Company Updates

bakerhughesBaker Hughes Incorporated (NYSE: BHI) announces the appointment of Greg Brenneman, chairman of CCMP Capital Advisors, LLC (CCMP Capital), and W.H. "Bill" Easter III, retired chairman, president, and chief executive officer of DCP Midstream, to its board of directors.

Prior to his role as chairman, president, and CEO of DCP Midstream, Easter, age 64, served in several leadership, operating, and commercial roles at ConocoPhillips, including areas related to gas and natural gas liquids as well as petroleum refining, marketing, and transportation―domestically and internationally. Easter is a director of Concho Resources and Delta Airlines. Easter earned a master of science degree in management from the Stanford Graduate School of Business and a bachelor of business administration degree from the University of Houston.

Before serving as chairman of CCMP Capital, Brenneman, age 52, held a variety of senior-level management positions, including chairman and CEO of Quiznos and Burger King, CEO of PWC Consulting, and president of Continental Airlines. Brenneman also serves on the board of directors of Automatic Data Processing, is lead director of the board of The Home Depot and is chairman of the board of Francesca's Collections. Brenneman earned a master of business administration degree from Harvard Business School and a bachelor of business administration degree in accounting and finance from Washburn University of Topeka, Kansas. He was awarded an honorary doctor of commerce degree from Washburn University.

Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 59,000-plus employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources.

CSA-LogoCSA Ocean Sciences. (CSA), a leading global provider of marine environmental scientific and consulting services today announced an agreement with CENTRE Group, an Australia based consulting firm specializing in environmental risk and compliance management, and spill, emergency and crisis management services.

The partnership will deliver to clients a broad range of risk and compliance management solutions, services, training and support as well as marine environmental assessments, planning and permitting, spill related emergency response, crisis management, assessment, mitigation and restoration services. The new venture becomes the "Center of Excellence" for the group's risk and compliance management solutions, servicing the global market.

CENTRE Group Director Alex Spence stated, "We are very excited to be working with CSA. This venture provides an excellent opportunity for CENTRE Group to further expand its existing operations globally and deliver CSA's world class ocean sciences services to our existing and future clients in the Asia Pacific region."

Kevin Peterson, CEO of CSA added, "The CENTRE Group team offers a perfect complement to CSA's existing capabilities and footprint. We can now offer their capabilities through our international network of offices, and more effectively pursue opportunities for CSA's core business lines in the Asia Pacific region."

The partnership will operate under the CSA Ocean Sciences brand and will be headquartered in Perth, Australia.

CENTRE Group, is a Perth, Australia based firm that provides clients in the an Asia-Pacific, Middle East and Mediterranean regions with environmental risk and compliance management services, programs and training as well as emergency management and crisis support, systems and resources.

CSA Ocean Sciences Inc. specializes in consulting services for Federal, State, and private industry clients in multidisciplinary projects, integrating science and technology to evaluate environmental activities throughout the world. CSA offers a wide variety of services related to environmental management and community planning to support clients working in marine, estuarine, wetland, freshwater, and terrestrial habitats throughout the United States and overseas.

WToffshoreW&T Offshore, Inc. (NYSE: WTI) announces that its wholly owned subsidiary, W & T Energy VI, LLC ("Energy VI"), has completed the acquisition of exploration and production properties in the deepwater of the Gulf of Mexico from Woodside Energy (USA) Inc. The transaction includes a 20% non-operated working interest in the producing Neptune Field (Atwater Valley blocks 574, 575 and 618 along with an interest in the associated tension leg platform). In addition, Energy VI is acquiring all of Woodside's interest in 24 deepwater exploration blocks.

The purchase price is $51 million (subject to customary post-effective date adjustments) and the assumption of any related asset retirement obligations. The acquisition was funded from available cash on hand and the revolving credit facility.

Total net proved reserves acquired are 1.9 million barrels of oil equivalent (100% classified as proved developed) with a PV-10 of $53 million and probable net reserves of 1.1 million barrels of oil equivalent(1). During January 2014, average daily net production from the Neptune Field was approximately 1,660 barrels of oil equivalent (net of royalties), of which 87% was oil.

Tracy W. Krohn, Chairman and Chief Executive Officer, stated, "The Neptune Field is a great addition to our growing portfolio of quality deepwater assets. In addition to its substantial oil reserves and production from multiple sands, it offers near term exploration upside. In the second half of 2014, there are plans to drill a well into existing pay sands. Longer term, the northern portion of the field has not been tested, and assuming success, would substantially increase the size of the field.

"The acquisition also includes 24 additional deepwater blocks with 16 identified prospects, one of which is Arcadius in Garden Banks 346, located just one block south of our producing Power Play Field."

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MacArtney-system-salesFueled by continuously increasing demand for complete integrated underwater system solutions, MacArtney has opted to significantly bolster its North American system sales focus. Spearheaded by the hiring of experienced sales and business development professional, Shannon Lewis, as System Sales Manager, and appointment of long-standing MacArtney ocean science expert, Andrew Ziegwied, as Vice President of Ocean Science and System Sales, MacArtney is well-equipped to handle even more projects and complex system challenges in the future.

ROV winches and business development
As part of the Gulf of Mexico (GOM) operations in Houston, TX, Shannon Lewis is set to leverage her 16 year track record of team leadership, sales and business development to take MacArtney system sales to the next level. Recently, MacArtney has seen significant growth in sales of its complete systems, hereunder especially, winch and handling systems for ROV, subsea and scientific applications. Drawing on the experience, skills and extensive network forged during her time as Business Development Manager at Forum Energy Technologies and Business Development Executive at Deep Down, Shannon is dedicated to bringing even more growth to this and other key MacArtney system markets.

"As a former MacArtney customer, I am profoundly honored to join the team, the innovative technology, the vision and to be part of it all", says Shannon and continues: "I've seen a lot of companies - vendors, startups and partners - MacArtney is truly one of a kind and I am both blessed and excited to have the opportunity to be a part of the company's continued success and leadership, as we continue to grow and improve at a shockingly fast pace."

Ocean science growth
Another MacArtney market characterised by solid growth is related to the design, integration and delivery of system solutions for ocean science institutes, research vessels and general oceanographic applications. In response to this development, MacArtney has expanded the role of Andrew Ziegwied, who is set to support all North American sales offices and coordinate the team's efforts in the design of innovative, turnkey system solutions tailored to specific application requirements. Building on nearly 7 years as System Sales Manager, Andrew holds extensive experience with underwater technology and integrated systems. According to MacArtney Inc. President, Lars Hansen, Andrew will play a key role in implementing MacArtney's vision and overall systems focus in all markets of its North American operations.

Andrew, operating out of Portland, OR, will direct system sales and post sale customer support for existing clients in the ocean science segment and play an active role in developing the ocean science market in North America. "With my expanded role, I can help establish strategic business partnerships with vendors and improve collaborations across the growing organisation in support of systems sales", says Andrew and continues: "There is much work to be done here and many exciting opportunities to explore."

Beyond his experience with MacArtney, Andrew is a University of Washington School of Oceanography graduate. His background includes field work and project management with Evans-Hamilton, Inc. and application engineering with CTD manufacturer Sea-Bird Electronics, Inc.

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bristowBristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today that John Briscoe has been appointed to the position of Senior Vice President and Chief Financial Officer, effective June 9, 2014.

John has an extensive background in senior financial leadership positions, most recently as Senior Vice President and Chief Financial Officer of Weatherford International Ltd from March 2012 to September 2013. As CFO, John set the financial direction of the company and helped bolster investor confidence during a turnaround of the financial organization. He joined the company as Chief Accounting Officer in August 2011.

Prior to Weatherford, John served as a senior executive at Transocean from 2005 through 2011 in financial roles including Vice President and Controller and Director of Investor Relations. During John's time at Transocean, he was responsible for audit, controls, financial systems, joint venture accounting and financial planning and analysis for operations in 40 countries. Among his achievements at Transocean, he led the integration of the $18 billion acquisition of GlobalSantaFe.

Before joining Transocean in 2005, John held senior financial positions with Ferrellgas Inc. and Dresser Industries. His career also includes seven years of public accounting experience with KPMG and Ernst & Young. John is a certified public accountant and holds a Bachelor's degree in Business Administration from the University of Texas.

Jonathan Baliff, who has served as Bristow's Senior Vice President and Chief Financial Officer since 2010 and with this appointment will now serve as President until assuming the additional role of Chief Executive Officer on July 31, 2014, said: "John has a tremendous track record of value creation and depth of experience in numerous senior financial roles, including CFO, at complex, global energy service companies. His proven executive leadership,
comprehensive investor relations skills and commitment to safety and to prudent balance sheet management uniquely qualify him for this important role. John complements our senior management team as we continue to safely serve our global clients, honor our core values and grow Bristow for the benefit of all our stakeholders."

ROMAR-approvedOilfield service company ROMAR International has appointed STEP Oiltools as its agent in the Caspian region, in a two year agreement.

STEP Oiltools already promotes ROMAR's range of magnetic separation products in Norway, South East Asia and the Middle East in a highly successful arrangement between the two companies.

As well as the new deal for the Caspian, a result of continued success in South East Asia, ROMAR has increased its presence in the region to cover Malaysia, as part of the agreement with STEP Oiltools. Last month, a swarf handling contract worth a six figure sum with a major oil and gas operator was secured for ROMAR and work will commence in Q3 2014.

ROMAR's core business activities revolve around its innovative designs using magnetic separation technologies which provide value-added solutions for its clients. The company has developed a range of products and services tailored to suit various demands and applications across the offshore oil and gas markets worldwide.

The latest deal will involve ROMAR's products being introduced to the Caspian region, targeting Russia, Azerbaijan, Kazakhstan and Iran.

ROMAR International Commercial Director Robbie Gray said: "International work now accounts for 35% of our business and we are confident this agreement with STEP Oiltools will dramatically increase our presence in the Caspian region. Working with STEP Oiltools these past two years has been exceptionally beneficial; together, we have secured a number of global contracts which have significantly increased company turnover.

"As demand for our products continues to rise in South East Asia, Malaysia was identified as a key region for our international business strategy moving forward and are happy that our agreement with STEP Oiltools now covers Malaysia. Having already secured a contract for this year is very promising and confirms the demand for our products.

"Exceeding our company targets for the first half of 2014 is in part due to our strategic relationship with STEP Oiltools and we look forward to continuing this valuable affiliation."

Alan Steedman, Vice President Europe STEP Oiltools, said: "ROMAR's product line is a proving a valuable addition to our product offering. Due to the predicted increase of well plugging and abandonment in the Caspian region in the next few years, we are sure there will be a strong demand for ROMAR's products in achieving reliable and efficient means of disposing swarf waste, both on and offshore."

"Our latest agreement with ROMAR is a testament to, not only, the strength of our relationship, but our considerable progress as a team. Over the past two years we have worked hard with ROMAR to significantly expand into its target locations, including South East Asia and the Middle East, and we were delighted to secure a contract in Malaysia, with a an oil and gas operator, earlier this year."

Since 2001 the company has grown in size and currently provides products in many oilfield industry provinces including the UK and Norwegian North Sea, West Africa, Gulf of Mexico, South East Asia, the Middle East and South America. Its success is reinforced by its ability to set up strategic partnerships in regions where ROMAR's products will be well utilized.

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Award-winning subsea installation contractor, Bibby Offshore, is proud to announce a successful first quarter of the year for its recently opened Newcastle office.

With existing premises in Aberdeen and Liverpool, Bibby Offshore is expanding its presence across the UK. Since its opening in November 2013, the Newcastle office has employed 23 skilled personnel, with a further ten to be recruited in the coming months. The 4724sqft office, located in Gateshead Quays on the River Tyne, will provide Bibby Offshore with an excellent hub in the region both now and as it increases staff numbers and service offerings in the future.

The team in Newcastle is supporting North Sea UKCS projects, equipped with a multi disciplined project management team. However, it is anticipated that following on from the success of the company's Liverpool office there will be opportunities to utilise the team's skills further afield as the fast growing company rolls out its services overseas.

Shawn-Bulgen-Project-Director-Bibby-Offshore-Newcastle-2Shawn Bulgen, Project Director, (photo) said: "Our expansion into the north east of England is in response to the industry-wide skills shortage. For a number of years skilled engineering professionals have been commuting to Aberdeen based oil and gas companies on a weekly basis. Our expansion into Newcastle will make us well placed to attract talent from the strong engineering tradition in the region."

Since its inception ten years ago, Bibby Offshore has experienced unprecedented growth. It now employs more than 1,200 people onshore and offshore with offices in Aberdeen, Liverpool, Singapore, Houston and Trinidad. The company now has an international fleet of eight subsea support vessels and 15 Remote Operating Vehicles (ROV), which will continue to increase to meet demand. The company has an extensive backlog of committed work and its Newcastle office offers clients a dedicated and self-sufficient project management team in the local area, in partnership with locally based technology manufacturers.

Following the successful delivery of a fast-tracked Inspection, Repair and Maintenance (IRM) project in Tunisia, that came in on schedule and under budget; the team in Newcastle is currently working on a number of projects for prestigious local and international clients that include IRM, riser and umbilical installations, decommissioning and an annual IRM contract for a Danish company.

To launch the new office, an event inviting local businesses, friends and colleagues is planned for this evening [Tuesday 20th May] at the premises, followed by a drinks reception and networking event nearby. A brief presentation will be given by Howard Woodcock, Bibby Offshore Chief Executive, and Shawn Bulgen, Bibby Offshore Project Director.

In May 2013, Bibby Offshore relocated to its new multimillion pound, purpose built headquarters in Westhill, Aberdeen, and recently opened additional new 50,000sqft storage, workshop, warehouse, office space, a yard and maintenance facilities called 'The Hangar'. Bibby Offshore's sustained growth and success was acknowledged in February this year when it won the Company of the Year award at the 2014 Subsea Expo Awards, which recognises excellence in overall company performance in the subsea sector based on developments to date, as well as plans for future success and growth, both within the UK and internationally.

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Attendees-at-Core-Grouting-office-openingCore Grouting Services, an Acteon company, is a new addition to Acteon’s operating company portfolio. Core is a specialist provider of grouting services for foundations on oil and gas platforms and offshore wind farms. Core’s grouting capability allows Acteon to offer its clients a complete suite of offshore foundation installation services – from drilling, driving and lifting to grouting.

Attendees at Core Grouting office opening: Left to right in photo: Ivan Harnett, Core Grouting Services; Gerard Flaherty, Irish Development Authority; Simon Coveney, Irish Minister for Agriculture Food & Marine; Bernhard Bruggaier, Acteon; Ray O’ Connor, Irish Development Authority.

Bernhard Bruggaier, executive vice president of operations at Acteon, said, “The offshore grouting market has historically been dominated by a small number of companies, and yet there has been significant growth in the sector over the last few years. Core will give clients a genuine new choice of grouting contractor with best-in-class equipment and a motivated and experienced team.”

John Paul O’Sullivan, engineering manager, and Colin Barrett, equipment manager, will drive the company’s growth from its recently opened global headquarters in Cork, Ireland. 

Ivan Harnett, managing director at Core, said, “At Core, we differentiate ourselves on the quality of our service offering. John and Colin have experience on more than 50 offshore projects, and with the strength of their expertise we can work closely with other Acteon group companies to help clients get their projects completed more efficiently and safely than ever before.” 

Core expects to grow to approximately 50 employees by the end of 2015 as the company extends its project range and expands its capabilities. The new enterprise in Cork was officially opened by Simon Coveney T.D., Irish Minister for Agriculture Food & Marine.

Bruggaier commented, “We selected Cork as the location in which to launch and base the business because of the availability of excellent quality engineers and technicians locally to support the company’s growth. Core will continue to recruit talent from the construction trades and will train a workforce for deployment on offshore construction projects.”

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TetratecTETRA Technologies, Inc. (TETRA or the Company) (NYSE: TTI) has announced that Joseph Elkhoury has agreed to accept the positions of Senior Vice President and Chief Operating Officer effective upon the commencement of employment with the Company, which is expected to begin on or about June 16, 2014.

Joseph Elkhoury previously served within the Schlumberger Limited organization for twenty years, most recently as Vice President and General Manager, Microseismic Services since 2012. Previous to this role, Mr. Elkhoury served in various other managerial positions including VP, Information Solutions, North America; VP, Production Services; and Director, Global Supply Chain – EMS. Previous to this, Mr. Elkhoury served within Schlumberger in various technical, commercial, and managerial positions dating back to 1994.

Stuart M. Brightman, TETRA's President and Chief Executive Officer, stated, "We are extremely pleased to welcome Joseph as a member of our management team. Joseph brings to TETRA extensive experience serving in operating and administrative positions with a public company in the oil and gas services industry. During his career, Joseph has demonstrated through his leadership the ability to grow businesses globally and achieve sustained operational excellence.

This global experience will greatly benefit TETRA as we seek to continue to grow our product and service offerings in international markets. We are delighted that Joseph will take on this senior leadership role and we are confident in his ability to excel as our Chief Operating Officer."

In accordance with NYSE requirements, the Company hereby discloses that its Board of Directors has authorized the grant to Joseph Elkhoury of an employment inducement award of 232,302 shares of restricted stock, such grant to be effective on the date Mr. Elkhoury commences employment with the Company. Unless Mr. Elkhoury terminates his employment with TETRA or is terminated by TETRA for cause, 35,111 shares of the restricted stock will vest on the date that is six months following the grant date of the award, 79,381 shares of the restricted stock will vest on the one-year anniversary of the grant date of the award, 44,602 shares of the restricted stock will vest on the second anniversary of the grant date of the award, an additional 55,685 shares of the restricted stock will vest on the third anniversary of the grant date, and the remaining 17,523 shares will vest on the fourth anniversary of the grant date of the award.

TETRA is a geographically diversified oil and gas services company focused on completion fluids and associated products and services, water management, after-frac flow back, production well testing, offshore rig cooling, compression based production enhancement, and selected offshore services, including well plugging and abandonment, decommissioning, and diving.

Aberdeen headquartered Deep Casing Tools is rapidly increasing its global footprint with the establishment of a new Canadian company, Casing Technologies Canada Ltd, based in Calgary.

Sales growth in Canada has followed operational successes for customers, and the company is recruiting aggressively to manage the demand for tools.

DeepCasingToolsDeep Casing Tools’ Aberdeen workshop

This latest development follows the establishment of two other legal entities.  Deep Casing Tools Inc. was established in Houston during 2013 and now employs five staff.  At the same time a branch office of Deep Casing Tools was registered in the United Arab Emirates, serving the Middle East.

Deep Casing Tools reduces the cost and risk of well construction through its innovative technology, designed to land casing and completions at target depth reliably and with significant cost savings compared to conventional methods.

The year-on-year growth success has been reflected in the recent award from the British Venture Capital Association where Deep Casing Tools won the Scottish Management Team Award for 2014.

Lance Davis, CEO of Deep Casing Tools, said: “With over 170 tools sold worldwide, the Turborunner(TM) and the unique drill through capability of the Turbocaser(TM) Express have demonstrated significant gains.   Deep Casing Tools’ products improve the well construction process by saving time and reducing risk,ultimately resulting in significant cost savings compared to conventional methods.  With an established track record, operators worldwide are increasingly committing to this technology.”

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GenesislogoGenesis has finalized the lease for office space in Covington, Louisiana, USA, and will shortly begin supplying engineering services to clients in the Greater New Orleans area. This new location is an integral part of Genesis' global growth strategy.

The New Orleans office will focus on providing both Capital Project (green and brownfield) and Operations support to Genesis' clients. The office will also include a facility for training and the company expects to begin offering regular technical training in areas such as subsea systems, flow assurance, risk, integrity management and GIS.

John Cambridge, Managing Director at Genesis, declared: "We are very excited about entering the New Orleans marketplace as it will enable new possibilities for the Genesis team to grow and expand and will also allow us to offer further opportunities to the local community.".

About Genesis

Genesis is a market-leading engineering company focused on providing engineering and technical services to the global upstream oil and gas industry. The company's services are utilized by oil and gas companies during planning and development phases of oil and gas projects and in the execution of subsea, onshore and offshore engineering projects. Its clientele includes super-majors and national oil companies, as well as small independents. Genesis develops innovative solutions for the E&P business, by leveraging on its core engineering and techno-economic skills. The company helps achieve world-class performance from its assets by providing expertise, novel methods and tools to realize its maximum potential.

Today, Genesis is a company with more than 1,500 engineers and offices in seventeen locations worldwide. Genesis is an ISO 9001: 2008, ISO 14001: 2004 and OHSAS 18001:
2007 certified company.

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Rod-BranchHoover Container Solutions (“Hoover” or the “Company”), a subsidiary of Hoover Group, Inc., announced that Rod Branch has joined Hoover as Vice President of Human Resources. He will report directly to Paul Lewis, President of Hoover.

Branch’s responsibilities include talent acquisition, employee relations, organizational design, performance management, compensation planning and change management initiatives.

“With the amount of talented associates within our organization and throughout our industry, it is important to have strong human resource leadership,” says Lewis. “Rod’s expertise will ensure that our existing team is in top form and that all future Hoover hires are properly placed for future growth.”

Branch joins Hoover with 20 plus years of experience and a diverse background in both large and small organizations. He was most recently Vice President of Human Resources for PSC Industrial Services, a supplier of industrial cleaning and repair services for the refining, downstream, oil and gas and utilities industries.

He has a Bachelor of Science degree in Petroleum Engineering Technology from Oklahoma State University and was a production and drilling engineer for British Petroleum (BP) for 12 years in the Midcontinent Region. Branch served two years in Prudhoe Bay, Alaska, for BP where he drilled directional wells from offshore gravel islands.  He was also a lobbyist for BP for two years before joining Enron Liquid Fuels as government affairs director, and later joined Enron’s HR team in 1995. He was HR director for The Coca-Cola Company over plant operations and R&D for six years.

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Mitch Thibodeaux for pubSuperior Performance Inc. (SPI), an industry leader in premium threaded tubing and casing products and services, has appointed Mitch Thibodeaux as president.

Headquartered in Lafayette, La., Thibodeaux will oversee the company's field service operations, rental tool equipment line and new product development. With offices in Louisiana, Texas and Ohio, Thibodeaux looks to further expand SPI's geographical presence.
Thibodeaux has been in the oil and gas industry for more than 25 years and has served at Superior Performance for more than 17 years. His career at SPI began as a field service supervisor, followed by multiple positions including field service operations manager, technical sales representative and manager of the rental equipment department. As he gained experience and industry knowledge, Thibodeaux was appointed as vice president of operations.

"Mitch's appointment as president of Superior Performance is a testament to his strong work ethic, unwavering dedication and vision for the future," said Louis Roth, chief executive officer, SPI. "He is an integral player in the company's success story, and we are eager to watch SPI grow as a major industry competitor under his leadership."

Superior Performance Inc., an industry leader in premium threaded tubing and casing products and services was formed in 1995 to provide experienced and knowledgeable field personnel to the oil and gas industry. The company specializes in running and servicing premium tubular connections. SPI's service personnel are qualified thread inspectors with experience in all aspects of pipe makeup, torque turn, tong operations and cleaning and handling of pipe. 

Jerome-ShawJerome Shaw (left) has been named Vice President of Marine Construction for Chet Morrison Contractors, LLC. Shaw's extensive background in the industry includes more than 20 years of experience, specifically in the oilfield marine service lines where he built operational expertise in pipeline and diving operations, as well as marine fabrication and construction. He previously served as HSEQ Director, where he successfully integrated individual safety representatives within each of the company's business units. As Vice President of Marine Construction, Shaw will be responsible for the strategic planning, management and operations of the division. He takes over for Brett Blanchard, who has been named to Chet Morrison Contractors' Board of Managers, where he will continue to provide vital leadership and experience.

Bo-Ristic1Replacing Jerome Shaw as HSEQ Director is Bo Ristic (right), who previously served as Executive HSEQ and Business Development Manager for Triton Diving Services. Ristic has more than 15 years experience managing complex projects and developing HSEQ action plans. He began his career as a diver and has since gone on to manage complex special projects for major clients around the world.

"Jerome and Bo are exactly the kind of leaders we want to help us continue to strengthen and grow the company," said President and CEO Chet Morrison. "It's an exciting time for us and I'm confident we've got the right team in place to guide us into the future."

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BMT Group Charles Packshaw low rezBMT Group Ltd, a leading international design, engineering and risk management consultancy, has announced that Mr Charles Packshaw has joined the Board of Directors as a non-executive Director.

Charles has thirty years' experience working with financial institutions in the City of London and is currently Head of UK Advisory at HSBC Bank, where he is responsible for advice to clients on strategy, acquisitions, capital structure, equity and debt financing and shareholder relationships. Prior to this, Charles was Managing Director of Lazard's Corporate Finance Division in London. He began his career working in the construction industry and is a Chartered Civil Engineer.

Charles has worked with professional service businesses and with a broad range of industries including construction, house building, offshore, building materials, industrials and food.

He is a non-executive Director of Diploma PLC and a member of its Audit and Remuneration Committees. He has formerly been a non-executive Director of The Restaurant Group, where he was Chairman of the Audit Committee, and of Diagonal PLC and a trustee of the Lazard Directors Pension Scheme.

Commenting upon his appointment, Charles said: "I am delighted to be joining the Board of BMT, a company with a strong reputation for scientific and engineering excellence. I look forward to contributing to its future development and success."

Dr Neil Cross, Chairman of BMT Group, says: "We are very pleased to welcome Charles to the BMT Board. I am confident that BMT will benefit greatly from his wealth of experience in a broad range of financial affairs. In particular, we welcome his input as we focus on continued growth and development."

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Em-RooseveltDiamond Petroleum Ventures LLC, a thermal unit provider based in Lafayette, Louisiana, has appointed Em Roosevelt as technical sales representative.

Roosevelt is responsible for direct sales and account management and will work toward expanding the company’s markets in the offshore oil and gas industry. He will also manage marketing and sales efforts aimed at bringing new technologies to commercialization.

Roosevelt joined Diamond Petroleum Ventures in December 2013 and has more than 30 years of experience in the oil and gas industry. In his previous position, Roosevelt led the development of services utilizing membrane nitrogen for reviving and sustaining production of offshore platforms. He has also held positions at Nitro-Lift Technologies and Tesco Corporation.

“Em is particularly experienced within the Gulf of Mexico area where our company's core operations are located,” said Rusty Lamb, Diamond Petroleum Ventures, CEO. “He has directed business development activities and brought new technologies to market throughout his career, and we are proud to have him as a member of our team.”

Roosevelt graduated Cum Laude with a degree in agribusiness management from Texas A&M University. 

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