Songa Offshore SE : Songa Offshore SE : Bjørnar Iversen new CEO
Limassol, Cyprus, 13^th May, 2013 --- Songa Offshore SE (OSE: SONG) has
appointed Bjørnar Iversen as new CEO of Songa Offshore SE, effective as of
June 1^st. Iversen will relocate to Limassol and take up the position only
weeks after he joined the company as president of Songa Rig AS.
oSometimes you are simply lucky enough to find gold in your own pocket.
After a long search process and assessment of numerous candidates, we
increasingly realised that we already had the ideal candidate within our
own company. Bjørnar understands the industry after 17 years with Odfjell
Drilling; he has extensive international and operational management
experience and, importantly, a unique knowledge of the Category D project.
My key task as interim CEO was to steer the company through a few critical
short-term challenges and find a permanent successor. I am happy to now
step down, knowing that both tasks have been successfully accomplished,
says interim CEO and chairman of the board, Jens A Wilhelmsen.
Before signing with Songa in February this year, Bjørnar Iversen held a number
of senior management positions and been member of the executive leadership
team at Odfjell Drilling AS for the last 12 years. His latest position was
President and CEOof Odfjell Galvao Ltda in Brazil. During his 17 year's
tenure at Odfjell Drilling, he has been executive vice president for Corporate
Business Development, Odfjell Drilling Technology and Odfjell Well Services.
Iversen holds a Master of Science in Business (siviløkonom) from the Norwegian
School of Business and Economics (NHH), and various management courses from
Harvard Business School.
oI am very excited to get this opportunity. Songa is uniquely placed to
take a leadership position within the mid water segment in the North Sea.
The company enjoys an excellent relationship with Statoil and is in the
process of building four new Category D rigs, all with long term contracts
to Statoil. Yes, there are short-term financing challenges but none that
can't be satisfactory resolved, says Bjørnar Iversen.
For further information, please contact:
Chairman and interim CEO, Jens A Wilhelmsen, Tel+357 2520 7754 mobile +357
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
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Source: Songa Offshore SE via Thomson Reuters ONE
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