Entrepreneurs Forum

Join us at this exclusive members-only gathering to learn more from this down to earth businessman who is forging pioneering technology within the oil and gas sector.

 

The oil and gas industry continues to seek ways to improve recovery of oil and gas, while looking to reduce costs. It is widely accepted that new technologies will be vital in achieving this. Wayne’s particular interest and expertise lie in disruptive technologies, which are fundamental to our industrial environment and economic growth. It is this challenge that he will discuss during this Chatham House dinner.

 

The evening will be introduced and facilitated by Entrepreneurs’ Forum Corporate Partner, Mark Hatton, Senior Partner of Ernst & Young, Newcastle.

 

Learn more about Wayne.............

 

Wayne has owned and operated his own highly successful oil field manufacturing companies, developing complex new technologies for the industry.

 

He started his career in the oil and gas industry as a diver and sub-sea engineer, working on offshore projects all over the world. He progressed to project management in areas such as disaster recovery and rig construction. At the same time, he furthered his studies in mathematics, science and engineering.

 

Wayne started his own business in the 1990s to provide technical products in pipeline services, combining his first hand practical experience of the industry with an understanding of its technological needs. His company was acquired by Weatherford International, a major US oil field service company listed on the NYSE. During his time at Weatherford, he successfully developed a new expandable sand screens business. He was also responsible for Weatherford's Expandable Technology Unit, restructuring and guiding the solid expandable technology towards technical and market success. Wayne was an active board member as senior vice president of the Weatherford connection business, managing a worldwide operation with over 6,000 people and 150 bases worldwide. During this time, the company almost quadrupled revenues to $6.6 billion and increased EBIT over 17 times to $1.2 billion.

 

In 2005, Wayne was approached by Royal Dutch Shell to develop and commercialise TubeFuse Technologies, a new forging technology that allows tubing to be joined in a way that guarantees sealing and provides a flush joint. With Weatherford as a partner, he established TubeFuse’s research and development centre, Incubator, in the north east and has developed the embryonic technology to successful commercialisation.

 

As well as his position working with TubeFuse and Incubator, Wayne is currently chairman and CEO of Momentum Technologies LLP, which owns and operates a diverse portfolio of companies aimed at the technology challenges of the defence, medical and energy industries.

 

 

This is a members-only dinner and is charged at £55 + VAT per person. Please note that we will have to charge in full for cancellations within 48 hours of the dinner. The dinner will commence at 6.45pm therefore guests are advised to arrive at around 6.30pm.

 

Dinner places are strictly limited to a first-come, first-served basis we therefore recommend you don’t delay in securing your place with us.

 

Members can register by calling 0870 850 2233 or e-mailing info@entrepreneursforum.net

 

If you would like further information about any of our events, please call us on 0870 850 2233