News, Oil & Gas

Reef Subsea restructures business as part of growth plans headed by new CEO

Reef Subsea today announced that it will undergo a strategic group-wide restructure to position the company for further growth and future success.

Duncan MacPherson, who previously held the role of Managing Director of Reef Subsea Norway, has been promoted as the CEO of Reef Subsea with the responsibility of implementing the new strategy.

 

Reef Subsea offers a powerful combination of integrated subsea services to the Oil & Gas and Offshore Renewables markets. Over the past six months, Reef Subsea has successfully launched a project based operation in West Africa, with two vessels now operating in the region. Meanwhile, the business has secured a major contract for the full seismic installation of the Grane field offshore Norway and continues to execute the inter-array power cable installation on the Gwynt y Môr Offshore Wind Farm.