Wullf appointed as Seadrill CEO

Per Wullf will succeed Fredrik Halvorsen as chief executive officer of Seadrill Management, the company announced. Mr Halvorsen is leaving Seadrill to join Ubon Partners, a technology venture, at the end of this month. In his new position, Mr Wullf will retain a strong focus on the operational performance of the fleet and, for the time being, will also retain his position as the company’s chief operating officer. “Since joining Seadrill in 2009, Mr Wullf’s focus on operational performance during a period of phenomenal growth has allowed Seadrill to establish a track record of delivering safe and efficient operations for its customers,” John Fredriksen, chairman of the board of directors, said.

Mr Wullf, who also serves on the IADC Executive Committee, joined Seadrill in February 2009 as executive vice president and chief operating officer. Prior to Seadrill, he held several senior positions at 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.

“The board would like to express its thanks to Fredrik Halvorsen for his contribution to the Fredriksen group of companies since he joined us in 2010. His track record of managing organizational change brought a much needed skill set to our businesses, including the successful transition of Seadrill Management from Norway to London this year,” Mr Fredriksen said.

He continued: “The board, including myself, will continue to be very actively involved in the strategic development of the company, as well as monitoring the company’s operation. With his strong track record, Mr Wullf is a natural choice for the board to ensure a smooth transition and bring Seadrill to the next level. Together with the support of his first-class team and the industry’s most modern equipment, we look forward to continued success and growth.”