Liv Monica Stubholt is an experienced corporate lawyer, with particular expertise in strategy, business development, governance and board matters. She heads our ESG and Compliance team and is well versed in public affairs, integrating these skills in her strategic advice. In recent years, she has been particularly active within the industries that contribute to the decarbonisation of society, including hydropower, carbon capture, hydrogen, offshore wind and batteries. Liv Monica primarily works with businesses in the energy sector and the seafood industry and holds several Norwegian and international board positions. She also has considerable expertise in geopolitics, the northern regions and the Arctic, the EEA agreement and Norwegian-European cooperation. Her portfolio includes large international companies that have invested in Norway. Liv Monica was a board member of the Norwegian-German Chamber of Commerce from 2010-2020 and is still engaged in Norwegian-German business cooperation. She has previously held top executive positions in the corporate sector, including several positions in the Aker group. She also has several years in politics, including as state secretary in the Ministry of Foreign Affairs and the Ministry of Oil and Energy. She has broad experience with corporate governance and decision-making processes in the public sector and public ownership. This provides insight into business development at the interface between the public and private sectors and political processes. She has a strong commitment in developing the legal dimension of sustainability and for several years she has been a member of the international board of the World Ocean Council, which works for corporate ocean responsibility. Liv Monica is an inspiring and recognized communicator in the energy and seafood sector. She regularly gives lectures in sustainability, business management and board work. She is an advisory council member of the Centre for Energy Law at the Faculty of Law in Oslo and a former member of the board of the Energy, Environment and Resources Department of the Norwegian Research Council. She has been a member of several public committees (including the EEA Review Committee) and in 2022 she was appointed by the government as a member of the Energy Commission who submitted their report in NOU 2023:3.

Work experience

Partner – Advokatfirmaet Selmer AS
President/CEO – Aker Seafoods AS
2013 - 2015
Partner – Advokatfirmaet Hjort DA
2012 - 2013
Senior Vice President – Kværner ASA, Strategy and Communication
2011 - 2012
Managing Director – Aker Clean Carbon ASA
2009 - 2011
Investment Director – Aker ASA
2007 - 2009
Deputy Minister – Ministry of Petroleum and Energy of Norway
2005 - 2007
Deputy Minister – Ministry of Foreign Affairs of Norway
2000 - 2005
Partner – Advokatfirmaet BA-HR
1997 - 2000
Legal Adviser – Norwegian Investor Forum (IT Fornebu and IT Fornebu Eiendom)
1995 - 1997
Political Adviser – The Norwegian Parliament (Finance Committee), Centre Party
1990 - 1995
Associate/Senior Associate – Advokatfirmaet BA-HR
Trainee, Legal Services – The European Commission in Brussels
1988 - 1990
Associate – Attorneys Bredo Stabell and Jens B Heggemsnes


Cand.jur. – University of Oslo


Member of the Energy Commission NOU 2023:3, "More of everything - faster"
Chair of the committee appointed by KonKraft, Norwegian offshoreyards' competitiveness (2013)
Vice chair of the committee, NOU 2012:2, Outside and Inside – Norway’s agreements with the European Union
Chair of the strategy advisory committee appointed by the Government, Ocean21 – A substantial seafood industry