Carbon Transition names interim CEO

Oslo-listed investment company Carbon Transition, formerly known as Axxis Geo Solutions, has appointed Nils Haugestad as its interim chief executive.

Haugestad will also continue to serve as the company’s chief financial officer. He will take over from Ronny Bøhn, who resigned last month after more than a year in charge.

Meanwhile, Bjørn Gisle Grønlie, chairman of Carbon Transition, will assume the position of executive chairman and assist the company in this interim period. 

The Norwegian seismic player, Axxis Geo Solutions, changed its name to Carbon Transition back in August. The seismic business continued going forward, with contracts and data library expected to generate revenues to finance the new strategy to invest in the energy transition plays. Earlier this month, the company struck a $2.2m deal to lease its Utsira multi-client library.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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