Crondall Energy, the floating production and subsea engineering specialists, has announced changes to its board to enable it to capitalise on the increasing level of opportunities within the sector.
The move follows the creation last year of two distinct service offerings: consulting, provided by Crondall Energy Consultants and its affiliate Crondall Energy Subsea, and its technology arm Buoyant Production Technologies Ltd. which is focused on projects including work on unmanned production facilities and new FPSO designs. The two offerings are part of the Crondall Energy Group.
With immediate effect, Anna-Louise Peters, Crondall Energy Consultants’ Finance Director, has been promoted to the role of Managing Director. Her predecessor, Duncan Peace, will continue to oversee Crondall Energy’s group activity as Group Managing Director. He will also lead the technology business as Managing Director of Buoyant Production Technologies. Anna-Louise will retain her group finance responsibilities.
In addition, Gary Doyle, previously Crondall Energy Consultants’ Director for SE Asia and Norway, has stepped down from the Board and has sold his shares in the group.
Anna-Louise joins Duncan as a shareholder in the newly established holding company Crondall Energy Ltd., with Duncan remaining the majority shareholder. Gary remains with Crondall Energy as a key member of the management team, retaining his responsibility for SE Asia and Norway.
Stephen Booth continues as Managing Director of Crondall Energy Subsea.
Duncan Peace, Crondall Energy’s Group Managing Director, said: “These changes will allow us to capitalise on the rapidly expanding opportunities in the market and grow both our consulting and technology businesses.
“I would like to thank Gary for his significant contribution to the success and development of the group, as both a shareholder and as a member of the Board and congratulate Anna-Louise on her promotion to Managing Director of Crondall Energy Consultants.
“Anna-Louise has shown outstanding leadership during what has been a turbulent period throughout the industry and she has demonstrated that she has the necessary strategic vision and drive to grow the consulting business in the future.
“By providing Buoyant Production Technologies with a greater level of dedicated management resource, we will now be able to accelerate the commercialisation of our innovative technology solutions for the floating production market.”
Crondall Energy provides engineering, business advisory, project support and training services from its offices in the UK, Singapore, Norway and the US. Buoyant Production Technologies is currently part of a multi-partner study supported by the Oil and Gas Technology Centre to prove its concept for a reusable production buoy.