Launched in 2010 by James Gregg and Dave Acton, Motive Offshore Group is headquartered in Boyndie, Banff, with additional offices in Aberdeen, Houston, Norway and the Middle East.

Mr Slattery, who co-led Enpro Subsea through its recent acquisition by energy group Hunting plc, joins Motive as it continues to implement its domestic and international growth strategy to become a £20 million EBITDA business by 2024.

To this, he brings 12 years’ financial experience - specifically focused upon oil field service providers - and a proven track record in M&A activity, new country entry and strategic development. He has held senior positions whilst based in the UK, USA and Norway.

Dave Acton, CEO, said: “We are exceptionally pleased to have secured Declan’s expertise; he will play a major role in the Motive journey - be that acquisition, organic growth, global expansion or service diversification.

“His international industry experience and existing relationship with Motive shareholders, EV, make Declan an ideal fit within our senior management team and we look forward to working with him as he helps steer the company to its next level.”

Mr Slattery added: “The Motive team has established a well-diversified revenue portfolio which has proved resilient in the current market. The synergies between us are already there, making this an exciting time for me to join the company and help to achieve the ambitious growth strategy.”