Karl Erik Kjelstad
Chief Executive Officer at AKASTOR ASA
Net worth: 705 901 $ as of 2024-03-30
Profile
Karl Erik Kjelstad currently works at Akastor ASA, as Chief Executive Officer from 2018, Backe AS, as Chairman, DOF Deepwater AS, as Chairman, Byesvollen AS, as Chairman, Cognizant Oil & Gas Consulting Services Norway AS, as Chairman, AKOFS Offshore AS, as Director, Aker MH AS, as Director, AMC Connector AS, as Director, NES Global Talent Ltd., as Director from 2017, MHWirth AS, as Director, NES Fircroft Ltd., as Director, and AGR AS, as Director.
Mr. Kjelstad also formerly worked at Aker Yards ASA, as President & Chief Executive Officer from 2003 to 2007, Philly Shipyard ASA, as Chairman, Odim ASA, as Chairman, MacGregor Pusnes AS, as Chairman, NES Advantage Solutions Group AS, as Chairman, Ezra Holdings Ltd., as Non-Executive Director from 2011 to 2013, Transocean Norway Drilling AS, as Director from 1998 to 2009, Aker ASA, as President-Maritime Technologies & Senior Partner, and Aker Solutions ASA, as Executive Vice President.
Mr. Kjelstad received his graduate degree from Norwegian University of Science & Technology.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
AKASTOR ASA
0.26% | 2023-03-21 | 700,000 ( 0.26% ) | 705 901 $ | 2024-03-30 |
Karl Erik Kjelstad active positions
| Companies | Position | Start |
|---|---|---|
| AKASTOR ASA | Chief Executive Officer | 2017-12-31 |
NES Fircroft Ltd.
 NES Fircroft Ltd. Personnel ServicesCommercial Services NES Fircroft provides engineering and technical services. The company is headquartered in the United Kingdom. | Director/Board Member | - |
Backe AS
 Backe AS Real Estate DevelopmentFinance Backe AS provides construction services. It develops residential and commercial properties. The company was founded by Gunnar M. Backe on January 29, 1946 and is headquartered in Lysaker, Norway. | Chairman | - |
MHWirth AS
 MHWirth AS Trucks/Construction/Farm MachineryProducer Manufacturing MHWirth AS provides drilling solutions and services. Its products include structures and traveling equipment for both onshore and offshore operation; drilling, make and break equipment; handling equipment and cranes; motion compensation systems; remote controlled systems; drilling fluid processing and high pressure manifolds; drilling risers; pile top drill rigs; and slurry pumps. The firm also offers drilling lifecycle services, optimization services; overhaul, installation, and commissioning; spare parts services; and support services. The company is headquartered in Kristiansand, Norway. | Director/Board Member | - |
NES Global Talent Ltd.
 NES Global Talent Ltd. Personnel ServicesCommercial Services Part of NES Global Talent LP, NES Global Talent Ltd. is a leading workforce solutions provider to the technical and engineering industries. The private company is based in Altrincham, UK. With 80 locations across six continents, NES Fircroft delivers award-winning workforce solutions to engineering and technical sectors worldwide, supporting over 25,000 contractors. NES Global Talent has 50 years of experience in sourcing and mobilizing oil and gas engineers for upstream sectors, remote oilfields, and deep-water offshore sites. Additionally, the British company has decades of experience in delivering effective contingent workforce solutions and mobilization programs for energy businesses globally. NES Global Talent is also an experienced staffing provider to ICT, supplying technical staff across digital transformation, cybersecurity, cloud solutions, and telecommunications. Founded in 2012, the company leverages its talent pool to find c-suite personnel for innovative board solutions and succession planning. | Director/Board Member | 2017-01-25 |
Cognizant Oil & Gas Consulting Services Norway AS
 Cognizant Oil & Gas Consulting Services Norway AS Miscellaneous Commercial ServicesCommercial Services Cognizant Oil & Gas Consulting Services Norway AS provides information technology outsourcing and business process outsourcing services. The company was founded in 2014 and is headquartered in Fornebu, Norway. | Chairman | - |
Aker MH AS
 Aker MH AS Oilfield Services/EquipmentIndustrial Services Part of Akastor ASA, Aker MH AS is a Norwegian company that manufactures oil drilling equipment. The private company is based in Kristiansand, Norway. | Director/Board Member | - |
| Byesvollen AS | Chairman | 2011-08-21 |
AMC Connector AS
 AMC Connector AS Trucks/Construction/Farm MachineryProducer Manufacturing AMC Connector AS operates a subsea installation and construction vessel. The private company is based in Fornebu, Norway. | Director/Board Member | 2011-08-21 |
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Former positions of Karl Erik Kjelstad
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Training of Karl Erik Kjelstad
| Norwegian University of Science & Technology | Graduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 5 |
|---|---|
| PHILLY SHIPYARD ASA | Producer Manufacturing |
| EZRA HOLDINGS LIMITED | Industrial Services |
| AKASTOR ASA | Industrial Services |
| AKER ASA | Finance |
| AKER SOLUTIONS ASA | Utilities |
| Private companies | 16 |
|---|---|
Aker Yards ASA
 Aker Yards ASA Trucks/Construction/Farm MachineryProducer Manufacturing Aker Yards ASA provides ship building services. The principal activity of the business is building vessels within the segments cruise & ferries, merchants & offshore and specialized vessels. The yards are placed in Finland, Germany, Romania, Brazil and in Norway. It has subsidiaries located in Romania, Brazil, Germany and Finland. The company is headquartered in Oslo, Norway. | Producer Manufacturing |
Odim ASA
 Odim ASA Industrial MachineryProducer Manufacturing Odim ASA develops, contracts, and assembles equipment for the marine seismic industry. It also offers handling equipment for towed sonar systems for the navel defense industry; and handling and installation equipment for subsea/deepwater infrastructure. The firm also provides cable handling equipment. The company was founded in 1974 and is headquartered in Hareid, Norway. | Producer Manufacturing |
Transocean Norway Drilling AS
 Transocean Norway Drilling AS Contract DrillingIndustrial Services Transocean Norway Drilling AS owns and operates offshore drilling rigs. The company was founded on May 8, 2000 and is headquartered in Stavanger, Norway. | Industrial Services |
AKOFS Offshore AS
 AKOFS Offshore AS Oil & Gas ProductionEnergy Minerals AKOFS Offshore AS provides subsea well intervention support. The frim offers drilling, well intervention and subsea intervention services. The company is headquartered in Oslo, Norway. | Energy Minerals |
Backe AS
Backe AS Real Estate DevelopmentFinance Backe AS provides construction services. It develops residential and commercial properties. The company was founded by Gunnar M. Backe on January 29, 1946 and is headquartered in Lysaker, Norway. | Finance |
Aker MH AS
Aker MH AS Oilfield Services/EquipmentIndustrial Services Part of Akastor ASA, Aker MH AS is a Norwegian company that manufactures oil drilling equipment. The private company is based in Kristiansand, Norway. | Industrial Services |
MacGregor Pusnes AS
 MacGregor Pusnes AS Industrial MachineryProducer Manufacturing MacGregor Pusnes AS is a Norwegian company that manufactures and distributes deck machinery, mooring, and loading equipment for marine and offshore applications. The company is based in Færvik, Norway. MacGregor Pusnes was acquired by MacGregor Norway AS from Akastor ASA on January 30, 2014 for $257.49 million. | Producer Manufacturing |
DOF Deepwater AS
 DOF Deepwater AS Other TransportationTransportation DOF Deepwater AS provides marine services. The joint venture company is based in Storebo, Norway. The CEO of the Norwegian company is Mons Svendal Aase. | Transportation |
AMC Connector AS
AMC Connector AS Trucks/Construction/Farm MachineryProducer Manufacturing AMC Connector AS operates a subsea installation and construction vessel. The private company is based in Fornebu, Norway. | Producer Manufacturing |
| Byesvollen AS | |
NES Global Talent Ltd.
NES Global Talent Ltd. Personnel ServicesCommercial Services Part of NES Global Talent LP, NES Global Talent Ltd. is a leading workforce solutions provider to the technical and engineering industries. The private company is based in Altrincham, UK. With 80 locations across six continents, NES Fircroft delivers award-winning workforce solutions to engineering and technical sectors worldwide, supporting over 25,000 contractors. NES Global Talent has 50 years of experience in sourcing and mobilizing oil and gas engineers for upstream sectors, remote oilfields, and deep-water offshore sites. Additionally, the British company has decades of experience in delivering effective contingent workforce solutions and mobilization programs for energy businesses globally. NES Global Talent is also an experienced staffing provider to ICT, supplying technical staff across digital transformation, cybersecurity, cloud solutions, and telecommunications. Founded in 2012, the company leverages its talent pool to find c-suite personnel for innovative board solutions and succession planning. | Commercial Services |
NES Advantage Solutions Group AS
 NES Advantage Solutions Group AS Miscellaneous Commercial ServicesCommercial Services NES Advantage Solutions Group AS provides staffing, consulting and other outsourcing services. The company is headquartered in Fornebu, Norway. | Commercial Services |
MHWirth AS
MHWirth AS Trucks/Construction/Farm MachineryProducer Manufacturing MHWirth AS provides drilling solutions and services. Its products include structures and traveling equipment for both onshore and offshore operation; drilling, make and break equipment; handling equipment and cranes; motion compensation systems; remote controlled systems; drilling fluid processing and high pressure manifolds; drilling risers; pile top drill rigs; and slurry pumps. The firm also offers drilling lifecycle services, optimization services; overhaul, installation, and commissioning; spare parts services; and support services. The company is headquartered in Kristiansand, Norway. | Producer Manufacturing |
Cognizant Oil & Gas Consulting Services Norway AS
Cognizant Oil & Gas Consulting Services Norway AS Miscellaneous Commercial ServicesCommercial Services Cognizant Oil & Gas Consulting Services Norway AS provides information technology outsourcing and business process outsourcing services. The company was founded in 2014 and is headquartered in Fornebu, Norway. | Commercial Services |
NES Fircroft Ltd.
NES Fircroft Ltd. Personnel ServicesCommercial Services NES Fircroft provides engineering and technical services. The company is headquartered in the United Kingdom. | Commercial Services |
AGR AS
 AGR AS Information Technology ServicesTechnology Services Part of ABL Group ASA, AGR AS is a Norwegian company that provides engineering consulting and software services. The private company is based in Skoyen, Norway. The company was founded in 2014. Svein Egil Sollund has been the CEO of the company since 2008. AGR was acquired by ABL Group ASA from Akastor ASA on April 18, 2023 for $35.42 million. | Technology Services |
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