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Marine Subsea UK Ltd.<br />
Marine Subsea formally acquired 60% of Marine Subsea UK<br />
Ltd (previously TS Marine Ltd) in August 2009. The remaining<br />
40% are held by management with an agreement that Marine<br />
Subsea will acquire these shares over a 3 year period from<br />
2012 to 2014. The Marine Subsea UK management team<br />
and organisation brings extensive commercial, technical and<br />
operational experience to the group. Their main business<br />
segments are; Subsea Installation, Subsea Well Intervention and<br />
Subsea Decommissioning sectors. The company has efficient<br />
management systems including a recognized HSEQ in place.<br />
The organisation is currently very active in the marketing and<br />
the operation of Sarah as well as continuing to provide subsea<br />
services in the North Sea by chartering third party vessels and<br />
equipment. In addition MSUK is managing the engineering and<br />
manufacturing of a subsea lubricator system to be installed on<br />
Sarah late summer 2010.<br />
Alasdair Cowie (42) Managing Director<br />
Alasdair Cowie has over 20 years<br />
international experience in the subsea<br />
sector including senior management<br />
experience for various contracting entities.<br />
Former CEO of TSMarine<br />
Merv New (45) Operations Director<br />
Merv New has over 20 years international<br />
experience in the global subsea & telecoms<br />
sector including senior projects and asset<br />
management roles with various contracting<br />
entities<br />
Keith McGregor (55)<br />
Business Development & Sales Director<br />
Keith McGregor has been involved in the subsea<br />
sector since 1977, having fulfilled senior<br />
operational, commercial, business & strategic<br />
development and general management positions<br />
with a number of privately and publicly<br />
owned, international contractors.<br />
Subsea Well Intervention<br />
Subsea Installation<br />
Subsea Decommissioning<br />
Marine Subsea Nigeria Ltd.<br />
There are numerous market alternatives within Marine Subsea’s<br />
business segments in Nigeria and Marine Subsea is therefore in<br />
the process of establishing an office in Lagos, Nigeria. The office<br />
will be headed by Benoit David, who is already on the payroll.<br />
Benoit David (37) Business Development<br />
& Sales Director<br />
International Master Business School Degree<br />
in Lyon France specialized with Asia-Africa.<br />
Four years in West Africa in Import-Export<br />
negotiations between 1993 and 1997. Over<br />
12 years in Worldwide Integrated Logistics<br />
Groups as Route Development Manager<br />
Asia-Pacific and Business Development<br />
Manager USA-Europe. Business Development<br />
and General Manager for Trico Marine<br />
Group-DeepOcean in Nigeria from 2006 to<br />
Jan 2010 to manage long term charters of<br />
12 supply vessels and light intervention-IMR<br />
Subsea projects to Major Oil companies<br />
down the West African Coast.<br />
10 Marine Subsea <strong>Annual</strong> <strong>Report</strong> 2009