Board of directors

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The Ocean Installer Board of directors is comprised of people with comprehensive knowledge of and experience from the oil and gas sector.
  • Olav Haugland, Chairman

    Haugland has a broad business experience from 25 years of CFO responsibilities in the shipping and oil service industries. He has held executive positions both within public companies such as Sinvest ASA, Kistefos AS and Farstad Shipping ASA. Haugland has worked in an international setting for many years and is able to adopt to different business cultures, with practical experience from international negotiations covering transactions, financing and cross border tax and legal structures. Haugland is a qualified CPA and has a Master of Science in Economics and Business Administration from NHH.
  • Tor Espedal, Non-executive Director

    Espedal, Senior Partner in HitecVision since 2010, has more than 23 years of experience from the international oil and gas industry. In addition to having served as Vice President of Subsea 7’s activities on the Norwegian Continental Shelf, he has worked a number of years in Statoil and has broad experience in the area of international Exploration & Production strategy.
  • Ola Sætre, Non-executive Director

    Sætre has 35 years of experience from the petroleum industry, and is a co-founder of HitecVision and its predecessor Hitec. He was Executive Vice President at Hitec, and has previously held executive-level positions in corporate management, marketing, operations, manufacturing and project management. In these capacities Sætre was involved in numerous negotiations and was responsible for the acquisition of licensed technologies.