New Member Joins Kreuz Subsea’s Board

Kreuz Subsea has appointed Knut Eriksen as the board’s first independent non-executive director.

Eriksen, who took up the advisory position on Friday, December 01, 2018, will support the business on a strategic level and help to identify future growth opportunities, the company said.

For the past two decades Eriksen, with 35 years’ experience in the oil and gas sector, has held senior management roles, including president of engineering at Aker Maritime and senior VP roles at Oceaneering International and NATCO Group. In addition  he has also held the position of VP – worldwide deepwater development at Unocal Corporation.

Marcus Thompson, chair of the Kreuz Subsea board said: “The board and management team looks forward to Eriksen’s contributions based on his in-depth industry knowledge, strategic and operational orientation and business development track record and network.”

AJ Jain, CEO at Kreuz Subsea added: “Knut Eriksen is highly regarded in the subsea sector for his success in driving and delivering tangible results internationally. His broad range of skills and expertise will be of significant benefit to the management as we look to implement strategies in the regions which are key to our continued growth. The company has never been in a stronger position, and we look forward to working together.”

Knut Eriksen said: “Kreuz Subsea has a growing track record for its workforce delivering reliable, quality and safe operations from its versatile fleet of assets. It is making all the right moves in the subsea sector as it looks to expand its services in new regions including the Middle East and Africa. I look forward to working closely with AJ Jain, his executive team and the board as it continues on its mission to deliver exceptional results and fulfil its true potential in new markets in the years ahead.”

Earlier this year, Eriksen joined the board at Fairfield Geotechnologies as an independent non-executive director.