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Insider UK
Insider UK
Technology
Peter A Walker

Aberdeen subsea tech firm hires new chief executive

Subsea intervention technology company Interventek has appointed Alan Duncan as its chief executive.

This new role has been created to add strength and breadth to the leadership team, as the Aberdeen-based business expands its service offering to support international growth ambitions across multiple energy sectors.

Duncan joins from Edinburgh-based compressor manufacturer Vert Rotors, where he also held the position of chief executive.

Prior to this, he held a variety of senior executive, commercial and operational roles for industry players Zetechtics, Fugro, Aker Kvaerner, Hydril and ABB.

With more than 30 years’ commercial experience, Duncan has worked internationally on projects across Europe, the Americas, Australasia, Africa and the Middle East. As a global service line director at Fugro, he had responsibility for an eight-figure remotely operated vehicle and associated tooling business, with around 150 personnel.

Duncan will support broader commercialisation of the company’s well access valves and the development of new technology.

“I’m delighted to have joined this talented team and look forward to working with them to drive the next phase of Interventek’s growth, as we strengthen our leading position in the supply of well access valve technology, while developing complementary intervention capabilities,“ he commented.

“In the coming months we plan to intensify our international focus, building on the strong connections already fostered and ensuring that our products and services are readily available in key markets.

“We’ll also be more visible in the North Sea region, as we grasp new opportunities to support the expanding plugging and abandonment sector,“ Duncan continued, adding: “Interventek has an important role to play in the safe and responsible decommissioning of subsea infrastructure and, as part of the energy transition, to service emerging carbon capture and storage projects.

“We have a time of great opportunity ahead as we apply our design focus to traditional subsea intervention challenges, decommissioning and exciting new applications in emerging energy sectors.”

Interventek chair Stuart Ferguson added: “Alan is a well-respected figure in the subsea industry and brings a wealth of experience and connections to the role of CEO.

“He has impressed the board with his strategic clarity and focus and his active enthusiasm for new opportunities.

“His strong people-centric approach will serve us and our clients well as we build on the excellent achievements from the team to date and scale the business through its next strategic development phase.”

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