TCO appoints managing director

Leading provider of well completion technologies to the global oil and gas industry, TCO, has appointed a managing director for its UK division.

With over 35 years’ experience within the energy sector, Paul Betteridge has been appointed in response to company growth, providing strategic vision and focus on the expansion of the TCO’s global presence.

Prior to joining TCO, Mr Betteridge worked for AGR, initially appointed as a business development manager in 2008. During this time, he identified key opportunities for the business, including in Israel and was therefore promoted to asset and general manager of newly established AGR Energy Israel. In order to launch the business, he worked with the Israeli government and local authorities to obtain the required approvals for offshore activity and helped AGR to achieve seven offshore licenses and drill one deep-water exploration well.

Latterly, he was promoted to vice president of AGR seabed intervention. Reviewing the business, Mr Betteridge implemented changes which stabilised the division and resulted in the division being acquired by Marin Subsea in late 2013.

Mr Betteridge has held numerous roles for Drilâ€Quip, Aker Kvaerner Subsea and Vetco Gray. For each of these roles, he has spent time overseas in the Middle East, Norway and South East Asia.

Commenting on his appointment, Mr Betteridge says: “I am delighted to have been appointed to lead the TCO UK office as we focus on developing our global presence. In recognition of our sound products and excellent services, the company has achieved rapid growth in recent years and I believe my experience means I am well placed to spearhead our fantastic team to the next stage of our expansion.”

TCO serves the upstream oil and natural gas industry throughout the reservoir life cycle and specialises in the design, manufacture and installation of completion barrier plugs (laminated glass barrier plugs), chemical injection systems, topside chemical injection systems, multi-cycle valves and Annulus Pressure Relief Systems, as well as the provision of tubing-conveyed perforating (TCP) equipment and services.

The company currently employs 130 people across its bases in Aberdeen, Norway, North and South America, Australia, Russia, Africa and the Middle East. This number is expected to grow in the coming months as the company achieves its plans for global growth.

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