NOIA Elects Chairman John T. Rynd and Vice Chair Cindy B. Taylor

For Immediate Release: Thursday, April 10, 2014

Contact:  Nicolette Nye, (202) 465-8463 or (703) 732-0801, nicolette@nullnoia.org

NOIA Elects Chairman John T. Rynd and Vice Chair Cindy B. Taylor

john ryndgray

Washington, D.C. – The National Ocean Industries Association (NOIA) Board of Directors has elected John T. Rynd as Chairman of NOIA and Cindy B. Taylor as Vice Chair of NOIA for the upcoming 2014-2015 term. Rynd and Taylor assumed their positions at the NOIA Annual Meeting today in Washington, DC.

Since 2008, Rynd has been the Chief Executive Officer and President, Hercules Offshore, Inc., a publicly traded global provider of offshore contract drilling and liftboat services headquartered in Houston, Texas. He also serves on the company’s board of directors, and served as NOIA Vice Chairman for the 2013 -2014 term.

“I am grateful for the opportunity to serve as Chairman of NOIA. This is a critical time for the offshore energy industry, as we move to expand our access to undeveloped offshore acreage,” said Rynd.  “I look forward to working alongside our member companies, NOIA leadership, and regulators to advance the mission of NOIA to promote the safe development of offshore energy for the continued growth and security of the United States.”

cindy_taylorTaylor has been President and CEO of Oil States International, Inc., since 2007.  She also serves on the company’s board of directors.  Oil States International is a publicly traded diversified oilfield services company, also based in Houston.

“I consider it a great honor and privilege to assume an expanded leadership role with NOIA.  I look forward to working with the organization and its member companies as we move into the first phases of developing the next 5-year offshore leasing plan with the Department of the Interior,” said Taylor.

NOIA President Randall Luthi said, “NOIA is focused every single day on expanding access to the energy resources of the nation’s Outer Continental Shelf. This is vitally important work with the potential to create more well-paying jobs, generate critical revenue for the government, and improve our domestic energy supply. With the stakes so high, I can think of no better leadership team for NOIA than John Rynd and Cindy Taylor.  Their combined experience, knowledge of the industry and ability to advocate before key policymakers, will leverage our reach and impact as an association. We look forward to the coming year.”

Rynd has served in various executive level positions since joining Hercules Offshore in 2005. Prior to joining the Company; Rynd spent 11 years with Noble Drilling Services, Inc., where he served in a variety of management roles, including Vice President Investor Relations and Vice President Marketing and Contracts. Mr. Rynd also served in various management roles at Chiles Offshore, culminating in Vice President of Marketing. During 10 years of service for Rowan Companies Inc., he served in various roles of increasing levels of responsibility on offshore rigs.  He graduated from Texas A&M University with a Bachelor of Arts in Economics.

Taylor has served at Oil States since 2000, first as Senior VP, CFO and Treasurer, then President and COO, followed by her CEO appointment in 2007.   Prior to Oil States, she was CFO of L.E. Simmons & Associates, a private equity firm specializing in oilfield service investments, the VP Controller of Cliffs Drilling Company, and she held various positions with Ernst & Young LLP. She holds a B.B.A. from Texas A&M University and is a Certified Public Accountant.

Luthi also thanked outgoing Chairman Dick Alario, Chairman, President and CEO of Key Energy Services for his leadership of NOIA from 2013-2014.  Under his watch, NOIA expanded its membership to over 325 members and co-commissioned a study indicating that opening up the Atlantic offshore to oil and natural gas development could provide 280,000 jobs, $24 billion per year to the economy and supply 1.3 million barrels of oil equivalent to the United States.  Dick will remain active on the NOIA board of directors.

About Hercules Offshore, Inc.

Hercules Offshore is a leading global provider of offshore contract drilling and liftboat services, with operations in most of the major shallow water hydrocarbon producing provinces in the world.   We own and operate one of the largest jackup rig and liftboat fleets worldwide. Our diverse and unique fleet is capable of providing services such as oil and gas exploration and development drilling, well service, platform inspection, maintenance and decommissioning operations in shallow water markets.  Headquartered in Houston, Hercules Offshore, is an ISO 9001:2008 certified corporation. Learn more at http://www.herculesoffshore.com.

About Oil States International, Inc.

Oil States International, Inc. is a diversified oilfield services company and is a leading integrated provider of remote site accommodations with prominent market positions in the Canadian oil sands and the Australian mining regions. Oil States is also a leading manufacturer of products for deepwater production facilities and subsea pipelines as well as a provider of completion services and land drilling services to the oil and gas industry. Oil States is publicly traded on the New York Stock Exchange under the symbol OIS. Learn more at https://www.oilstatesintl.com

About NOIA

NOIA is the only national trade association representing all segments of the offshore industry with an interest in the exploration and production of both traditional and renewable energy resources on the nation’s outer continental shelf.  NOIA’s mission is to secure reliable access and a fair regulatory and economic environment for the companies that develop the nation’s valuable offshore energy resources in an environmentally responsible manner. The NOIA membership comprises over 300 companies engaged in business activities ranging from producing to drilling, engineering to marine and air transport, offshore construction to equipment manufacture and supply, telecommunications to finance and insurance, and renewable energy.  Learn more at www.noia.org.

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