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Stock impact report

Offshore Oil and Gas Services Specialist Deep Down, Inc. Adds Two Executives To Support Growth Strategies

DEEP DOWN INCORP (DPDW) 
Company Research Source: GlobeNewswire
HOUSTON, Jan. 23, 2020 (GLOBE NEWSWIRE) -- Deep Down, Inc. (OTCQB: DPDW), a specialist in subsea oil and gas production control equipment and services, announced today the appointment of veteran oil and gas industry executives Richard Blackett as Vice President of Sales and Business Development, and Trevor Ashurst as Vice President of Finance, both new roles at the Company. Mr. Blackett, 48, most recently served as Global Vice President for Offshore Production in his thirteen years at National Oilwell Varco (NOV) based in Houston, Texas. Mr. Blackett led NOV’s effort to secure offshore production projects targeting primarily Subsea Umbilicals, Risers and Flowlines (SURF) and topside production solutions. Additionally, he established strategic alliance agreements to expand NOV’s participation in conceptual studies, pre-FEED and FEED studies, mooring and subsea tieback systems. Prior to NOV, Mr. Blackett spent nine years with various oilfield service companies, where he held progres Show less Read more
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