"Vår Energi has set a goal to become a net producer of 350,000 barrels of oil
and gas per day by the end of 2025, focusing on safe, more efficient, and
sustainable operations. We are now re-shaping the organisation into what we
believe is the right one to achieve our targets, where the new simplified
structure and strengthened management team is a key enabler", says CEO Torger
Rod.
Two new business areas will be established to provide expertise, projects, and
products across the company. Vår Energi is gathering professions to ensure
people development, governance and to prioritize competence and capacity to
realise the potential.
In the new structure, Technology, Drilling and Subsurface forms one new business
area allowing the accelerated use of new technological solutions and
digitalisation of the company. Project Development and Supply Chain Management
will be responsible for our project portfolio and for optimisation and
standardisation of Vår Energi's supply chain.
As part of the reorganization Ingrid Sølvberg and Atle Reinseth will be joining
the management team, responsible for Technology, Drilling and Subsurface and
Project Development and Supply Chain Management respectively.
Ingrid Sølvberg (b. 1970) arrives from the role as Director general in the
Norwegian Petroleum Directorate (NPD). Prior to this, she has held significant
leadership positions in NPD, Centrica and Statoil, now Equinor.
Atle Reinseth (b. 1966) comes from Equinor and the position as VP Shaping,
Improvement and Analyses in project development. His experience includes key
leadership roles in both procurement and project development in Equinor and
Acergy, now part of Subsea7.
"We very much look forward to welcoming Sølvberg and Reinseth. Their vast
experience and competence will further strengthen our organisational
capabilities", says Rød.
The current organisational structure and management team will remain in place
until the new structure is implemented, which is planned completed within the
fourth quarter this year.
"It's all about people, competence and preparing for the future. The changes we
have now announced will enable our organisation to work more easily and
efficiently, and thereby increase our overall productivity. Vår Energi, with 950
highly competent employees, is a right-sized organisation. By improving how we
work together we create an even stronger company that can seize new
opportunities", says Rød.
The organisational changes reflect a process which includes valuable input from
Vår Energi's employees and in consultation with the company's labor unions and
work force representatives. The changes are designed around the company's
strengths, including a highly competent and experienced workforce, a diversified
Norwegian Continental Shelf (NCS) portfolio and the company's growth potential.
"We are committed to delivering a better future. Vår Energi will continue to
grow and invest on the NCS, securing a stable supply of energy. Our goal is to
be the safest operator, a partner of choice and an ESG leader on the NCS, aiming
for zero injuries and net zero emissions from our operations by 2030", Rød
points out.