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BNC JCR cash control

first_imgFollowing the expenditure of a £500 bust of BNC’s ex-JCR President Paul Gladwell, a motion to prevent unnecessary expenditure was put forward before the JCR.Proposed by Gavin Fourie and seconded by Richard Hoyle, it said that all expenditure over £250 must be approved at two successive JCR meetings. The motion stated, “£500 was roughly the cost of the pre-drinks before the Christmas party, so while the JCR does have some money, there are some much better uses for the community.” At present, the Brasenose JCR constitution says that “donations” over £250 must be passed twice, the constitution may be ammended to include any expenditure over £250. The JCR has agreed to pay £4,000 towards the loss of the BNC ball,  and is also deciding whether to renew a Sky Sports and ESPN package.JCR President Dan Wainwright said, “The motion was simply to clarify that it meant expenditure. The bust of Paul Gladwell was a one off expenditure, so does not have a hugely significant effect on our year on year finances. The Sky Sports/ESPN package obviously does, but we are looking into ways of lowering the cost.”The motion was not voted on last Sunday as it was submitted late. It will be considered during the next JCR meeting in 7th week.last_img read more

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Schlumberger names new chief operating officer

first_imgOilfield services provider Schlumberger has appointed a new chief operating officer (COO) of the company.Image by البصراوي, shared under CC BY-SA 2.0 licenseSchlumberger said on Friday that its board of directors appointed Olivier Le Peuch as the new COO of the company, effective immediately.Reporting to chairman and CEO Paal Kibsgaard, Le Peuch will be responsible for the day-to-day management of all worldwide operations.Previously, Le Peuch was executive vice president of reservoirs and infrastructure, responsible for the management of the Cameron product lines, including OneSubsea, as well as some of Schlumberger’s leading technology products lines, including Software Integrated Solutions and Schlumberger land rigs.Regarding the appointment of the new CEO, Kibsgaard said: “Olivier’s track record, consisting of significant industry experience combined with technical and management roles within Schlumberger, gives me complete confidence in his ability to manage and grow all aspects of our operations. I look forward to working closely with Olivier.”Before his most recent position, Le Peuch held a variety of global management positions, including president of the Cameron product lines, president of Schlumberger Completions, and VP of engineering, manufacturing and sustaining.Earlier in his career, Le Peuch was GeoMarket manager for the North Sea, and president of Software Integrated Solutions.Le Peuch began his career at Schlumberger in 1987 as an electrical engineer and spent his early career in custom software integration and development, and in high-temperature electronics development for wireline equipment.last_img read more