Fugro confirms former Statoil chairman as its new CEO

Shareholders of offshore and onshore geotechnical and survey services provider Fugro have appointed Øystein Løseth as a member of the board of management.

The supervisory board of Fugro decided to nominate Løseth for appointment as member of the board of management and subsequently as CEO back in October.

Løseth was chosen to succeed current CEO Paul van Riel who would retire at the end of his term at the Annual General Meeting on April 26, 2018.

At the time of the announcement, Fugro said that Løseth’s nomination had to be made official by shareholders at an extraordinary general meeting which was held on Thursday, December 14.

Fugro said on Thursday that he would join the board of management starting January 1, 2018. After a transition period, he will succeed van Riel, the current CEO and chairman of the board of management, as of April 26, 2018.

Løseth has management experience at board level in major companies. From October 2014 until recently he was on the board of directors of Norwegian company Statoil, where he was chairman of the board for the last two years. Previously, he was CEO of Vattenfall AB, and of NUON, a Dutch energy company. Løseth started his career at Statoil and later gained experience in various roles with increasing responsibility in different companies in the energy sector.

Share this article

Follow Offshore Energy Today

Posted on December 15, 2017 with tags , .

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply