Walter Thain

Group CEO

Walter has recently been appointed as Group CEO and is responsible for supporting the strategic growth of recently acquired Step Change Engineering, adding further acquisitions and leading the development of our overall life cycle support services capability in the North Sea.

Walter has 28 years oil and gas industry experience and was previously Managing Director of Petrofac in the UK, having spent 17 years in the organisation holding a variety of positions from Strategic Development Director to Senior Vice President both in the UK and Middle East.

As a key member of the Petrofac team, Walter was instrumental in establishing the successful outsourced duty holder model in the North Sea, then the internationalisation of the business, and more recently establishing the service operator concept. Prior to this, he held senior engineering and leadership positions with McDermott Engineering, delivering both brownfield and greenfield engineering projects.

Walter also served as a director on the O&G UK board, as well as Chairman of the O&G UK efficiency task force.

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