Services/Suppliers

April 6, 2009

Key Energy Services Inc.,

Hutchinson
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Houston, has appointed Blake Hutchinson vice-president, corporate development. He will lead efforts to identify and evaluate international business development opportunities in the Eastern Hemisphere and serve as Key’s investor relations executive. Hutchinson has extensive financial investment experience in the oil and gas industry, having worked at Daniel Breen & Co., Howard Weil Inc., and most recently at Treaty Oak Capital Management in Austin. He has a BA in economics and managerial studies.

Key Energy Services is the world’s largest rig-based well services company. The company provides oil field services including well servicing, pressure pumping, fishing and rental tools, and electric wireline, with operations in all major onshore oil and gas producing regions of the continental US and in Argentina and Mexico.

Spectraseis,

Zurich, has entered into a long-term, strategic partnership with Saudi Makamin Co. Spectraseis and Makamin are forming a joint new venture based in Dhahran, Saudi Arabia, to market and deliver low-frequency geophysical solutions in the Middle East. Makamin has also become an owner of Spectraseis, alongside the company’s major shareholders Warburg Pincus and StatoilHydro Ventures.

Established in 2003, Spectraseis is the principal technology and service provider in the field of low-frequency passive seismic geophysical surveys and data analysis.

Established in 2008, Makamin is a Saudi oil field services group that is a building a portfolio of new technology and service offerings for operators in the Persian Gulf region, including exploration technology, drilling services, advanced production systems, well services, and integrated project management.

Knight Oil Tools,

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Lafayette, La., has named Robert C. Veazey as its new CFO. He will oversee all financial affairs of Knight’s subsidiaries and affiliates. Veazey joins Knight after the sale of Veazey & Co., a firm of CPAs and business consultants he founded. He is a University of Louisiana graduate and a member of the American Institute of Certified Public Accountants, the Louisiana Society of Certified Public Accountants, the National Association of Certified Valuation Analysts, and the Association of Certified Merger and Acquisition Analysts.

Knight Oil Tools is the largest privately held rental and fishing tools business in the oil and gas industry and includes Knight Fishing Services, Knight Well Services, and Knight Manufacturing.

Noble Denton,

London, has announced two executive appointments within its American operations. The company appointed Michael Lowe as global business team group director, project management services, and Vernon Luning as president, Lowe Offshore International, US project management services. Lowe will be responsible for developing the company’s global field development project management capabilities. He furthers a 35-year career in domestic and international oil and gas project management and market development. Lowe managed many upstream projects in the US, Europe, New Zealand, Ecuador, Brazil, Thailand, China, and Mexico. He is the founder of Lowe Offshore International and had previously assumed the role of Lowe Offshore president from 1981 to August 2007, when the company was acquired by Noble Denton. Luning previously served as senior project manager with Lowe Offshore and brings more than 35 years of industry experience in offshore construction management. He joined Lowe in 2002 and has led several field development projects in the Gulf of Mexico.

In addition, Arthur Aragon, the current group director for project management services, will be appointed to Brazil to focus exclusively on opportunities for the company’s project services there.

Noble Denton is a leading worldwide provider of life cycle marine and offshore engineering services to the oil and gas, marine, and renewables industries.

Baker Hughes Inc.,

Houston, has appointed Arthur L. Soucy vice-president, supply chain. Most recently, he was vice-president, global supply chain, for Pratt & Whitney, a United Technology Corp. company. Soucy held a variety of management positions across different business units since beginning with Pratt & Whitney in 1995. From 1982 to 1995, he worked for United Technology’s Hamilton Standard, serving in various manufacturing engineering and product development management roles. Soucy has a BS from Lesley University in Cambridge, Mass., and an MBA from Massachusetts Institute of Technology.

Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion, and production products and services to the worldwide oil and gas industry.

Paratherm Corp.,

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West Conshohocken, Pa., has promoted Rich Clements to COO and vice-president of operations. Previously, he was sales manager since 2007. He will manage Paratherm’s day-to-day operations, drawing from his experiences in previous positions as product director, plant manager, and plant engineer. Clements will introduce two new fluid products, broadening Paratherm’s spectrum of offerings and answering specific market-driven needs. Research and development are currently concluding so that the products can be commercialized later in 2009. Clements has a chemical engineering degree from the University of Maryland. With more than 20 years of executive-level sales management experience, much of it with a Fortune 500 company in industrial (chemical-related) sales, he will continue to oversee the sales department.

Founded in 1988, Paratherm has become a leading US manufacturer of specialized heat transfer fluids and system cleaners serving the chemical, plastics, and other industries.

CGGVeritas,

Paris, has expanded its processing and imaging hub in Cairo. With its powerful computer facility and high-speed link to the company’s massive EAME computer hub in the UK, the new expanded regional hub can process all types of seismic data, including wide-azimuth and multi-azimuth, through the latest advanced imaging techniques. Located in the Free Zone of Nasr City, Cairo, the hub employs 70 professionals, including more than 40 geophysicists.

CGGVeritas is a leading international pure-play geophysical company delivering a wide range of technologies, services, and equipment through Sercel to its broad base of customers mainly throughout the global oil and gas industry.

GE Oil & Gas,

Florence, Italy, has inaugurated its new, consolidated Americas offices in Houston. The new GE Oil & Gas building is the first site to house all GE Oil & Gas businesses at one location since the acquisition of PII Pipeline Solutions in 2002, VetcoGray in 2007, and Hydril Pressure Control in 2008. Almost 500 employees from sales, engineering, commercial operations, and other supporting functions have relocated to the new office building. This regional headquarters will support all segments of the oil and gas industry—from drilling and completion to production, LNG, pipeline, refining, and petrochemicals. In addition to the new office building, GE Oil & Gas also has three manufacturing plants and two service centers in the Houston area. In total, GE Oil & Gas employs more than 2,000 people in the Houston area.

GE Oil & Gas is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, offering solutions for production, LNG, transportation, storage, refineries, and petrochemicals. It also provides pipeline integrity solutions, including software and asset management. With its acquisition of VetcoGray and Hydril Pressure Control, GE Oil & Gas now offers additional products, systems, and services for drilling, completion, and production within onshore, offshore, and subsea applications.

MODEC Inc.,

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Tokyo, has made three major executive appointments. Nobuhiro Yaji has been promoted to president and co-CEO of MODEC Inc. Shashank Karve has been promoted to managing director and COO of MODEC Inc. as well as chairman and CEO of MODEC International Inc. Kenji Yamada has assumed the role of chairman and continues as CEO of MODEC Inc. Yaji has been a member of the board of directors of MODEC Inc. since 1999 and previously served as managing director and COO. Karve continues to serve as a member of the board of MODEC Inc., a position he has held since 2004. Yamada has served as a director of the company since 1997 and has held the position of CEO since 2001.

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Founded in 1968, MODEC is a general contractor specializing in engineering, procurement, construction, and installation, as well as operation and maintenance of floating production systems. MODEC also provides SOFEC turret mooring systems, SOFEC spread mooring systems, and SOFEC import/export terminals (CALM buoys).

TETRA Technologies Inc.,

The Woodlands, Tex., has named Stuart M. Brightman president and CEO effective May 5, 2009. He replaces Geoffrey M. Hertel. Brightman, who joined TETRA in 2005, currently is executive vice-president and COO. Hertel will remain on TETRA’s board and as chairman of the board of Compressco.

TETRA is an oil and gas services company, including an integrated calcium chloride and brominated products manufacturing operation that supplies feedstocks to energy markets, as well as other markets.

T-3 Energy Services Inc.,

Houston, has appointed Steven W. Krablin president, CEO, and chairman. He replaces Gus D. Halas, who left the company to pursue other interests. Krablin rejoins T-3 Energy, where he served as a director from 2001 to 2004. From January 1996 until his retirement in April 2005, he was senior vice-president and CFO at National Oilwell Varco Inc. or its predecessors. Prior to 1996, Krablin served as senior vice-president and CFO of Enterra Corp. until its merger with Weatherford International Inc. He currently serves as a director of Penn Virginia Corp., Hornbeck Offshore Services Inc., and Chart Industries Inc.

T-3 Energy provides a broad range of oil field products and services primarily to customers in drilling and completion, workovers, and production and transportation of oil and gas.

Geoservices,

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Paris, has named Jean-Pierre Poyet executive vice-president and chief technology officer. He is also a member of the Geoservices executive committee. A graduate of Ecole Centrale, Poyet also has a PhD from Columbia University. He started his career as a researcher/astrophysicist in the University of Cambridge and later the French National Scientific Research Center. He joined Schlumberger in 1985, where he held various positions in engineering, research, operations, and marketing. He joined Geoservices in 2002.

Geoservices is an oil field service company offering mud logging, well intervention, and field surveillance.