New Directors Key to Isolation Experts STATS Group

Press Release
Friday, February 22, 2013
STATS Group CEO, Pete Duguid, Carl-Petter Halvorsen and Dave Shand

STATS Group has appointed two new directors as part of a strategy to double the size of the business.
 


Carl-Petter Halvorsen has joined the pipeline engineering company as business development director while Dave Shand takes up the newly created post of chief operating officer.



The dual appointments will strengthen STATS’ management team and free up chief executive officer Pete Duguid to focus on international development of the company’s unique range of piping and isolation tools for the oil and gas industries.



Mr Duguid said the Aberdeen-based business, which employs 150, would double in size as part of its growth strategy and forecast revenues for 2013 are estimated at £27.5 million, which would be a 49% upturn on 2012 sales of £18.5 million.



Carl-Petter Halvorsen has an extensive knowledge of the Scandinavian energy sector, was a founder of integrity management specialist Flexlife, and was previously business development director at Wellstream.



Dave Shand has worked with number of dynamic fast-growth companies during a 30 years career in the oil and gas sector. He was a director and part of the founding management team of WellDynamics, was operations director with Petroleum Engineering Services (PES) and held senior international roles over a 15 year period with Schlumberger.



STATS Group chief executive officer, Pete Duguid, said: “Both appointments add strength and depth to our existing management team and will allow us to be more proactive in identifying and developing new business opportunities, while reinforcing the existing relationships we have with the major oil and gas operators and service companies.



“Carl-Petter Halvorsen is extremely well known in the international pipeline isolation sector and will greatly enhance our global development and market penetration. The pipelines and subsea industry are key sectors for STATS and Carl-Petter’s reputation will open doors to give us a chance to demonstrate our capabilities.



“Dave Shand brings a wealth of experience and wisdom to the table and by taking accountability for the day to day operations of UK and global operations, it will allow me to concentrate on high-level business development. He has spent a lot of time working with niche engineering companies and his understanding of how to get the best out of an engineering-manufacturing service provider will improve operations across the group.



“We have a very strong reputation in the market place but are guilty of not promoting that position vigorously enough and we need to change the perception of being one of the oil and gas industry’s best kept secrets.”

 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Coast Guard Foundation to Honor USCG in Miami

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Maritime Broadband Opens Office in Greece

Maritime Broadband has expanded its worldwide footprint by opening an office, Maritime Broadband Hellas, in Athens, Greece. The new office addresses the growing

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Energy

Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

News

Coast Guard Foundation to Honor USCG in Miami

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Sunken Barge Salvage Stops Traffic on Chicago River

The U.S. Coast Guard said it is restricting vessel traffic on the Chicago River to allow for salvage of a sunken barge. All cargo has been removed from the sunken

Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have

 
 
Maritime Careers / Shipboard Positions Naval Architecture Offshore Oil Pipelines Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar 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: 0.2936 sec (3 req/sec)