Awilco LNG says CFO resigns

Norway-based shipping firm Awilco LNG announced the resignation of its chief financial officer Øyvind Ryssdal after almost nine years in the role.

Ryssdal, who has been with the company since 2012, has given notice that he will leave the firm to “pursue other career opportunities outside the industry.”

Awilco LNG said it has launched the process of finding his successor and Ryssdal would continue in his current role during his notice period through January 2021 to ensure continuity.

“I would like to thank Øyvind for his hard work, dedication and professionalism in his years with the Company. Although I regret Øyvind is leaving I wish him the best in his new endeavours,” said Awilco LNG CEO Jon Skule Storheill.

Awilco LNG has currently two TFDE 156,000-cbm LNG carrier in its fleet, namely WilForce and WilPride.

Most Popular

Woodside issues Louisiana LNG construction update

In October 2024, Woodside acquired all issued and outstanding Tellurian common stock for about $900 million cash, or $1.00 per share....

Trump lifts pause on non-FTA LNG export approvals

Trump issued the executive order, which was widely expected, just hours after officially taking over his second four-year term...

YPF, Indian firms ink Argentina LNG deal

According to a statement by YPF, the firm signed the MoU with GAIL, Oil India, and ONGC Videsh...

More News Like This

Awilco LNG reports net loss due to weak spot market

Awilco LNG owns two 156,000 cbm TFDE LNG vessels, WilForce and WilPride. Third-quarter net loss of $0.3 million compares to...

Awilco seeks new charter for one LNG carrier

In November 2022, Awilco LNG secured a charter deal with a firm duration of about 18 months for WilForce. This medium-term...

Awilco LNG wraps up sale and leaseback deal

Norway-based shipping firm Awilco LNG has completed its previously announced sale and leaseback deal with China Development Bank Financial...

Awilco LNG’s Q1 net profit down

Awilco LNG's net profit dropped to $7.2 million in the first quarter of this year following a record profit...