Photo: OKEA's Draugen oil platform offshore Norway. Source: OKEA

OKEA decides to hire new chief financial officer

  • Business & Finance

Norwegian oil and gas company OKEA has decided to hire a new chief financial officer (CFO) as a reflection of its growth over the past year. 

OKEA’s Draugen oil platform offshore Norway. Source: OKEA

Over the past year, OKEA’s operations have grown significantly both in terms of production, revenues and number of employees, according to the company’s statement on Tuesday.

The company’s head office is in Trondheim and the operations center is in Kristiansund. The company also has employees in Oslo and Stavanger.

As a reflection of its growth and the recent listing on the Oslo Stock Exchange, the company has added new positions to its financial department in Trondheim, including cost controllers and business analysts.

OKEA said on Tuesday it would further strengthen the capability of the company to deliver its set targets. Therefore, the company has decided to concentrate all financial activities and to hire a new CFO that will be based in Trondheim.

Following this, SVP Finance and IR Knut Evensen will assume a position in Business Development in the Oslo office from September 1.

From this date Ståle Myhre will take on the position as VP Investor Relation and Communication, while VP Finance Hugo Breivik will be responsible for finance until a new CFO has been hired.

SVP Accounting and Control Kjersti Hovdal will continue in her present position.

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