Board of directors

Terje Arnesen - Chairman of the Board

Terje Arnesen has over 30 years experience in the marine equipment and oil service industry. At present he holds the position as CEO in Perfect Temperature Group AS, and has experience from previous positions as CEO at Rapp Marine Group, Rocksourse ASA, Scana Propulsion, Bergen Group ASA, Bennex Group and EVP Service in Rolls-Royce Marine. Several of these CEO positions have been turnaround and/or strategic reposition cases to deliver growth and regain profitability. Terje holds a Bachelor in Automotive and EMBA from BI Business School in Oslo and ESCP in Paris.

Jan Ellevset

Jan Ellevset has 35 years experience with Equinor, formerly Statoil, an upstream oil and gas company in Norway. Within Equinor he has been working with small technology companies and commercialization of technology for 25 years. He is now working for Equinor Technology Ventures, whose mission is to invest in small, innovative technology companies that have a technology that can improve Statoil’s operations. Jan holds multiple Board positions in various technology companies and has a Masters in Economics and Business Administration from Business School in Bergen, Norway.

Nick Andrews

Nick Andrews works with companies to create value for shareholders and employees, through working with corporate management to implement effective financing, corporate and legal objectives. Over the past 20 years, he has owned, developed and sold clean energy companies, and now serves on a number of private company boards. Prior to his career in clean energy, Nick worked as an investment banker for Deutsche Bank and Bankers Trust in New York and Toronto. He holds a degree in Economics from McGill University, an MBA from the Rotman School of Management, and a law degree from the University of Toronto.

Christian Bonfils

Christian Bonfils is Managing Director (MD) of BW Dry Cargo, an Affiliate of BW Group. BW Group is a global maritime company involved in oil and gas production and shipping with a controlled fleet of over 400 vessels. As MD, Christian is part of BW Group’s Executive Committee and brings extensive experience in entrepreneurship, strategy development and execution to the leadership team. Christian has over 20 years of experience in shipping and in particular a strong focus on innovation. Christian was previously the founder and CEO of Nordic Bulk Carriers from 2009-2015, a company which pioneered sailing on the Northern Sea Route. Christian received executive qualifications from INSEAD.

Morten Roesaeg

Morten Roesaeg is a Senior Vice President responsible for Business Development – New Technologies and a member of the Energy Management Group in Norsk Hydro. Morten has more than 30 years experience from various positions within Norsk Hydro related to project management and industrial chemicals, including Head of Power Operations and Head of Energy Supply & Development. Morten has a Masters in Chemical Engineering from NTNU in Trondheim, Norway and has experience from several Board positions.

Mark Gainsborough

Mark has spent over 30 years in the energy industry in a range of roles for Royal Dutch Shell, having worked in the UK, Turkey, Singapore and the Netherlands. After roles in sales, marketing, supply chain, strategy and M&A, he is now the head of Shell's growing New Energies Business, investing in renewable power, biofuels and other low carbon solutions to help address climate change. He also works with major conservation NGOs to develop nature based solutions such as reforestation projects to create carbon sinks. He has a first degree in psychology and a masters in environmental policy and has been involved in many of Shell's efforts to progress its sustainable development agenda over the last two decades. He is a fellow of the UK Energy Institute. Outside of the energy industry, he also served for 5 years as a board member on one of the UK's National Health service trusts.