Tyler Durham has been a venture principal at oil services group Schlumberger since September 2017, after holding different roles for more than a decade at the company.
Iain Cooper, manager of corporate venturing at Schlumberger, said in his nomination: “Tyler Durham joined the team two years ago, after recently receiving his MBA from the University of Chicago, and has rapidly taken over both the portfolio management and our engagements around enhanced lithium production.
“Tyler also sits on the board of [cable condition monitoring products provider] Wirescan and has a number of observer positions. He also facilitates our engagements with our business units and has a strong background in operations, and so brings a very practical perspective to our engagements with our portfolio companies and prospective investments.”
Having been at Schlumberger for 13 years and worked in the energy sector in Canada, the US and throughout the Middle East in developing unconventional basins, Durham said: “I joined Schlumberger as a well services field engineer before holding management positions in operations, supply chain, sales and operational planning.
He most recently worked on the deployment of Schlumberger’s digital transformation program and the accompanying organisational design. He continued: “In the 13 years since the fund was founded, I was the first internal hire to the group outside of the managing director position and the first with an operations background.”
In 2019, Durham led Schlumberger Ventures’ first private investment in public equity deal and assumed a director position for the investment in mineral resource company Pure Energy Minerals.
He said: “The investment was the first investment in a larger strategy to leveraging Schlumberger’s technology and research to move into adjacent industries with high-growth profiles in the energy transition.
“Being at the leading edge of the corporate strategy and working through a unique deal in our fund was a great opportunity and to date a major success.”
Durham holds a bachelor’s in chemical engineering from Dalhousie University and an MBA with honours from The University of Chicago’s Booth School of Business.
