Spectrum is implementing a strategy of growth in the Multi Client Seismic market and as part of the company's strategic growth plan Spectrum is pleased to announce a strengthening of the Executive Management Team:
Arne Helland has been appointed as Executive Vice President Strategy and Business Development in Spectrum ASA.
Arne will start in the position 2 May and he will be based out of Oslo. In his previous position Arne was the Chief Financial Officer in "TGS-Nopec" for 12 years. Before taking the position in TGS-Nopec Arne worked in PGS.
"We are pleased to welcome Arne Helland to Spectrum. Arne's long experience in building an independent MC focused Seismic business and MC project evaluation is expected to contribute to the further organic and strategic growth of the company" said Rune Eng, Spectrum's Chief Executive.
About Spectrum
Spectrum ASA 'SPU' is a global provider of multi-client seismic surveys, and seismic data processing to the global oil and gas industry from offices in Norway, UK, US, Australia, China, Egypt, Jakarta, Brazil and Singapore. SPU designs, acquires and processes seismic data to deliver high quality solutions through its dedicated and experienced workforce.
For further information or questions please contact Rune Eng (CEO) +47 23014962 or Henning Olset (CFO) +47 23014965
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)