Prosafe reorganizes

Prosafe SE has had strong international growth during the recent years and is reorganizing to prepare for continued expansion.

Offshore staff

STAVANGER, Norway -- Prosafe SE has had strong international growth during the recent years and is reorganizing to prepare for continued expansion. The company is the world's leading owner and operator of semisubmersible accommodation and service rigs and owns and operates 12 accommodation/service rigs, Prosafe says. The company owns/operates six FPSOs/FSOs and has two FPSOs under installation in New Zealand and Brazil. The company is also pursuing several FPSO projects, Prosafe says.

The Floating Production and Offshore Support Services business units are headquartered in Singapore. To strengthen the group's focus on growth and further development of the business units, Prosafe has decided to establish the position of COO. As a result, , the following reorganization of corporate management will be implemented with immediate effect:

  • Executive Vice President and CFO, Bjørn Henriksen will assume the position of COO
  • Executive Vice President Corporate Business Development Roy Hallås will assume the position of president of floating production
  • President of Floating Production Hugh Parry will assume the position of executive vice president special projects. His work will involve both projects within the floating production business unit and on a corporate level
  • Vice President Finance and Treasury Karl Ronny Klungtvedt will assume the position of executive vice president and CFO of Prosafe SE.

    5/4/2007

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