Oil & Gas UK (Oil & Gas UK) appointed four new members to its board.
Cory L. Loegering, region vice president and managing director for Apache North Sea; Robin Allan, Premier Oil’s director, North Sea and Exploration; and Bill Dunnett, managing director of Repsol Sinopec Resources UK have joined the board as representatives of the operator community. Peter Wilson, vice president, operations, Rowan Companies, has been appointed to contribute to the representation of contractors and supply chain companies on the board.
With almost 40 years of oil and gas experience including exploration and production activities in the Gulf of Mexico, Loegering said: “Oil & Gas UK plays a prominent role in representing the oil and gas community in the UK. Our industry faces many difficult challenges in a low commodity price environment. With a focus on efficiency and collaboration across all aspects of our business, we hope to operate more efficiently while stimulating activity and reinvigorating the UK oil and gas sector.”
“The lower oil price has delivered a wake-up call to our industry, confirming our need to work collaboratively to ensure the UK maintains its position as a global center of excellence for the oil and gas industry. To continue exploration and development of our nation’s oil and gas, we need our Government to provide tangible incentives to help British companies,” Allan said. “The Oil & Gas UK board has a vital and pro-active role to play in both these aspects.”
“The industry has experienced unprecedented challenges recently and responded well. We need to share best practices and ensure we remain the world leader in HSE excellence, while continuing to improve overall effectiveness across all sectors. The case for long-term investment in our industry remains strong and the board will play a key part in promoting its significant potential,” Dunnett said.
Bringing extensive knowledge of well operations in the UK, US, Brazil and Europe to his role, Wilson said: “During these challenging times, it is essential that we work together to ensure the sustainability of the North Sea as a viable hydrocarbon producing basin. The board provides the ideal arena for us to collectively help steer the industry towards improved collaboration, stimulate increased well activity and build a brighter long-term future for the oil & gas business in the UK.”
Deirdre Michie, Oil & Gas UK’s chief executive, said: “Many challenges remain for this industry but our latest Economic Report demonstrates that the collective actions we have taken so far are having a positive impact on improving the performance of the sector. The guidance of Oil & Gas UK’s board is key to this process. As I warmly welcome the new members, I would also like to thank those colleagues who have left the board for their commitment and service to the industry whose contribution has helped us make progress in restoring competitiveness to the sector.”
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