Well-Safe Solutions’ CEO Phil Milton joins OEUK Board

By 15/04/2024

International energy transition and well decommissioning specialists Well-Safe Solutions have announced the nomination of Chief Executive Officer Phil Milton to the Board of trade body Offshore Energies UK (OEUK).

With over three decades of experience in the international energy sector and extensive technical knowledge in all aspects of the well lifecycle, Phil joins the Board as a Non-Executive Director for a minimum of two years.

In this role, Phil will work alongside OEUK to provide perspective on the experiences, opportunities and challenges facing the global well decommissioning sector and its role on the journey to net zero.

Speaking on his appointment, Phil said: “I am honoured to be able to support OEUK during what is a pivotal time for the energy sector within the UK.

“I look forward to working closely with OEUK, its members and the wider board, to assist in showcasing the vital role that the UK’s energy supply chain has to play in delivering a just and sustainable energy transition while we strive toward the goal of net zero carbon emissions.”

Steve Bowyer, General Manager, North Sea at EnQuest and Steve Nicol, Executive President of Operations at Wood have also been appointed with immediate effect to the Board of OEUK.

They will help OEUK continue to set the strategic agenda for the UK’s offshore energy industry and its stakeholders.

David Whitehouse, CEO of Offshore Energies UK, commented: “We’re delighted to welcome Steve Bowyer, Phil Milton and Steve Nicol to our Board. They bring experience and skills that will benefit our members and our industry as we build a low carbon future across the UK to safeguard jobs, deliver energy security and unlock economic growth.

“Each of our new Board members brings the kind of practical business and engineering know-how we need to build a globally competitive investment environment and offshore energy future. I look forward to working with them as we continue to champion our sector and show how it can create long-term economic growth across the UK.”

Under Phil’s leadership, Well-Safe Solutions has grown from a company of six employees at inception in 2017 to an international, multi-discipline business with over 430 staff today. It has acquired and converted three offshore drilling rigs into specialist well decommissioning assets, expanded internationally into the Asia-Pacific market, and increased revenue generation with year-on-year growth.

Phil’s appointment comes in a general election year in which OEUK is championing a homegrown transition built on the UK’s offshore energy heritage. If the nation can create a globally competitive investment environment, this future offers huge opportunities for the UK’s firms, their supply chains and skilled people.

Read and download the OEUK 2024 Industry Manifesto free of charge at oeuk.org.uk/manifesto.

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