Press releases

NOL – Northern Ocean Ltd. appoints Eirik Sunde as new Chief Commercial Officer

12 September 2024: Northern Ocean Ltd. (“NOL”) has appointed Eirik Sunde as the new Chief Commercial Officer of NOL effective as of 1 December 2024.

Eirik Sunde joins NOL from Transocean, where he has served as Senior Marketing Manager, overseeing commercial processes for the Norwegian sector. Eirik holds a Masters degree in economics from the University of Edinburgh. He is a Norwegian citizen and resides in Norway.

“We are very pleased to welcome Eirik Sunde as the new Chief Commercial Officer of Northern Ocean Ltd. This is an important appointment for NOL in accordance with the new strategy for the company, where NOL will continue to build a strong order backlog, prepare for dividends, deleverage and participate in a much needed consolidation within the Harsh-Environment market, says Arne Jacobsen, CEO of NOL.

I am looking forward to joining Northern Ocean at such a pivotal time. The company is well-positioned to leverage its capabilities in the offshore drilling market, and I’m eager to contribute to its next phase of growth, says Eirik Sunde.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act and Section 4.2.4 (1) of Euronext Rule Book II.

For more information, please contact:

Arne Jacobsen, Chief Executive Officer: + 47 992 26 222
Jonas Ytreland, Chief Financial Officer, +47 994 65 550

About Northern Ocean Ltd. Northern Ocean Ltd. is an international drilling contractor with the purpose of owning high specification offshore drilling units designed for harsh environments. The drilling units are among the most sophisticated in the world and provide safe, efficient operations while incorporating leading green energy technologies. Northern Ocean Ltd. has invested in power generation solutions that lower fuel consumption to reduce NOx & CO2 emissions and making the units more environmentally friendly. Northern Ocean Ltd. was listed on Oslo Stock Exchange in June 2018, under the ticker “NOL”. Read more on https://www.northernocean.no/