Cal Dive CFO Takes on New Role in Singapore
Cal Dive announced that G. Kregg Lunsford, who has served as Executive Vice President, Chief Financial Officer and Treasurer of the Company since January 2006, has been named the Executive Vice President -- Eastern Hemisphere, based in Singapore. This move highlights the Company's commitment to its international growth strategy in regions including the Middle East, Mediterranean, Southeast Asia, India, China and Australia.
Mr. Lunsford joined the Company in February 2003 and has been instrumental in the acquisition growth and associated integration of Cal Dive’s business over the past four years. He has also built a strong financial department and led the implementation of excellent financial controls and risk management systems. Mr. Lunsford will retain his current role and responsibilities for an interim period while a search by the Company for a new Chief Financial Officer is underway.
The Company also announced that Jon Minshall, currently serving as Director of Quality, will serve as Vice President of Projects and Operations -- Eastern Hemisphere, based in Singapore. Mr. Minshall joined the Company in 2002 and has over 20 years of project management and operational experience working extensively internationally.
Quinn Hébert, President and Chief Executive Officer of Cal Dive, stated, "Kregg has done an outstanding job as CFO for the Company and now the time has come to move him into an executive operating role where we can capitalize on his experience and leadership in regions we have targeted for strategic growth. We want to put our most capable leaders in positions to have the most significant impact on the Company and these executive moves accomplish this objective. We look forward to continued success in the Eastern Hemisphere with this leadership team."
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- Japan Failing to Meet Corporate Demand for Clean Power: Amazon
- Macquarie Strategists Expect Brent Oil Price to Grind Higher
- UK Oil Regulator Publishes New Emissions Reduction Plan
- PetroChina Posts Higher Annual Profit on Higher Production
- McDermott Settles Reficar Dispute
- US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea
- Pennsylvania County Joins List of Local Govts Suing Big Oil over Climate
- Russian Navy Enters Warship-Crowded Red Sea Amid Houthi Attacks
- USA Commercial Crude Oil Inventories Increase
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call
- India Halts Russia Oil Supplies From Sanctioned Tanker Giant
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Centcom, Dryad Outline Recent Moves Around Red Sea Region
- PetroChina Set to Receive Venezuelan Oil
- Czech Conglomerate to Buy Major Stake in Gasnet for $917MM
- US DOE Offers $44MM in Funding to Boost Clean Power Distribution
- Oil Settles Lower as Stronger Dollar Offsets Tighter Market
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea