Webinar:
Annual Petroleum Economics Conference 2020

Mr. Aamot has more than 20 years of experience from the oil and gas industry, mainly from different roles in the Norwegian Ministry of Petroleum and Energy. Since 2009 he has been the Director General for Oil and Gas in the Ministry.

Mr. Aamot obtained his Cand Oecon degree from University of Oslo, Norway in 1996. He joined the Ministry of Petroleum and Energy working with issues related to Norwegian petroleum and environmental policies. In 2000 he joined Statkraft as Senior Economist. In 2001 Norsk Hydro AS as a Senior Investment Analyst working with business development and follow-up of its activities in US, Libya and Russia. He returned to the Ministry as Deputy Director with responsibility of Economic Analysis in 2002. Between 2004 and 2007 he was the Counselor for Energy at the Norwegian embassy in Washington DC.

I combine the role as Chief Economist in Norway with the role as Chief Credit Strategist for Swedbank at an overall level. By combining the efforts of our macro research team with that of our large team of credit sector analysts I aim to give a holistic view of the Nordic economies and credit markets. The Nordics are integrated in the world economy and financial markets, and therefore subject to global driving forces, but also retain important local specificities. Our analysis aims to distinguish and point out these similarities and differences to help both locals and foreigners to make the best possible investment decisions.

Past work experiences include asset management strategy (for the Norwegian sovereign fund), fiscal and monetary policy (at the Ministry of Finance), and financial stability (at Norges Bank). I hold master degrees in the fields of finance, economics and political science from NHH, LSE, Sciences-Po Paris and finally a PhD in Economics from the University of Oslo.

Specialties: Macroeconomics and financial analysis, credit strategy, asset management, economic policy and political economy. Data science, visualisation, communication, structured writing. Team work, leadership, engagement and enthusiasm!

Born: 1971
Education: Siviløkonom, Fribourgh 1996, AFA NFF 2002
Work experience: International Capital Growth, 2y, Terra Securities, 4y, Carnegie 10y, ABG Sundal Collier 9y.

Simon is a Partner with Rystad Energy with experience from E&P and oil field service projects. He is heading up Rystad Energy’s core North Sea team and has extensive knowledge about upstream activities on the Norwegian and UK Continental Shelves. Simon has also worked with valuation support, transaction activities and gas infrastructure assessments. He graduated from NHH and EM Lyon, France.

Anders Wittemann is an independent E&P strategy and business development consultant with Wittemann E&P Consulting (WEPC) since 2011 and as oil industry expert with M&A advisor INFIMA, with focus on the North Sea region. Anders has previous background from management consulting including McKinsey & Co and Petroleum Engineering with Shell working in UK and Oman. Anders has an MBA from INSEAD and an M.Eng in Petroleum Engineering from Imperial College and NTNU.

Key Highlights:
• Founder & Decision Scientist Consultant at ThinQ Decisions – a company that provides strategic decision-making support under risk and uncertainty.
• Held several lead and advisory roles as a Decision Scientist in Chevron in Norway, USA, and Kazakhstan with responsibility for decision-making and Decision Quality.
• Supported a broad range of strategic investments and portfolio decisions for the energy and oil/gas business: petroleum exploration & production, business development, technology & R&D, and developments of renewable energies.
• Contributor to Chevron’s award-winning decision-making practices (e.g. INFORMS 2015, Raiffa-Howard Award 2014 ++).
• Certified Lead Practitioner in Decision Analysis from Society of Decision Professionals.

Work Experience:
2019 – Present ThinQ Decisions, Norway
Title: Founder & Decision Science Consultant

Chevron Corporation
2015 – 2019 Tengizchevroil Joint Venture Company, Kazakhstan
Title: Decision Lead, Internal Consulting Group - Projects
2013 – 2014 North America Exploration & Production, Houston, USA
Title: Decision Advisor, Deepwater Gulf of Mexico
2011 - 2012 Chevron Technology Ventures – Emerging Energy, Houston, USA
Title: Commercial & Decision Analyst
2006 – 2010 Chevron Norge, Norway
Title: Commercial Analyst
2004 – 2006 Chevron Norge, Norway
Title: Asset Accountant (Consultant)

Education:
2002 – 2004 BI Norwegian Business School – Master of Science in Business Administration, Major in International Management
Exchange program: Case Western Reserve University, OH., USA
1999 – 2002 BI Norwegian Business School – Bachelor of Science in Business Administration, Major in IT Management

In his role as co-founder and CEO of GeoKnowledge, Charles has more than 25 years’ experience in leading development, sale and implementation of exploration decision support solutions in the petroleum industry. He has also been involved in consultancy projects on best practice exploration decision making, play assessment and prospect assessment. He has both designed and delivered training with a common core related to assessment of risks, resources and full cycle economic value at the play, prospect and portfolio level. In his academic career (that overlapped with the initial phases of his role in GeoKnowledge) Charles taught, consulted and researched in business strategy, leadership, organization development and technology management.

Relevant Work Experience
Managing Director, Decision Resources and Designs, 2014 –
Advisor, Schlumberger Information Systems, 2012 - 2014
Chairman of the Board and Director Strategic Development, GeoKnowledge, 2008 – 2012
Managing Director (CEO), GeoKnowledge, 1994 – 2008
Key Designer of GeoX system for play and prospect risk, resource and value assessment 1989 – 2014.

Academic background
Ph.D. Sloan School of Management, Massachusetts Institute of Technology (MIT)
MBA McGill University, Montreal, Canada
B. Eng. Ecole Nationale Superieur d’Electronique et de Radioélectricité de Grenoble
(ENSERG), Grenoble, France

Other professional experience
1984 - 2000 Professor, Strategy, Norwegian School of Management, Oslo, Norway
1978 – 1983 Professor, Computers and Information Systems, Norwegian School of Economics & Business Administration (NHH), Bergen, Norway
1974 – 1978 Assistant Professor, Information Systems, Graduate School of Business, Stanford University, Palo Alto, California

Silje K. Teveldal is a portfolio analyst in the Strategy and Portfolio Management team in Aker BP ASA. She has two years’ experience as a financial analyst and currently supports assets and projects mainly within exploration and reservoir development with portfolio analysis to aid decision making and ensure alignment with company strategy.

She has 3 years commercial experience from ExxonMobil in the mid- and downstream part of the industry.

She holds a MSc degree in Applied Mathematics from the University of Bergen, majoring in reservoir modelling. She has also completed a course in finance and investment from BI.

Since 1 March 2020 I have been chief economist in the Norwegian oil and gas association. I am responsible for tax questions and overall macroeconomic analysis. I also work with promoting understanding for the oil and gas industry within the Norwegian society

Earlier, I have worked 8 years as an advisor in Norwegian Confederation of Trade unions, LO. LO's most important task is to create a safe and fair working life and contribute to a society where everyone has equal opportunities for education, health, and other welfare services. As an advisor in LO, I worked with promoting good macroeconomic governance and proactive labor market policies, and analyses regarded to how the Norwegian model produces high rates of employment, a more balanced redistribution, increased gender parity and a more robust state financed by public revenues.

I have a Master of Science in Economics from Norwegian University of Science and Technology. The main subjects were international macro-economics, political economics, marked economics and public economics, as well mathematics and statistics for economic analysis.

Current position: Leading consultant Climate Policy, Corporate Sustainability Unit, Equinor
Hold a Master of Science degree and a Master of Management degree
Started in Statoil 1992, have worked 6 years for the downstream industry association (Norsk Petroleumsinstitutt) in Norway
Represents Equinor in idustry associations as the Oil and Gas Climate Initiative, the International Emission Trading Association and world business council for sustainable development

Are today working with Equinor’s climate ambitions and addition to cover issues like climate policy development, biofuels, methane and o&g carbon intensity.

Mr Hansen is currently head of System operation in Gassco. Key task is transporting the produced gas from 59 gas fields in NCS through the most advanced and complex subsea gas transportation network in the world – ending at the 7 exit terminals in Europe or loaded onboard ships going worldwide.

Former internal experience from several central positions in Gassco, both national and international; as General manager for the Gassco German Branch from 2012 to 2016.

Joining Gassco in 2007, he brought experience from Well operations from the NCS as well as outside of Norway. Further he had a central position as head of the offshore division in the Norwegian Maritime Directorate, during their move to and establishing in Haugesund.

After two years spent in TECHNIP as engineer on subsea projects in Angola, Mr. Hiegel joined TOTAL’s Exploration & Production division in 2008 as new ventures economist first in the headquarters in Paris and then in Norway between 2011 and 2014. Between 2014 and 2017, he moved to field operations and occupied site management positions in the Al Khalij field offshore Qatar and in the Tempa Rossa field onshore Italy.

Capitalizing on his experience in upstream activities, Mr. Hiegel joined TOTAL’s Gas, Renewables & Power division in 2017 in order to develop commercial CCUS projects (Carbon Capture Use and Storage), essential component of a future carbon neutral economy. He is the main lead for TOTAL’s participation in the Northern Lights project in Norway.

He is holding an Engineer’s Degree from Ecole CentraleSupelec and a Master of Science Degree in Economics, Energy and Markets from IFP School in Paris.

CV:
BA/MA, NHH, 1982
MBA, University of Chicago, 1984
Financial Analyst, Procter & Gamble, 1984-1987
Investment Director, Vital Insurance, 1990-98
Chief Strategist, First Securities/Swedbank 1998-2017
Chief Strategist, Sparebank1 Markets, 2017-