Aquaterra Welcomes New Financial Director

Aquaterra Energy, offshore engineering solutions provider, has appointed Nick Hawkes as its new financial director as the company gears up for service expansion.

Based at the company’s headquarters in Norwich, Hawkes will be responsible for providing financial leadership and support to the business.

Hawkes has more than four years experience in the oil and gas industry and joins Aquaterra having spent nearly 20 years with Babcock International where he latterly held the position as financial director for 15 years.

His appointment follows the announcement in July that Aquaterra Energy was the first company to secure a multi-million pound investment from EV Private Equity as part of its pledge in 2016 to invest $200 million in North Sea businesses with new technologies and high growth potential. The independent private equity firm confirmed it was seeking to invest between $10 million to $40 million in each company.

George Morrison, managing director of Aquaterra Energy, said: “Nick’s appointment marks an important development as the company shapes itself for future growth. His experience will bring important skills to our top management team.”

Nick Hawkes added: “I joined the company because I saw a real opportunity to lead and support the growth of the business through the delivery of effective financial leadership and governance. I have 15 years of experience and skill to bring to what is a dynamic and expanding international company.”