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AWO Prospectus - COSL Drilling Europe AS

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Awilco Offshore <strong>AS</strong>A<br />

No remuneration has been paid to Mr Fougner in his capacity as managing director of the Company and<br />

the level of such remuneration has not yet been determined. His remuneration will be determined by the<br />

board of directors of the Company.<br />

Key personnel – commercial management<br />

• Thor Alexander Krafft (61)<br />

Mr Krafft is Senior Vice President Offshore in Awilco, and has more than 35 years of international<br />

experience from shipping and the oil and gas offshore industry. Prior to joining Awilco, Mr Krafft has<br />

worked for Esso, Gotaas Larsen/Golar Nor Offshore and Arne Blystad Rederi. He holds an MBA from<br />

University of Wisconsin,USA.<br />

• Knut Martin Wadet (54)<br />

Mr Wadet has 30 years experience from the offshore oil and gas and marine industries, both in Norway<br />

and internationally. He holds a position as Vice President Offshore of Awilco, with special responsibility<br />

for the two accommodation units Port Reval and Port Rigmar. Prior to joining Anders Wilhelmsen<br />

group/Awilco Wadet was General Manager of the marine contracting entity Farmand Survey. Previously<br />

he was with Stolt-Nielsen Seaway and the Kværner group, and has spent several years in the Middle<br />

East and South East Asia. He holds a degree (Siviløkonom) in business administration and a degree in<br />

engineering.<br />

• Jan B. Usland (45)<br />

Mr Usland is Director – Offshore Business Development in Awilco. He holds an MSc in Naval<br />

Architecture and Marine Engineering from NTNU (Norway) and enjoys more then 20 years of<br />

experience within the offshore oil & gas industry primarily from management, business development<br />

and technical positions with floating production and drilling contractors. He previously held the position<br />

as Senior Vice President – Floating Production with Northern Offshore <strong>AS</strong>A.<br />

Key personnel – technical management<br />

• Claus Mørch (58)<br />

Mr Mørch has both a MSc in Mechanical engineering and a BSc in Marine engineering from the<br />

University of Newcastle upon Tyne and is managing director of Wilhelmsen Marine Services <strong>AS</strong>, the<br />

ship management and technical services company belonging to Awilco. He has more than 30 years<br />

experience in the marine and offshore market with broad experience in relation to newbuilding projcts,<br />

conversions and management of shipping and offshore units and has worked within the Anders<br />

Wilhelmsen group for 20 years.<br />

26

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