Strachan, Chairman of the Board of Transocean Ltd., will also serve the company in the role of Interim Chief Executive Officer.

"As Chief Executive, Steven has capably guided Transocean over the last five years, demonstrating outstanding leadership through what was unquestionably the most challenging period in its history," remarked Mr. Strachan. "In addition to leading Transocean through company- and industry-changing events following the Macondo well incident, Steven initiated essential changes that have and will continue to improve the company's fleet, operations, cost structure and long-term competitiveness," Mr. Strachan said. "As a result, Transocean is well positioned to weather the current industry downturn and emerge even stronger. On behalf of the Board of Directors, and all Transocean employees, I would like to thank Steven for his dedicated service to the company and wish him all the best in his future endeavors."

Mr. Strachan has served as a Director of the company since 1999 and as Chairman of the Board since May 2013. His extensive experience includes serving as Chairman of the Board of Instinet Group Incorporated and as a director of several companies, including Xstrata plc; Rolls Royce Group plc; Reuters plc; and Johnson Matthey plc. Mr. Strachan began his career with Exxon Corporation, where he spent 16 years. He went on to serve as Rio Tinto plc's Chief Financial Officer for four years and ultimately the company's Deputy Chief Executive Officer from 1991 to 1995. He then served as Chief Executive Officer of BTR plc for three years beginning in 1996. Mr. Strachan received his BA in 1965 from Cambridge University, and his Master of Public Affairs in 1967 from the Woodrow Wilson School, Princeton University, and was a teaching fellow at Harvard University from 1969 to 1970.

Global-leading energy services firm Proserv has won a much coveted industry award in recognition of its outstanding achievements after being named Company of the Year at the 2015 Subsea UK Awards last night (11 February).

Over the past year, Proserv has marked a number of key milestones including winning a series of high-profile contract awards globally, expanding its manufacturing facilities and capabilities and launching several new game-changing subsea technologies. Proserv also secured a major acquisition deal to help ensure its future sustainable growth and success.

Proserv engineer John Stoddard, who joined the company as a graduate just three years ago, also came under the spotlight at the Subsea UK Awards as a finalist in the Young Emerging Talent category.

David Lamont, Proserv's chief executive officer,(photo) said: "It is a real privilege to win this award particularly during what has been a very challenging time for the industry. Against this backdrop, we have continued to evolve through a robust business strategy focused upon building on our market-leading position, track record and delivery of world-class products and services.

"It is also with great pride to see someone from our dedicated engineering team hailed as talent of the future. John's recognition is very well deserved and highlights the importance we place on developing our people and encouraging the next generation into the energy industry.

"At Proserv we work as a team and I see these awards as recognition of the hard work of everyone throughout the company in building our business to where we are today."

The Subsea UK accolade is one in a series of awards that Proserv has won in recent months. Promising young employees, Marnie Toal, of Sauchen, Aberdeenshire, won the Oil & Gas UK Award for Apprentice of the Year while John Stoddard, of Peterculter, Aberdeen, also made the Graduate of the Year final shortlist at the awards.

Proserv also scooped Business of the Year and Great Engineering & Manufacturing Company of the Year at Great Yarmouth's Spirit of Enterprise Awards 2014. The company's subsea controls center of excellence is based in Great Yarmouth, UK. Last year, the team completed and released game-changing technology for subsea control and monitoring communications (Artemis 2G), reinforcing Proserv's rapidly-expanding subsea capabilities and world-class engineering expertise.

In addition to the large scale contract wins during 2014 with operators including Hess Corporation, Noble Energy and Talos Energy, Proserv signed a definitive agreement to be acquired by major US private equity investor Riverstone Holdings LLC in December 2014. Proserv will continue to operate as an independent company under the terms of the deal as it embarks on its next phase of growth.

Proserv, which operates worldwide through 29 operating centers based in 11 countries, has a 40-year track record in delivering world-class solutions for the energy industry, particularly in the drilling, production and subsea market sectors.