#Norway #Aker BP #Lysaker #Executive Management #Karl Johnny Hersvik

Aker BP's New Executive Management Team

On October 2, 2026, Aker BP ASA announced the formation of a new executive management team, which will officially take charge on January 1, 2027. This new team is tailored to streamline the company’s operations across the entire value chain, from exploration to production. The goal is to foster improved collaboration, reduce complexities, and bolster execution processes to navigate the evolving demands of the Norwegian continental shelf effectively.

Outgoing CEO Karl Johnny Hersvik expressed confidence in this new direction, emphasizing that Aker BP holds a unique position for value creation within the industry. He noted that the organizational changes are pivotal to adapting to a rapidly changing environment that requires fresh strategies and approaches compared to the past.

As the current management prepares to transition, their focus for the remainder of the year will be on designing a new operational model. This model aims to accelerate the maturity of projects while minimizing operational interfaces and complexity.

The executive management structure will be divided into two principal categories: value chain leaders and strategic support functions.

Value Chain Leadership Team

• - Petter Sørhaug – Head of Find & Develop
• - Tommy Sigmundstad – Head of Build
• - Lars Høier – Head of Produce
• - Øystein Arvesen – Head of Optimise
• - Knut Sandvik – Head of PDO Projects

Strategic and Support Functions

• - David Tønne – Chief Financial Officer
• - Marit Blaasmo – Services Head
• - Thomas Hoff-Hansen – Head of Digital
• - Paula Doyle – Strategic Innovation Lead
• - Rolf Nystein – Transformation Head

Hersvik acknowledged the foundation laid by the outgoing executive team, expressing gratitude for their leadership during a transformative time. He noted that their guiding strategies have set the stage for the upcoming organizational shifts.

This strategic reorganization will leverage Aker BP’s extensive work with industrial data and artificial intelligence cultivated over the past decade, aimed at further enhancing collaborative efforts with alliance partners.

The collaborative aspect of this new management structure is significant, with the transition being developed in close coordination with employee representatives and safety delegates. This engagement signifies Aker BP’s commitment to not only future-oriented strategies but also to maintaining a strong connection with its workforce throughout this change.

Looking Forward

As Aker BP prepares for this new chapter in its trajectory, the focus will be on ensuring the agility and efficiency of operations, positioning the company optimally for sustainable growth. With a commitment to long-term value creation, Aker BP is gearing up for a future that is as innovative as it is responsible, guided by a clear vision and a leadership team equipped to navigate the complexities of the energy landscape.

In summary, the appointment of the new executive management team is a strategic move aimed at reinforcing Aker BP's market position and enhancing the operational capabilities essential for thriving in an intricate industry. As they step into their roles in 2027, the team is expected to spearhead effective changes that reflect current market demands and prepare the organization for future challenges.