14:30 | 08.02.2010
Schlumberger Appoints Chief Operating Officer
Schlumberger (NYSE:SLB) announced today that its Board of Directors has
appointed Paal Kibsgaard Chief Operating Officer of Schlumberger Limited
effective immediately.
Reporting to Andrew Gould, Chairman and Chief Executive Officer,
Kibsgaard will be responsible for the day-to-day management of all
worldwide operations in addition to the Schlumberger technology
organization—including engineering, manufacturing and product
development.
Previously, Kibsgaard was President of the Reservoir Characterization
Product Group, responsible for the management of the WesternGeco,
Wireline, Drilling & Measurements and Testing Services product lines.
Schlumberger Chairman and CEO Andrew Gould commented:
“Paal’s track record, consisting of significant industry experience
combined with technical and management roles within Schlumberger, gives
me complete confidence in his ability to manage and grow all aspects of
our operations. I look forward to working closely with Paal as we lead
the company into the future.”
Prior to his most recent position, Kibsgaard held a variety of global
management positions including Vice President of Engineering,
Manufacturing and Sustaining; Vice President of Personnel for
Schlumberger Limited; and President of Schlumberger Drilling &
Measurements.
Earlier in his Schlumberger career, Kibsgaard was GeoMarket manager for
the Caspian region after holding various field positions in technical
sales and customer support.
A petroleum engineer with a master’s degree from the Norwegian Institute
of Technology, Kibsgaard began his career in 1992 working for
ExxonMobil. In 1997, he joined Schlumberger as a Reservoir Engineer in
Saudi Arabia.
About Schlumberger
Schlumberger is the world’s leading supplier of technology, integrated
project management and information solutions to customers working in the
oil and gas industry worldwide. Employing approximately 77,000 people
representing over 140 nationalities and working in more than 80
countries, Schlumberger provides the industry’s widest range of products
and services from exploration through production.
Schlumberger Limited has principal offices in Paris, Houston and The
Hague and reported revenues of $22.70 billion in 2009. For more
information, visit www.slb.com.
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