Investors

Dril-Quip announces addition to board of directors

Dril-Quip

Dril-Quip announced the appointment of Carri A. Lockhart to its Board of Directors; upon the recommendation of its Nominating and Governance Committee.

“We are excited to have Carri join our Board of Directors and look forward to benefiting from her experience in the energy transition area along with her significant industry experience both at Equinor and Marathon Oil,” said Jeff Bird, Dril-Quip’s Chief Executive Officer.

Furthermore, he mentioned that as they devote more resources to energy transition efforts, Carri’s experience and leadership in that area will be a great resource for the company. Her background in the energy industry will further strengthen the Board’s talent and competencies. “We look forward to her contributions to Dril-Quip’s future success as we grow and evolve,” he continued.

About Carri A. Lockhart

Accordingly, Ms. Lockhart has been a member of the Corporate Executive Committee since November 2020 at Equinor ASA (“Equinor”). Also, she has experience as Executive Vice President of Technology, Digital, and Innovation with responsibility for enabling Equinor’s energy transition.

The company reports that previously, she was Senior Vice President – Development & Production International Portfolio and Partner Operations from August 2018 until November 2020. Moreover, Ms. Lockhart was Senior Vice President – Development Production Offshore US. This position also included Mexico offshore operations from May 2016 until August 2018.

Additionally, she worked for over 20 years at Marathon Oil Company in various management, operational and technical positions both domestically and internationally, including as Regional Vice President – Eagle Ford, Regional Vice President – Bakken, and Regional Vice President – United Kingdom. Ms. Lockhart holds a Bachelor of Science degree in petroleum engineering from Montana Technological University.

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Dril-Quip

Dril-Quip In. is a leading offshore drilling and production equipment manufacturer, well suited for use in deepwater operations. Likewise, the company designs and manufactures subsea, surface, and offshore rig equipment for use by oil and gas contractors; as well as gas companies and drilling contractors in offshore areas throughout the world.

In addition, the company’s manufacturing operations are vertically integrated, performing essentially all of its forging, heat treating, machining, fabrication, inspection, assembly, and testing at its own facilities. Dril-Quip is recognized for its full range of innovative drilling and production products that can be utilized to provide total solutions for offshore field developments. Its headquarters are located in Houston, Texas; it also has manufacturing facilities in the United States, Brazil, Scotland, and Singapore.

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