Vår Energy appoints new VP Field Development & Projects

Source: press release, 20 April 2020

Vår Energi VP Field Development & Projects, Bjørn Thore Ribesen
Vår Energi VP Field Development & Projects, Bjørn Thore Ribesen (photo: Vår Energi)

Bjørn Thore Ribesen has been appointed VP Field Development & Projects, a newly created position at Vår Energi.

Ribesen will join Vår Energi as VP Field Development & Projects Monday 1 June. He comes from the position as Senior Vice President, Drilling & Wells in Aker Energy.

“We are very pleased with getting Bjørn Thore on board. In addition to his technical expertise, he is a highly experienced and well-liked leader. We are a company with ambitions, committed to a long-term development of the Norwegian Continental Shelf, and Bjørn Thore’s in-depth knowledge and long experience will be of high value going forward,” says Vår Energi CEO, Kristin F. Kragseth.

Ribesen has over 25 years operational and strategic experience from international oil and gas industry. In Vår Energi, he will oversee the company’s development projects – Balder X being the most prominent.

The project represents an overall investment of over NOK 20 billion and involves an upgrade of the Balder and Ringhorne fields in the North Sea. The project will extend production from the area to 2045.

Bjørn Thore Ribesen will be located at the Vår Energi office in Forus, outside Stavanger, Norway.