Red7Marine Gets New Chief Executive
- Business & Finance
Red7Marine Offshore has appointed its first chief executive. Martin Myhill Sisley joins the UK’s independent air diving provider as its new specialist vessel, Red7 Alliance, arrived at the Great Yarmouth base.
With 25 years offshore industry experience, Sisley is looking to expand the Great Yarmouth and Aberdeen-based company further, developing its expertise, fleet and services, exploring further in-roads into the oil & gas industry.
The new post means a move “home” for Sisley after 20 years in Aberdeen.
“The move back had to be for the right company. The main attraction of Red7Marine, as well as the acquisition of the Red7 Alliance, was that it has done so well and I could see there were clearly further opportunities for the company,” said Sisley.
Sisley’s appointment comes after Red7Marine Offshore was established earlier this year to run Red7Marine Group’s growing range of offshore and subsea services to the oil & gas and renewables industries.
He joins the company from Ocean Installer in Aberdeen where, as managing director, he was its first UK-based employee, building a staff of 70 and a turnover of £25m.
“That was a great challenge, starting with a blank sheet of paper and building the business and reputation,” he said.
Taking an office-based role in his early 20s meant a move to Aberdeen where he remained, with roles spanning the industry, including operations, marketing, commercial and business development for Oceaneering, Halliburton Subsea, Subsea7, Saipem, with at least five years’ experience with each.
As well as expanding Red7Marine Offshore’s client base in the oil & gas sector, his plans include developing excavation and burial services, launched with the development of its SeaVex equipment.
“I will be exploring this further, looking at rebranding and adding to this business through partnerships and more investment,” Sisley stated.
Mike Jones, Red7Marine director, said: “We are delighted that Martin is joining us. The need for this senior appointment comes as a direct result of the huge opportunities that are now in front of us.”
“Moving forward, there is a greater need to manage more closely the strategic growth and development plan already put in place.”
Among other internal changes, offshore projects director Peter Flint takes up the new position of technical director to support the diverse and complex needs of the offshore operations.