Aker Carbon Capture announced the appointment of Egil Fagerland as its new Chief Executive Officer with effect from July 11, 2023. Fagerland will replace Valborg Lundegaard, who is stepping down to focus on her health and family. Fagerland is currently CFO of Aker Carbon Capture and has been with the company since April 2021.

Since 2021, Fagerland has been instrumental in the development and expansion of Aker Carbon Capture. He came to Aker Carbon Capture from DeepOcean, where he was head of ERP and Business Systems. He previously held various roles in Aker Solutions from 2012 till 2020, including as senior vice president, group controlling and financial systems. He has over a decade of experience in finance, project management, business systems and operational improvements from the energy industry. Fagerland holds an MSc in Economics and Business Administration from the Norwegian School of Economics (NHH).

With the transition of Fagerland to the CEO position, the company has initiated a recruitment process to hire a new CFO. Petter Natås will serve as interim CFO. Natås comes from the position of group chief controller at Aker Horizons.