Seadrill appoints new CEO


Per Wullf will succeed Frerik Halvorsen as CEO of Seadrill Management Ltd. Halvorsen leaves Seadrill at the end of July to join Ubon Partners, a technology venture. Wullf has worked for Seadrill since February 2009 as executive vice president and COO. Prior to Seadrill, he held several senior positions in Maersk, most recently as managing director of Maersk Contractors in Norway. He has 33 years of experience in the drilling industry, including 17 years in international and offshore operations.

John Fredriksen, chairman of the board of directors noted in a press release that Wullf will, for the time being, retain his position as the company's COO. He noted that in order for Wullf to maintain maximum focus on Seadrill’s expansion and operations, some functions which have previously been a part of the CEO's responsibilities such as investor presentations, corporate transactions, and financing will be assumed by the CFO Rune Magnus Lundetrae and the CAO Rob Hingley-Wilson.

Seadrill, an offshore deepwater drilling company, has a fleet comprising of 62 units, including newbuilds under construction. The fleet operates across five continents supported by over 7,500 employees worldwide. 

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