Reef Subsea Announce Management Changes

Press Release
Monday, March 04, 2013

Mark Preece is to step down as CEO of the Reef Subsea Group by mutual agreement.  The board has acknowledged and thanked Mr. Preece for his efforts in developing and positioning Reef Subsea as a strong subsea contractor in the oil and gas and offshore wind farm sectors.

Duncan MacPherson, the current managing director of Reef Subsea Norway, will assume the interim role of CEO for the Reef Subsea Group.  Prior to joining Reef Subsea, Mr. MacPherson was an executive VP of DOF Subsea and general manager in DOF Subsea Norway.

Meanwhile, Mel Fitzgerald has been appointed board chairman.  Mr. Fitzgerald has been involved in the oil industry since he joined Brown and Root in 1974 as a Project Engineer and has worked in a number of positions and locations.  He served as CEO of Subsea 7 from 2004 to 2010 before joining the Board of Directors of Subsea 7 S.A. following the merger between Subsea7 and Acergy.  Mr. Fitzgerald left Subsea 7 in 2012.

www.reefsubsea.com
 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

British Queen to Name New Ship

Queen Elizabeth II will christen P&O Cruises’ new flagship Britannia in Southampton, England, on March 10. She will be accompanied by her husband, Prince Philip, the Duke of Edinburgh.

Zamakona Yards' Commitment to Well-being

Recently employees of Zamakona Yards participated in a training course for maintaining Health, Safety and Environment (HSE). The theoretical practice focused on working at heights,

GasLog Post 4Q 2014 Results

GasLog Ltd. and its subsidiaries an international owner, operator and manager of liquefied natural gas carriers, today reported its unaudited financial results for the quarter ended December 31,

Offshore

Hercules Offshore Shares Fall 33%

Drilling contractor Hercules Offshore Inc's shares fell as much as 33 percent to a record low on Friday, a day after Deutsche Bank cut its price target on the company's stock to $0.

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Mexico Approves 5 Shallow Water Areas in Round One Oil Tender

Mexico has approved the terms for five shallow water areas containing around 355 million barrels of oil equivalent as part of its Round One tender to open up the country's oil fields,

Energy

GasLog Post 4Q 2014 Results

GasLog Ltd. and its subsidiaries an international owner, operator and manager of liquefied natural gas carriers, today reported its unaudited financial results for the quarter ended December 31,

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics 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: 0.3572 sec (3 req/sec)