Atlantic Offshore elects Odfjell man as new CFO

  • Business & Finance

Shipping company Atlantic Offshore has named a new chief financial officer (CFO). 

The company said on Friday, December 6 that Andreas Lian Kvam joined Atlantic Offshore Management as CFO on January 1, 2017.

Kvam has 10 years experience from the shipping and offshore industry including working as Business Controller in Odfjell SE and Finance Manager in Ocean Rig.

He holds a M.Sc in Business Economics (Siviløkonom) from NHH, as well as a CFA and executive MBA in Finance, also from NHH.

The group currently operates 15 vessels in the North Sea, mainly focused on emergency response and rescue and platform supply vessels markets.

Back in April last year, Atlantic Offshore sold most of its operations and subsidiaries to Aegopodium AS, a new company owned 100 percent by H. Ogreid & Sonner, to secure continued operations and contractual obligations towards its customers.

The agreement included transfer of the shares to the buyer in Atlantic Offshore Gamma AS, Atlantic Offshore Alpha AS, Atlantic Offshore Epsilon AS, Atlantic Offshore Eta AS, Atlantic Offshore Zeta AS, Atlantic Offshore Management AS and Atlantic Offshore Crew AS.

Over the course of the last two years, Atlantic has been selling its older vessels, mostly for recycling, including Ocean West, Ocean CleverOcean Swift,  Ocean Sun, and Ocean Produce.

Offshore Energy Today Staff

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