Subsea company Ocean Installer has appointed industry veteran Odd Strømsnes as its new chief executive. Interim CEO Kevin Murphy is to continue as deputy CE
The company said the appointment comes as it enters a new growth phase and addresses the fast-growing offshore wind market. It is best known for its involvement in the subsea market in the offshore oil and gas sector and for providing services in the subsea, umbilicals risers and flowlines segment. It operates a number of subsea vessels.
Mr Strømsnes was most recently managing director at TIOS, a Technip FMC and Island Offshore joint venture, and has more than 25 years of experience in the subsea industry, holding various senior executive and board roles. He was managing director for Technip Norge from 2010 to 2016.
“We are very pleased to welcome Odd to the Ocean Installer team.” said Odd Arne Kleveland, chairman of the board of Ocean Installer. “He is an accomplished leader with an impressive track record of safely delivering complex, high value projects and maintaining and building strong customer relationships in our industry.
“He shares our vision in continuing the development of Ocean Installer into an international Tier 1 subsea player. Odd will also be responsible for Ocean Installer’s new focus on the offshore wind market and will be tasked with establishing and growing this business line.
“The board of directors is confident Odd’s experience and personality is a perfect match for Ocean Installer as the company enters a new period of growth.”
Mr Strømsnes has a degree in offshore engineering from Heriot-Watt University. In addition to his roles in Technip and TIOS, he has experience from the renewables industry with REC Solar as vice president for projects.
He will start his new role at Ocean Installer on 1 February 2020 and will divide his time between the company’s headquarters in Stavanger, Norway and its soon-to-be-opened office in Oslo, Norway.