CEO Of Aker Energy Resigns

The Chief Executive Officer of Aker Energy, Norwegian oil and gas giant, Jan Arve Haugan has resigned.

It is not clear why Mr Jan Arve Haugan decided to resign.

Prior to joining Aker Energy, he held several positions including being President & CEO of Kvaerner ASA, from 2011 to 2018.

Mr Haugan served in a number of leading roles in Norsk Hydro from 1991 to 2011, and as CEO of Qatalum, a joint venture with Qatar Petroleum and one of the largest primary aluminium plants built in one phase, located in Qatar.

Prior to joining Hydro, he held positions in Terra Mar Project Management and a civil construction company, F. Selmer (now Skanska).

He holds an M.Sc. in Construction Management from the University of Colorado at Boulder, USA. Mr Haugan is a Norwegian citizen.

In a statement posted on the Aker Energy’s website, it said that the Board of Directors has named Svein Jakob Liknes, Head of Operations, as acting Chief Executive Officer following the decision by Jan Arve Haugan to resign.

“Aker Energy continues the effort to optimise and safeguard the Pecan project in close collaboration with Ghanaian authorities. As Aker Energy is preparing for the next phase with PDO approval, followed by project execution as the main tasks, Jan Arve Haugan is stepping down and Svein Jakob Liknes has been named acting CEO,” Aker Energy said in the statement.

According to the statement, Svein Jakob Liknes has extensive experience both from projects and operations and he has worked closely on the Pecan PDO process, making him the right fit to lead Aker Energy,” Øyvind Eriksen, President and Chief Executive Officer at Aker ASA said.

“I want to thank Jan Arve Haugan for his leadership and relentless work in building a complete exploration and field development organisation in Aker Energy. At the same time, we appreciate the opportunity to maintain our strong and long-lasting collaboration with Jan Arve Haugan in his capacity as board member in Kværner as well as in existing and new projects,” Eriksen said.

Svein Jakob Liknes has served as Aker Energy’s Head of Operations, overseeing the company’s current Plan of Development and Operations (PDO) process.
Prior to joining Aker Energy, Liknes held the position as SVP Operations & Asset Development in Aker BP.

The appointment to acting CEO is effective immediately and will remain in effect until further notice.

In parallel with the leadership transition, the composition of the Board of Directors will be changed in both Aker Energy and TRG Energy, the owner of AGM Petroleum in Ghana and in which Kjell Inge Røkke is the main shareholder, to strengthen the two companies and better reflect that they will continue to operate as separate entities also in the next phase.

The main task for TRG Energy is to quantify discoveries, including by drilling new appraisal wells. Aker Energy will continue as a service provider to TRG Energy.

In addition to the reallocation of board members between TRG Energy and Aker Energy,

Ms Rosalind Kainyah has decided to resign from the Board of Aker Energy and will continue to offer her support through her consultancy business. The new board compositions are as follows:  

Aker Energy:

Karl Johnny Hersvik, Chairman
Samaila Zubairu, Deputy Chairman
Anne Marie Cannon
Tore Torvund
Kjell Inge Røkke
Øyvind Eriksen

TRG Energy:

Sverre Skogen, Chairman
Kjell Inge Røkke, Deputy Chairman
David Adomakoh
Kristian Monsen Røkke
Olav Revhaug
Khash Mohajerani

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