One of the world’s largest oil rig companies, the Norwegian Seadrill, which is owned by the shipping magnate John Frederiksen, has appointed a new CEO. The former Maersk managing director Per Wulff will take over as CEO, succeeding Fredrik Halvorsen who is leaving his position in favor of a job with Ubon Partners, Seadrill informs in an announcement on Friday.
"In his new position, Mr. Wullf will retain a strong focus on the operational performance of the fleet, and for the time being will also retain his position as the Company's Chief Operating Officer. Some functions which have previously been a part of the CEO's responsibilities such as investor presentations, corporate transactions, and financing will to a large extent be assumed by the CFO Rune Magnus Lundetrae and the CAO Rob Hingley-Wilson. This is being done in order for Mr. Wullf to maintain maximum focus on Seadrill's expansion and operation,” states Chairman of the Board John Fredriksen.