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From Left: Per Eikrem, Oslo Stock Exhange, Cecon CEO Terje P. Tellefsen, CFO Ivar H. Halvorsen and Cecon Chairman Arve Andersson.
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Listing and capitalization
Oslo Axess listed 26 June 2007
Ticker: CECON
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Financing
USD 75 + 60 million in equity in private placements, February and June 2007.
Bond USD 100 million April 2007
USD 200 mill 1st Priority facility from Export Development Canada (“EDC”) for a senior secured credit facility for the newbuilding programme of three offshore construction vessels at Davie Yards Inc. May 2009.
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Visit of Oil- and Energy Minister to Cecon.
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The Oil- and Energy Minister, together with a delegation from the Ministry visited Cecon and was briefed on current activities.
The visit was in connection with a series of visits to the industry in preparation of a paper on future oil- and gas activities.
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EXECUTIVE APPOINTMENTS
Cecon is pleased to announce the following appointments:
- Morten Kilen (43) is appointed Operations Director in Cecon ASA.
- Andrew Towler (50) is appointed Business Development Director in Cecon ASA, currently based in Perth, Australia.
- Jørn Otto Gundersen (47) is appointed Commercial Director in Cecon ASA.
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