OIG Makes Executive Appointments

Monday, February 13, 2012

Offshore Installation Group said that Steve Preston will join the company in the position of Chief Executive Officer and John Smith will join the company as Executive Vice Chairman. Both Steve and John will take up their positions in  March 2012. Preston joins OIG from Heerema Marine Contractors where he has been Executive Vice President, Commercial & Technology for the past 12 years responsible for the Group’s worldwide commercial and business development activities. Steve  brings over 35 years industry experience to OIG with a strong background in commercial negotiations, engineering and project management. Steve is a past President and active board member of the International Marine Contractors  Association.

John joins OIG from Clough where, as CEO since August 2007, he led a successful turnaround operation. He is a chartered mechanical engineer with 30 years of international oil and gas experience from bases in the UK, Norway and Australia.  He has held engineering, project management, commercial and general management roles and was the inaugrual CEO and a director of Subsea7 until his appointment at Clough. John preceded Steve Preston as President of the International  Marine Contractors Association.
Geir Aune, Chairman of OIG, said "With the delivery of the Giant II in November last year and the Blue Giant fully operational OIG is starting to get noticed in the market. We are pursuing further asset investments with the support of  our shareholders, Goldman Sachs Capital Partners and Harren & Partner, and are positioning ourselves for growth in this exciting market."
Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Standard Chartered Private Equity invests $ 75 mi in Topaz

Topaz Energy and Marine (“Topaz”), a leading offshore support vessel company with primary operations in the Caspian, Middle East, West Africa and Subsea operations

Prosafe Q2 Earnings Below Expectations

Offshore accommodation rig provider Prosafe reported second-quarter earnings below expectations on Thursday and said that its short-term market outlook is weaker

'Double Jeopardy – Trial by Media, Trial by Law' London Opening

BIMCO notes that the highly acclaimed "Double Jeopardy - trial by media, trial by law" first showcased at the BIMCO AGM in Dubai earlier this year is to be brought

Offshore

Coast Guard Medevacs Seafarer From Tanker off Galveston

A Coast Guard rescue helicopter crew medevaced a 32-year-old crewmember off an Italian-flagged tanker Wednesday, after he suffered an injury from a snapped fender

USCG Rescue Fisherman from Western Lake Erie

The Coast Guard rescued a fisherman from western Lake Erie after he launched an emergency distress flare Wednesday afternoon, near South Bass Island, Ohio. The

Chariot Agrees Brazil Farm Out with AziLat

Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, announced that its wholly owned subsidiary, Chariot Brasil Petróleo e Gás Ltda.

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2077 sec (5 req/sec)