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Axis appoints industry veteran Dranfield to head up board

Peter Dranfield
Peter Dranfield

Aberdeen-based Axis Well Technology says it has appointed an energy-industry veteran as chairman.

Peter Dranfield, who started his oil and gas career with BP in 1981, will head up the well and petroleum-engineering support consultant’s board.

Mr Dranfield, who spent more than 20 years with BG Group, latterly as vice-president of its operations in Kazakhstan, Egypt, Trinidad and Oman, joins Axis following private-equity house Elysian Capital’s acquisition of a majority stake in the company.

Managing director Jim Anderson said Mr Dranfield brought a wealth of experience to Axis, adding: “Peter’s considerable knowledge will add value and support for continued growth over the coming years.”

Axis also said it planned to take on two dozen people before the end of the year after opening an office in London.

The business said it wanted to have five people in the UK capital before next year to bring it closer to clients in south-east England. Axis has also added 2,500 square feet to its Granite City headquarters, and plans to recruit 19 people in Aberdeen in the coming months.

Mr Anderson sold a majority share in Axis, which employs 150 people, earlier this year but maintains a minority holding in the company he founded in 2001.

He said Elysian’s involvement was already paying off after Axis, which has annual turnover of £21million, won work worth £7million in recent months.

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