Ihab Toma will join the company and its board as of 29 August, succeeding previous chief executive at the Houston-based rig owner Paul Bragg.

Toma has since 2014 been employed at global energy industry-focused private equity outfit First Reserve as a senior advisor.

He started his career, however, at Schlumberger in 1986, staying at the oilfield services behemoth until 2009, serving in a variety of roles, many of them related to information solutions.

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