Fredriksen Enters SapuraKencana Boardroom (Malaysia)

John Fredriksen, a Norwegian-born Cypriot oil tanker and shipping tycoon, has been appointed Non Independent & Non Executive Director at Malaysia’s oil and gas services and solutions provider SapuraKencana.

Fredriksen has served as Chairman of the Board, President and a Director of Seadrill Limited since its inception in May 2005.  Furthermore, Fredriksen is Chairman, President, Chief Executive Officer and a Director of Frontline Ltd. (“Frontline”), a Bermudan company listed on the New York Stock Exchange, the Oslo Stock Exchange and the London Stock Exchange.

Related: Seadrill, SapuraKencana Wrap Up Tender Rig Deal

He is also a director of Golar LNG Limited (“Golar”), a Bermudan company listed on the Nasdaq Global Market and the Oslo Stock Exchange. Also, he is a director of Golden Ocean Group Limited (“Golden Ocean”), a Bermudan company publicly listed on the Oslo Stock Exchange and on the Singapore Stock Exchange. He was ranked at number four on Bloomberg Markets 50 Most Influential list in 2013.

Fredriksen was Norway’s richest man until he chose to abandon his Norwegian citizenship and take up a Cypriot passport. According to Forbes, Fredriksen’s net worth is estimated at $11.5 billion making him the 87th richest man on the Forbes’ billionaires list.