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Corporate governance

Board Members

Tom M. Ehret

Chairman of the Board

Over a career spanning nearly four decades, Tom Ehret has held a variety of technical, commercial and managerial positions in leading offshore engineering and construction companies serving the global Oil and Gas industry in Europe and the USA. During this period he has been instrumental in several industry shaping moves including the merger of Stena Offshore and the US listed Coflexip, creating a worldwide leader in subsea technologies. This combined with the SPAR unique platform solution resulting from the acquisition of Aker Maritime Deepwater division. After the acquisition by Technip, he became Group Vice Chairman and President of the Offshore Branch. He was latterly the CEO of Acergy (now Subsea 7), a leading offshore contractor listed in the US and Norway.

Since he stepped back from his CEO role, Tom has developed a portfolio of non-executive directorships of both listed and private companies, such as SBM Offshore, Huisman Equipment BV and Comex. He is also an active investor in various private businesses. He was Executive Chairman of Sea Trucks Group since December 2016.

A French national, Mr Ehret has spent most of his adult life and career living in the UK and the USA.

Olivier Carré

Board member

Currently the Managing Director of Square Energy Engineering, a company offering consultancy services for the management of large projects in remote areas of Africa; Olivier is also an expert in arbitration and a technical expert for large insurance claims.

Over the last 30 years Olivier has been an engineer, project manager and senior manager for a variety of offshore Oil and Gas contracting companies – ETPM, Stolt Offshore, Acergy. His most recent position was SVP for Strategy and Technology at Subsea 7. For the last 15 years he has been involved in the management of a number of Oil & Gas projects, mainly in Africa and Mediterranee but also in Brazil, North Sea and the Gulf of Mexico. In early 2000, he was the Project director of Girassol, the first deepwater development in West Africa.

A French national, Olivier is a graduate of the Ecole Spéciale des Travaux Publics and the Centre des Hautes Etudes de la Construction.

Marwan Moufarrej

Board Member

Marwan joined the Board in March of 2020, bringing 35 years of international experience with Schlumberger.

He started his career as a Wireline field engineer, eventually running the Wireline segment for the Middle East region before moving to the US where he led the transformation of the Measurement-While-Drilling business and managed the Integrated Productivity and Conveyance Engineering and Technology Center in Texas.

Marwan served as Vice-President of WesternGeco Onshore Seismic Acquisition before being appointed worldwide President of Integrated Project Management in 2011. In 2013 he moved back to Dubai to serve as President of the Middle East Area. During this time, he managed the integration of the Asian business into Schlumberger’s Middle East operations.
He then became Senior Advisor for the Chairman and Chief Executive Officer of Schlumberger Limited, a position he held until he retired in June 2019.

Marwan has a degree in mechanical engineering from the American University of Beirut.

Neil Hartley

Board Member

Neil joined the Board in March of 2020 and is Chairman of the Audit Committee.

Neil held a variety of technical, operational and strategy management positions in leading companies serving the global Energy Industry before moving fifteen years ago into investment management.  He is a partner at Buckthorn Partners LLC, a private equity  fund specialised in investments in companies that provide products and services to the global energy industry.

He currently sits on the boards of Renewi plc, where he chairs the remuneration committee, and Enteq Technologies plc where he is chair of the audit and remuneration committees.  Previous directorships include ten years on the board of subsea vessel and services company DOF Subsea.  Neil has also been a non-executive director on the boards of Saxon Energy Services, M Group Services, Acteon Group and Trillium Flow Technologies.

Neil has a degree in Engineering, Economics and Management from the University of Oxford and an MBA from Harvard Business School.

Management Team

Headed By:

Fraser Moore 

Chief Executive Officer - Board Member

Fraser Moore is the CEO of Telford Offshore. He was previously COO at Sea Trucks Group, and was instrumental in creating the new company from the legacy of STG. He joined STG in 2007 and held VP Operations and MD positions in Dubai and Lagos.

Fraser has extensive international experience in the oil & gas sector, having held managing positions for Duco in the UK, CSO and Technip in the GOM and Australia. From 2005 to 2007 he worked for BP as Project Manager and Technical Authority for the Greater Plutonio Subsea production system in Angola.

Having attended Harvard Business School and graduated in civil engineering and marine technology from Strathclyde University in the UK, Fraser is British and is based in Dubai.

Comprised of:

Steve Assiter

Chief Finance Officer

Steve Assiter is the CFO of Telford Offshore. He was previously CFO at Sea Trucks Group for six years. He joined STG in 2007 and held VP Finance and CFO positions in Dubai and Lagos, working closely with the COO during this time.

Steve has over 40 years of experience in the oilfield services industry, starting off in Aberdeen as an accountant and controller for companies such as Star Offshore Services and Stena Offshore, where he finally became CFO. As a result of the merger between Coflexip and Stena Offshore, he moved to Paris to become Group Controller in the new company.

After leaving CSO, he became CFO in the Petrodrill JV Company, which was set up to manage the building of six DP semi-submersible drilling rigs in multiple shipyards round the world. On final completion and delivery of the rigs, he became CFO of the new formed operating company in Brazil.

He attended the Aberdeen College of Commerce and graduated in Accounting. He is British and based in Dubai.

Bo Hoffer

General Manager Operations and Projects

Bo Hoffer is the General Manager Operations & Projects. He was previously General Manager at Sea Trucks Group in the Netherlands. He joined in 2009 and held Engineering Manager and Project Manager positions in Dubai and the Netherlands.

Bo has worked internationally throughout his professional career with various positions within Subsea7 in Aberdeen and Singapore prior to joining Sea Trucks Group.

A Dutch national, Bo has master’s degree in Naval Architecture & Offshore Engineering from the Delft University of Technology, The Netherlands, and is based in Dubai.

Narelle Holmes

Group Human Resources Manager

Narelle possesses a wealth of human resource management experience worked both on a corporate and operational level within the Oil and Gas/marine sector,  with experience gained in Australia, The Netherlands and the UAE, and through her role as Corporate Human Resources Manager and a member of the Merger and Acquisition team for her previous employer, where she was responsible for the human resources review in respect to potential company acquisitions worldwide.

Initially commencing with Sea Trucks in Perth Western Australia  in 2007, Narelle was transferred to The Netherlands office in 2013 where she was responsible for The Netherlands, Perth and Angola Human resource activities.  More recently (2018), Narelle was transferred to the corporate office of the then new entity Telford Offshore where she is responsible for Human Resources for the Telford Group of companies.

Ben Isles

Commercial Manager

Ben Isles is the General Manager, Qatar responsible for all new business activities in the Middle East and also remains responsible for group tendering activities as Group Commercial Manager.

He previously joined Sea Trucks Group in 2008 where he was responsible for various commercial and project management activities before joining Telford Offshore in 2018, following company re-structuring. Shortly after the inception of Telford Offshore, Ben relocated back to the UAE and is responsible for the commercial activities of Telford, including securing work for the companies’ fleet of DP3 Construction Assets.

Ben has a Bachelor Business (Global Logistics and Maritime Management) from the Australia Maritime College in Australia. Ben is Australian and based in Dubai.

Derek Lowe

Group Company Secretary

Derek Lowe has over 25 years of experience in corporate finance.  From 1994 to 2010, he worked for the equity capital markets group of investment bank UBS in London and New York, helping clients to raise equity and convertible debt capital and to manage risk exposure.  Over 2011-2015, he worked in the debt capital markets group of Pareto Securities in Oslo and London.

In 2015, Derek joined STG to work on a range of corporate finance matters, including the establishment of and transition to Telford Offshore.  As Group Company Secretary, Derek is engaged in corporate governance areas including management of legal counsel on financing matters, investor relations, regulatory compliance in the group’s multiple jurisdictions, insurance coverage, corporate social responsibility & sustainability, and board secretarial.

Derek studied Mathematics with Statistics at Oxford University, is British and UK-based.

George Winter

Group QHSSE Manager

George Winter is the Group QHSSE Manager of Telford Offshore. He was previously the Group QHSSE Manager for Sea Trucks Group, who he joined in 2007 with his work scope covering QHSSE for the DP3 construction/flotel vessels and OSV fleet.

George has over 40 years practical experience in the marine/oil and gas industry, together with extensive industry training, which is invaluable for building commitment within  a diverse workforce made up of many cultures and work activities  across a broad range of geographic regions including the North Sea, Brazil, India, Persian Gulf, Malaysia, Mexico, Australia and West Africa.

George is a passionate advocate of leading by example. He believes that high HSEQ performance is only achieved through visible leadership. He is fully committed to providing that leadership at Telford Offshore.