Published 28.06.2013
HitecVision is pleased to announce the appointment of Cathrine Bjaarstad as Partner Industry.
Bjaarstad brings more than 22 years of experience within the offshore oil and gas industry, working for companies such as Vector Technology Group, AGR Petroleum, Technip Offshore Norway, AkerKværner Technology and Kværner Energy.
Bjaarstad joins from the position as CEO of Vector Technology Group, a portfolio company of HitecVision fund IV. During her tenure, Vector evolved from a product focused to to a subsea engineering solutions company. Vector grew from NOK 200 million to more than NOK 600 million in revenues with strong margin development .
During her career with EPC contractors, she has managed a number of multi-cultural teams and has extensive experience in offshore facilities engineering, concept development and project management.
Cathrine Bjaarstad holds a Master in Science Mechanical Engineering from the University of Trondheim