Laloe Joins Geoquip Marine

Business & Finance

Geotechnical engineering and offshore drilling company Geoquip Marine has recently appointed Jean-Luc Laloë to its board of directors.

Geoquip Saentis recently joined the company's fleet

Laloë, who has almost 40 years of experience in the offshore oil and gas industry, has joined as an independent non-executive director.

In the course of his career, Laloë has worked with Technip, Stolt Offshore, and Acergy /Subsea 7. He has held a wide variety of positions with a broad portfolio of responsibilities, including CFO and CEO.

Laloë will work with Arvid Trolle, who joined in the Autumn, Chief Executive Officer Stewart Higginson and Executive Chairman of the Board Andrew Wright. Further independent non-Executive Director appointments are expected in the near future as the company’s growth continues to develop.

The appointments follow a major investment in the company by Njord Partners, following two consecutive record-breaking years for Geoquip in 2017 and 2018, in which the company delivered in excess of a 100 per cent increase in profits year on year.