BW Offshore has announced a series of changes to its executive management team, effective immediately.
Marco Beenen has assumed the position of CEO of BW Offshore. Beenen has served as COO of the company since 2016. Ståle Andreassen, the current senior vice president finance of the company has taken over the CFO position. Kei Ikeda, head of projects of BW Offshore has been appointed as the new COO of the company.
Former CEO and CFO of BW Offshore, Carl Arnet and Knut Sæthre, have assumed the roles of CEO and CFO of BW Energy, the exploration and production subsidiary of BW Offshore.
“The board and I thank Carl and Knut for their outstanding contributions as CEO and CFO of BW Offshore during their decade-long tenure. We look forward to their continued leadership at BW Energy during an exciting time of change. We also congratulate Marco, Ståle and Ikeda on their new appointments. We are confident they are the ideal candidates to lead BW Offshore into the next phase of growth,” said Andreas Sohmen-Pao, chairman of BW Offshore.
In May, BW Offshore announced a plan to list BW Energy on the Oslo Stock Exchange this year.
In the meantime, BW Offshore has secured an extension agreement for the Abo FPSO with Nigerian Agip Exploration, a subsidiary of ENI. The latest contract award will see the FPSO work with ENI until the end of this year, with options to further extend it to the end of 2020.