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Drilling firm announces new CEO

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BORR Drilling has appointed Patrick Schorn as its new chief executive officer.

He will take up the role from September 8, succeeding Svend Anton Maier who will remain with the company as a special adviser.

He will take up the reins at the offshore drilling firm, whose UK base is in Westhill just outside Aberdeen, from 8 September 2020.

Mr Schorn, who has been a director of Borr Drilling since January 2018, started his career in 1991 with oilfield services giant Schlumberger.

He said: “I am very honored with the opportunity to be further involved in Borr Drilling and look forward to working with Svend Anton and the extended Borr Drilling team to deliver differentiating results for our customers and investors.

“Currently the oil and gas industry is going through a challenging phase, however in this adversity also lies our opportunity. The combination of the first class Borr Drilling people together with the youngest jack up fleet in the industry, serves as a unique foundation to solidify our position as industry leading jack up provider.”

Paal Kibsgaard, chairman of the board, said“ Mr Schorn’s “extensive industry experience” made him suited to take the company forward “in a challenging company environment”.

Borr Drilling’s UK base is in Westhill.

 

 

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