Mads Andersen will take over as the new president and CEO of Stavanger-based oil services firm Aibel, effective 1 January 2017. Jan Skogseth, Aibel's current president and CEO, since 2008, plans to retire. He will hold an advisory role in the company until spring 2017.
Andersen, current president at the Schlumberger-owned OneSubsea, is a qualified civil engineer and business economist and was part of the executive management team at Aker Solutions for several years. He has extensive experience of the oil and gas industry, both within project execution, subsea, and international business.
"The company has a strong position within field development, the maintenance and modification market as well as renewables,” Andersen said. “This position, as well as opportunities within new areas, provide the company with an excellent basis for further development.”
Andersen’s jump to Aibel comes months after Schlumberger and Cameron (both joint venture owners in OneSubsea) completed their US$14.8 billion merger. in April of this year.
Image: Mads Andersen/OneSubsea
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