DeepOcean Appoints Øyvind Mikaelsen as New CEO

Mr. Mikaelsen was most recently Executive Vice President at Subsea7, and has 30 years of experience in the global subsea business holding various senior executive roles. Current DeepOcean interim CEO Ottar K. Mæland returns to his responsibilities as COO.

“We are very happy to welcome Øyvind Mikaelsen on board. During his career, he has an impressive international track record of building strong customer focus, delivering operational excellence and strategic positioning in our industry. He has played an important role in developing the subsea business into a high tech industry with new commercial models increasing efficiencies and enabling new subsea developments. Øyvind shares our vision of making DeepOcean the leading global life of field subsea service provider in the oil & gas and the offshore renewables sectors with a solid commitment to safety and quality. I also want to extend the Boards gratitude to Ottar K. Mæland in moving the company forward as interim CEO with excellent stewardship. Ottar will return to his position as COO” said Terje Askvig, Chairman of the Board of DeepOcean.

Øyvind Mikaelsen began his career in the oil and gas industry with Kvaerner Rosenberg A/S in 1988. He then moved to Norske Shell before joining Subsea 7 in 1992. He holds a Master of Science degree from the University of Trondheim in Norway. Øyvind Mikaelsen starts his position on May 2nd 2018 and will be based in Haugesund, Norway.

“DeepOcean is known for its can-do attitude and agile organisation and I am very excited about this appointment. DeepOcean stands out as a fantastic platform to offer both new and existing customers innovative cost effective services across the globe. I look forward to adding my experience from the global subsea industry and continue to build the company together with the team”, said Øyvind Mikaelsen, CEO of DeepOcean.