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MEET OUR TEAM

Today, what drives us isn’t just technology—it’s our people. Their deep expertise, unwavering integrity, and passion for solving problems are the heart of everything we do.

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Derek Nixon

President & CEO

A dedicated and decisive leader with extensive domestic and international experience. Derek has a proven track record of growing top and bottom lines in drilling and completions tools worldwide.

Jordan Stringer Varel Leadership

Jordan Stringer

President, Well Installations and Completions

Leads the Well Installations & Completions segment, bringing extensive global experience across commercial, operations, engineering and supply chain. Jordan focuses on customer partnerships, execution excellence, quality, and sustained profitable growth across global energy markets.
ELT Muhammad Asrar

Muhammad Asrar

President, Drilling

Leads Varel Energy Solutions’ global Drilling segment, with responsibility for strategic direction, portfolio performance, and operational execution. He brings a proven track record of driving profitable growth, expanding margins, and delivering customer‑focused value across the global energy sector.
Jayme Sperring Varel Leadership

Jayme Sperring

Chief Commercial Officer

Co-leads commercial activities and guides strategic marketing, communications, and business development within the enterprise. Jayme has a strong background in direct sales, executive management, and strategic planning.
ELT Carla Fontenot

Carla Fontenot

Chief People & Process Officer

A globally seasoned oil and gas executive trusted to lead organizations through complexity, crisis, and critical inflection points.

MEET OUR BOARD

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Jim Nixon

Chairman and CEO of
Nixon Energy Investments LLC

Jim Nixon has a history of leading Varel International Energy Services to significant growth before its sale to Sandvik AB.
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Richard Spears

Managing Director of Spears & Assoc.

Richard Spears has extensive experience in oilfield market research and a background in field engineering with Halliburton.
Salil Oberoi Board Of Directors 2026

Salil Oberoi

Director at Bluewater

Salil Oberoi has experience and responsibilities including deal sourcing, financial modeling, and execution. Salil has a background in corporate finance and investment banking.
Derek Nixon Board Of Directors 2026

Derek Nixon

President & CEO of Varel

A dedicated and decisive leader with extensive domestic and international experience. Derek has a proven track record of growing top and bottom lines in drilling and completions tools worldwide.
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Kenneth Murdoch

Board Member of Bluewater

Kenny has over 35 years of experience, he has served on boards for businesses around the world including joint ventures.
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