Board of Directors

Nina Udnes Tronstad

Nina Udnes Tronstad - Chair

Nina Udnes Tronstad is a Senior executive with over thirty years of experience from both operational and strategic positions within the Oil and Gas sectors. She has held positions in Kværner, Aker Solutions and Statoil (Equinor).

Nina has executive management experience, both from oil company and contractors. This includes capital projects, reservoir and HPHT drilling, BD, oil trading and supply, refining, HSSE including sustainability, and IT.

She has international experience from working in four countries as well as various Board assignments in listed companies, foundations and public enterprises over the past fifteen years.

Brita Holstad

Brita Holstad - Deputy Chair

Brita Holstad has extensive strategic and technical experience within the oil and gas sector. She has held various technical subsurface positions in Elf Aquitaine, Revus Energy and Wintershall, and been consulting for Norsk Hydro and Statoil.

Ms. Holstad was a Managing Director at Hess Norge from 2010 to 2013 and Regional Director UK & Norway at Cairn Energy from 2013 to 2020. During her years with Cairn, the company pre-qualified as an operator in Norway, built a strong exploration portfolio through licensing rounds and farm-ins, drilled two operated exploration wells and sanctioned a non-operated discovery. In the UK, two non-operated fields, Kraken and Catcher, were taken from sanction to stable production. Ms. Holstad was a member of Cairn’s Senior Leadership Team. She left Cairn when the company sold its Norway Business in 2020.

Ms. Holstad holds a Master of Science degree with specialization in Petroleum Geology and Reservoir Engineering from NTH Trondheim, Norway.

Brita Holstad is Non-Executive Director at Gassco AS and Sognekraft AS.

Marit Kirkhusmo

Marit Kirkhusmo - Board Member

Ms. Kirkhusmo is a lawyer, partner and board member at SANDS Advokatfirma DA. She has more than twenty years of experience from major law firms in Oslo and London, in addition to management positions in the international shipping industry.

Ms. Kirkhusmo also has extensive board experience from private and public companies, hereunder from the Board of Directors of GIEK – the Norwegian Export Credit Agency.

Arve Johan Andresen - Board Member

Arve Johan Andresen, M.Sc./MBA, has more than 30 years of international business experience from management consulting, as corporate CEO and as venture capitalist and private investor.

He is a shareholder in Source Energy, with strong focus on value creation rooted in his broad investor experience, and earlier exposure to the exploration industry as management consultant.

In addition to Source Energy, Arve is active as investor and Board member, or serves as independent Director, in several other companies.


Tom Olav Holberg - Board Member

Tom Olav Holberg is an Investment Director at Kistefos AS, the private investment company of Mr. Christen Sveaas. Kistefos manages a diversified portfolio of companies within a variety of industries including offshore, shipping, financial services, technology and real estate. Mr. Holberg has been employed at Kistefos since 2010 and worked within a number of different industries, such as shipping & offshore and technology & telecom and served as Board member in several of Kistefos’ Portfolio companies.

Prior to joining Kistefos, Mr. Holberg worked as an equity analyst at Arctic Securities.

Mr. Holberg holds a MSc in Business and Economics from the Norwegian School of Management.