Marco Beenen holds the position as Chief Executive Officer of BW Offshore.
Mr. Beenen was appointed Chief Operation Officer of BW Offshore in 2016, responsible for the global operations and development of BW Offshore's fleet of FPSOs. He joined BW Offshore in 2012 as Vice President Business Development, followed by the position as Senior Vice President Fleet, responsible for operations in West Africa.
Mr. Beenen is Chairman of the Board of Directors of BW Ideol, and a member of the Board of Directors of BW Energy.
Prior to joining BW Offshore, Mr. Beenen has held executive positions in the Netherlands and USA as President of GustoMSC Inc and Vice President Engineering with SBM Offshore.
He holds a Master’s Degree in Naval Architecture and Offshore Hydrodynamics of Delft University of Technology.
Ståle Andreassen holds the position as Chief Financial Officer of BW Offshore.
Mr. Andreassen came from the position as SVP Finance and joined the company in 2008.
Prior to joining BW Offshore, Mr. Andreassen spent 8 years working for Deloitte in Norway and UK, where he held several positions, lastly as Senior Manager in Audit and Assurance.
Mr. Andreassen holds a MSc in Business from Bodø Graduate School of Business in Norway and an MBA from the Norwegian School of Economics (NHH). He is also a state-authorised public accountant in Norway.
Kei Ikeda holds the position as Chief Operating Officer of BW Offshore.
Mr. Ikeda was appointed Head of Projects of BW Offshore in 2016. He joined the company in 2012 as Project Manager, thereafter holding the position of Senior Vice President Project Execution.
Prior to joining BW Offshore, Mr. Ikeda spent 14 years with Modec as Project Engineer and subsequently Project Manager responsible for delivery of a number of successful FPSO projects.
Mr. Ikeda holds Bachelor and Master Degrees both in Mechanical Engineering from Tokyo University, Japan.
Rune Bjorbekk holds the position as Chief Commercial Officer of BW Offshore.
Mr. Bjorbekk has 20 years experience from the oil and gas contracting sector, starting in APL (Advanced Production & Loading) in 1995. Within APL he has held several positions including Project Manager, Fabrication Manager and Head of Supply Chain. In BW Offshore, Mr. Bjorbekk has held several responsibilities including Project Manager, VP Modification Projects and SVP Asset Management & Commercial in the operating division.
Mr. Bjorbekk is responsible for all commercial activities company-wide.
He holds a M.Sc. in Offshore Technology from the University of Stavanger, Norway.
Magda K. Vakil
Magda Karim Vakil holds the position as General Counsel.
Ms. Vakil joined BW Offshore in 2008 as a member of the Corporate and Strategic Development division. Her current area of responsibility covers all legal affairs of the company.
Ms. Vakil's past experience includes in-house positions mainly within the oil & energy and finance sectors (Norsk Hydro ASA and NBIM) and private practice work as a transactional, corporate and finance lawyer (Allen & Overy, Slaughter & May and VSCF).
She graduated with a Law Degree and completed a Masters in EU Law from the Law faculty University of Lisbon in Portugal. She is admitted to the Portuguese bar and she qualified as an English Solicitor with College of Law in London.
Mr McAreavey was appointed Head of Operational Integrity of BW Offshore in 2017. He joined the company in 2014 as Engineering Manager.
Prior to joining BW Offshore, Mr McAreavey held various engineering and technical management positions within EPC and Operating companies, including Woodside Energy and SBM Offshore.
Mr McAreavey holds a Bachelor of Engineering in Process and Chemical Engineering from Heriot-Watt University in Edinburgh. Mr McAreavey is a Fellow of the Institute of Chemical Engineers.
Her role is to ‘enable business through people’ by facilitating and supporting line managers in the areas of organisational culture, structure and development, staffing, competence development, performance management and rewards.
Mrs Schnitler joined BW Offshore in 2017. The last 10 years she has worked in Aker Solutions and Kvaerner within HR management, quality management, continual improvement, including change and reorganisation projects. Prior to that she spent six years as a management consultant in DNV GL. Previously Schnitler worked as an approval engineer in DNV GL and worked two years in USA at the Philly Shipyard during the yard development and construction period.
Mrs Schnitler holds a MSc within Naval Architecture from NTNU, the Norwegian University of Science and Technology
Hans Kristian Langsrud
Mr Langsrud holds the responsibility for engineering in support of projects and for technical & maintenance support team working with our fleet.
Mr Langsrud has 20 years of experience from the oil & gas industry. He has worked on many different types of offshore and onshore developments, floaters and fixed platforms. Langsrud started his career in Astilleros Espanoles, focusing on Shuttle tankers and FPSOs, but he soon moved on to what is now Aker Solutions. At Aker he worked with engineering, and greenfield oil & gas development projects. He was Engineering Manager when he left the Company in 2011 to join BWO.
Mr Langsrud joined BWO as Engineering Manager and has held the position of Senior Vice President for Engineering since 2012.
He holds a Master of Science in Marine Technology, from the Norwegian University of Technology and Science in Trondheim.
Mr Skyum joined BW Offshore in 2014 as SVP Supply Chain and has more than 23 years’ experience within Supply Chain and Procurement. He was appointed as Head of Supply Chain in 2018.
Prior to joining BW Offshore, Mr Skyum was Director of Procurement at PwC (South east Asia), and has held several international positions in A.P. Moller Maersk.
Mr Skyum is educated within the Maersk system and has completed the Maersk International Shipping Education program and various courses at IMD.
Ms Hilst joined BW Offshore in June 2022 as SVP Compliance. Her current remit covers a broad scope of compliance subject matters and programme management, in addition to administrative responsibility for the internal audit function.
Ms Hilst has prior compliance leadership experience in global industrial, manufacturing, and energy companies and as an advisor to the same while working as outside counsel. Ms Hilst also served as a judicial law clerk at the US Court of International Trade.
She has a bachelor of science in finance from the University of Illinois Urbana-Champaign (USA) and a juris doctorate degree with a certificate in international law from the Chicago-Kent College of Law (Chicago, Illinois). Ms Hilst is a member of the bars in Illinois, New York (state), and Washington, DC.
Mr Ekløff joined BW Offshore in 2004 as SVP IT and Systems, and in 2019 he was appointed as Head of IT and Systems.
He has more than 30 years of experience within IT and Telecom, and prior to joining BW Offshore, Mr. Ekløff held positions at Ericsson and Telenor.
Mr Ekløff holds a Bachelors degree in Finance and ICT, and a Master in Management from BI, the Norwegian Business School.
Board of Directors
Andreas Sohmen-Pao is Chairman of BW Group and listed affiliates BW Offshore, BW LPG, Hafnia, BW Epic Kosan, BW Energy and Cadeler. He is Chairman of the Global Centre for Maritime Decarbonisation, a director of Navigator Holdings and a trustee of the Lloyd’s Register Foundation.
Mr Sohmen-Pao was previously Chairman of the Singapore Maritime Foundation and has served as a non-executive director of Hongkong and Shanghai Banking Corporation Ltd, London P&I Club, Esplanade Co Ltd, National Parks Board Singapore, Sport Singapore and the Maritime and Port Authority of Singapore amongst others.
Mr Sohmen-Pao graduated from Oxford University in England with an honours degree in Oriental Studies and holds an MBA from Harvard Business School.
Rebekka Glasser Herlofsen
Rebekka Glasser Herlofsen has 25 years of experience from the shipping and finance industries, and has served on the management teams of leading Norwegian shipping companies such as Bergesen / BW Gas, Klaveness and Wallenius Wilhelmsen.
Ms. Herlofsen also has had significant exposure to board work through nearly 20 years of serving in different capacities on Norwegian and international boards, including as Chair, Vice-Chair, and Chair of Audit Committees.
Ms. Herlofsen recently stepped down from her position as CFO of Wallenius Wilhelmsen ASA in order to operate full time as an independent board professional, consultant, and investor. She is currently a board member of Equinor ASA, Rockwool International A/S, SATS ASA, Klaveness Combination Carriers ASA, Wilh. Wilhelmsen Holding ASA and chairman of the board of the marine insurer Norwegian Hull Club. Prior to joining Wallenius Wilhelmsen, Ms. Herlofsen was the CFO of Torvald Klaveness Group, and prior to that Director Business Development for BW Gas. Ms. Herlofsen started her career in investment banking, spending five years with Enskilda Securities in Oslo, Stockholm and London.
Throughout her career, Ms. Herlofsen has served on a number of boards, including as Chairman of Cermaq ASA, and as a member of the DNV GL board.
Ms. Herlofsen holds a degree in business («Siviløkonom») from the Norwegian School of Economics and Business, and is a certified financial analyst from the same business school.
Ms. Herlofsen is independent from the Company’s management, major shareholders and principal business associates.
Maarten R. Scholten
Maarten R. Scholten, Director has over 30 years of extensive legal, financial and operational experience in the upstream oil and gas sector.
Mr Scholten has held senior and executive positions at Schlumberger spanning two decades. During his career at Schlumberger, Mr Scholten was Director of Legal Service, Head of Finance, President Schlumberger Oilfield Services ECA (Europe, Africa and CIS), and Director Mergers & Acquisitions/Business Development.
From 2006 - 2009 he was Co-founder and Co-executive Director of Delta Hydrocarbons SA and from 2013 to 2017 he was the General Counsel at Total SA.
Mr Scholten holds a Master of Science in politics from the University of Paris (Sorbonne) and a JD Commercial Law from the University of Amsterdam. Mr Scholten is a Dutch citizen.
Mr Scholten is independent from the Company's management, major shareholders and principal business associates.
René Kofod-Olsen has more than 25 years’ experience in the shipping and energy industries.
Mr Kofod-Olsen was appointed CEO of V.Group in November 2020. He started his career in the A.P. Møller-Maersk Group, where he held a variety of executive positions in numerous countries, including Chief People Officer of the SVITZER Group, Chief Executive Officer of SVITZER Asia, Middle East & Africa. In 2012 Mr Kofod-Olsen was appointed Chief Executive Officer of Topaz Energy & Marine, a position he held until the company’s successful acquisition by the DP World Group in 2019, where he became Chief Executive Officer of the combined P&O Maritime Logistics, stepping down after its completed integration in 2020.
Mr Kofod-Olsen has pursued an Advanced Executive Program at Harvard Business School, and Senior Executive programs at INSEAD, IMD and holds a Graduate Diploma in Organization and Marketing from University of Southern Denmark.
Mr Kofod-Olsen is independent from the Company’s management, major shareholders and principal business associates.
Carl Krogh Arnet
Carl Krogh Arnet has more than 40 years’ experience in the oil and gas industry.
Mr. Arnet is currently the Chief Executive Officer of BW Energy Ltd. Prior to this role, he was the Chief Executive Officer of BW Offshore Limited. Previously, Mr. Arnet was the Managing Director of Advanced Production and Loading (APL), and had held various positions at Norsk Hydro (Statoil Hydro) and Conoco UK in the period from 1981 to 1996.
Mr. Arnet holds a M.Sc. from the Norwegian University of Science and Technology (NTNU) and an MBA from the Norwegian School of Management (BI). He holds a number of other board memberships and chairmanships in non-related companies and was a non-executive director of the Maritime and Port Authority of Singapore until February 2021.
The Nomination Committee is responsible for nominating candidates for election as directors, providing recommendations on the suitability of candidates as a director and to make recommendations for the remuneration of the directors. The Nomination Committee also proposes candidates for election to the Nomination Committee and proposes the remuneration to be paid to the members of the Nomination Committee. The Nomination Committee comprises Mrs Sophie Smith (Chair), Mr Bjarte Bøe and Ms Elaine Yew Wen Suen as members.
All shareholders are entitled to propose candidates for the Board to the Nomination Committee. Proposals must be submitted to the Nomination Committee by 1 February each year in order to be taken into consideration at the the company’s AGM.
All proposals shall be sent by email to firstname.lastname@example.org
The Audit Committee is responsible for approving the Board’s annual review of the Company’s most important areas of exposure to risk and its internal control arrangements, as well as an annual supervisory plan for internal audit work.
The Audit Committee follows up on internal controls in connection with quarterly reviews of the Group’s financial reporting. At least once a year, the Board and the Audit Committee review the Company’s internal control procedures relating to its financial reporting process. The Audit Committee consists of Ms Rebekka Glasser Herlofsen (Chairman) and Mr René Kofod-Olsen, both of whom are also members of the Board.
Technical and Commercial Committee
The Technical and Commercial Committee is responsible for reviewing commercial and technical matters of the Company’s operations, reviewing marketing and tender activities, and matters relating to the undertaking of any technology development and innovation projects, as well as management of risk and opportunities related to these activities. The Technical and Commercial Committee consists of Mr Carl K. Arnet (Chairman) and Mr Maarten R. Scholten, both of whom are also members of the Board.
The Compensation Committee ensures thorough and independent preparation of matters relating to compensation paid to the Executive Personnel. The Compensation Committee consists of Mr Andreas Sohmen-Pao (Chairman) and Mr Maarten R. Scholten, both of whom are also members of the Board.
At BW Offshore, we conduct our business with high ethical standards and in compliance with relevant laws. We hold ourselves to high standards, and we expect the same from our external stakeholders and partners. Read more about corporate governance.
Mrs. Sophie Smith joined BW Group in August 2021 as the Chief Human Resources Officer. Mrs. Smith’s focus is the people strategy for BW Group, of which one key element is the identification and development of talent.
Before joining BW Group, Mrs Smith was HR Director for the EMEA and then the APAC regions of Experian. While at Experian she designed the company’s global strategy on the Future of Work, securing board approval. She also took a lead role in acquisition integrations as well as divestment planning. Prior to Experian, Mrs Smith spent time at 3i and was accountable for the company’s global early career and talent development programmes. Before 3i she was Head of HR for Corporate Functions at the Royal Bank of Scotland, supporting the bank though a significant period of restructuring and cultural transformation. She started her career at Rolls-Royce, spending time living and working in China and Singapore.
Mrs. Smith has a first class honours degree from Durham University and is a member of the Chartered Institute for Personnel and Development.
Ms Elaine Yew Wen Suen is a Senior Partner in Egon Zehnder, one of the world’s largest executive search and talent strategy firm. Ms Yew’s focus is on CEO and C-suite succession planning, and board effectiveness and she also advises clients on CEO development, top team effectiveness, and organisational culture.
Before joining the firm, Ms Yew led an industry change program while at Global Freight Exchange, the world’s first Internet-based global marketplace for air cargo. Prior to that, she was Executive Director with Goldman Sachs in the European Equities Division and was a Consultant with Monitor Company. Ms Yew started her career with the Singapore Economic Development Board, helping Singapore companies develop their presence in Indochina and Myanmar in the early 1990s. She currently serves on the Board of Trustees of the National University of Singapore and chairs the Industry Advisory Board of NUS’ Centre for FutureReady Graduates. Ms Yew also serves on the Board of Governors of the Convent of the Holy Infant Jesus group of schools in Singapore, the Board of Workforce Singapore and the Advisory Board of Women’s Forum Singapore. Ms Yew is a member of the Asia Advisory Board of Allianz and sits on the board of The Majurity Trust and chairs the Tangent Initiative.
Ms Yew has a BA with Honours in English and Drama from the University of Kent and an MBA from INSEAD in Fontainebleau, France.
Mr Bjarte Bøe has over thirty years of experience in the finance industry. He currently serves as a Director of Hermitage Offshore, a NYSE listed company and Agera Venture, a Norwegian venture capital company.
Mr Bøe is a member of the Nomination Committee of BW Offshore Limited and Chairman of the Investment Committee at SEB Venture Capital, a subsidiary of Skandinaviska Enskilda Banken AB (publ), or SEB, a Nordic financial services group, where from 1995 to June 2019, he held a range of management positions. He most recently served as Head of Shipping and Offshore Finance at SEB, and was Global Head of Investment Banking at SEB Stockholm between 2012 and 2016. Mr Bøe previously held various other bank related management positions at Christiania Bank between 1986 and 1995, a Norwegian bank that later merged with MeritaNordbanken to become Nordea, and was a shipbroker at R.S. Platou between 1983 and 1986.
Mr Bøe has an MBA from the Norwegian School of Economics and Business Administration, graduated in 1983.