Petro-Canada Names New General Manager for Norway


As Petro-Canada’s International and Offshore business continues to grow, the Company maintains its focus on developing employees to respond to business challenges. Petro-Canada has recently announced the following change in its North Sea organization.

Ron Davie has been appointed General Manager Norway, transferring to Stavanger in early September. In his new role, Davie will oversee all aspects of Petro-Canada's Norwegian business, driving it forward to make it a profitable and material future business for the Company. Petro-Canada is currently preparing for its first operated well in Norway in 2009.

Davie has for the past five years been Petro-Canada's first Commercial Manager for the Company's North Sea operations. During his time in the role, he helped shape Petro-Canada's activity in this region into a profitable and growing business. The Company's production has approximately doubled since Davie joined.

Prior to joining Petro-Canada, Davie worked in a number of corporate and operational roles in Mobil and Enterprise Oil, ultimately as Deputy General Manager -- U.K. He is a business graduate and qualified accountant by profession.

"Nimble, mid-cap companies like Petro-Canada are the future of the North Sea," said John Scrimgeour, Petro-Canada's North Sea Regional Manager. "This appointment will allow us to effectively tackle the challenges of delivering growth in the North Sea."

The International and Offshore business comprises assets in the U.K., Norway, The Netherlands, East Coast Canada, Trinidad & Tobago, Syria and Libya. The International & Offshore business strategy is for profitable, high-margin production and concentric growth; long-term growth; and balanced exploration. Current International and Offshore production is approximately 249,000 barrels of oil equivalent per day.