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Equinor ASA (EQNR.OL)

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Summary

Name Age Since Current Position

Jon Reinhardsen

63 2017 Independent Chairman of the Board

Eldar Saetre

62 2015 President, Chief Executive Officer

Roy Franklin

65 2017 Independent Deputy Chairman of the Board

Lars Bacher

54 2018 Chief Financial Officer, Executive Vice President

Jannicke Nilsson

53 2016 Chief Operating Officer, Executive Vice President

Anders Opedal

48 2018 Executive Vice President, Technology, Projects and Drilling (TPD)

Irene Rummelhoff

52 2018 Executive Vice President, Marketing, Midstream & Processing (MMP)

Al Cook

2018 Executive Vice President, Global Strategy and Business Development (GSB)

Timothy Dodson

59 2011 Executive Vice President Exploration (EXP)

Pal Eitrheim

2018 Executive Vice President, New Energy Solutions (NES)

Arne Nylund

58 2014 Executive Vice President Development and Production Norway (DPN)

Margareth Ovrum

59 2018 Executive Vice President, Development & Production Brazil (DPB)

Torgrim Reitan

49 2018 Executive Vice President, Development & Production International (DPI)

Ingrid di Valerio

54 2013 Director, Employee Representative

Anne Drinkwater

62 2018 Director

Per Labraten

57 2017 Director, Employee Representative

Stig Laegreid

55 2013 Director, Employee Representative

Jonathan Lewis

56 2018 Director

Wenche Agerup

54 2015 Independent Director

Bjorn Godal

73 2010 Independent Director

Rebekka Herlofsen

48 2015 Independent Director

Jeroen van der Veer

70 2016 Independent Director

Peter Hutton

2014 Senior Vice President Statoil, Norway

Biographies

Name Description

Jon Reinhardsen

Mr. Jon Erik Reinhardsen has been appointed Independent Chairman of the Board at STATOIL ASA effective as of September 1, 2017. He is Member of the board of directors of Oceaneering International, Inc., Borregaard ASA, Telenor ASA and Awilhelmsen AS. Reinhardsen was the Chief Executive Officer of Petroleum Geo-Services (PGS) from 2008 – August 2017. In the period 2005 – 2008 Reinhardsen was President Growth, Primary Products in the international aluminum company Alcoa Inc. with headquarters in the US, and he was in this period based in New York. From 1983 to 2005, Reinhardsen held various positions in the Aker Kvaerner group, including Group Executive Vice President of Aker Kvaerner ASA, Deputy Chief Executive Officer and Executive Vice President of Aker Kvaerner Oil & Gas AS in Houston and Executive Vice President in Aker Maritime ASA. Reinhardsen has a Master’s Degree in Applied Mathematics and Geophysics from the University of Bergen. He has also attended the International Executive Program at the Institute for Management Development (IMD) in Lausanne, Switzerland.

Eldar Saetre

Mr. Eldar Saetre has been President and Chief Executive Officer of Statoil ASA since February 4, 2015. He was Acting President and Chief Executive Officer of the Company from October 15, 2014 until February 4, 2015. He served as Executive Vice President for Marketing, Midstream and Processing from January 2011 until October 15, 2014. Prior to this, he was Executive Vice President and Chief Financial Officer of the Company from October 2003 until December 2010. He joined the Company in 1980. Mr. Saetre is Member of the Board of Stromberg Gruppen AS and Trucknor AS. He holds Master of Arts degree in Business Economics from Norges Handelshoyskole, Bergen - NHH.

Roy Franklin

Mr. Roy Alexander Franklin, OBE has been appointed Independent Deputy Chairman of the Board of Statoil ASA, effective as of September 1, 2017. He has also been appointed Acting Chairman of the Board of Directors of the Company for a period from July 1, 2017 till August 31, 2017. Before that, he has been Independent Deputy Chairman of the Board of Directors of Statoil ASA since July 1, 2015. He is also Chair of the board’s Safety, Sustainability and Ethics Committee and Member of Audit Committee at the Company. He served as Independent Member of the Board of Directors of StatoilHydro from October 1, 2007 and Statoil between November 2009 and June 1, 2013. He is Non-executive Chairman of the board of Premier Oil plc, Cuadrilla Resources Holdings Limited and Eregean Israel Ltd., as well as Board member of Kerogen Capital Ltd and Wood plc. During the course of his career, he has held various managerial positions at BP, Paladin Resources plc and Clyde Petroleum plc. He holds a Bachelor of Science degree in Geology from Southampton University, United Kingdom.

Lars Bacher

Mr. Lars Christian Bacher has been appointed Chief Financial Officer and Executive Vice President of Statoil ASA effective as of during August 2018. He no longer serves as Executive Vice President Development and Production International (DPI) at Statoil ASA effective as of during august 2018. He has held the position since September 1, 2012. He joined the Company in 1991, and has held a number of management positions including platform manager at the Norne and Statfjord fields on the Norwegian continental shelf. He was also Senior Vice President for Gullfaks operations and later for the Tampen area. His most recent position, which he held from September 2009, was that of Senior Vice President for Statoil’s Canadian operations within Development & Production International (DPI). Mr. Bacher holds Master of Science in Chemical Engineering from Norges Teknisk-Naturvitenskapelige Universitet NTH (the Norwegian University of Science and Technology), and holds a Master’s degree in Finance from Norges Handelshoyskole, Bergen - NHH (the Norwegian School of Economics).

Jannicke Nilsson

Ms. Jannicke Nilsson has been appointed Chief Operating Officer and Executive Vice President of Statoil ASA effective as of December 1, 2016. She has previously been senior vice president for COO operational performance projects at the Company since August 1, 2015. Jannicke joined the company in 1999 and has held a range of engineering, research, operational and leadership roles. Jannicke Nilsson started initially as a project engineer, then project leader, production engineer, production supervisor and platform manager at Oseberg South. She has been manager of Oseberg C and vice president for modification and project portfolio Bergen in DPN, as well as senior vice president for operations North Sea and for operations North Sea west in DPN. She came from the position as senior vice president for TPD TEX (technical excellence) when she in August 2013 was appointed program leader for STEP (Statoil technical efficiency program). She is Member of the Board of Odfjell SE. Jannicke holds a Bachelor of Science in automation and a Master of Science in cybernetics/process automation from the University of Stavanger.

Anders Opedal

Mr. Anders Opedal has been appointed Executive Vice President, Technology, Projects and Drilling (TPD) at Statoil ASA effective as of October 15, 2018. He has also been appointed Executive Vice President, Development & Production Brazil (DPB) at the Company for a period from August 2018 till October 15, 2018. He has previously been SVP and Country Manager Brazil at the Company. He no longer serves as Chief Operating Officer and Executive Vice President at Statoil ASA effective as of December 1, 2016. He has held this position since April 1, 2015. Anders Opedal joined Statoil in 1997 as a petroleum engineer in the Statfjord operations. He has held a range of positions in Drilling and well, Procurement and projects. In 2011 Opedal took on the role as Senior Vice President for Projects in Technology, Projects and Drilling (TPD) responsible for Statoil’s approximately NOK 300 billion project portfolio. Before joining Statoil, Opedal worked for Schlumberger and Baker Hughes. He holds Master of Business Administration degree from Heriot-Watt University and an engineering degree from NTH.

Irene Rummelhoff

Ms. Irene Rummelhoff has been appointed Executive Vice President, Marketing, Midstream & Processing (MMP) at Statoil ASA effective as of during August 2018. She no longer serves as Executive Vice President New Energy Solutions (NES) at the Company effective as of during August 2018. She has held the position since June 1, 2015. She joined Statoil in 1991. She has held a number of management positions within international business development, exploration, and the downstream business in Statoil. She is Deputy Chair of the board of directors of Norsk Hydro ASA. She holds Master’s degree in petroleum geosciences from the Norwegian Institute of Technology (NTH).

Al Cook

Mr. Al Cook has been appointed Executive Vice President, Global Strategy and Business Development (GSB) at STATOIL ASA effective as of May 1, 2018. He comes from the position as SVP in Statoil's DPI business area overseeing operations in Angola, Argentina, Azerbaijan, Libya, Nigeria, Russia and Venezuela. Cook joined Statoil in 2016 from BP, where he was Chief of Staff to the CEO. Cook joined BP in 1996, taking on a series of project development and commercial roles in the North Sea and Gulf of Mexico. He then worked in field operations in the North Sea from 2002 to 2005, becoming Offshore Installation Manager. From 2005, he led the IGB2 Project in Vietnam and acted as President for BP Vietnam. Cook worked from 2009 to 2014 as BP's Vice President leading the development of the Shah Deniz field in Azerbaijan and construction of the Southern Gas Corridor. Cook holds an MA in Natural Sciences from St. John's College, Cambridge University and in 2005 completed the International Executive Program at INSEAD.

Timothy Dodson

Mr. Timothy (Tim) Dodson has served as Executive Vice President Exploration (EXP) at Statoil ASA since January 1, 2011. He joined the Company in 1985 and has held central management positions, including, among others, Senior Vice President for Global Exploration at Exploration and Production Norway and the Technology area. Mr. Dodson holds Bachelor’s degree in Geology and Geography from the University of Keele.

Pal Eitrheim

Mr. Pal Eitrheim has been appointed Executive Vice President, New Energy Solutions (NES) at STATOIL ASA effective as of August 2018. He joined Statoil in 1998. He comes from the position as Chief Procurement Officer in Statoil, which he has held since February 2017. Prior to this, Eitrheim was President of Statoil Brazil and SVP for Statoil South America since 2014, based in Rio de Janeiro. Between 2011 and 2014 Eitrheim was SVP for corporate strategy and analysis in Global Strategy and Business Development. In 2013, Eitrheim led the Secretariat for the investigation into the terrorist attack on the In Amenas gas processing facility in Algeria. He headed up Statoil's CEO office between 2005 and 2009, and established and led Statoil's office in Washington DC between 2009 and 2011. Between 2001 and 2004, Eitrheim held various managerial responsibilities in Azerbaijan, including government affairs and gas marketing. Eitrheim holds a degree in comparative politics from the University of Bergen, Norway, and University College Dublin, Ireland.

Arne Nylund

Mr. Arne Sigve Nylund has been appointed Executive Vice President Development and Production Norway (DPN) at Statoil ASA, effective as of January 1, 2014. He was employed by Mobil Exploration Inc. from 1983-1987. Since 1987, Nylund has held several central management positions at the Company. He is Member of the Board of Directors of The Norwegian Oil & Gas Association (Norsk Olje & Gass). He holds Mechanical engineer degree from Stavanger College of Engineering with further qualifications in operational technology from Rogaland Regional College/University of Stavanger (UiS) and is Business graduate of the Norwegian School of Business and Management (NHH).

Margareth Ovrum

Ms. Margareth Ovrum has been appointed Executive Vice President, Development & Production Brazil (DPB) at Statoil ASA effective as of October 15, 2018. She no longer serves as Executive Vice President Technology, Projects and Drilling (TPD) at the Company effective as of October 15, 2018. She has held the position since September 2004. She joined the Company in 1982 and has held central management positions within the Company, including the roles of Executive Vice President for Health, Safety and the Environment, and Executive Vice President for Technology & Projects. Apart from that, she was Platform Manager on the Gullfaks field, Senior Vice President for Operations for Veslefrikk, and Vice President of Operations Support for the Norwegian continental shelf. Ms. Ovrum is Member of the Board of Directors of FMC Corporation and Alfa Laval. She holds a Master’s degree in Engineering from Norges Tekniske Hoyskole, Trondheim (NTH), now Norges Teknisk-Naturvitenskapelige Universitet – NTNU, specializing in Technical Physics.

Torgrim Reitan

Mr. Torgrim Reitan has been appointed Executive Vice President, Development & Production International (DPI) at Statoil ASA effective as of during August 2018. He no longer serves as Executive Vice President Development & Production USA (DPUSA) at Statoil ASA, effective as of during August 2018. He has held the position since August 1, 2015. He no longer serves as Chief Financial Officer and Executive Vice President at the Company, effective as of August 1, 2015. He has held this position since January 1, 2011. His previous positions within the Company include Senior Vice President (SVP) in Trading and Operations in the Natural Gas business area (2009-2010), SVP in Performance Management and Analysis (2007-2009) and SVP in Performance Management, Tax and M&A (2005-2007), among others. From 1995 until 2004, he held various positions in the Natural Gas business area and corporate functions in Statoil. Mr. Reitan holds a Master of Science degree from Norges Handelshoyskole, Bergen - NHH.

Ingrid di Valerio

Ms. Ingrid Elisabeth di Valerio has been Director, Employee Representative at Statoil ASA since July 1, 2013. She is also Board member of Tekna’s central nomination committee. She is Member of the Company's Audit Committee. She has been employed by Statoil since 2005. She works within materials discipline for Technology, Projects & Drilling. She was Tekna’s main representative in Statoil from 2008 to 2013. She also sat on Tekna’s central committee from 2005 to 2013. She is chartered engineer (mathematics and physics) who studied at the Norwegian University of Science and Technology in Trondheim (Norges Teknisk Naturvitenskapelige Universitet - NTNU).

Anne Drinkwater

Ms. Anne Drinkwater has been appointed Director of EQUINOR ASA effective as of July 1, 2018. Anne Drinkwater was employed with BP in the period 1978 to 2012, holding a number of different leadership positions in the company. In the period 2009 to 2012 she was chief executive officer of BP Canada. A British citizen, she has extensive international experience, including being responsible for operations in the US, Norway, Indonesia, the Middle East and Africa. Through her career Drinkwater has acquired a deep understanding of the oil and gas sector, holding both technical roles, and more distinct business responsibilities. In recent years she has served on the board of Tullow Oil plc in England and Aker Solutions ASA in Norway. She has now stepped out of these boards. Through her role as managing director of BP Norway and board position at Aker Solutions she has acquired a good understanding of the Norwegian oil and gas sector.

Per Labraten

Mr. Per Martin Labraten has been Director, Employee Representative at STATOIL ASA since June 8, 2017. He is member of the board's safety, sustainability and ethics committee. He is a member of the executive committee of the Industry Energy (IE) trade union and holds a number of offices as a result of this. He has worked as a process technician at the petrochemical plant on Oseberg field in the North Sea. He is now a full-time employee representative as the leader of IE Statoil branch. He has a craft certificate as a process/chemistry worker.

Stig Laegreid

Mr. Stig Laegreid has been Director, Employee Representative at Statoil ASA since July 1, 2013. He is Member of the Company's Safety, Sustainability and Ethics Committee. He is Member of The Norwegian society for Engineers and Technologists’ (NITO) negotiation committee for private sector. He has been employed in ASV and Norsk Hydro since 1985. He was mainly occupied as project engineer and constructor for production of primary metals until 2005 and from 2005 as weight estimator for platform design. He is now a full-time employee representative as the leader of NITO, Statoil. He holds Bachelor’s degree, mechanical construction from OIH.

Jonathan Lewis

Dr. Jonathan (Jon) Lewis has been appointed Director of EQUINOR ASA effective as of July 1, 2018. Jonathan Lewis joined as Chief Executive Officer to Capita in December 2017; having previously spent 30 years working for large multi-national companies in technology-enabled industries. Lewis came to Capita from Amec Foster Wheeler plc, a global consulting, engineering and construction company, where he was CEO from 2016-2017. Prior to this, he held a number of senior leadership positions at Halliburton, where he was employed in the period 1996 to 2016. Lewis has a PhD, Reservoir Characterisation. A British citizen, he has broad international experience, including from Norway. Lewis has previously held several directorships within technology and the oil and gas industry and has an existing board membership with Heriot-Watt University, Industrial Advisory Board.

Wenche Agerup

Ms. Wenche Marie Agerup has been Independent Member of the Board of Directors of Statoil ASA since August 21, 2015. She is also Member at the Company Compensation and Executive Development Committee and the Safety, Sustainability and Ethics Committee. Agerup is an Executive Vice President (Corporate Affairs) and General Counsel in Telenor ASA. She was the Executive Vice President for Corporate Staffs and the General Counsel of Norsk Hydro ASA from 2010 to December 31, 2014. She has held various executive roles in Hydro since 1997, including within the company's M&A- activities, the business area Alumina, Bauxite and Energy, as a plant manager at Hydro's metal plant in Ardal and as a project director for a Joint Venture in Australia where Hydro cooperated with the Australian listed company UMC. Through her work in Hydro, Agerup has developed a significant business and strategic competence. Agerup is currently a board member of the seismic company TGS ASA and Member of Det Norske Veritas Council and its nomination committee. She holds Master of Arts in Law from the University of Oslo, Norway (1989) and a Master of Business Administration from Babson College, USA (1991).

Bjorn Godal

Mr. Bjorn Tore Godal has served as Independent Member of the Board of Directors of Statoil ASA since September 1, 2010. He is also Member of the Company's Compensation and Executive Development Committee and the Safety, Sustainability and Ethics Committee. He is also Vice Chairman of the Board of Fridtjof Nansen Institute (FNI). Formerly, he was Member of the Norwegian parliament for 15 years (1986-2001), and served as Minister for Trade and Shipping, Minister for Defense and Minister of Foreign Affairs for a total of eight years (1991-2001). Later in his career, he was Senior Advisor at the Institute of Political Science at the University of Oslo (2002-2003), Norway’s Ambassador to Germany (2003-2007), and most recently, Special Advisor for international energy and climate issues at the Ministry of Foreign Affairs (2007-2010). From 2014-2016, Godal lead a government-appointed committee responsible for the evaluation of the civil and military contribution from Norway in Afghanistan in the period 2001 - 2014. Mr. Godal holds Bachelor of Arts degree in Political Science, History and Sociology from Universitetet i Oslo.

Rebekka Herlofsen

Ms. Rebekka Glasser Herlofsen has been Independent Member of the Board of Directors of Statoil ASA since March 19, 2015. She is Member of the Audit Committee at the Company. She has been CFO of WWL ASA since April 2017. Before that, she was Chief Financial Officer in the Norwegian shipping company Torvald Klaveness since 2012. She has broad financial and strategic experience from several corporations and board directorships. Herlofsen’s professional career began in the leading Nordic Investment Bank, Enskilda Securities, where she worked with corporate finance and equity analysis from 1995 to 1999. During the next ten years Herlofsen worked in the Norwegian shipping company Bergesen d.y. ASA (later BW Group). During her period with Bergesen d.y. ASA/BW Group she held leading positions within M&A, strategy and corporate planning. She holds Master of Science in Economics and Business Administration and Finance and Strategy and Certified Financial Analyst Program, the Norwegian School of Economics (NHH). She also completed Breakthrough Program for Top Executives at IMD business school, Switzerland.

Jeroen van der Veer

Mr. Jeroen van der Veer has been Independent Member of the Board of Directors at Statoil ASA since March 18, 2016. He is Chair of the Audit Committee. He was the Chief Executive Officer in the international oil and gas company Royal Dutch Shell Plc (Shell) in the period 2004 to 2009, when he retired. Van der Veer thereafter continued as a non-executive director on the board of Shell until 2013. He started to work for Shell in 1971 and has experience within all sectors of the business. Van der Veer is inter alia the chair of the supervisory boards of ING Bank NV and Royal Philips Electronics, chair of the supervisory council of Technical University of Delft and Platform Beta Techniek, chair of the advisory board of the Rotterdam Climate Initiative as well as member of the board of Boskalis Westminster Groep NV and Het Concertbebouw. He has a degree in Mechanical Engineering (MSc) from Delft University of Technology, Netherlands and a degree in Economics (MSc) from Erasmus University, Rotterdam, Netherlands. Since 2005 he holds an honorary doctorate from the University of Port Harcourt, Nigeria.

Peter Hutton