Well-Safe Solutions brings in two more directors
- Business & Finance
Well-Safe Solutions, a specialist well abandonment company, has announced the appointment of two more directors to lead the recently launched business.
Following the company’s recent announcement of the company’s first acquisition and appointment of chief executive officer Phil Milton, Well-Safe on Wednesday said said it bolstered its team with the appointments of Graeme Murray as legal and commercial director and Glenn Wilson as chief technical officer (CTO).
Regarding the appointments, Milton said: “With these new appointments and the strength of our executive, we now have what I believe is one of the strongest, most technically competent and well-connected management teams in the business.
“Graeme Murray’s legal and commercial expertise and track-record will underpin the roll-out of our differentiated contracting strategy, unique commercial model and innovative funding packages.
“New and enhanced techniques and technologies are key to the plugging and abandonment of subsea wells in a safe and cost-effective manner. As CTO, Glenn Wilson brings a wealth of engineering expertise and a proven track-record in decommissioning P&A program management and delivery.
“We will continue to invest in people and look to acquire assets to build a market-leading decommissioning company for the future, capable of taking on any P&A operation.”
Joining Well-Safe from Dolphin Drilling, where he was managing director, Murray has over 27 years of legal and commercial experience in oil and gas. He was previously general counsel, company secretary, and vice-president for commercial and procurement with Subsea 7.
Wilson joins Well-Safe from Repsol Sinopec where he was decommissioning program manager. Before that he was decommissioning and UK operations manager for Hess Limited. With over 30 years of E&P experience in oil and gas asset life cycle management, Wilson held various senior roles both on and offshore for Hess, JP Kenny, and Coflexip Stena Offshore.
Earlier this month, the company, set up by Alasdair Locke, Mark Patterson, and Paul Warwick, announced a planned £200 million investment and the creation of 400 new jobs.