New Senior Management at Kreuz Subsea
has named AJ Jain chief executive officer and Balaji Bhashyam as chief operating officer. Jain brings to the CEO role more than 25 years of executive industry experience, having held a number of leadership positions in the oil and gas industry. His previous posts include managing director at Harkand Group where he was responsible for operations in North America and Africa. Prior to Harkand, he was part of the senior management team at Dynamic Industries International LLC responsible for international operations. He also held several senior executive assignments at Global Industries Ltd (acquired
Harkand North America Salvaged by MBO
Ethos Offshore Completes Harkand North America Management Buy Out A team led by AJ Jain, Harkand North America Managing Director, has agreed to a management buyout (MBO) of Harkand’s North American and African business. The new company, to be named ETHOS OFFSHORE LIMITED, will continue to provide subsea engineering and construction services to Harkand’s existing US, Mexican and West African client base to market-leading standards. The new company, backed by investment funds advised and managed by Oaktree Capital Management, L.P. (“Oaktree”), is expected
Harkand Appoints GM for Africa
Inspection, repair, maintenance (IRM) and light construction company Harkand has informs it has united its African presence under the leadership of Doug Fieldgate as Africa General Manager. Fieldgate has 23 years of experience in the African oil and gas market primarily focused on West Africa. He will be based in the North America and Africa operations headquarters in Houston and will lead the company’s continued expansion into the region working closely with its consortium partners. According to Harkand, the assignment builds on its successes in the region including
Harkand Hires New Group General Counsel
International subsea inspection, repair, maintenance (IRM) and light construction company Harkand announced the appointment of Jacqueline Hill as the group general counsel. Hill brings more than 15 years of experience in corporate law, most recently in energy marketing and trading in the U.K. She has been instrumental in advising senior management on corporate structure and governance issues during periods of negotiation and business expansion, including joint ventures, infrastructure accession agreements and day-to-day compliance issues. In her previous role as general counsel at Gazprom
