Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit. The chief financial officer (CFO) of offshore drilling rig contractor Borr Drilling has decided to step down.Rune Magnus Lundetrae; Image courtesy of Borr DrillingBorr Drilling said on Wednesday that Rune Magnus Lundetrae would step down from his position as CFO.According to the company, Lundetrae will continue in his position until Borr Drilling finds a replacement.“Rune Magnus has been key to the development and success of the company since its incorporation. We thank him for his valuable contributions and wish him every success in the future,” the company stated.Lundetrae joined Borr Drilling back in December 2016 and acted as the company’s CEO since its start up. He voluntarily stepped down from the role in order for Simon Johnson to take over as the chief executive in late July 2017.Following Johnson’s appointment as the Borr Drilling CEO, Lundetrae took on the deputy CEO and CFO role. Johnson left the company following Borr’s acquisition of Paragon Offshore.Before joining Borr Drilling, Lundetrae worked as the managing director of DNB Markets. He previously worked at Seadrill for eight years, serving as CFO from 2012 to 2015.Offshore Energy Today Staff
Sixteen Democratic presidential candidates will attend what organizers are calling a “gun sense forum” tomorrow (Saturday) in Des Moines. Former Vice President Joe Biden previewed his remarks yesterday, telling reporters at the Iowa State Fair that a ban on assault weapons does not violate Second Amendment rights.“We can get it done and we can get background checks done. We can get it done because the public is finally at the point where they are sick of it,” Biden said. “…I’ve got it done before and I can get it done again.” Biden was the chairman of a key U.S. Senate committee when the assault weapons ban passed in 1994. It expired in 2004. Saturday’s forum is sponsored by former New York City Mayor Michael Bloomberg’s Everytown for Gun Safety Action Fund. Bloomberg will speak. Former Texas Congressman Beto O’Rourke has recorded a video message for the forum. O’Rourke has spent the past week in his hometown of El Paso, where a gunman killed 22 people last Saturday.