UK Company Nobel Oil Services Announces New Top-Management Appointments

Nobel Oil Services UK Ltd, a London-registered company is pleased to announce the appointment of Jorgen Peter Rasmussen as Chairman of its Board of Directors and Ali Batu as its Chief Executive Officer with immediate effect.

​​Nobel Oil Services UK Ltd, a London-registered company providing offshore drilling, construction, procurement and oilfield services in Azerbaijan and the Caspian region, is pleased to announce the appointment of Jorgen Peter Rasmussen as Chairman of its Board of Directors and Ali Batu as its Chief Executive Officer with immediate effect.

Mr. Rasmussen brings over 30 years international experience in the oilfield services sector beginning at Schlumberger where he held positions including VICE President for Russia, Eastern Europe and the FSU, Managing Director for Oilfield Geomarket – North Sea CEO Schlumberger Smart Cards, and Senior Vice President for New Ventures and Integrated Oil and Gas Project Management Services.

"Nobel is on a mission to become the leading National oilfield services company in Azerbaijan, the Caspian region and beyond. The company will achieve this objective by developing its people and delivering services to the highest international standards. The opportunities in this region are tremendous and Mr. Batu and I look forward to working with the Board, our clients and our associates to deliver on that promise."

Jorgen, Rasmussen

After Schlumberger Mr. Rasmussen was Executive Chairman, CEO and President of Seawell, Ltd, a platform drilling company that was later merged with Allis Chalmers to form Archer Drilling, Ltd where he was CEO until 2012.

Mr Rasmussen is currently Chairman of Qinterra AS, a global well service and well intervention technology company, where he recently handed over CEO responsibilities. He also serves as Chairman and board member to a number of other international oilfield services companies. Mr.Rasmussen holds a Masters degree in Geology and Applied Geophysics.

Mr. Batu is a 34-year Schlumberger veteran, and has held a variety of management roles in Latin America, Africa, Eastern Europe, Russia and the Caspian region including Azerbaijan. He has served as country manager for Turkey and Ukraine and has special expertise in deepwater operations, project integration, recruiting and development and company strategy.

He has managed projects for clients such as ExxonMobil, BP, Petrobras, Chevron, Sonogol, Lukoil and Socar amongst others. Mr. Batu holds Bachelors and Masters degrees in Mechanical Engineering and speaks English, Turkish, Russian, Portuguese and Spanish. He will be based full-time in Nobel’s Baku office.

Commenting on the announcement, Jorgen Rasmussen, newly appointed Chairman of the Board, said, “Nobel is on a mission to become the leading National oilfield services company in Azerbaijan, the Caspian region and beyond. The company will achieve this objective by developing its people and delivering services to the highest international standards. The opportunities in this region are tremendous and Mr. Batu and I look forward to working with the Board, our clients and our associates to deliver on that promise.”

Note to Editors:

Nobel Oil Services UK Ltd is a group of energy related companies specialised in providing of engineering, drilling and project management, maintenance, procurement and enhanced oil recovery services. The owner of Nobel Oil Services UK Ltd., Nasib Hasanov is an entrepreneur and a philanthropist from Azerbaijan. He founded Nobel Oil in 2005 and it grew into grew further into a progressive, diversified, value-generating service group in the oil, gas and energy sectors, which comprises Absheron Drilling Company, Glensol, Prokon, Llamrei, Nobel Oil Downstream Romania.

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About Nobel Oil Services: We operate in the upstream and downstream segments of the energy industry. In the upstream sector, our diverse business entities provide drilling, engineering and project management, as well as maintenance, procurement and