NauticAWT Limited announced that with effect from November 1, 2015, Mr. Yak Thian Huat (Mr. Dave Yak) will leave the company and no longer serve as the Chief Financial Officer and the Joint Company Secretary; and Mr. Simon John Cunningham will relinquish his role as the Senior Vice President, Subsurface and Wells of the Group and will assume the role of Finance Director of the company. He will be responsible for overseeing the accounting, finance and commercial matters of the Group. His current responsibilities will be reallocated to other members of the Group.

Mr. Cunningham will remain as the Executive Director of the company.