Board of Directors

Jan P. Grimnes

CHAIR OF THE BOARD

Mr. Grimnes (1961) has been Chair of the Board since April 2021. He also currently serves as Chair of the Board at Geoteric (Foster Findlay Associates Limited) and is a board member of Adrega AS. Mr. Grimnes has extensive board experience, having previously served on the boards of Magseis Fairfield ASA, Fara AS, Q-Free ASA, and SPT Group AS. In 1996, Mr. Grimnes founded Technoguide, the company that developed and commercialized Petrel, the world’s leading E&P software. He held dual roles as Chair and CEO of Technoguide. Mr. Grimnes holds a master’s degree in petroleum engineering from the Norwegian University of Science and Technology (NTNU) and a master’s degree in business/managerial economics from the Norwegian School of Economics (NHH).

Nina Bjærum

MEMBER OF THE BOARD

Nina Bjærum (1987) has been a Board Member since October 2024. Ms Bjærum has more than 10 years of experience in marine operations and currently serves as the Marine Operations Manager at Global Maritime. She has previously worked as an Installation Analysis Engineer at Subsea7 and as a Tender Engineer at Nexans. Additionally, Ms Bjærum has held various board roles. Bjærum holds a master’s degree in technology (Mechanical Engineering, Applied Mechanics) from the Norwegian University of Science and Technology (NTNU).

Lars Petter Utseth

MEMBER OF THE BOARD

Lars Petter Utseth joined Kistefos in 2019. Prior to joining Kistefos, Mr. Utseth worked in the Investment Banking Division at SpareBank1 Markets, focusing on M&A and ECM transactions. Mr. Utseth holds a MSc in Finance from the Norwegian School of Economics (NHH).

UiO Eva Dobos

Inger Berg Ørstavik

MEMBER OF THE BOARD

Inger Berg Ørstavik (1974) has been a Board Member since October 2024 . Ms Ørstavik is a lawyer with a PhD in law from the University of Oslo. She has worked as an attorney-at-law at the Office of the Attorney General for Civil Affairs in Norway and as a senior lawyer and partner in Schjødt’s intellectual property and litigation team. Currently, she serves as a professor in the Department of Private Law at the University of Oslo and is currently a board member in Nordic Semiconductor ASA.

Hugo Alexandre Lima Santos

MEMBER OF THE BOARD, EMPLOYEE REPRESENTATIVE

Hugo Alexandre Lima Santos (1977) has been an employee elected member of the Board since September 2024. Santos has extensive experience from the international seismic exploration arena. He has been employed as Operations Manager at Argeo since June 2024. Before joining Argeo, Santos held several positions at PGS, including Operations Manager. He is also a founding partner at IM Group Consulting. He holds a BSc from the University of Glamorgan.

Liam Flood

MEMBER OF THE BOARD, EMPLOYEE REPRESENTATIVE

Liam Flood (1982) has been an employee elected member of the Board since September 2024. Flood has profound expertise in design thinking and business model innovation, particularly related to new, sustainable and digital technologies. He has been employed by Argeo since February 2024 as Project Manager. Prior to joining Argeo, he held various positions, including CEO and Head of Operations at Nordlys.Studio AS, as well as several roles at Magseis Fairfield ASA. He holds a Master of Business Administration from BI Norwegian Business School and a BSc from Newcastle University.

Latest news

Fourth-quarter and unaudited full-year 2024 results

Fourth-quarter and unaudited full-year 2024 results

Feb 27, 2025 |

Revenue for Q4 amounted to USD 5.4 million, marking an increase of 440% year-over-year (YoY). EBITDA amounted to USD -5.7 million, alongside an EBIT of USD -7.9 million. Net profit for the quarter was USD -8.5 million, improving from USD -9.4 million in Q4 2023....

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