AKRBP: Aker BP appoints new executive management team
2026-10-02 12:00:06
Aker BP has appointed a new executive management team, effective 1 January 2027.
The new team will be organised around the company's value chain, from
exploration to production, to strengthen collaboration, reduce complexity and
improve execution.
Until year-end, the new executive management team will design a new operating
model for the company. The aim is to mature projects faster and more cost
-effectively through the value chain, with fewer organisational interfaces and
less complexity. The current executive management team will remain in place
until 1 January 2027.
The operating model will build on the company's work with industrial data and
artificial intelligence over the past decade, as well as its close collaboration
with alliance partners.
"Aker BP is uniquely positioned for long-term value creation on the Norwegian
continental shelf. The changes we are making will strengthen that position. The
shelf is changing, and tomorrow's shelf requires something different from us
than yesterday's did. We are now positioning the company for that future. I
would also like to thank the current executive management team. It is under
their leadership that we have laid the foundation for the steps we are taking
now," says Karl Johnny Hersvik, CEO of Aker BP.
The executive management team is led by CEO Karl Johnny Hersvik and consists of:
Value chain
· Petter Sørhaug - Find & Develop
· Tommy Sigmundstad - Build
· Lars Høier - Produce
· Øystein Arvesen - Optimise
· Knut Sandvik - PDO Projects
Strategic and support functions
· David Tønne - CFO
· Marit Blaasmo - Services
· Thomas Hoff-Hansen - Digital
· Paula Doyle - Strategic Innovation
· Rolf Nystein -Transformation
The work on the new organisation is being carried out in close cooperation with
employee representatives and the company's safety delegate service.
Contacts
Tore Dammann Langballe, VP Communications, tel.: +47 907 77 841
Kjetil Bakken, Head of Investor Relations, tel.: +47 918 89 889
About Aker BP
Aker BP is a company engaged in exploration, field development and production of
oil and gas on the Norwegian continental shelf. The company operates the field
centres Alvheim, Eiga, Skarv, Ula and Valhall, operates Yggdrasil, which is
under development, and is a partner in the Johan Sverdrup field. Measured in
production, Aker BP is one of the largest independent oil companies in Europe.
Aker BP is headquartered at Fornebu and is listed on the Oslo Stock Exchange
under the ticker code AKRBP. More about Aker BP at
www.akerbp.com (https://www.akerbp.com/en).
code AKRBP. More about Aker BP at\
www.akerbp.com (https://www.akerbp.com/en).\