Services/Suppliers

May 19, 2008

Douglas-Westwood Ltd.,

Reid
Click here to enlarge image

Aberdeen, has appointed Andrew Reid managing director. John Westwood, company founder and former managing director, will assume the role of executive chairman. Previously operations director with divisional responsibility for the firm’s transactions services business, Reid will continue to be based at Douglas-Westwood’s Aberdeen office. He joined Douglas-Westwood in 2006 and was appointed to the board in 2007. Previously, Reid was a mergers and acquisitions advisor focused on the oil and gas industry managing buyside and sellside mandates and corporate development projects at Ernst & Young. He also has extensive experience as an energy analyst, including market modeling, forecasting, and due-diligence studies at Ernst & Young and ODS Petrodata. Prior to these appointments, he was a sellside equity analyst responsible for European oil service coverage with investment bankers Simmons & Co. He holds an MA in economics and an MBA.

Douglas-Westwood was formed in 1990 and has grown to become a leading provider of market research, strategic reviews, and commercial due-diligence services to both investment houses and players in the energy sector.

Transocean Inc.,

Houston, has named Terry B. Bonno vice-president, marketing. Bonno previously served as director, marketing, North and South America Unit—which covers the U.S. Gulf of Mexico, Canada, Trinidad and Tobago, and Brazil—since March 2005. She brings 26 years of industry experience, including 17 years with Global Marine Inc. and Applied Drilling Technology Inc., two subsidiaries of GlobalSantaFe Corp. that were assumed in a recent merger with the company, and 9 years with Transocean. Bonno has served in various management positions in accounting, corporate planning, and marketing, including manager, sales and contracts turnkey; manager, asset sales; and senior sales representative, North America. She also served in the company’s Europe and Africa Unit (EAU) as marketing manager, West Africa South, from 2003 to 2005. Bonno is a certified public accountant and holds a bachelor’s in business administration-accounting from Stephen F. Austin State University. In addition, Transocean has named Simon Crowe vice-president, planning and strategy. Previously, he served as director, finance, for EAU. Crowe joined the company in 2004 as EAU finance director. Before joining Transocean, he served in various finance functions with three international energy companies. Crowe holds a degree in physics from Liverpool University. He is also a member of the Chartered Institute of Management Accountants in the UK.

Transocean Inc. is the world’s largest offshore drilling contractor and a leading provider of drilling management services worldwide.