Oslo: Viking Ventures subsea technology company 4Subsea has appointed Peter Jenkins, one of the founders of the company, as its new CEO.
Jenkins is tasked to implement 4Subsea’s strategy of delivering solutions that reduces both OPEX and CAPEX linked to systems that are critical to operator’s oil and gas production. He has been heading the Well Intervention and Drilling department of 4Subsea for the past three years.
Jenkins replaces Henning Christensen who will stay with the company, focusing on business development within production risers. “Henning has lead the company from the start in 2008 to become a market leader on the Norwegian shelf within production risers and subsea well systems,” commented Joar Welde, chairman of the board and partner of Viking Venture.