Kreuz Sub­sea ap­points in­dus­try vet­eran to its board

Oil & Gas Middle East - - PEOPLE -

Knut Erik­sen is the board’s first in­de­pen­dent non-ex­ec­u­tive di­rec­tor

Global in­te­grated sub­sea ser­vices busi­ness, Kreuz Sub­sea, has an­nounced the ap­point­ment of Knut Erik­sen as the board’s first in­de­pen­dent non-ex­ec­u­tive di­rec­tor.

Erik­sen, who took up the ad­vi­sory po­si­tion on Fri­day, 1 De­cem­ber 2018, will sup­port the busi­ness on a strate­gic level and help to iden­tify fu­ture growth op­por­tu­ni­ties.

He has a wealth of ex­pe­ri­ence, hav­ing worked for more than 35 years in the oil and gas sec­tor around the world. In ad­di­tion to hav­ing man­aged op­er­a­tions, he has de­liv­ered or­gan­i­sa­tional trans­for­ma­tion strate­gies which have sup­ported busi­ness op­er­a­tions in In­done­sia, Brazil, Ja­pan, UK, Nor­way and North Amer­ica.

For the past two decades Erik­sen has held se­nior man­age­ment roles, in­clud­ing pres­i­dent of en­gi­neer­ing at

Aker Mar­itime and se­nior VP roles at Ocea­neer­ing In­ter­na­tional and NATCO Group, fo­cus­ing on op­er­a­tions and busi­ness devel­op­ment. Ad­di­tion­ally, he has held the po­si­tion of VP – world­wide deep­wa­ter devel­op­ment at Uno­cal Cor­po­ra­tion.

Erik­sen has also been in­stru­men­tal in driv­ing core val­ues, HSE ini­tia­tives and es­tab­lish­ing joint ven­tures for global busi­nesses.

“The board and man­age­ment team looks for­ward to Erik­sen’s con­tri­bu­tions based on his in-depth in­dus­try knowl­edge, strate­gic and op­er­a­tional ori­en­ta­tion and busi­ness devel­op­ment track record and net­work,” said Mar­cus Thomp­son, chair of the Kreuz Sub­sea board.

“Knut Erik­sen is highly re­garded in the sub­sea sec­tor for his suc­cess in driv­ing and de­liv­er­ing tan­gi­ble re­sults in­ter­na­tion­ally,” said AJ Jain, Chief Ex­ec­u­tive Of­fi­cer at Kreuz Sub­sea.

“His broad range of skills and ex­per­tise will be of sig­nif­i­cant ben­e­fit to the man­age­ment as we look to im­ple­ment strate­gies in the re­gions which are key to our con­tin­ued growth. The com­pany has never been in a stronger po­si­tion, and we look for­ward to work­ing to­gether.”

In the past 12 months, Kreuz Sub­sea has com­pleted the re­or­gan­i­sa­tion phase of its ex­ec­u­tive team and se­cured a steady pipe­line of projects into 2019 across the Asia Pa­cific re­gion. This in­cludes the pre­vi­ously an­nounced seven-year award with Brunei Shell Pe­tro­leum, and a five-ves­sel con­tract with Lar­son & Toubro to sup­port pipe­line cam­paigns in the Mum­bai High and Da­man field op­er­ated by Oil & Nat­u­ral Gas Cor­po­ra­tion (ONGC) off the west coast of In­dia.

“Kreuz Sub­sea has a grow­ing track record for its work­force de­liv­er­ing reli­able, qual­ity and safe op­er­a­tions from its ver­sa­tile fleet of as­sets,” Erik­sen said. “It is mak­ing all the right moves in the sub­sea sec­tor as it looks to ex­pand its ser­vices in new re­gions in­clud­ing the Mid­dle East and Africa. I look for­ward to work­ing closely with AJ Jain, his ex­ec­u­tive team and the board as it con­tin­ues on its mis­sion to de­liver ex­cep­tional re­sults and ful­fil its true po­ten­tial in new mar­kets in the years ahead.”

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