Three60 Energy, a newly formed oil field service company backed by Simmons Private Equity, today announced the appointment of a new board member to strengthen the senior management team and drive the future growth of the group.
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Walter Thain has recently been appointed as CEO, North Sea and is responsible for supporting the strategic growth of recently acquired Step Change Engineering, adding further acquisitions and leading the development of our overall life cycle support services capability in the North Sea. Walter has 28 years oil and gas industry experience and joins us from Petrofac, where he held key roles in the UK and UAE, most recently as Managing Director, West for Engineering & Production Services.
Gerwyn Williams, Group CEO of Three60 Energy commented, “I am absolutely delighted to announce the appointment of Walter, as his wealth of industry knowledge and varied oilfield service experience both in the UK and internationally will add a significant value to our board and senior management team”.