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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.

about leadership derek nixon web

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.

COLIN STEVENSON

Chief Financial Officer

Brings 30 years of experience in global financial and manufacturing operational roles in the oilfield service industry.
Prior to joining Varel, Colin spent 23 years with Schlumberger followed by 7 years in private equity.
about leadership jordan stringer web

Jordan Stringer

Chief Operations Officer

Oversees operations in the Eastern Hemisphere, bringing years of experience from roles at Weatherford and expertise in technical support, field operations, and management.
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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.

MEET OUR BOARD

KennethMurdoch BoardOfDirectors 2026

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.
about leadership board jim nixon web

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.
about leadership board richard spears web

Richard Spears

Managing Director of Spears & Assoc.

Richard Spears has extensive experience in oilfield market research and a background in field engineering with Halliburton.
about leadership board salil oberoi web

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.
about leadership board derek nixon web

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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