Born in Glasgow Scotland, Peter Lovie earned his Master of Applied Mechanics degree at the University of Virginia where he was a Fulbright Scholar and his B.Sc. in Civil Engineering from the University of Glasgow in Scotland. Peter Lovie came to America as an immigrant in 1967. He began with Cameron and The Offshore Company (now Transocean) in Houston.
Early in 1970, he was co-founder and president of Engineering Technology Analysts, Inc. (ETA). He started ETA from nothing and building a team of brainy millennials that ultimately designed a new generation of jackup drilling rigs in the 1970s. This ambitious venture challenged the established Big Four jackup design sources of the day.