Former chair and chief executive of Shell UK Sir Bob Reid is to take up a new role as non-executive director of Belltree, a specialist oil and gas consultancy based in Edinburgh.
Sir Bob will advise and support Belltree with its continued growth into international markets.
During his 36-year tenure at Shell, Sir Bob spent much of his time overseas including posts in Brunei, Nigeria, Borneo, Thailand, Eastern Europe and Australia. Sir Bob is also a former chair of the British Railways Board, Sears, London Electricity, ICE Futures Europe and its associated Clearing House, ICE Clear Europe.
Edinburgh-based Belltree has a track record of more than 10 years supplying high-end reservoir engineering, geoscience and petroleum management consultancy services to clients worldwide. The company’s portfolio of clients includes world-leading petroleum regulators, oil and gas investment funds and E&P operators of all sizes from super majors to start-ups.
Last month, Belltree completed a contract for the Oil & Gas Authority (OGA) as part of its Asset Stewardship Strategy. The company was appointed to develop recovery factor benchmarks for more than 400 oil and gas fields on the UK Continental Shelf (UKCS).
In addition, Belltree’s proprietary oil and gas benchmarking software, bMark, has been adopted by the OGA.
bMark allows users to compare their asset portfolio to analogue data from more than 30,000 oil and gas assets worldwide, translating this data into powerful, real-time intelligence available in a single management desktop platform.
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