Reservoir Group Appoints Chairman
Tuesday, 09 March 2010
Global leading oilfield services company Reservoir Group today announces the appointment of Christopher Gaut as chairman of its Board of Directors. Reservoir Group, which is based in Aberdeen and Dubai, specialises in downhole drilling tools, completions and production sectors.
Mr Gaut is managing director of SCF Partners which is the majority shareholder of Reservoir Group. Prior to joining SCF in 2009, he was president of drilling and evaluation at Halliburton, one of the world’s largest energy service companies. Mr Gaut also served as Halliburton’s executive vice president and chief financial officer from 2003 to 2007.
Pascal Bartette, CEO of Reservoir Group, said: “We are pleased to welcome Mr Gaut onto our Board. He brings extensive management and drilling experience and in his role as chairman, he will help Reservoir Group grow towards its objective of becoming a superior downhole service and product provider to the international oil and gas industry.”
Mr Gaut said: “Reservoir Group has successfully positioned itself as a global leader in its field through a carefully planned strategy. I look forward to being involved in further developing this strategy for the Group’s future prosperity.”
Pioneering technologies being developed across Reservoir Group have seen it rapidly emerge as a global leader in providing integrated solutions for the oil and gas industry’s downhole drilling, completion and production sectors.
The Group has successfully grown through acquiring niche, independent market-leading companies including Corpro, Kirk Petrophysics, Storecore, Dowdco, Extreme, InfoAsset and Omega Data Services.
Reservoir Group was recently ranked Number 8 in the Sunday Times 100 Deloitte buyout track, jumping from 44th position in last year’s league table. The Group was one of just six companies which triumphed on the league table of Britain’s fastest-growing private equity backed stars. Reservoir Group bought five businesses in Australia, America and the UK in 2008, effectively doubling the size of the Group.
Reservoir Group is a leading provider of well bore coring services and related technologies. The Group also provides information management services, drilling tools and well bore measurement products to the oil and gas industry.
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Tuesday, 09 March 2010
Global leading oilfield services company Reservoir Group today announces the appointment of Christopher Gaut as chairman of its Board of Directors. Reservoir Group, which is based in Aberdeen and Dubai, specialises in downhole drilling tools, completions and production sectors. Mr Gaut is...Read more...Monday, 08 February 2010
Global leading oilfield services company Reservoir Group has been ranked in the top 10 of the Sunday Times 100 buyout track. The Group, which specialises in the downhole drilling, completion and production sectors, has leapt to number 8 from its ranking...Read more...Monday, 25 January 2010
Reservoir Group (RG) is pleased to announce the appointment of Malcolm Greener as Managing Director of its XDT division. XDT is the recently launched downhole drilling tools & services division of Reservoir Group which is focused on the globalisation of XDT’s range...Read more...Wednesday, 06 May 2009
Rapidly-emerging downhole drilling products and services group, Reservoir Group, is bringing its coring capability to the Gulf of Mexico and is using OTC as the opportunity to announce the launch of its coring service activities. To view more information, click here (http://www.rigzone.com/news/article.asp?a_id=75833).Thursday, 23 April 2009
Reservoir Group Stars In UK Profitability League The annual Sunday Times PricewaterhouseCoopers Profit Track 100 was published for the 10th year on April 19th 2009. This prestigious league table features the UK’s private companies with the fastest-growing profits measured over the last...Read more...Thursday, 16 April 2009
Reinforced Finance and M&A Team to lead Reservoir Group’s continued Expansion Reservoir Group is on track to secure its intention of becoming a global market leader in integrated downhole products and services after technology driven sales doubled revenue to $90 million in...Read more...Monday, 10 November 2008
Reservoir Group has acquired a second London-based company in its fifth deal in six months. This latest acquisition will lead to the creation of a new data management division within the group. This deal to acquire InfoAsset underlines the group’s intention of...Read more...Tuesday, 02 September 2008
Reservoir Group, a newly formed UK business, has just completed its first acquisition which sets the group on its way to becoming a global market leader in integrated downhole drilling products and services to the oil and gas industry. The Aberdeenshire-headquartered group...Read more...Tuesday, 02 September 2008
Reservoir Group has just completed its fifth acquisition. The group, which aims to become a global market leader in integrated downhole drilling products and services to the oil and gas industry, has snapped up an Australian business which designs and manufactures...Read more...Thursday, 26 June 2008
Reservoir Group, a newly formed UK business, head-quartered in Aberdeenshire, is set to become a global market leader in integrated downhole drilling products and services with projected turnover of £250 million in five years. The group, backed by Houston private equity firm...Read more...Monday, 19 May 2008
Completion of its fourth deal in less than a year is ensuring that Reservoir Group is on track to achieve its global ambitions. The group, which aims to become a global leader in integrated downhole drilling products and services to the oil...Read more...Wednesday, 16 April 2008
Fast-rising UK business, Reservoir Group, has completed its third deal since forming from a management buy-out of an Aberdeenshire-based company last May. The group, which aims to become a global leader in integrated downhole drilling products and services to the oil and...Read more...
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