Page 74: of Offshore Engineer Magazine (Mar/Apr 2013)

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People

On the Move

Audrey Leon technology; in particular gap between companies and also help them how to turn technology and private equity ? rms. further develop their into a business, and “Probably 10-20% of business plan,” he says.

his wanting to help the time private equity Peebler would like others by sharing what companies can easily to help technology and he has learned through identify the winners services companies experience. when they walk in the operating in the upstream “I’ve always enjoyed door with a business oil and gas business ? nd that,” he says. “Whether plan, and 50% of the time the right growth plan.

Life after ION

Following his departure you’re a small company they aren’t interested,” In turn, Peebler wants from ION Geophysical, in the growth stage or a Peebler says. “Then there to help private equity former president, CEO big company trying to is that 30% that peak the ? rms secure the right and executive chairman, reinvent yourself, there ? rm’s interest, but they investment, serving as a

Bob Peebler launched ? rst needs to be a strategy don’t have time to make translator between the his own consultancy ? rm, behind it, but even more complete sense of the two entities so that both

The Peebler Group, in important, how do you company’s business plan. get what they need from a

January. After 40 years turn a strategy into being “This is where we can potential partnership.

in the industry, Peebler implemented successfully help by doing more due Peebler expects the says the idea to start by a company?” diligence on the prospect consultancy to be fully up the new company came Peebler says he also company; including their and running within the from his fascination with hopes to help bridge the technology and markets, next few months.

offshore market. What locally as the premier Acteon company, named

Martyn Conroy attracted him to working provider of through-life its new with UTEC, he says, is survey and inspection business development the company’s ability to services. This will require manager covering the provide support for it. slightly different skill sets Europe, Middle East and “[Australia] is and supports a different Africa regions. Conroy dominated by a series of client base; UTEC is again previously worked for major subsea construction well placed to support Ashtead Technology, projects, viewed as some that particular market,” FirstSubsea and

Subsea support

Houston-based offshore of the largest currently Hird says. Hydratight.

survey company UTEC undertaken in the world,” Conroy has been appointed he says. “Coupled to traversing the globe

Simon Hird general manager of its this as a by-product of spreading the word about

Australian arm UTEC major construction is a Aquatic’s offerings, which

Survey Australia last rapidly increasing subsea includes working with the month. Hird, an industry infrastructure offshore customer to con? gure and veteran, with 30 years Australia, all of which has tailor Aquatic equipment, experience in the oil to be safely operated and such as tensioners and and gas sectors, has been maintained for years to powered reel drive stationed in Australia come. systems, to ? t their

Spreading since 2008. “This provides UTEC speci? c project need.

the word Hird is a believer in the with its next challenge – Aquatic Engineering “It’s a company that’s strength of the Australian to position the company & Construction, an growing with the demand

OE | March 2013 76 oedigital.com oe_people_rev3.indd 76 27/02/2013 12:15