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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Shell Presents Crewmember Safety Awards

Shell Shipping and Maritime, Americas recently held its third annual Goal Zero Hero Awards dinner in Houston, recognizing the crewmembers of 21 contracted/chartered vessels,

Bollinger Wins Contract for Phase II FRC Builds

Louisiana shipbuilder Bollinger Shipyards announced it has secured a contract to build Phase II of the Sentinel Class Fast Response Cutters (FRC) for the United States Coast Guard (USCG).

Asia Dry Bulk-Capesize Rates Under Pressure

Capesize rates fall in a quiet market as holidays weigh; 20 charter-free capesize ships could add to downward trend. Freight rates for large capesize dry cargo

Offshore

Transocean Posts Quarterly Profit on Cost Cutting

Offshore rig contractor Transocean Ltd posted a quarterly profit, compared with a year-earlier loss, as cost cutting helped counter a slump in crude oil prices.

Skandi Paraty Delivered and On-hire

Skandi Paraty, owned by Norskan Offshore Ltda, has been delivered from the yard and went on-hire on a four years contract with Petrobras.   Skandi Paraty is an AHTS,

ABB Transformers for the Most Powerful Wind Turbines

ABB will deploy 40 special transformers to equip wind turbines for an offshore wind farm in the Irish Sea. The MHI Vestas Offshore Wind turbines are 195 m (640

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.0746 sec (13 req/sec)