People
Kevin Fearnley – Company Owner & Director of International Operations & Business Strategy
Kevin has been in the Oil and Gas Industry since 1980 (43 yrs) starting with Tuboscope working for 6 years around Europe and Africa, before being asked to move to Tuboscope North Sea Operations as Inspection Supervisor and eventually being promoted to Inspection Manager UK Operations. After 13 years in the Inspection Industry with Tuboscope Kevin had the opportunity to start his own QA/QC Consultancy Company in 1993, OCTG Consultancy Limited.
Kevin was part of a successful Shell Quality Improvement Project (QIP) Team in Reduction of Drillstring Failures (North Sea), of which he was a co-author of an SPE/IADC paper on the subject, he became a pioneer in bringing this type of Consultancy Business to the North Sea, "Reduction in Drillstring Failures". At the time this was focused on QA/QC of drilling and well completion equipment, inspection company training and drillstring failure investigations.
A significant achievement during his time on the Shell QIP was when the Drillstring Failure Prevention Team gained the Gold Award – “The Delft Plate” – in 1993 and in 1995. The Delft Plate is the highest award in Shell for Quality Improvement.
Having written many Inspection Standards for the Industry he was commissioned (by Shell) to do a major revision for Shell's North Sea Inspection Standard, eventually this became what we now know as NS-2.
David Bourlaouen- CFO - Chief Finance Officer
David graduated in Business Studies from Poitiers University
(France) in 1991, then joined the Erasmus programme at Reading University (UK). He started his international career when he incorported the Danish Maersk group, with a first assignment as Finance Manager for Maersk Japan in Tokyo from 2022
In 2005 he moved to different business unit within the Maersk group: Maersk Contractor (as Maersk Drilling was then known), firstly as Finance Manager in Tampico, Mexico. In a year he streamlined reporting, reset the accounts and contributed to a more robust and transparent relation with the rig owners Sinopec from China.
The following year, he moved to Maersk Drilling's Head Quarters in Denmark, as Finance Manager (for the same rig previously operating in mexico and for the management of a JV of a FPSO operating in Congo) and as Business Controller, for MD Australia, MD Trinidad and MD UK.
In 2009 he become Chief Financial Officer of one of the large MD entities, in Venezuela (revenues: USD 100M). There, he was in charge of a team of 15 professionals and faced a challenging role, externally and internally: externally, the economic and legal development spiralled down, marked with several devaluations, currency exchanges restrictions, shortages, general insecurity, etc. and a complex payment pattern from our single client causing chronic cash flow issues. Internally, his first objective was to turn around the team's organisation and morale, to make it the 1st in its league within a year (in tearms of reporting quality and timeliness), in order to have the local finance function's credibility restored. Based upon those early achievements, the Finance function could become a Business Partner, increasingly involved in setting procedures, being active in control and a staunch support for the local CEO and the Head Quarters in Denmark. Lastly he was largely involved in the entity's divestment (due diligence, keeping of morale and procedures until the last day).
He then opened a new chapter of his career by moving to Mexico, where he joined SAAM SMIT Towage (SST) in tugging services, a JV made of SAAM of Chile and SMIT Boskalis of the Netherlands, as Chief Financial Officer, in 2016. He oversaw the financial activities of 3 entities: SST Mexico, SST Canada and SST Panama. His first objective and achievement was to improve and restore the quality and relevancy of an aligned reporting, to facilitate a common understanding of the business activities between both JV partners. He implemented a consolidated system, capturing the data from the 3 entities, then to transform them adequately to the JV partners’ own reporting systems. In general and always as an active Business Partner, he worked on aligning practices within the finance function, to serve the business. He was charged by the Board to restructure SST Mexico, by reducing the workforce, relocating its main office and setting up a centralized and more transparent purchase department for more savings. He was an active player in the transformation of the SST Panama organisation, following the LEAN principles.
He returned to Europe where he joined Fearnley Group in 2021, and became its Chief Financial Officer, and is now based in Gibraltar.