Red7Marine Offshore Appoints Its First CEO
- Business & Finance
Company operating in the offshore energy sector, Red7Marine Offshore, has appointed its first chief executive.
Martin Myhill Sisley joins the UK’s leading independent air diving provider as its new specialist vessel, Red7 Alliance, arrived at its Great Yarmouth base.
The vessel – part of the company’s £25m investment in equipment this year – sailed into Great Yarmouth harbour on Sunday heralding the ambitious company’s expansion into saturation diving and bringing more jobs to the town.
With 25 years’ offshore industry experience, Mr Sisley, 43, 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 company – whose turnover has increased 10-fold since its formation in 2008, from £5.5m to more than £50m this year – has carved a reputation as the “go to” offshore diving and support services provider in the renewables industry.
The new post means a move “home” for Norfolk born and bred Mr 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.”
Mr 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 –soon to announce key on and offshore job opportunities and services for the Red7 Alliance as well as other career opportunities – 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.
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.”
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.
Press release; Image: Red7Marine