RE: Shareprice10 Jan 2024 09:12
Good morning BRV.
"I look forward to you sharing information on your own personal background and experience. (I expect this won’t be forthcoming.)"
I am surprised you would say the above because I like you have in fact given details of my oil industry career in the past.
I will however give you a brief summary.
1976-80 Onshore in Saudi working along side but not involved in testing services. My work was servicing the rig and providing electrical power to the testing and other services crews when needed.
1980-88 Involved in offshore rig construction and acceptance trials at Far East Levingston Singapore, then as a crew member in Saudi again working with all sections of well operation services but responsible for rig electrical operations.
1988-94 Took a break from the oilfield and bought the tenancy of a John Smiths pub which I developed into a very successful business(TO £250000 and when the ill fated beer order( government interfering in things they know nothing about) came about during this time I went to the North Sea to get together the money to buy the pub outright which in the end was not forthcoming so I sold the tenancy and stayed in the North Sea.
1994-96 Worked in production on the Douglas Project with BHP but did not like this side of the business so left and went back to drilling again.
1996-2006 Saudi then Qatar offshore as Barge Master responsible for Engineering, Logistics and marine operations.
2006- 20007 Construction of 5th generation offshore jackup rigs at the Dalian shipyards in China.
2007-2011 Barge Master on offshore rigs same company various rigs in China, Singapore(construction). Vietnam.
2011 Retired
Halfway through 2011 asked if I would, with my family return to carry out and supervise the 5 year topsides and underwater surveys on two of the rigs I had worked on. Responsible for contractual affairs and a budget of around
US$ 10,000,000. Based in Dubai, office in the free zone at the airport.
2014 retired at the age of 70 or good.
This is just a short rendition my time in the oil industry.
" having therefore been involved in Paul’s companies for the best part of a decade, why I’m confident in his management strategy. He’s admitted himself that he doesn’t get everything right (no one does) but, IMO, he has many attributes of an excellent manager including (but not limited to) being an ‘owner operator’, an independent thinker, candid and open with his shareholders."
I think the same attributes were aimed at Mr Potter of BPC at one time. I truly hope PG does not follow the same path.
Being associated with the lifestyle company CEG does not sit well with me that is why I urge caution.