![Karl Kjelstad](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Karl Kjelstad
Chief Executive Officer at
AKASTOR ASA
Net worth: 2 M $ as of 2026-04-29
Profile
Karl Erik Kjelstad is currently Chief Executive Officer at Akastor ASA since 2018 and at Akastor AS.
He is Chairman at Eviny AS starting 2025, Backe AS since 2018, DOF Deepwater AS, Byesvollen AS, Cognizant Oil & Gas Consulting Services Norway AS, and Aker Carbon Capture ASA starting 2025.
He serves as Director at Akastor Offshore AS, Aker MH AS, DDW Offshore AS, Hmh Holding B.V., NES Fircroft Ltd., and NES Global Talent Ltd. since 2017.
He is also Director at HMH Holding, Inc. starting 2026, Independent Director at Norconsult ASA starting 2024, and Principal at Solstad Maritime ASA starting 2025.
Former roles include President & Chief Executive Officer at Aker Yards ASA from 2003 to 2007, Chairman at Philly Shipyard ASA, Odim ASA, MacGregor Pusnes AS, and NES Advantage Solutions Group AS, Non-Executive Director at Ezra Holdings Ltd. from 2011 to 2013, Director at Transocean Norway Drilling AS from 1998 to 2009, and Director at IKM Løfteteknikk As, MHWirth AS, AGR AS, AMC Connector AS.
Other former positions include President-Maritime Technologies & Senior Partner at Aker ASA and Executive Vice President at Aker Solutions ASA. Education includes graduation from the Norwegian University of Science & Technology.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
AKASTOR ASA 0.36% | 2026-03-16 | 1,000,000 ( 0.36% ) | 2 M $ | 2026-04-29 |
Karl Kjelstad active positions
| Companies | Position | Start |
|---|---|---|
| AKASTOR ASA | Chief Executive Officer | 2017-12-31 |
| AKER CARB | Chairman | 2025-04-28 |
| NORCONSULT ASA | Director/Board Member | 2024-04-30 |
Ddw Offshore as
 Ddw Offshore as Marine ShippingTransportation Operates anchor handling tug supply vessels | Director/Board Member | - |
Akastor AS
 Akastor AS Oilfield Services/EquipmentIndustrial Services Provides oil and gas services | Chief Executive Officer | - |
Eviny AS
 Eviny AS Alternative Power GenerationUtilities Provides renewable and hydropower energy production services | Chairman | 2024-12-31 |
NES Fircroft Ltd.
 NES Fircroft Ltd. Personnel ServicesCommercial Services Provides scientific and technical recruitment services | Director/Board Member | - |
Backe AS
 Backe AS Real Estate DevelopmentFinance Provides project development, contractor and property management services | Chairman | - |
NES Global Talent Ltd.
 NES Global Talent Ltd. Personnel ServicesCommercial Services Provides staffing and recruitment services | Director/Board Member | 2017-01-25 |
Former positions of Karl Kjelstad
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| ░░░░░░ ░░░░░░░░ ░░░ | ░░░░░░░░ | - |
| ░░░░ ░░░░░░░░ ░░░░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | - |
Training of Karl Kjelstad
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
53
1st degree connections
28
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 28 |
|---|---|
Philly Shipyard ASA
 Philly Shipyard ASA Trucks/Construction/Farm MachineryProducer Manufacturing Engages in construction of vessels | Producer Manufacturing |
Aker Yards ASA
 Aker Yards ASA Trucks/Construction/Farm MachineryProducer Manufacturing Provides ship building services | Producer Manufacturing |
Eviny AS
Eviny AS Alternative Power GenerationUtilities Provides renewable and hydropower energy production services | Utilities |
Ezra Holdings Ltd.
 Ezra Holdings Ltd. Oilfield Services/EquipmentIndustrial Services Provides offshore support services for oil and gas industry | Industrial Services |
Akastor ASA
 Akastor ASA Contract DrillingIndustrial Services Operates as a holding company whose subsidiaries engage in the provision of oilfield services | Industrial Services |
Aker ASA
 Aker ASA Financial ConglomeratesFinance Operates as an industrial investment company | Finance |
Odim ASA
 Odim ASA Industrial MachineryProducer Manufacturing Develops, contracts, and assembles equipment for the marine seismic and navel defense industry | Producer Manufacturing |
Transocean Norway Drilling AS
 Transocean Norway Drilling AS Contract DrillingIndustrial Services Owns and operates offshore drilling rigs | Industrial Services |
Norwegian University of Science & Technology
 Norwegian University of Science & Technology Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
AKOFS Offshore AS
 AKOFS Offshore AS Oilfield Services/EquipmentIndustrial Services Provides vessel-based subsea well installation and intervention services to the oil and gas industry | Industrial Services |
Norconsult ASA
 Norconsult ASA Engineering & ConstructionIndustrial Services Provides consulting services for engineering, architectural and digital expertise projects | Industrial Services |
Backe AS
Backe AS Real Estate DevelopmentFinance Provides project development, contractor and property management services | Finance |
Aker MH AS
 Aker MH AS Oilfield Services/EquipmentIndustrial Services Manufactures oil drilling equipment | Industrial Services |
Føn Energy Services Norway AS
 Føn Energy Services Norway AS Engineering & ConstructionIndustrial Services Provides offshore lift and crane equipment and services | Industrial Services |
MacGregor Pusnes AS
 MacGregor Pusnes AS Industrial MachineryProducer Manufacturing Manufactures and distributes deck machinery as well as mooring and loading equipment for marine and offshore applications | Producer Manufacturing |
DOF Deepwater AS
 DOF Deepwater AS Other TransportationTransportation Provides marine services | Transportation |
AMC Connector AS
 AMC Connector AS Trucks/Construction/Farm MachineryProducer Manufacturing Operates a subsea installation and construction vessel | Producer Manufacturing |
Byesvollen AS | |
Aker Solutions ASA
 Aker Solutions ASA Alternative Power GenerationUtilities Operates wind and renewable energy projects, electrification and subsea construction services | Utilities |
NES Global Talent Ltd.
NES Global Talent Ltd. Personnel ServicesCommercial Services Provides staffing and recruitment services | Commercial Services |
Akastor AS
Akastor AS Oilfield Services/EquipmentIndustrial Services Provides oil and gas services | Industrial Services |
NES Advantage Solutions Group AS
 NES Advantage Solutions Group AS Miscellaneous Commercial ServicesCommercial Services Provides staffing, consulting and other outsourcing services | Commercial Services |
MHWirth AS
 MHWirth AS Trucks/Construction/Farm MachineryProducer Manufacturing Manufactures mining and construction machinery & equipment | Producer Manufacturing |
Cognizant Oil & Gas Consulting Services Norway AS
 Cognizant Oil & Gas Consulting Services Norway AS Miscellaneous Commercial ServicesCommercial Services Provides information technology outsourcing and business process outsourcing services | Commercial Services |
Aker Carbon Capture AS
 Aker Carbon Capture AS Industrial MachineryProducer Manufacturing Develops post-combustion carbon capture machinery that reduces carbon dioxide emission | Producer Manufacturing |
NES Fircroft Ltd.
NES Fircroft Ltd. Personnel ServicesCommercial Services Provides scientific and technical recruitment services | Commercial Services |
AGR AS
 AGR AS Information Technology ServicesTechnology Services Provides engineering consulting and software services | Technology Services |
Ddw Offshore as
Ddw Offshore as Marine ShippingTransportation Operates anchor handling tug supply vessels | Transportation |
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