Norwegian offshore oil and gas operator Vår Energi has appointed Torger Rød as the company’s new CEO, replacing Kristin Kragseth who is leaving to head up state-owned Petoro.
Rød joins from Equinor, where he has spent the last 22 years most recently as the head of safety and security.
Philip Hemmens, chairman of Vår Energi, said: “I am delighted that Torger has agreed to be our new CEO: he has the energy, leadership skills and experience to ensure that Vår Energi reaches its objectives in the current challenging environment. I would like to thank Kristin Kragseth for her invaluable contribution in establishing Vår Energi on the NCS and I wish her every success in her new role in Petoro.”
Vår Energi is 69.6% owned by Italy’s Eni and 30.4% by private equity investor HitecVision.