TSMarine Appoints Roy Franklin As Company Chairman

Aberdeen based Subsea oil and gas service company, TSMarine (Contracting) Ltd has announced the appointment of Roy Franklin OBE as company chairman with immediate effect.

In less than four years, TSMarine has experienced astounding growth. In 2007 the company reported an estimated turnover of £55 million and already this is set to increase to £110 million in the next year.

The appointment of Roy Franklin as company Chairman is designed to help drive this growth, positioning TSMarine as a key player in the global market.

Recognised as a leading figure within the oil and gas industry, Mr Franklin is currently the non-executive chairman of AIM-listed companies Bateman Litwin N.V. and Novera Energy. He is also a non-executive director of StatoilHydro A/S, Santos Limited, the Australian-listed energy company, and Keller Group plc, the London-listed specialist ground engineering company.

With a broad range of management experience, Mr Franklin is most recognised for his success in previous executive posts, those of which include Paladin Resources plc, where he was chief executive from 1997 to 2005 and Clyde Petroleum plc, where he was group managing director from 1993 to 1997. Prior to this he was with BP for 18 years, latterly heading up BP Exploration's acquisitions and divestments group.

Mr Franklin was also chairman of BRINDEX, the Association of British Independent Oil Exploration Companies from 2001 to 2005 and a member of the joint British oil industry and government task force PILOT, from 2002 to 2005.

In 2004, he was awarded an OBE in recognition of his services to the British oil and gas industry.