The board of KCA Deutag has appointed Joseph Elkhoury as its new CEO effective July 1, 2019.
Elkhoury takes over from Norrie McKay who has confirmed his intention to retire later this year. Norrie will remain with the group in an advisory capacity until December 31 2019, working closely with Joseph to ensure a smooth transition.
Joseph brings with him 26 years of experience in a wide variety of operational and leadership roles in the oilfield services industry. Most notably he spent 21 years with Schlumberger Ltd. and during his time there he held a number of senior positions and had responsibility for several of Schlumberger's businesses including microseismic services, production services, information solutions and global supply chain.
Most recently Elkhoury was an operating partner, focusing on investment opportunities in the energy technology sector, at Apollo Global Management LLC, one of the world's largest alternative investment managers. He is also currently chairman of the board of Express Energy Services, one of its portfolio companies.
Originally from Lebanon, Elkhoury has a degree in electrical engineering from the American University of Beirut.
“We are extremely pleased that Joseph is joining KCA Deutag. He brings with him an impressive range of international experience and a deep understanding of the dynamics of our market which we believe is essential as we take KCA Deutag into the next phase of its development,” Bob Ellis, KCA Deutag chairman, said.
Recommended Reading
E&P Highlights: Aug. 26, 2024
2024-08-26 - Here’s a roundup of the latest E&P headlines, with Ovintiv considering selling its Uinta assets and drilling operations beginning at the Anchois project offshore Morocco.
E&P Highlights: Sep. 2, 2024
2024-09-03 - Here's a roundup of the latest E&P headlines, with Valeura increasing production at their Nong Yao C development and Oceaneering securing several contracts in the U.K. North Sea.
Breakthroughs in the Energy Industry’s Contact Sport, Geophysics
2024-09-05 - At the 2024 IMAGE Conference, Shell’s Bill Langin showcased how industry advances in seismic technology has unlocked key areas in the Gulf of Mexico.
E&P Highlights: Sept. 16, 2024
2024-09-16 - Here’s a roundup of the latest E&P headlines, with an update on Hurricane Francine and a major contract between Saipem and QatarEnergy.
Seadrill to Adopt Oil States’ Offshore MPD Technology
2024-09-17 - As part of their collaboration, Seadrill will be adopting Oil States International’s managed pressure drilling integrated riser joints in its offshore drilling operations.