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NO

1 June 2021

Torger Rød takes over as CEO for Vår Energi

Today Torger Rød takes over as head of Vår Energi, following the announcement of his appointment in January 2021.

The Board is delighted to have Torger join Vår Energi. He has the experience, leadership skills and energy to take the company into an exciting, yet challenging future. The board has ambitious growth plans for Vår Energi, whilst moving the company in a more sustainable direction. Torger has deep knowledge and experience from the energy sector, having been responsible for major project developments globally, including renewable and low carbon projects. His proven track record is the perfect fit for Vår Energi, says Phil Hemmens, Chairman of the Board of Directors of Vår Energi.

Torger Rød says:

I am very proud to take over the leadership of Vår Energi – one of the largest operators on the Norwegian shelf. Vår Energi is a very exciting company. Its size, highly valuable assets, capable organisation and resourceful and ambitious owners places it amongst the elite in the industry. Vår Energi is a young company that has come a long way in a short time, since its establishment in 2018. It is impressive to see what has been achieved so far.

My biggest responsibility as CEO will always be the safety and wellbeing of our employees and those working for us. Real value creation can only happen if no one gets hurt. The top priority of a company like ours is to prevent major accidents and to provide a safe and sound work environment. I look forward to in working in close partnership with work force representatives, suppliers, the authorities and other stakeholders to reach that end.

Taking over one of the leading NCS actors in a time of unprecedented challenges for the industry is very inspiring. The climate challenge can only be solved through the deep involvement and transition of the oil and gas sector. The Norwegian oil and gas industry is well positioned to taking a leading role in this, whilst continuing to provide employment across the country and income for the state. I am looking forward to participate in shaping the company for a long-term future on the Norwegian shelf, balancing environmental, social and economic dimensions, Rød comments.

Rød comes from the position as Head of Safety and Security in Equinor. He has spent the last 22 years working with Equinor both in Norway and internationally, including his role as SVP Project Development, overlooking all development projects for the company.

He holds a Master’s degree in Industrial Economics from the Norwegian University of Science and Technology (NTNU). Rød replaces former CEO Kristin F. Kragseth who has taken the position as head of Petoro.

For further information:
Andreas Wulff
Director of Communication and Public Relations
+47 92 61 67 59