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Sunday, May 27, 2018

Amec Plc News

Peter McIntosh

McIntosh Named CTruk Chairman

Composite high-speed craft designer and builder CTruk has appointed shipbuilding industry veteran Peter McIntosh OBE to succeed Andy White as chairman. McIntosh, the former executive director of VT Group PLC, holds experience of the marine and defense industries and will steer the innovative company through its next stage of growth, CTruk said. White will remain on the board as an executive director. Managing director Ben Simpson will be working closely with McIntosh on implementing an expansion and development plan now that CTruk’s designs have gained significant traction in the

Stephen Xuereb

Xuereb Named CEO at Valletta Cruise Port

Valletta Cruise Port plc the operator of the Valletta Cruise Terminal and of the Valletta Waterfront announces the appointment of Stephen Xuereb as the Chief Executive Officer of the Group with effect from June 1, 2014. Xuereb succeeds John Portelli who has been at the helm of the company over the past five years. Xuereb, a Fellow of the Chartered Institute of Accountants and a Henley MBA graduate, played a central role in Valletta Cruise Port plc’s success (formerly Viset Malta plc) since its inception in 2002. Xuereb’s current role is that of group’s Chief Finance Officer

UK's Oil Services Firms to Cut Jobs to Ride Out Price Slump

Amec Foster Wheeler Plc and Petrofac Ltd on Tuesday joined a growing list of London-listed oil and gas support services companies planning to cut jobs in response to the tumble in oil prices.   Benchmark Brent crude oil prices have nearly halved in the first quarter, prompting large production and exploration firms to slash their spending budgets by an average 10-15 percent and renegotiate contracts with the service providers.   Amec, which employs 40,000 people, said it was in consultation with 149 Aberdeen-based employees and that about 64 roles could potentially be affected. The

Ian Tyler, Chairman of Cairn

Cairn Energy Appoints Two Directors

  The Company is pleased to announce the appointment of two new independent non-executive directors, Keith Lough and Peter Kallos, to the Board of Cairn Energy PLC. Keith Lough will be appointed immediately following the Company’s AGM on 14 May 2015 and Peter Kallos will be appointed with effect from 1 September 2015. Keith Lough will join the Company’s audit, nomination and governance committees and Peter Kallos will join the remuneration and nomination committees. It is intended that Todd Hunt will retire from the Board as a non-executive director following the Company’s

Great Lakes Dredge & Dock Names Petterson CEO

consultant to clients in the oil and gas sector. Petterson served as chief operating officer (COO) and executive vice president at Chicago Bridge and Iron (CB&I) from 2009 to 2013. Prior to CB&I, Petterson was CEO of Gearbulk, Ltd. He was also president and COO of AMEC Americas, a subsidiary of AMEC plc. Prior to joining AMEC, Petterson served in various executive and operational positions for Aker Maritime, Inc., the deepwater division of Aker Maritime ASA of Norway, over the course of 20 years. He spent the first nine years of his career in various positions at Norwegian Contractors, an offshore

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Rolls-Royce Appoints Ruth Cairnie as Non-Executive Director

  Rolls-Royce is pleased to announce that Ruth Cairnie has been appointed as a Non-Executive Director of the Company with effect from 1 September 2014. Ruth Cairnie was formerly Executive Vice President Strategy & Planning at Royal Dutch Shell Plc, where she held a number of senior international roles, including managing the Global Commercial Fuels business. She served on the boards of Shell Pakistan Ltd and joint venture companies in Germany and Thailand. She is currently a Non-Executive Director of Associated British Foods plc and Keller Group plc. She is also a member of the Advisory

Richard Adam (Photo: BMT)

Adam Joins BMT Board

Design, engineering and risk management consultancy BMT Group Ltd informs that Richard Adam has joined its board as a nonexecutive director.     Qualifying as a chartered accountant in 1982, Adam has a wealth of financial acumen, M&A and international business experience, having served as finance director of private and listed businesses for nearly 30 years. From 2007 until retiring in 2016 he was group finance director of Carillion plc and previously, he held the same role at Associated British Ports Holdings plc for seven years. Adam currently serves as a nonexecutive director and

Sam Foster (Photo: Braemar Adjusting)

Braemar Adjusting Promotes Foster

Braemar Adjusting announced the promotion of Sam Foster from Senior Adjuster to Director, effective immediately.   Foster graduated from Loughborough University in 2006 with a Masters in Aeronautical Engineering. Prior to joining Braemar, he worked for AMEC as a Mechanical Engineer, where he specialized in rotating and static machinery, working on a range of projects including a Libyan onshore rig modernization study, a Swiss refinery development and BP’s North Sea Clair Ridge Project.   Foster joined Braemar Adjusting London in 2009 where he ran a number of notable claims, including

Sir Frank Chapman

Golar LNG to Appoint Sir Frank Chapman as Chairman

  Rolls-Royce Holdings plc reports that Golar LNG Limited has announced its intention to propose the appointment of Sir Frank Chapman as its Chairman, conditional upon the closing of the Secondary Offering recently announced by Golar LNG Limited.   Sir Frank Chapman is a non-executive director, and chair of the safety and ethics committees, of Rolls-Royce Holdings plc.   This disclosure is made pursuant to paragraph 9.6.14 (2) of the Listing Rules. Golar LNG Limited is listed on the NASDAQ Stock Market.

Sir John Hood (Photo: BMT Group)

BMT Appoints New Chairman

International maritime design, engineering and risk management consultancy BMT Group announced the appointment of Sir John Hood KNZM as Chairman of BMT Group Ltd. with effect from October 1, 2015, following the retirement of Dr. Neil Cross at the end of BMT’s financial year on September 30. Sir John Hood is a nonexecutive director of BG Group plc and WPP plc, chairman of Urenco Ltd (from which he will retire later this year), Matakina Ltd., and Study Group Ltd.; president and chief executive officer of the Robertson Foundation; and chair of the Rhodes Trust and Teach For All.  For five

BG Group veteran Chapman joins Golar LNG as chairman

Sir Frank Chapman Appointed Golar's Chairman

Golar LNG Limited announced that with effect from September 19, 2014, Sir Frank Joseph Chapman has been appointed to the Board of Directors of the Company and will act as the Company's Chairman.   Sir Frank Chapman has worked 40 years in the oil and gas industry culminating in a twelve-year period as Chief Executive of BG Group plc. Under Sir Frank's leadership, BG Group grew from the modest UK-based Exploration and Production interests of the old British Gas into an international integrated oil and gas major. Operating profits grew from some $50 million in 1996 to more than $8 billion in 2012.

Photo courtesy of Valletta Cruise

Valletta Cruise Port Announces New Appointments

Valletta Cruise Port plc the operator of the Valletta Cruise and Ferry Terminal facilities and of the Valletta Waterfront destination, has presented  two new Senior Management members with effect from July 2015.   Karl Azzopardi has been appointed as the Head of Operations and Projects, and will be playing a key role in chalking out Valletta Cruise Port’s overall operational and project development strategy, including recommendations for the best use of organisational resources. Azzopardi is a seasoned professional with over 25 years of experience in the field of project management

BHP Billiton Chairman, Jac Nasser,

Changes on BHP Billiton Board

  BHP Billiton Chairman, Jac Nasser, today announced a number of changes to the BHP Billiton Board of Directors. Anita Frew has been appointed to the BHP Billiton Board as an independent Non-executive Director, effective as of 15 September 2015. Ms Frew has over 18 years’ experience as a director and chairman on public company boards across a range of global sectors, including chemicals, engineering and finance. She is currently Chairman Designate of Croda International Plc, the speciality chemicals group and Deputy Chairman of Lloyds Banking Group Plc. Mr Nasser said Ms Frew’

Kevin Smith Courtesy GKN Plc

Smith Taken on Rolls-Royce Holdings Board

  Rolls-Royce Holdings plc today announces the appointment of Sir Kevin Smith CBE as a Non-Executive Director.  Sir Kevin will join the Board with effect from 1 November 2015 and will become a member of the Nominations and Governance Committee, the Remuneration Committee and the Science & Technology Committee. Sir Kevin joins from Unitas Capital, a leading Asian private equity firm, where he has been a full-time partner based in Hong Kong since joining the firm in February 2012. He has used his extensive industrial leadership experience to work closely with Unitas' portfolio companies

Stephen Daintith Photo courtesy DMGT

Daintith Named CFO, Rolls-Royce

Rolls-Royce announced that Stephen Daintith has been appointed Chief Financial Officer and as an executive director of Rolls-Royce Holdings plc. Stephen will take up his new role in 2017, succeeding David Smith who will leave Rolls-Royce after three years to pursue other business interests. David will remain in post into the New Year to ensure an effective transition.*   Stephen Daintith is currently Chief Financial Officer of Daily Mail & General Trust plc. Previously he was employed by News International as Chief Financial Officer and Chief Operations Officer of Dow Jones & Co. His

Andrew Bonfield (Photo: Caterpillar Inc.)

Caterpillar Names Bonfield CFO

Caterpillar Inc. announced today its board of directors has appointed Andrew Bonfield as chief financial officer (CFO) effective September 1, 2018. Bonfield will succeed Brad Halverson, whose retirement became effective May 4, 2018.Bonfield brings more than three decades of financial expertise to the role, most recently serving as Group CFO and board member of National Grid plc, a British multinational electricity and gas utility company.Prior to Bonfield's eight years at National Grid, he was CFO at British confectionary company Cadbury plc. From 2002 to 2008, he was executive vice president and

Petterson Named Great Lakes CEO

, procurement and construction project operations and sales.    Prior to CB&I, Petterson was CEO of Gearbulk, Ltd., a privately held company that owns and operates a fleet of gantry craned open hatch bulk vessels. He was also president and COO of AMEC Inc. Americas, a subsidiary of AMEC plc, a British multinational consulting, engineering and project management company. Prior to joining AMEC, Petterson served in various executive and operational positions for Aker Maritime, Inc., the deepwater division of Aker Maritime ASA of Norway over the course of 20 years. He spent the first nine

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