AKOFS OFFSHORE
Ownership

In September 2016 AKOFS Offshore (“AKOFS”) and Akastor ASA (“Akastor”) entered a strategic partnership with the leading Japanese investment company Mitsui & Co Ltd («Mitsui») and its shipping company Mitsui O.S.K. Lines Ltd («MOL») to jointly own the SESV vessel Skandi Santos.

Following this, Akastor entered into a Share Purchase Agreement in June 2018, where each of Mitsui and MOL purchased 25% of the shares in AKOFS from Akastor forming a Joint Venture ownership of AKOFS Offshore. The remaining 50% will continue to be owned by Akastor.

Through this transaction, Mitsui and MOL will, as a long-term business partner, together with Akastor, assume an active role in the further support and development of AKOFS Offshore.

AKOFS Offshore is dedicated to developing long term value for our stakeholders. At the same time our owners play an important role with experience, dedication and strong financial positions. This will in the coming years enable us to develop services for demanding customers around the world.

Board of Directors

Paal E. Johnsen

Chairman

Paal E. Johnsen joined Akastor as Investment Director in May 2015. He came from a position in DNB Markets, and has extensive experience at management and board level in various companies in industry and finance, including Carnegie ASA and Alden AS. Paal has a track record and experience that will be a very valuable addition to Akastors’ management team, and he will play a critical role in developing the many opportunities seen in Akastors’ portfolio of investments going forward. Mr. Johnsen is a Norwegian citizen.

Eirik Thomassen

Boardmember

Eirik Thomassen joined Akastor in May 2018 from the lawfirm BAHR. Eirik has extensive experience in providing legal support to the Aker group of companies. In BAHR his work involved support to Aker BP and Aker Energy, and prior to this he held in-house legal positions in both Aker Solutions (2010-2011) and Kværner (2011-2015). Eirik holds a Master of Laws degree from the University of Oslo, and is a licensed lawyer and member of the Norwegian Bar Association.

Shoichiro Yamashita

Boardmember

Shoichiro Yamashita is a General Manager, Subsea Team, Offshore Project Division at Mitsui O.S.K. Lines, Ltd. (“MOL”). He started his career as an engineer for Nippon Steel Corporation in 2000 then joined MOL in 2006 for business development and commercial positions. He has experience in LNG transportation and offshore projects. Mr. Yamashita is a Japanese citizen.

Shigeaki Ihara

Boardmember

Shigeaki Ihara is a General Manager, Fifth Dept. Division III (South America), Infrastructure Projects Business Unit at Mitsui & Co., Ltd. (“Mitsui”). He started his career at Mitsui in 1997. He has experience in infrastructure projects related to power generation and offshore oil & gas production. Mr. Ihara is a Japanese citizen.