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Fara Holdco appointment

News Release - 1.05.18

Fara Holdco Limited, owners of Bibby Offshore, CECON Contracting and Rever Offshore, has appointed Mark Bessell as Chief Executive with effect from Tuesday, May 1st.

Mark joins the executive team at Fara Holdco following four years as COO with Songa Offshore AS in Norway.  Previously, Mark held positions with Ocean Rig as Senior Vice President, and as Managing Director of Transocean’s Mediterranean Division. He has over 30 years in the Oil and Gas Industry holding a number of positions worldwide. 

Fara Holdco’s objective is to position the Company as a market leader in the areas that it operates, ensuring a continuation of high quality service to our customers and creating new opportunities in the market.  Mark’s role, along with the rest of the organisation, is to support this objective.

As part of the new role Mark will also become Chair of the Bibby Offshore Holdings and CECON Contracting boards and work closely with Jo Braadlie, Managing Director of CECON and both management teams, to grow the market position of the combined business.