Drilling and engineering contractor KCA Deutag has appointed Joseph Elkhoury as its new chief executive officer with effect from July 1, taking over from Norrie McKay who has confirmed his intention to retire later this year.
McKay will remain with the group in an advisory capacity until end of the year to ensure a smooth transition.
Elkhoury is a veteran in the oilfield service industry, having spent 21 years with Schlumberger, and his most recent role was operating partner at Apollo Global Management, focusing on investment opportunities in the energy technology sector.
“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,” said KCA Deutag chairman Bob Ellis.