Solstad Offshore Names New CFO
Norwegian offshore vessel provider Solstad Offshore has appointed Kjetil Ramstad as the CFO position. Ramstad comes from the position as Finance Director in Solstad Offshore and has worked for the company since 2018. Prior to joining Solstad Offshore, he was Finance Director and CFO for the DeepOcean group from 2008 to 2018. Lars Peder Solstad, CEO of Solstad Offshore said:"I am very pleased to have Kjetil as new CFO in Solstad. He has a strong financial background and a solid operational experience from global businesses. Together with Mr. Eivind Kvilhaug, Vice President Finance
Oil, Gas Jobs Moves from Shale to Offshore
now turning as the offshore market gains momentum. Four out of the top five oilfield service companies with the largest workforce change from 2017 to 2018 were primarily exposed to the offshore industry.Among the smaller players with a strong focus on offshore segments, the Norwegian shipping company Solstad has nearly doubled its workforce from 2017 to 2018 – a significant staff ramp-up which bet on the long-term improvement of market conditions.Similarly, the drilling contractor Seadrill saw employment grow by 15%. The company has seen some recent contract award success with Saudi Aramco and