Dutch group nabs Statoil's departing chairman

Dutch group Fugro nominates former Statoil chairman and Vattenfall boss to be new CEO.

Norwegian Øystein Løseth is poised to serve as the next chief executive officer for Fugro.

Fugro is a Dutch supplier of geotechnical subsoil inspections for the oil industry and its board has nominated Løseth to serve as a new member of the board and as CEO, announces Fugro. If he is elected at the Extraordinary General Meeting in December, he will replace Paul van Riel who is retiring at the end of next April.

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