Management and The Board

A wealth of knowledge and experience leading our vision and strategy

The Add Energy management team and our board of directors have extensive experience within the energy industry, as well as from both private and listed companies.

The team members have been creating, developing, growing, professionalizing and internationalizing businesses for up to 35 years as owners, top-level managers and board members.

Management

Dr. Ole B. Rygg

Dr. Ole B. Rygg

Chief Executive Officer

Ole is internationally renowned as an expert within blowout prevention and well killing. He started as a research scientist in multiphase flow at the Institute for Energy Technology in Norway.

He co-founded Well Flow Dynamics (now a part of Add Energy) which specialized in well control and multiphase flow analysis. He has advised operators world-wide on blowouts for more than two decades and was directly involved in solving the well kill operations on Montara (Australia), Macondo (GoM) and Elgin (North Sea).

Terje Løkke-Sørensen

Terje Løkke-Sørensen

Chief Technical Officer

Terje joined Add Energy in 2008 as Vice President Consulting and later Well Engineering Manager.

He holds an MSc in Petroleum Engineering from NTNU.

He was employed by Exxon and Phillips until he founded Vestdrill AS (now a part of Add Energy) in 1992. In addition to managing the company, he worked for several oil companies as a consultant drilling engineer and project manager; Aker Energy, BG Norge, BP, Circle Oil, Chevron, ConocoPhillips, Eni Norge, Enterprise, E.on, Esso, Gaz de France, Larmag, Marathon, Hydro, DEA, Saga Petroleum, Statoil, Talisman and Tullow.

Terje was instrumental in redesigning the “NORSOK D-010 Well Integrity in Drilling and Well Operations” standard; he acted as lead editor of its 2013 revision and teaches its principles in training courses.

Harald Justnæs

Harald Justnæs

Chief Financial Officer

Harald joined Add Energy in 2009 as CFO.

He holds a BSc (Honours) in Business Administration from the Oslo Business School and has participated in one out of three modules of the Master of Management program at the Norwegian School of Management.

Harald has worked as; Group Chief Accountant (Vice President) of SpareBank 1 SR-Bank, CFO of Figgjo AS, Group Chief Accountant (Vice President) of Gjensidige Forsikring and CFO of Gjensidige Marine & Energy Insurance AS.

Peter Adam

Peter Adam

Executive Vice President - Asset and Integrity Management

Peter Adam BSc. (Hons) HND (Merit), Burgess of Aberdeen, a founding member of the business has 20 years of experience in the energy sector, 3 years in manufacturing, and 2 years in defense, specializing in the fields of Business Performance Improvement, Operational Excellence, Digital Solutions, Reliability, Maintenance and Safety Integrity for energy companies globally.

Peter has proactively lead and developed Add Energy’s Asset and Integrity Management division since 2012, by creating a customer focused apolitical culture who can then concentrate on delivery.

Peter influences the industry through white papers, speaking, panels at conferences and by advising and presenting to Energy industry leaders and politicians across the global markets.

Morten Haug Emilsen

Morten Haug Emilsen

Executive Vice President - Well Control

Morten holds a MSc in Fluid Engineering. He has lead Add Energy’s Blowout group since 2015 and is a well control advisor with experience from a number of blowouts world-wide including Aliso Canyon, Macondo and Montara. He specializes in transient multiphase flow simulations and drilling related technical software development and has 25 years of experience with the OLGA software.

His competence within flow assurance has been utilized on a number of major field developments, conceptual studies, detailed engineering projects, topside process design as well as specialized applications like underbalanced/ managed pressure drilling application and multilateral well design.

Morten has authored / co-authored multiple technical papers, including the BP Deepwater Horizon Accident Investigation Report and testified as an expert witness in US District Court.

Eduardo Robaina

Eduardo Robaina

Executive Vice President - Operations

Eduardo holds B.E. in Mechanical Engineering and has over 20 years of experience in well design, completion and operations, ranging from subsea and deep water wells to onshore, heavy oil developments with artificial lift and well workovers and stimulation with coiled tubing and slick-line.

Eduardo has been in the current position since 2019. Sound commercial acumen, broader business understanding, with high standards of team and customer management, Eduardo has successfully transformed the services from purely technical engineering work to servicing a range of top tier clients in the Petroleum sector by covering a broad spectrum of general management activities. This includes contract negotiation, staffing management, business development, profitability and revenue management, client and stakeholder management and project execution.

Eduardo is also a key member of elite sporting organizations, senior member of Top Tier energy businesses and owner of a consulting firm.

Board of Directors

Per Arne Jensen

Per Arne Jensen

Chairman of the Board

Per Arne has been the Chairman since the inception of Add Energy in 2008.

He holds an MSc in Strategy and Finance from NHH and an MSc in Software Development from NTNU.

He has 25 years of industry experience from international markets with internationalization, M&A, technological development and growth.

He began his career with IRIS (an internationally renowned oil and gas research institute) where he worked on new technology and software for drilling and well applications. He then worked for Statoil and Western Geco on software development within the reservoir and G&G space, and became Vice President of IT company Computer Advances Group ASA (CAG), where he led strategic development, acquisitions, IPO work and investor relations. Thereafter he became the CEO of porcelain manufacturer Figgjo, where he headed the company´s business turnaround and global expansion.

Per Arne has previously held positions as Chairman of the Board for the Norwegian Design Council and Chairman of the Board for the Norwegian Centre for Design and Architecture.

He is currently a senior partner in Progressus Management and Energy Ventures.

Svein Ilebekk

Svein Ilebekk

Board Member

Svein graduated from the University of Oslo in 1981 with an MSc in Geology.

He has worked for different oil companies (Saga, DNO, Amoco, Revus Energy, Wintershall, Agora, Cairn Energy and Origo Exploration). Svein has more than 10 years’ experience as consultant geologist and was co-founder of a consultant company Jepsen, Sørensen & Ilebekk (1995) which was acquired by AkerKvaerner in 1997/1998.

Svein has co-founded three E&P companies; Revus Energy (2002) – acquired by Wintershall (2008), Agora Oil & Gas (2009 ) acquired by Agora by Cairn Energy (2012) and Origo Exploration (2014) acquired by DNO (2017). Svein left the position as Exploration Manager in DNO in 2020.

Rune Jensen

Rune Jensen

Board Member

Rune is Founder and Managing Partner of the Private Equity company Progressus Management AS and currently holds the positions as Chairman of Viju AS and Board Member of Safran Software Solutions AS, Hannon Westwood Ltd, Energy Ventures Private Equity V AS and of Add Energy Group AS.

He holds an MSc in Economics and Business Administration (NHH).

Rune started his career with Statoil in 1981. From 1990 to 1993 he held a CEO position in the financial services industry and from 1993 to 1999 he was working abroad as CEO in the publishing industry, responsible for twelve European countries. From 2000 to 2006 Rune was the CEO of the information and communication technology company Allianse, taking the company through a business turnaround and growth process including acquisitions and subsequent IPO on the Oslo Stock Exchange.

He is currently a senior partner at Energy Ventures.

Stig Hetlevik

Stig Hetlevik

Board Member

Mr. Hetlevik is the founder and CEO of Flopetrol Well Barrier AS. He has been working in the oil and gas-industry since 1980.

His experience includes 20 years of fieldwork in drilling and well operations on/offshore within the service industry (Flopetrol Schlumberger), for operating companies (Norsk Hydro, Saga Petroleum, BP, ExxonMobil, Statoil), and for Norwegian authorities (NPD/PSA) as a principal engineer within drilling, well operations and well integrity. He has been a Chairman, and later a member of NORSOK Expert Group Drilling (EGD) from 1999, which is still ongoing.

His experience includes over 19 years in project and management positions, including VP Operations in Prosafe Offshore Drilling, Co-Founder and VP Operations/Projects Offshore Rig Services (Drilling Contractor) for Design and construction of 3 midwater semis. He previously had the position as Director Marine Operations in Eastern Hemisphere for FMC Technologies, with all operations relevant to subsea systems.

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