Change of management in DeepWell AS

Rolf M. Leknes has asked to be relieved from his position as CEO of DeepWell AS. He has served as Chairman of the Board since 2015 and CEO since 2016. His leadership has been instrumental for the growth and strategic positioning throughout these years.

“DeepWell has secured an important strategic position as one of the leading well intervention companies on the Norwegian shelf. The company has a dedicated and great team that has delivered consistently safe and high-quality services in a period with increased activity and complexity. I wish the team and the new CEO all the best in the continuation of building the company further” says Rolf.

We hereby thank Rolf for his great efforts and wish him all the best in his pursuit for new opportunities

Jørgen Arnesen will, as of 1 May 2019, assume the role as new CEO in DeepWell AS.

Jørgen has more than 25 years’ experience working world wide within the Oil & Gas industry, in building up and management of drilling and oil service companies.  His latest position was CEO of COSL Drilling Europe AS and has previously held managerial positions in companies like Awilco Offshore Semi, Stena Drilling, Odfjell Drilling and Odfjell Well Services. He is educated as Petroleum engineer (BSc), Electrical engineer (BSc) and Diploma economist (BBa).

” I very much look forward to be part of the DeepWell-team and to work closely with the employees, customers and business partners in growing the company further” says Jørgen. He also stresses the importance embedded in the stated values of the company.

We welcome Jørgen and look forward to working him!

Stig Arne Nordli Andersen (CFO) has resumed the position as acting CEO in the interim period.

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DeepWell and Halliburton to supply EWL (Electric Wireline Logging) Services to Equinor

On April 4th -2019, an amendment for provision of Electric Wireline Logging services (EWL) to DeepWell ‘s contract for provision of Mechanical Wireline Services (MWL) for Equinor was signed. The services will be provided together with Halliburton and the amendment also includes a provision for supply of Powered Mechanical Services (PMS). Supplier of the PMS Services are yet to be concluded.

The Contract amendment covers a trial period that commenced February 1st -2019, for the parties to prepare for Equinor ‘s ITT for “Integrated Wireline Services” in 2021. “The award represents yet another milestone for DeepWell and an important strategic position for the future”, says CEO, Rolf M Leknes. He also expresses the importance of the strategic cooperation with Halliburton that have enabled the two companies to secure this position.

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