The foundation for Vår Energi’s governance structure is Norwegian law, and the General Meeting is the company’s supreme body. The Board of Directors has overriding responsibility for managing Vår Energi and supervising the company’s operations and business in general.
Vår Energi’s Articles of Association and the Norwegian Public Limited Liability Companies Act stipulate the General Meeting’s role and mandate. Pursuant to the company’s Articles of Association, an Annual General Meeting (AGM) must be held by the end of June each year.
All shareholders who are registered in the Norwegian Central Securities Depository (VPS) will receive an invitation to the general meeting. They are entitled to submit proposals and vote, directly or by proxy. Shareholders may also cast their vote electronically in a period before the general meeting.
The Vår Energi organisation is structured to be able to respond to our current and future business needs.
Vår Energi is led by six experienced leaders. They represent a wide range of skills and knowledge from extensive careers in the oil- and gas industry.
The board is elected by The Annual General Meeting and is independent of management. The board of directors consists of the following members:
Role: Chair
Year of birth: 1956
Appointed: 26. January, 2022
Other directorships:
Chair Bergen International Festival, BOD member QSPA. BOD member smaller companies.
Experience:
Thorhild Widvey has over 20 years of experience in the Norwegian public and private sectors, with a focus on the energy industry. She is, among other things, former Minister of Petroleum and Energy and State Secretary in the Ministry of Foreign Affairs. Thorhild has been chair of Statkraft, and member of the board at Solstad Offshore.
Education:
Leadership
Citizenship:
Norwegian
Place of residence (country):
Norway
Role: Deputy chair
Year of birth: 1961
Appointed: 26. January, 2022
Other directorships:
Chair: Cadre AS, Silex Gas Norway AS, Green Ammonia Berlevåg AS. Board member: Sintef Energi AS, Enquest Plc, VNG AG, Nordic Ferries Infrastructure AS, Aker Carbon Capture AS, Gigante Salmon AS, Helse Sør Øst Regional Health Authority
Experience:
Liv Monica Bargem Stubholt is Partner at Selmer, a Norwegian corporate law firm, with a focus on ESG, governance and the energy sector. She has previously served as Investment Director at Aker ASA, President and CEO of Aker Seafoods ASA, CEO of Aker Clean Carbon AS, EVP in Kværner ASA, and State Secretary at the Norwegian Ministry of Foreign Affairs and the Ministry of Energy.
Education:
Master of Law from the University of Oslo.
Citizenship:
Norwegian
Place of residence (country):
Norway
Role: Board member
Year of birth: 1969
Appointed: 11. September, 2020
Other directorships:
None
Experience:
Francesco Gattei has over 25 years of experience in the oil and gas industry across various senior roles at Eni S.p.A. Group. He is currently Chief Financial Officer for Eni S.p.A. and has previously served as Upstream Director of the Americas, Head of Investor Relations, Secretary to Eni’s Advisory Board, Senior VP of Market Scenarios and Strategic Options, and Head of Upstream M&A.
Education:
Francesco Gattei holds a Master in Energy and Environmental Management from the Scuola Mattei. Furthermore, he earned a degree in Economics and Commerce in 1994 at the University of Bologna with a thesis on the oil market.
Citizenship:
Italian
Place of residence (country):
Italy
Role: Board member
Year of birth: 1970
Appointed: 10. December, 2021
Other directorships:
Chairman of Confindustria Energia (association of energy companies operating in Italy)
Experience:
Guido Brusco has over 25 years of experience in the energy business for Eni SpA Group across different countries and senior positions. Guido is currently Chief Operating Officer Natural Resources for Eni S.p.A and has previously served as Upstream Director, Executive Vice President for the Sub-Saharan Region and Managing Director in Angola and Kazakhstan.
Education:
Guido Brusco holds a degree cum laude in mehanical engineering from Università La Sapienza, Roma, Italy.
Citizenship:
Italian
Place of residence (country):
Italy
Role: Board member
Year of birth: 1976
Appointed: 26. January, 2022
Other directorships:
Commonwealth Fusion System, M2X
Experience:
Clara Andreoletti serves as President and CEO of Eni Next LLC, previously served as Head of Natural Resources Business Support Services, Head of Geosciences & Subsurface Operations Data Management, Head of Prospect and Exploration Projects Validation and Head of West Africa Exploration for Eni S.p.A. She has over 20 years of experience in the energy business at Eni SpA Group.
Education:
Telecommunication Engineer
Citizenship:
Italian
Place of residence (country):
Fiscal residence Italy, at present in USA.
Role: Board member
Year of birth: 1955
Appointed: 26. January, 2022
Other directorships:
Epta Refrigeration S.p.A. Director, CESI S.p.A. Director, Elkat S.A. Vice Chairman
Experience:
Fabio Ignazio Romeo has over 20 years of experience in the energy business, recently appointed as Fabio Ignazio Romeo is currently the Chairman for Oman Cables. Romeo worked as Chief Strategy Officer in Prysmian Group S.p.A. from January 2014 to April 2021.
Education:
Fabio Ignazio Romeo holds an undergraduate degree in electrical engineering from Politecnico di Milano, and a graduate degree and doctorate in electrical engineering and computer science from the University of California, Berkeley.
Citizenship:
Italian
Place of residence (country):
Italy
Role: Board member
Year of birth: 1965
Appointed: 26. January, 2022
Other directorships:
Cadre
Experience:
Ove Gusevik is a senior partner at HitecVision, which he joined in 2021 from his role as Head of Investment Banking at SpareBank1 Markets. Ove Gusevik brings more than 30 years of investment banking experience, including being one of the founders of First Securities and serving as CEO Norway and Nordic Head of Energy at Alfred Berg ABN AMRO. His experience also includes being Chairman and board member of companies at the Oslo Stock Exchange. He has played a leading role in many of the largest energy industry transactions in Scandinavia, including within the oil and gas sector.
Education:
Ove Gusevik holds a Master of Science degree in economic history from the London School of Economics as well as an MBA from the Middlebury Institute of International Studies in Monterey, California, where he was a Fulbright Scholar. He also holds a BA degree from the University of Agder. Further, he completed the officer training programme in the Norwegian Army during his military service.
Citizenship:
Norwegian
Place of residence (country):
Norway
Role: Board member
Year of birth: 1978
Appointed: 26. January, 2022
Other directorships:
Chair of Coral FLNG SA Board of Directors
Experience:
Marica Calabrese has over 20 years of experience in the energy business, recently appointed as CEO of Eni Rovuma Basin, Eni’s affiliate in Mozambique and General Manager Upstream of Mozambique Rovuma Basin. She previously served as Head of Resources Development Integrated Studies Africa Region at Eni S.p.A. Between 2017 and 2019 she worked in the M&A department at Eni S.p.A. where she was in charge of following M&A opportunities from origination, through negotiation, up to closing of the deal. She spent the first 14 years of her career in the Upstream Division of Eni S.p.A. in the Reservoir Department and in Eni Norge AS.
Education:
Marica Calabrese holds a degree cum Laude in Environmental Engineering from Politecnico di Milano and a master’s degree with honours in Petroleum Engineering from Imperial College of London.
Citizenship:
Italian
Place of residence (country):
Italy, currently working in Mozambique
Role: Board member – employee elected representative
Year of birth: 1963
Appointed: 4. May, 2022
Other directorships:
None
Experience:
Jan Inge Nesheim has worked offshore for Vår Energi for more than 25 years (Exxon and Point Recources). He holds the position as Discipline Responsible Mechanical on Balder. Prior to joining the Company, he worked offshore for other companies such as Smedvig Drilling. During recent years, he has been an employee-elected board member representing the trade union SAFE, as well as the head of the local trade union. Previously, he has represented the employees in numerous committees, such as the Working Environment Committee and the Works Council. Nesheim has also served in multiple positions within the central SAFE trade union.
Education:
Marine chief engineer
Citizenship:
Norwegian
Place of residence (country):
Norway
Role: Board member – employee elected representative
Year of birth: 1977
Appointed: 4. May, 2022
Other directorships:
None
Experience:
Hege Susanne Blåsternes has worked for Vår Energi since 2019. She currently holds the position of Vice President Subsurface, and previously held several leadership positions within the company. She has more than 20 years’ experience in the industry. She serves on the Board of Directors as an employee representative from Tekna.
Education:
Hege Susanne Blåsternes has a Master’s degree in petroleum geophysics from the University of Bergen in 2002.
Citizenship:
Norwegian
Place of residence (country):
Norway
Role: Board member – employee elected representative
Year of birth: 1974
Appointed: 4. May, 2022
Other directorships:
None
Experience:
Bjørn Nysted has worked for Vår Energi since 2019. He currently holds the position as Vice President HSSE in Project & Operations in the Safety & Sustainability department. He has over 25 years of experience in the Norwegian oil and gas industry, having worked in various roles from engineering to HSE and project management. He has previously worked for several different operator companies. He serves on the Board of Directors as an employee elected representative from NITO.
Education:
Bjørn Nysted has a bachelor’s degree in fire dynamics from Høyskolen Stord/Haugesund in 1997.
Citizenship:
Norwegian
Place of residence (country):
Norway
Role: Board member – employee elected representative
Year of birth: 1966
Appointed: 4. May, 2022
Other directorships:
None
Experience:
Martha Skjæveland has worked for Vår Energi since 2006. Martha has more than 30 years of experience in the oil industry and across drilling, operations, projects, service companies and commercial. She has been the leader of the union Industri Energi within Vår Energi since 2010. She was also Eni Norge’s representative in the Eni Corporate European Works Council from 2011 to 2018, and deputy Board Member of Eni Norge’s board of directors from 2016 to 2018.
Education:
Mixed within working environment and economics from different universities in Norway.
Citizenship:
Norwegian
Place of residence (country):
Norway
Mandate for the Board’s Remuneration and Leadership Development Committee.
(Elected at EGM 26.01.2022 and valid till AGM in 2024)
Please submit your candidate for the Election Committee using the form below. The justification may include information about the candidate’s relevant experience, professional qualifications and other offices held.
The annual general meeting is the company’s highest authority.
All shareholders who are registered in the Norwegian Central Securities Depository (VPS) will receive an invitation to the general meeting.
All our previous annual general meetings are documented – please follow link below.
Internal Audit (IA) is the independent control body of the company with responsibility for monitoring that the business at all times is subject to adequate management and control. The purpose of IA is to provide independent, objective assurance and consulting services designed to add value and improve the company’s operations.
The IA function helps Vår Energi accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes. The scope of IA activities encompasses, but is not limited to, objective examinations of evidence for the purpose of providing independent assessments to the Board and the executive committee.
Internal Audit’s main responsibilities are:
The senior vice president of Internal Audit
The company’s external auditor is independent in relation to Vår Energi and is elected by the Annual General Meeting. The fee for the company’s auditor must be approved by the company’s Annual General Meeting. Pursuant to the instructions, the Board’s Audit Committee is responsible for ensuring that the company is subject to an independent and effective external and internal audit. When evaluating the external auditor, emphasis is placed on the firm’s competence, capacity, local and international availability and the size of the fee.
