Leadership changes herald next chapter for READ Cased Hole
World-leading cased hole logging specialist, READ Cased Hole, has revamped its senior leadership team by appointing Bruce Melvin, formerly CFO, to the role of CEO.
READ now operates with a leaner senior leadership team of three, spearheaded by Bruce and comprising Alan Walsh, Service Delivery Director and Kevin Giles, Global Commercial Director.
Bruce said, “I am very pleased take up the position of CEO at READ. Working closely with Kevin and Alan, I believe our revamped senior leadership team can bring a fresh approach to managing the business globally and will improve the service we provide to oil and gas operators. We have been successfully delivering production logging, well integrity, reservoir evaluation and ANSA data analysis services for 30 years and we recently restructured our organisation into global hubs in Aberdeen, Houston and Doha, as well as operations and sales capability in Alaska. Our focus during 2020 and beyond will be on increasing READ’s capability and capacity through further investment and continuing to deliver the best possible service to our customers, whilst upholding our high safety and service delivery standards.”
Applied Petroleum Technology Appoints CEO
Applied Petroleum Technology, a leading international provider of geochemical and biostratigraphic services for the upstream oil and gas industry, has appointed Helge Nyrønning as its CEO.
Helge Nyrønning has previously held roles as managing director and head of business development at Akastor- owned sub-surface consultancy group First Geo (now AGR). Prior to this he spent nine years with the predecessor to First Geo, Aker Geo.
“Applied Petroleum Technology probably has the world’s leading laboratory within geochemistry services, which help provide the oil and gas market’s most precise, high quality data to support operators’ exploration and production teams. Combined with a solid biostratigraphy team we essentially assist energy companies in finding and producing hydrocarbons,” says Helge Nyrønning, CEO of Applied Petroleum Technology.
Applied Petroleum Technology provides geochemical and biostratigraphic laboratory services, basin modelling and petroleum systems analysis to operators worldwide.
Crosby Acquires Feubo
The Crosby Group, the global leader in lifting, rigging, and material handling hardware, has completed the acquisition of Feubo, a global leader in offshore mooring components for the oil and gas and wind energy markets. Financial terms of the transaction were not disclosed.
The acquisition, effective January 14, 2020, includes the Feubo facility located in Hattingen, Germany that will become Crosby’s center of excellence for mooring components, as well as a key engineering and innovation centre.
Oliver Feuerstein, CEO of Feubo, will continue to lead the Feubo team and operation.
Robert Desel, CEO of Crosby, said: “We are thrilled to expand our offshore product portfolio and end market reach with this acquisition. Feubo’s position as a leader and innovator in mooring components, and the opportunity to leverage its world-class engineering and innovation competency, made this a compelling addition to Crosby.”
Feuerstein added: “This is an exciting new chapter for Feubo, its employees, and customers. With Crosby’s global presence we can increase our reach and increase the pace of innovation. We look forward to joining the Crosby team, who share the same values as us – safety, reliability and innovation.”
February 2020
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