Awilco LNG CEO steps down

Norway's Awilco LNG, the owner of two TFDE LNG carriers, said that its CEO Jon Skule Storheill has stepped down from the position as the company enters its next phase of development under new leadership.

Awilco LNG announced on Thursday proposed changes to the company’s board of directors to be considered by shareholders at the company’s next annual general meeting.

The company’s nomination committee proposes Anders Onarheim as the chairman of the board of directors.

Awiclo LNG said Onarheim has extensive experience in both the maritime industry and the broader energy markets, and has spent more than 25 years in the capital markets.

He was previously CEO of BW LPG and managing director and CEO of companies within the Carnegie group.

Awilco LNG said the proposed election is supported by the company’s largest shareholders.

In addition, Awilco LNG’s board and Storheill have “jointly concluded that it is in the company’s best interest to enter its next phase of development under new leadership.”

Accordingly, Storheill will step down from his position as CEO with immediate effect, by mutual agreement with the board, the company said.

“The board of directors extends its sincere thanks to Storheill for his long-standing and valuable contribution, leadership, and dedication to the company since its inception in 2011,” it said.

Awiclo LNG’s board has appointed Per Heiberg, the company’s chief financial officer, to assume the position of interim CEO pending the appointment of a successor.

The new move comes two months after Awilco LNG announced the establishment of a trading and structuring platform as it transforms from a pure LNG shipping company into a more integrated participant in the LNG value chain.

In addition to the company’s vessels WilForce and WilPride, which currently operate in the spot market, the trading unit may also use third-party vessels.

Most Popular

Top 5 news of the week July 6-12

LNG Prime brings you the five most popular news stories on our platform during the week of July 6-12, 2026.

Chevron pens Western Australian gas supply deal with Alinta

Chevron’s Australian unit has signed a new long-term deal with Alinta Energy to deliver domestic natural gas from its Gorgon and Wheatstone LNG projects and the Woodside-led NWS JV.
spot_img

More News Like This

Awilco LNG appoints interim CEO

Norway's Awilco LNG, the owner of two TFDE LNG vessels, has approved a name change to ALNG and appointed Jens-Julius Ramdahl Nygaard as interim chief executive officer.

Awilco LNG appoints chief commercial officer

Norway's Awilco LNG, the owner of two TFDE LNG vessels, has appointed Niels Rigault as its chief commercial officer as the company enters its next phase of development.

Awilco LNG to change name

Norway's Awilco LNG, the owner of two TFDE LNG vessels, aims to change its name to ALNG as the company enters its next phase of development.

Awilco LNG logs $6.4 million net loss in Q1

Norway's Awilco LNG reported a net loss of $6.4 million in the first quarter of this year, while the company is searching for longer-term employment for its two TFDE vessels.