+47 37 40 40 00 post@sevanmarine.com

Board of Directors

Erling Øverland (1952)

Chairman

Mr. Øverland holds a Master Degree from the Norwegian School of Economics and Business Administration (NHH) in Bergen. He has extensive and broad experience from the oil and gas industry. He served Statoil for more than 30 years within the areas of finance, accounting, trading, retail and marketing, shipping and business development. Mr. Øverland had several corporate leadership positions in Statoil including five years as CFO and a number of years as EVP for downstream operations. He was acting CEO of Statoil ASA in 2004. Erling Øverland was elected president and chairman of the Confederation of Norwegian Enterprise (NHO) from 2004 – 2008. Erling Øverland has wide board experience and is presently chairman of Næringslivets NOx-Fond. Previous board memberships include PCI Biotech Holding ASA (chairman), Sparebank 1 SR-Bank ASA, University of Stavanger, SINTEF, Hafslund, Norges Varemesse, Sparebank 1 Livsforsikring and head of the Control Committee of Det norske Veritas. Erling Øverland is a Norwegian citizen with residence in Bærum, Norway. He is married and has three children.

Number of shares: 0 Number of share options : 0

Torstein Sanness (1947)

Board member

Mr. Sanness, a Norwegian Citizen residing in Norway, with extensive experience and technical expertise in the oil and gas industry. Mr. Sanness served as Managing Director of Lundin Petroleum Norway from 2004 to April 2015, whereafter he was elected Chairman of the same company until March 2017 when he moved to the board of International Petroleum Corp., another Lundin Group company. Under his leadership Lundin Norway turned into one of the most successful players on the NCS and added net discovered resources of close to a billion boe to its portfolio. Before joining Lundin Norway Mr. Sanness was Managing Director of Det Norske Oljeselskap AS. From 1975 to 2000, Mr. Sanness was at Saga Petroleum until its sale to Norsk Hydro and Statoil, where he held several executive positions in Norway as well as in the US, including being responsible for Saga’s international operations and entry into Libya, Angola, Namibia and Indonesia. Mr. Sanness is a graduate of the Norwegian Institute of Technology in Trondheim where he obtained a Master of Engineering (geology, geophysics and mining engineering). Mr. Sanness also serves as a board member for TGS, the world’s largest geoscience data company, International Petroleum Corporation, Lundin Petroleum AB and for Panoro Energy ASA.

Number of shares: 0 Number of share options: 0

Hilde Ådland 

Board member

Mrs. Ådland holds a Bachelor in Chemical Engineering and a Master in Process Engineering (1991) and has extensive experience from various technical and operational positions in Kværner and Statoil before joining Gas de France/GDF Suez/Engie Norway in 2008. Today, Ådland holds the position as Asset Manager in Neptune Energy Norge AS. Ådland is also board member of Panoro Energy ASA

Number of shares: 0 Number of share options : 0

Astrid Jørgenvåg 

Board member

Mrs. Jørgenvåg, is currently VP Technical and Projects in Teekay Offshore Production. Jørgenvåg holds a Master in Chemical Engineering from the Norwegian Institute of Technology (1983) and has for many years worked in Statoil holding positions within Operation (Asset manager Åsgard Area), Research and Technology development and latest as VP Head of Engineering, before she joined Teekay in 2017.

Number of shares: 0 Number of share options : 0

Tord Brom Thorsen (1982)

Employee representative of the Board

Tord Broms Thorsen has 11 years’ experience in the ship and offshore industry and is currently employed in Sevan Marine as Senior Engineer in Marine Analysis and Offloading. He has worked in Sevan Marine since 2011 and he is an employee elected member of the board of directors. Mr. Thorsen has previously worked in Global Maritime  from 2007-2011, latest period as department manager of Marine Operations. Mr. Thorsen holds a Sivilingeniør (M.Sc) in Marine Technology from Norwegian University of Science and Technology. Mr. Thorsen is a Norwegian citizen with residence in Arendal, Norway.

Number of shares: 0 Number of share options: 26.718

Kathryn M. Baker (1964)

Board member

Ms. Baker holds an MBA from the Amos Tuck School of Business at Dartmouth College and a Bachelor of Arts in Economics from Wellesley College. Ms. Baker was a senior partner for 15 years in Reiten & Co, a leading Nordic private equity firm with focus on the mid-cap sector. Prior to that, she was a management consultant at McKinsey & Company in Oslo for 6 years and a financial analyst at Morgan Stanley in the late 1980s. Ms. Baker has significant experience in working through a board position to achieve greater shareholder value and build strong companies. She has served on numerous boards covering a broad range of industries (e.g. oil & gas, ITC, shipping, financial services). Currently, Ms Baker serves on the boards of Norges Bank (the Central Bank of Norway) Akastor ASA and DOF ASA, and is Chairman of Navamedic ASA and Catena Media plc. Previous board positions include Moss Maritime AS, BW Gas ASA and Bertel O. Steen Invest AS. Ms. Baker is an American citizen with residence in Oslo, Norway.

Number of shares: 10,000 Number of share options : 0

Line Bliksmark (1989)

Employee representative of the Board

Line Bliksmark has 5 years’ experience with marketing and tendering and is currently employed in Sevan Marine as Marketing and Business Development Coordinator. She has worked in Sevan Marine since 2017 and she is an employee elected member of the board of directors. Ms Bliksmark has previously worked in Emas Chiyoda Subsea (former Emas AMC) from 2014 to 2017 in the commercial department. Ms Bliksmark holds a master degree in Marketing Communication from Queensland University of Technology, Brisbane, Australia. Ms Bliksmark is a Norwegian citizen with residence in Oslo, Norway.

Number of shares: 0  Number of share options : 20.970