Aberdeen-based subsea and well integrity management specialist Brinker said yesterday it had appointed Kevin Stewart as its new chief executive.
Mr Stewart has joined Aberdeen-based subsea and well integrity management specialist Brinker from oil service company Enventure, where he was latterly general manager responsible for operations in Europe, Russia, west Africa and Scandinavia. Before that, he was sales and marketing director at the firm.
Mr Stewart was previously interim chairman of consultancy INGEN and prior to that held senior business development and operations roles with Petro-Data, Phoenix Petroleum Services and Varco.
Brinker said Mr Stewart will manage the company’s continuing growth in the oil and gas sector and boost its presence in the water industry.
With 40 employees, the firm has doubled its workforce in the last year and is planning to treble staff numbers over the next two years to support its growth plans.
Glynn Williams, executive director of Brinker, said: “Brinker is undergoing a number of changes to support international growth across the oil and gas and water industries and the creation of a group chief executive post and the appointment of Kevin is integral to our restructuring. As a small business, albeit with huge ambition and potential, we have refocused our efforts where we can have the greatest impact and get the best returns. Mr Stewart brings with him a wealth of invaluable experience, particularly with regard to international and strategic development.
“His proven ability to identify business development and growth opportunities in the international marketplace, along with his extensive track record of managing and growing revenue streams, will be invaluable to effectively positioning Brinker.”
Brinker was previously led by managing director Francis Neill, who left the firm last summer to pursue other interests. At the end of 2007, Brinker announced it had received a £3million cash injection from specialist oil and gas private-equity fund Epi-V. The money, which bought Epi-V a 42% stake in Brinker, was to help to fund expansion of the business.
The Granite City company was spun out of Aberdeen University in 2002 to commercialise its Platelet technology, which can be used to seal costly and challenging pipeline leaks. The innovation is based on how the human body’s own healing mechanism seals small wounds. Brinker is currently working with Yorkshire Water to use the Platelet technology on its water supply network to fix leaking pipes without digging up roads. Brinker’s portfolio now includes leak-location tool Telepath and sealing solution Plasma.