Oil & Gas UK adds four new board members
- Business & Finance
Oil & Gas UK, a trade association for the UK offshore oil and gas sector, has appointed four new members to its board.
The organization said on Tuesday that Cory L. Loegering, region vice president and managing director for Apache North Sea; Robin Allan, Premier Oil’s director for the North Sea and Exploration; and Bill Dunnett, managing director of Repsol Sinopec Resources UK joined the board as representatives of the operator community.
Peter Wilson, vice president of operations of Rowan Companies, has been appointed to contribute to the representation of contractors and supply chain companies on the board.
With these latest additions, the number of board members has risen to 25.
Loegering, who has almost 40 years of oil and gas experience including exploration and production activities in the Gulf of Mexico, said: “Oil & Gas UK plays a prominent role in representing the oil and gas community in the UK. Our industry faces many difficult challenges in a low commodity price environment. With a focus on efficiency and collaboration across all aspects of our business, we hope to operate more efficiently while stimulating activity and reinvigorating the UK oil and gas sector.”
Robin Allan said: “The lower oil price has delivered a wake-up call to our industry, confirming our need to work collaboratively to ensure the UK maintains its position as a global center of excellence for the oil and gas industry. To continue exploration and development of our nation’s oil and gas, we need our Government to provide tangible incentives to help British companies.”
With significant expertise in the operation of mature assets on the UK Continental Shelf, Bill Dunnett said: “The industry has experienced unprecedented challenges recently and responded well. The case for long-term investment in our industry remains strong, and the board will play a key part in promoting its significant potential.”
Peter Wilson said: “The board provides the ideal arena for us to collectively help steer the industry towards improved collaboration, stimulate increased well activity and build a brighter long-term future for the oil & gas business in the UK.”
Deirdre Michie, Oil & Gas UK’s chief executive, said: “Many challenges remain for this industry, but our latest Economic Report demonstrates that the collective actions we have taken so far are having a positive impact on improving the performance of the sector.
“The guidance of Oil & Gas UK’s board is key to this process. As I warmly welcome the new members, I would also like to thank those colleagues who have left the board for their commitment and service to the industry whose contribution has helped us make progress in restoring competitiveness to the sector.”