Peter Jenkins appointed new CEO of 4Subsea

ASKER, Norway -- 4Subsea’s board has appointed Peter Jenkins, one of the founders of the company, as the new CEO. He replaces Henning Christensen, also one of the founders.

“Henning has lead the company from the start in 2008 to become a market leader on the Norwegian shelf within production risers and subsea well systems,” said Joar Weldem, chairman of the board.  

“Jenkins will now take on the responsibility to implement 4Subsea’s strategy, delivering solutions that reduces both Opex and Capex linked to systems that are critical to operator’s oil and gas production. An important part of the strategy will also be to take 4Subsea’s services international,” said Welde, who is pleased that Christensen will stay with the company, focusing on business development within production risers.

“4Subsea’s goal is to be a hub for managing the integrity of production risers and subsea wellhead systems,” said Jenkins. “With today’s challenging market situation the oil and gas industry needs new perspectives to develop safe and cost efficient solutions. We see that combining our software- and monitoring solutions with our specialist engineering services represents such a new perspective.”