Det Norske appoints new CEO

Published

Karl Johnny Hersvik has been appointed as the new chief executive officer of Det norske oljeselskap ASA, effective May 1, 2014. Hersvik comes from Statoil, where he served as senior vice president of research and development in Trondheim since 2011.

Hersvik says that he is looking forward to joining Det norske.

"Det norske now enters a new phase as operator of the Ivar Aasen development, while the ownership interests in the Johan Sverdrup field constitute the company’s most significant asset. It is both exciting and challenging to contribute to the further development of Det norske as a significant player on the Norwegian shelf," he said.

Chairman of Det norske, Sverre Skogen, said he is very pleased with Hersvik's appointment.

"Det norske will be strengthened by a young and dynamic chief executive with extensive professional experience," he said. "We are confident that he is the right person to take the company further in an exciting phase."

Sverre Skogen will continue as working chairman, and Øyvind Bratsberg as general manager, until Hersvik assumes his new position in May.

Hersvike worked with Statoil since 1998, holding many professional and management positions in Statoil and Hydro, including chief reservoir engineer and operations manager. He has also held several positions in business development, including vice president and project lead for the West Qurna project in Iraq and vice president for Production Technology. Hersvik holds a Cand Scient degree in Industrial Mathematics from the University of Bergen.

Image credit: Statoil ASA

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