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Svein Strømberg appointed as new Chief Executive Officer

Reelwell AS

Dec 20, 2024

The Board of Directors at Reelwell AS are delighted to announce the appointment of Svein Strømberg as the company’s new Chief Executive Officer, effective January 1, 2025.

Mr. Strømberg succeeds Ian Silvester, who will take on a new role as CEO & President for North and South America, based in Houston, Texas.. Ian has been instrumental in advancing Reelwell’s groundbreaking technologies to commercial readiness, and we look forward to his continued contributions as we expand our operations in the Americas.


Svein Strømberg joins Reelwell with over 31 years of extensive industry experience at Baker Hughes, where he began his career with Eastman Christensen. He has held a variety of senior leadership roles in engineering, operations, and management, both onshore and offshore, across Norway and internationally. His most recent positions include Operations Manager in Norway and Denmark, and Director of Drilling Services for Europe, Africa, and the Russia-Caspian region.


Commenting on his appointment, Svein Strømberg said:


"I am thrilled to join the talented team at Reelwell. Together, we will leverage my industry expertise and network to support our customers in making the right decisions for more efficient drilling operations. The DualLink powered and intelligent pipe is a groundbreaking technology, offering transformative benefits for both oil service and E&P companies."


Jørgen Peter Rasmussen, Executive Chairman of Reelwell, added:


"The Board is very pleased to welcome Svein as our new CEO. His leadership, industry knowledge, and network will be invaluable as we scale up the DualLink powered and wired pipe business in Norway and internationally. With Svein at the helm, we are well-positioned to deliver onshore and offshore projects in Europe, the USA, and beyond, driving the commercial success of our innovative technologies."


Jørgen also extended his gratitude to Ian Silvester:


"Ian has played a pivotal role over the past six years, guiding Reelwell to deliver a fully commercialized system that is now ready for customer deployment. We are excited to continue working with Ian as we strengthen our partnerships and expand our business across the Americas."


Reelwell is a Norwegian company at the forefront of developing advanced and efficient drilling systems. Its latest innovation, the DualLink wired and powered pipe system, is already being deployed to clients in the USA and Norway, offering unmatched efficiency and intelligence for drilling operations.

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