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Showing posts with label Appoints. Show all posts
Showing posts with label Appoints. Show all posts

Tuesday, September 6, 2011

Europa Appoints Director

- Europa Appoints Director

Tuesday, September 06, 2011
Europa O&G Holdings plc

Europa announced the appointment of Hugh Mackay as a director of the Company.

As announced on August 11, 2011, Mr. Mackay will take up his position as Chief Executive Officer with effect from October 10, 2011. In order that he can participate in key decisions of the Company fully until that date, the Board has decided to appoint Mr. Mackay as a non-executive director in the meantime.

Europa announced the appointment of Hugh Mackay as a director of the Company.

As announced on August 11, 2011, Mr. Mackay will take up his position as Chief Executive Officer with effect from October 10, 2011. In order that he can participate in key decisions of the Company fully until that date, the Board has decided to appoint Mr. Mackay as a non-executive director in the meantime.

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Thursday, August 25, 2011

Sea Trucks Appoints CEO

- Sea Trucks Appoints CEO

Thursday, August 25, 2011
Sea Trucks Group

Sea Trucks announced the appointment of Robert-Jan van Acker as its Chief Executive Officer.

Mr. Robert van Acker (39) has over 13 years experience in the international marine industry. He joins Sea Trucks from Svitzer Group, the global provider of specialised marine services, where he worked for over 10 years in a series of increasingly senior management positions. Mr. van Acker led the Salvage, Euromed and Ocean Towage divisions from 2005 onwards, and lately held the position of Senior Executive Vice President as well as being a member of the executive committee of the Svitzer Group.

Mr. van Acker also led the Svitzer team in its successful joint venture, working with Sea Trucks on the removal of the West Atlas Rig in Australia in 2010. He established Svitzer India and was Managing Director of Wijsmuller Ocean Sparkle JV, a marine services company focused on delivering tugboat services to LNG terminals in India.

Robert holds a BA in Business Administration from the Hanze Business school in Groningen, The Netherlands and an Executive MBA from IMD Business school in Lausanne, Switzerland.

Robert will take up his position later this year, at a date which will be announced shortly. Until such time, Mr. Jacques Roomans (owner and President) will continue in his position as Chief Executive Officer until Mr. van Acker will assume his duties and he will work closely with Mr. van Acker during the hand-over period.

Jacques Roomans, President and CEO of Sea Trucks, commented, "We are delighted that Robert has agreed to join Sea Trucks at this exciting time. He brings with him a wealth of experience which will undoubtedly further help us achieve the ambitious goals that we have set ourselves for the coming years. Attracting someone of Robert's caliber to our company is an endorsement of our ambitions and of our vessel fleet and management team that we have in place. We look forward to working with Robert and welcoming him to the company in the very near future."

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Tuesday, August 23, 2011

Force Fuels Appoints New CFO

- Force Fuels Appoints New CFO

Tuesday, August 23, 2011
Force Fuels Inc.

Force Fuels has appointed Charles B. Mathews as its Chief Financial Officer as of September 5, 2011.

Mr. Mathews brings more than 18 years of accounting and management experience to the company. He currently serves as the managing principal of Mathews & Mann, LLC, an accounting and business consulting firm in Phoenix, Arizona. Mr. Mathews has extensive experience with both public and private companies. From December 2007 to March 2009, Mr. Mathews was Interim CFO of Education 2020, a virtual education company focused on students in grades 6-12. From March 2004 to November 2007, Mr. Mathews was Executive Vice President and Chief Financial Officer of Quepasa Corporation, a publicly traded leading Hispanic internet portal. Mr. Mathews has extensive experience in helping companies with turn-around situations and corporate restructuring. Mr. Mathews, a Certified Public Accountant, has a B.A. in Business Administration from Alaska Pacific University and an M.B.A. from Arizona State University.

Tom Hemingway, CEO of Force Fuels stated, "We are pleased to have Mr. Mathews join our team. We believe Mr. Mathews will be of great assistance to us as we continue our efforts as we build for the future growth of the company."

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Friday, August 19, 2011

Aker Solutions Brazil Appoints New Subsea President

- Aker Solutions Brazil Appoints New Subsea President

Friday, August 19, 2011
Aker Solutions

Egil Boyum has been appointed president of Aker Solutions' subsea business in Brazil. Boyum, a Norwegian citizen, has been employed by Aker Solutions since 1984 and has held a range of management roles during this time.

"We have doubled the business since 2008 and need to strengthen our management capabilities to facilitate the continued growth. Hence we have recently recruited several new managers in Brazil and most recently, Egil Boyum, who is one of our most experienced managers," said Mads Andersen, executive vice president of Aker Solutions' subsea business area.

Boyum is an industry veteran and has held a wide range of roles from technical positions in his early career to being global head of operations, heading up global aftermarket and SVP of subsea systems. Boyum's current role of SVP involves heading up the win and client relationship function of major subsea products in Aker Solutions.

Boyum will replace Marcelo Taulois who has been leading Aker Solutions' Brazilian business since 2001. Taulois has developed new market opportunities through the three Brazilian hubs in Curitiba, Rio das Ostras and Rio de Janeiro and has also been a key player in the successful implementation of Aker Solutions' global policies and strategies within these regions. Aker Solutions will now look for other opportunities for Taulois within the company.

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RBG Appoints President at Kazakh Business Unit

- RBG Appoints President at Kazakh Business Unit

Friday, August 19, 2011
RBG

RBG has appointed Ian Henderson as president of its Kazakhstan business unit. Mr. Henderson will operate from RBG's base in Aktau City, Kazakhstan.

Mr. Henderson joined RBG in March 2011 as commercial manager and has more than 20 years experience in the oil and gas industry. He has worked in a wide range of senior project, contract and commercial positions for companies such as Statoil, FosterWheeler and Halliburton, delivering major projects across North Africa, the Middle East and North Sea.

Mike Kochalski, international director, RBG, said, "I am very pleased to welcome Ian to our team. His experience, industry knowledge and technical expertise makes him a great asset to the company. Kazakhstan is one of our strongest growth areas and I am confident Ian's appointment will see the area continue to flourish.

"We are experiencing high demand for our integrated services across the region and Ian will play a key role in ensuring we capitalize on this, whilst continuing to deliver the excellent standards in safety, quality and service delivery our clients expect."

Mr. Henderson, said, "RBG is going through an exciting period of growth and change which I'm delighted to be part of. I look forward to working with our expert in-country team to growing our client-base and service offering across the region. The great work carried out in previous years has given us an excellent foundation to accelerate our growth and expand our operations."

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Thursday, August 18, 2011

SMS Appoints Group Business Development Manager

- SMS Appoints Group Business Development Manager

Thursday, August 18, 2011
Sand Monitoring Services Ltd.

SMS (Sand Monitoring Services Ltd.) announced the appointment of Frazer Barclay as Group Business Development Manager at its Aberdeen headquarters. This key appointment will be instrumental in continuing to grow the SMS brand by increasing its core business, global presence and services portfolio.

Frazer, an honors graduate in Geology and Applied Geology from the University of Glasgow, brings with him more than 12 years industry experience related to sub-surface geoscience consultancy and business development. Frazer started his career with Western Geophysical as a geophysicist followed by a move into quantative interpretation with the leading reservoir characterization company Odegaard. Odegaard was acquired by Schlumberger in 2006 and subsequent to this Frazer built a new local consulting group offering production engineering, reservoir engineering, geoscience and geomechanical engineering services. Frazer has worked in several key oil and gas locations including London, Aberdeen, Kuala Lumpur and Perth with his most recent role as Global Geomechanics Sales and Marketing Manager being located in the United Kingdom.

Andrew Kinsler, Field Services Manager for SMS, commented, "We are very pleased to welcome Frazer to SMS during a time of much expansion. His proven track record in sub-surface geoscience consultancy, business development and years of industry experience will prove vital to the SMS growth strategy for 2011/12."

Andrew concluded, "SMS has grown to offer best in class sand monitoring and management services to the oil and gas industry, and our staff are instrumental to this. By employing some of the best talent in Scotland, we are confident that we can continue to strive for improvement and we look forward to implementing Frazer’s specialist skills to do just that."

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Monday, August 15, 2011

Bristow Appoints North Sea Development Manager

- Bristow Appoints North Sea Development Manager

Monday, August 15, 2011
Bristow Helicopters Ltd.

Bristow has appointed David Laskowski to oversee its operations in the busy northern North Sea energy sector. Based in Aberdeen, Scotland, Laskowski will serve as Development Manager responsible for day-to-day management of up to 250,000 passenger movements annually through the Integrated Aviation Consortium (IAC) contract. He will play a key role in ensuring delivery of Bristow's Target Zero program to achieve zero accidents, complaints and downtime.

Laskowski's experience includes management roles in safety, commercial and helicopter operations. He began his aviation career in his native Louisiana, obtaining his pilot's licence while at university pursuing a Bachelors of Science degree in Professional Aviation and Aviation Management. He joined Bristow in 2001 as a Facilities and Special Projects Officer in the Gulf of Mexico. He served as Base Manager of Bristow's airfield at Patterson, Louisiana before becoming a Safety Case Manager, travelling to Bristow operations in Alaska, Aberdeen in Scotland, Trinidad and Mexico. Most recently he served as Regional Sales Manager for Bristow's North American Business Unit.

Fiona MacLeod, Commercial Manager – Europe, who previously held responsibility for the northern North Sea sector, will continue to oversee existing client activity in central North Sea and expand to the Baltic region.

Mike Imlach, Bristow's European Operations Director said, "David's appointment means that we now have an executive dedicated solely to the management and development of our Northern North Sea business and in the Shetland Basin.

"Not only will this enhance our service to our IAC partners; it also will allow us to grow our business in the expanding markets in Denmark and the Baltic regions."

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Thursday, August 11, 2011

Salamander Appoints New CFO

- Salamander Appoints New CFO

Thursday, August 11, 2011
Salamander Energy plc

Salamander announced the appointment of Dr. Jonathan Copus as Chief Financial Officer, and a Board director, of the Company. He is expected to take up his position in the fourth quarter of 2011.

Jonathan, 39, has worked as an oil and gas equity research analyst for over 10 years, most recently as a Director of Deutsche Bank's Oil and Gas Equity Research team. Prior to becoming an analyst, he worked for Shell International as a geologist in its Deepwater E&P team based in Holland and Houston.

Jonathan has a PhD from the University of Cambridge and a First Class BSc in Geology from the University of Durham.

James Menzies, Chief Executive of Salamander Energy, said, "Jonathan is an individual of caliber and drive; an excellent hire for Salamander. He brings an outstanding grasp of our sector and the essential combination of geological and financial skills for a growing, technically-led E&P company. I and my fellow directors look forward to working with him and we believe that Jonathan will make a strong contribution to the future of Salamander."

Jonathan Copus, commented on his appointment, "I am excited to be opening a new chapter in my career. Salamander is a balanced business in which I believe great upside to exist. I look forward to working with James and the team to realize this potential."

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Wednesday, August 3, 2011

Oasis Appoints New CFO

- Oasis Appoints New CFO

Wednesday, August 03, 2011
Oasis Petroleum Inc.

Oasis Petroleum announced the appointment of Michael Lou as Executive Vice President and Chief Financial Officer. Previously, Mr. Lou served as Senior Vice President Finance for Oasis. In his new role, Mr. Lou will expand his focus on financial strategy and execution and continue as a member of the Oasis senior leadership team.

Announcing Lou's promotion, CEO Thomas B. Nusz, said, "Michael has made significant contributions to the Company since he joined in 2009. He was instrumental in our highly successful Initial Public Offering and provides invaluable strategic insight as a member of our leadership team."

Mr. Lou has fourteen years of experience in the oil and gas industry. Prior to joining Oasis, he served as Chief Financial Officer of a private oil and gas company and a Director and Vice President in several top-tier investment banking firms. Mr. Lou holds a Bachelor of Science in Electrical Engineering from Southern Methodist University.

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Tuesday, August 2, 2011

Pacific Rubiales Appoints Senior VP, Investor Relations

- Pacific Rubiales Appoints Senior VP, Investor Relations

Tuesday, August 02, 2011
Pacific Rubiales Energy Corp.

Pacific Rubiales announced the appointment of Christopher (Chris) J. LeGallais as the Company's Senior Vice President, Investor Relations, effective September 2, 2011. In this position he will report to both the Chief Executive Officer and the President of the Company.

Chris LeGallais is a highly experienced and respected oil and gas executive with a diverse technical and business background. During the past 13 years, he has held various increasingly senior positions at Talisman Energy Inc. as it grew into Canada's preeminent global O&G Independent. Since 2004, Chris has headed up the Investor Relations Group, building the capacity of the team and function, which is recognized as one of the best in the industry. Prior to Talisman, Chris worked in various senior executive, business development, and geotechnical positions at a number of successful Canadian and international junior and senior energy exploration companies. Chris holds a Master's Degree in Geology from McGill University.

Ronald Pantin, Chief Executive Officer, stated "We are pleased to secure someone of Chris' stature and experience as our investor relations executive. This is a new executive position and represents an important step in the Company's initiative to develop a fully integrated in-house investor relations function. His mandate will be to align external messaging with the operational and technical strengths of the Company, maintaining full disclosure transparency and ensuring a complete understanding of the Company's assets, operations and business attributes within the financial markets."

Chris LeGallais commented, "I am delighted to join Pacific Rubiales, a company I have come to know and respect. It has a record of growth achievement, with an international focus, and has assembled a unique and valuable portfolio of business opportunities. I look forward to working with my new colleagues, senior executives and the Board, and in making a positive contribution to their continuing success in the coming years."

For the past two years, The Capital Lab has provided investor relations services to the Company and will continue to provide advisory and transition services to Mr. LeGallais. Jose Francisco Arata, President of Pacific Rubiales, commented "The Capital Lab has provided outstanding service to our Company, its investors and the analyst community for which we would like to thank them and in particular, its President, Belinda Labatte. They have been, and will continue to be, an excellent resource for the Company."

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Wednesday, July 27, 2011

Petra Petroleum Appoints VP, Exploration and Operations

- Petra Petroleum Appoints VP, Exploration and Operations

Wednesday, July 27, 2011
Petra Petroleum Inc.

Petra Petroleum announced that Christopher Brown has been appointed as Vice President, Exploration and Operations with immediate effect. Mr. Brown has a B.Sc. (Exeter University, UK) and a M.Sc. (Imperial College, London) in Geology. He has over 30 years of international petroleum exploration experience, including a variety of technical, operational and management roles with Shell International, Enterprise Oil and Suncor Energy, where he was the Exploration Director for the North Africa and the Near East Business Unit. Mr. Brown has worked in many different parts of the world, including Qatar, Egypt, London, Rome and Athens. His most recent position was Exploration Director for AIM-listed Aurelian Oil and Gas plc where he was based in London and responsible for the company's exploration activities across 22 licenses in Poland, Romania, Slovakia and Bulgaria. In 2010, this involved acquiring eight seismic surveys and participating in several exploration and appraisal wells. Robert A. Lambert, Chief Executive Officer of the Corporation commented, "I am delighted to welcome such an experienced and well-respected petroleum exploration executive to the Petra Petroleum management team."

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Friday, July 22, 2011

Candian Energy Appoints Member to BOD

- Candian Energy Appoints Member to BOD

Friday, July 22, 2011
Canadian Energy Exploration Inc.

Canadian Energy announced effective immediately, Mr. John C. McGilvary has been appointed to the Board of Directors of the Company.

Mr. McGilvary has been the President of Oilbank Exploration Inc., a private company since 2004. Mr. McGilvary graduated from the Laurentian University with his B. Sc. in Geology in 1973 and began his career as a mining geophysicist with Shell Canada Resources Limited, and went on to hold the positions of Chief Geologist - Exploration Manager at Trans-Canada Resources Ltd., Vice President and Director at Baca Resources Group, President and Director at Futurity Energy Corporation and was Chief Operating Officer of Viking Energy Royalty Trust through to 2004. Mr. McGilvary is a member of A.P.E.G.G.A. as a professional geologist and has a penchant for and history of assisting small oil and gas firms with strategic and technical advice.

Canadian Energy also granted Mr. McGilvary incentive options to acquire up to 500,000 common shares of the Company for a period of five years ending July 21, 2016 at an exercise price equal to the closing price of the common shares on the last trading day before July 22, 2011, one third to vest immediately and one third to vest every 18 months thereafter.

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Wednesday, July 20, 2011

Strategic O&G Appoints New President

- Strategic O&G Appoints New President

Wednesday, July 20, 2011
Strategic O&G Ltd.

Strategic O&G announced that Mr. Gurpreet Singh Sawhney has been appointed President of the Company. Mr. Sawhney is a professional engineer with over 18 years of experience in the oil industry. Mr. Sawhney has been the Vice-President Business Development with Strategic Oil & Gas Ltd. since March 1, 2009. As President of the Company, Mr. Sawhney will be reporting directly to Arn Schoch, CEO and Chairman of the Board.

From 1993 to 1996, Mr. Sawhney worked with PanCanadian Petroleum Ltd., as a reservoir simulation specialist, before leaving to found and manage Reservoir Modelling & Management Ltd. (Res Mod Man) a consultancy group providing reservoir management services to numerous domestic and international clients, including Pan-Canadian Petroleum, Norcen Energy, Husky Energy, Vermilion Energy, Anadarko Petroleum, British Gas, Verenex Energy, Capitol Energy, Highpine Oil and Gas, Daylight Energy and Wave Energy. Mr. Sawhney has worked on over 100 oil and gas field development projects. Mr. Sawhney has assisted with successful projects like the Wayburn CO2 Flood, the Dixonville Montney Waterflood and the Lower Shaunavon Horizontal Well Resource play.

Mr. Sawhney holds a B.Eng. degree in Chemical Engineering from Panjab University, India, and an M.Sc. and an MBA, both from the University of Calgary, Canada.

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Friday, July 8, 2011

BMT Group Appoints Risk Management Specialist

- BMT Group Appoints Risk Management Specialist

Friday, July 08, 2011
BMT Group Ltd.

BMT Group announced the appointment of Jayne Matthews as Manager, Operational Risk. Jayne will be responsible for leading and managing risk and risk support activities, as well as the internal audits of BMT Group and BMT subsidiary companies. She will also take charge of controlling BMT's unique Sustainability Management System (SuMS).

Jayne has over 20 years' experience working in quality management. She also holds a BA in Biochemistry, PHD in Biological Sciences, Post Graduate Certificate in Quality Management, membership of the Chartered Quality Institute and is a Chartered Quality Professional.

Jayne joins BMT Group having run her own management consultancy business for a number of years, specializing in the development of management systems which focused on both quality and the environment.

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Thursday, July 7, 2011

Quetzal Appoints New Board Member

- Quetzal Appoints New Board Member

Thursday, July 07, 2011
Quetzal Energy Ltd.

Quetzal announced the appointment of Andrew DeFrancesco ("Andy") to the Board of Directors effective July 7, 2011.

Mr. DeFrancesco ("Andy") is Chairman & CEO of Delavaco Capital Inc, a private equity and merchant banking group with a primary focus on natural resources. He is also Founder, Chairman and CEO of Colcan Energy, Executive Chairman of Tolima Gold Corp a Colombian gold company, Co-Founder and Former Chairman & CEO of Colombian oil companies APO Energy and P1 Energy which combined in 2010 in a merger valued at approximately $445 million. Andy was also Founder and Executive Chairman of Delavaco Energy a Colombian oil company which was sold to Allange Energy in 2009 for $100 million.

Bob Szczuczko, Quetzal Chairman and CEO stated "Andy and I were a very good team at Delavaco Energy and I look forward to working closely with him again; in his formal role as a director, Andy will provide Quetzal with strong capital markets guidance to fully exploit the significant underlying value in Quetzal."

Mr. Cameron Dow has resigned as the CFO of Quetzal effective immediately. The Board of Directors would like to thank Mr. Dow for his contributions and wish him well in his future endeavors.

Mr. John Martin CA has joined Quetzal as CFO effective July 7, 2011. John was the founding and senior partner of EvansMartin LLP, a midsize firm of Chartered Accountants. John has many years experience in finance, merger and acquisition activities, including assisting clients in establishing and integrating operations in the U.S., Europe and for the past two years, primarily in the oil and gas industries in Colombia. Through his role as CFO of APO Energy Inc. and other Colombian assignments, John has developed extensive banking, legal and accounting contacts in Colombia. John has been a CA for 37 years and is a graduate from the University of Western Ontario.

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Wednesday, June 22, 2011

Noble Appoints New VP, Investor Relations

- Noble Appoints New VP, Investor Relations

Wednesday, June 22, 2011
Noble Corp.

Noble announced that Jeffrey L. Chastain has been named Vice President, Investor Relations effective July 5, 2011. In this capacity, Chastain will be responsible for managing and fostering relationships with the global investment community.

"With his substantial experience and extensive knowledge of our industry, Jeff is well prepared to be an important contributor in this key role," said David W. Williams, Chairman, President and Chief Executive. "We are delighted to have Jeff as part of the Noble team."

Prior to joining Noble, Chastain had most recently served as Vice President, Investor Relations for Pride International. He holds Bachelor and Master of Business Administration degrees from the University of North Texas and is a past president of the Houston Chapter of the National Investor Relations Institute.

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Monday, June 6, 2011

CAMAC Appoints New CFO, Senior VP of E&P

- CAMAC Appoints New CFO, Senior VP of E&P

Monday, June 06, 2011
CAMAC Energy Inc.

CAMAC announced the appointment of Edward G. Caminos as Senior Vice President and Chief Financial Officer of the Company, effective as of July 1, 2011, and the appointment of Alan W. Halsey as Senior Vice President, Exploration and Production, of the Company, effective as of June 6, 2011.

Mr. Caminos, 48, has been Chief Financial Officer of BPZ Resources since May 2007. From October 2006 until May 2007, Mr. Caminos served as BPZ's Vice President - Finance and Chief Accounting Officer. Mr. Caminos served as BPZ's interim Chief Financial Officer from June 2006 until October 2006 and as Corporate Controller of BPZ from January 2005 until October 2006. During the 15 years prior to joining BPZ, Mr. Caminos gained valuable experience in the energy sector through various managerial level roles including, Director—Financial Reporting for the Americas Division at Duke Energy, Financial Reporting Manager and, prior to its sale, as interim Controller for Reliant Energy Europe Divisions, and Regional Controller – Latin America for the seismic division of Schlumberger. Mr. Caminos began his career with the international accounting firm KPMG Peat Marwick Main.

Mr. Caminos is a Certified Public Accountant and graduated from Bloomsburg University of Pennsylvania, with a Bachelor's degree in Business Administration — Accounting, in 1984.

Mr. Halsey, 61, joined the Company as its Senior Vice President, Exploration & Production, on June 6, 2011. Prior to joining the Company, he managed his private investment interests after leaving Transmeridian Exploration in 2008, where he had served as Vice President and Chief Operating Officer for this company that had producing assets in Kazakhstan and other exploration interests in the former Soviet Union. He joined Transmeridian in 2006 following a short hiatus after taking early retirement from Texaco Inc. in 2002, where he had served for almost 21 years in positions of increasing responsibility that included Chief Petroleum Engineer for Texaco's Latin America/West Africa group in Miami and, most recently, Chairman and Managing Director of the Texaco Upstream Companies in Nigeria. Prior to that time he served as President of Texaco's affiliate in Colombia, South America and as General Manager of Texaco's Angola oil and gas operations. Mr. Halsey graduated from Imperial College of Science and Technology, University of London with a degree in Oil Technology in 1971 and subsequently worked in Latin America, USA and the North Sea before joining Texaco in 1981.

Dr. Kase Lukman Lawal, Chief Executive Officer, Chairman and Director of CAMAC, commented, "We are extremely pleased to welcome both Ed and Alan to their new roles with CAMAC. Their many years of collective experience and leadership in the oil and gas industry will be of great benefit to the new vision for growth of CAMAC."

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Friday, June 3, 2011

Rex Appoints Interim CEO

- Rex Appoints Interim CEO

Friday, June 03, 2011
Rex Energy Corp.

Rex announced that Lance Shaner, currently chairman of the board of Rex Energy, has been appointed interim president and chief executive officer to replace Dan Churay, who is leaving the company. The company's board has commenced a search for a new CEO with an energy industry operational background, including both external and internal candidates. Patrick McKinney, executive vice president and chief operating officer, and Tom Stabley, executive vice president and chief financial officer, will continue in their roles under their existing employment agreements supporting Mr. Shaner while the board conducts the search.

Mr. Shaner commented, "The board of directors and I would like to thank Dan for his years of service on the board as past chairman of the compensation committee and his many contributions to the company during his tenure as CEO, especially in the areas of strategy, governance, talent management and the disposition of litigation against the company. We are looking forward to finding a new CEO with exploration and production experience at the conclusion of our search."

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Wednesday, May 25, 2011

BOEMRE Appoints New Regional Director for Alaska

- BOEMRE Appoints New Regional Director for Alaska

Wednesday, May 25, 2011
BOEMRE

Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich named Dr. James Kendall as the Director of the Alaska Outer Continental Shelf (OCS) Region. Dr. Kendall has been serving as the Acting Director for the region since January 1, 2011.

"Jim is absolutely the right person for the job. We have very difficult decisions to make regarding energy development offshore Alaska, and the American public must have complete confidence that those decisions will be informed by the best scientific information available," said Director Bromwich. "Jim embodies the principles of scientific integrity. He is committed to openness and transparency, and he is a dedicated public servant. The feedback I have received regarding Jim's tenure over the last few months as Acting Regional Director from environmental organizations, industry groups, and other stakeholders has been uniformly positive – they have praised Jim's openness, his accessibility, and his willingness to listen to all points of view. This praise has been universal, including from stakeholders who have been critical of our office in the past. I am very pleased to have him at the helm of the Alaska Regional office."

Dr. Kendall most recently served as the Chief of BOEMRE's Environmental Division, where he was responsible for overseeing the Bureau's $30 million applied environmental and socioeconomic research program, its responsibilities under the National Environmental Policy Act, its environmental compliance responsibilities and the Coastal Impact Assistance Program. Prior to joining the BOEMRE Headquarters Office in 2000, Dr. Kendall served as the Chief of the Environmental Sciences Section of BOEMRE's Gulf of Mexico Region.

"Working with the Regional BOEMRE team these past few months has been an honor. They are true professionals, committed to environmental protection, responsible energy development and our nation," Dr. Kendall said. "The Alaska OCS is both an environmental treasure and a vital, strategic national resource and I am committed to ensuring safe and environmentally sound stewardship of its resources."

BOEMRE's Alaska Region oversees the exploration and development of oil and gas resources in federal waters offshore Alaska. This includes assessments of the oil and gas resources, preparation of environmental analysis and research, coordination with local, state, tribal and federal governments, and others interested in the OCS program.

Dr. Kendall will eventually transition to become the head of the Alaska region for the Bureau of Ocean Energy Management, one of the new agencies that will replace the former Minerals Management Service on Oct. 1, 2011.

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Monday, May 9, 2011

McDermott Board Appoints Johnson Chairman

McDermott Board Appoints Johnson Chairman

Monday, May 09, 2011
McDermott International, Inc.

McDermott International, Inc. announced Monday the results of its 2011 Annual Meeting of Stockholders, held Friday afternoon, May 6, 2011 in Panama City, Panama.

Based on the voting results from the meeting, shareholders re-elected Messrs. John F. Bookout, III, Roger A. Brown, Stephen G. Hanks, D. Bradley McWilliams, Thomas C. Schievelbein and David A. Trice, and elected Stephen M. Johnson and Mary L. Shafer-Malicki to our Board of Directors, all for one-year terms. In addition, shareholders approved the advisory vote on executive compensation, voted on an advisory basis for the Company to hold the advisory vote on the frequency of executive compensation annually, approved the Company's Executive Incentive Compensation Plan for tax deductibility reasons and ratified the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the year ending December 31, 2011.

As previously disclosed and pursuant to the Company's By-Law requirements, Ronald C. Cambre retired from McDermott's Board of Directors after 11 years of service to the Company, including the last three years as non-executive Chairman. His retirement was effective coincident with the adjournment of the Board of Directors meeting held in connection with the Annual Meeting. Additionally, McDermott announced that the Board of Directors has appointed Stephen M. Johnson as Chairman of the Board and D. Bradley McWilliams as Lead Director of the Board effective coincident with the adjournment of the Board of Directors meeting held in connection with the Annual Meeting.

"On behalf of the Board of Directors, our shareholders and the management team, I want to express our deep gratitude to Ron for his dedicated service to McDermott," said Stephen M. Johnson, McDermott's Chairman of the Board of Directors, President and Chief Executive Officer. "As Chairman, Ron has served the McDermott shareholders in an exemplary fashion and he has selflessly served as a skilled mentor for me. Additionally, I am honored and humbled from the confidence the Board has placed in me as Chairman and I look forward to working closely with the Board and with Brad McWilliams as Lead Director as we prepare McDermott for our next phase of growth."

McDermott is a leading engineering, procurement, construction and installation ("EPCI") company focused on executing complex offshore oil and gas projects worldwide. Providing fully integrated EPCI services for upstream field developments, the Company delivers fixed and floating production facilities, pipelines and subsea systems from concept to commissioning. McDermott's customers include national and major energy companies. Operating in approximately 20 countries across the Atlantic, Middle East and Asia Pacific, the Company's integrated resources include more than 15,000 employees and a diversified fleet of marine vessels, fabrication facilities and engineering offices. McDermott has served the energy industry since 1923.

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