Data Gumbo expanded its executive team with the addition of Robin Macmillan as chief corporate development officer, the Houston-based energy tech company said in an April 20 release.
Macmillan joins Data Gumbo with a 40+ year career in energy with the last 12 years as vice president and senior vice president for business development at National Oilwell Varco, a worldwide provider—now named NOV Inc.—of equipment and services to the upstream oil and gas industry.
“The sheer breadth of Macmillan’s experience will serve as an invaluable asset to Data Gumbo as we continue to exponentially grow and mature our company into new industrial markets and further solidify our leadership in energy,” Andrew Bruce, CEO and founder of Data Gumbo, said in a statement.
DataGumbo provides the oil and gas industry with a transactional network to automate contracts through GumboNet, an interconnected blockchain network. The company has subsidiary offices in Stavanger, Norway and London and announced plans late last year to open offices in Latin America and the Middle East.
“Macmillan has the experience to expand Data Gumbo’s commercial market penetration to aid companies in undertaking digital transformation with smart contracts to reveal streamlined efficiencies and cost savings, sustainability insights across supply chains and transactional certainty in any commercial relationship,” Bruce added in his statement.
Macmillan is the current vice president of drilling services at the International Association of Drilling Contractors (IADC) where he is also chair emeritus of the advanced rig technology committee. He is also vice-chair of the Society of Petroleum Engineers (SPE) drilling systems automation technical section. He has also worked in numerous countries including eight years in Latin America plus managed Schlumberger Drilling and Measurements in Canada and served as president at the drill bit company ReedHycalog.
In his new role at Data Gumbo, Macmillan will lead the company’s corporate development team, according to the company release.
“There is tremendous opportunity right now to change how business is executed,” Macmillan said in a statement commenting on his appointment. “Data Gumbo is poised to deliver trust through automated, auditable blockchain-backed smart contracts that execute transactions in real-time.”
“I am thrilled to be a part of the Data Gumbo executive team as the company is in a period of hyper growth into new industries,” he continued, “serving as a harbinger for significant digital transformation across commercial relationships and transparent, accurate sustainability impact data.”
2022-06-16 - Riverbend Energy Group had assembled the nonop acreage since 2016 through three funds; it retains assets in the Permian’s southern Midland Basin.
2022-06-24 - Oil producers including Murphy Oil are using cash from oil sales to clean their balance sheets and boost distributions to shareholders.
2022-05-25 - Shareholders earlier blocked proposals to accelerate carbon emission reductions at oil and gas producers TotalEnergies SE, BP Plc, Shell Plc, Occidental Petroleum Corp. and ConocoPhillips Co.
2022-07-05 - The largest refiner among the oil majors, Exxon Mobil will be a key beneficiary of a tight refined products market, analysts said.
2022-08-02 - Occidental Petroleum’s share price has more than doubled this year to $65.06 on Aug. 2, with the company benefiting from rising oil prices following Russia’s invasion of Ukraine.