Ex-Equinor exec joins Vår Energi

Norwegian oil and gas company Vår Energi has appointed Equinor’s former Vice President of Project Management and Control to its executive management team, seeking to turn its growth plans into reality.

Vår Energi reported on Tuesday that Tone Rognstad had joined the executive management team as VP of People & Organization.

Tone Rognstad, Vår Energi’s new VP People & Organization, commented: “Vår Energi is one of the most exciting oil and gas companies in Norway. The company is young but carries a proud legacy and pioneering spirit and has in a short time assumed a leading position with a clear path to sustainable growth. The ambitions, energy and the will to win suit me perfectly, and I really appreciate the Vår Energi commitment to a better future.”

Prior to joining the company, Rognstad held the position of VP for Project Management and Control at Equinor. During 15 years in various leadership positions at Equinor, Rognstad accumulated extensive management experience from HR and organizational development.

Prior to that, the newest member of Vår Energi’s executive management – who has a degree in banking and finance from BI Norwegian Business School – worked for General Electric, both in Norway and internationally.

Torger Rød, who took over the CEO role at Vår Energi in June last year, remarked: “We have ambitious growth plans and the further development of our employees and the organization is a very important part of delivering on these ambitions. I am very pleased that Tone has agreed to join us. She has the right qualities and experience to meet tomorrow’s requirements and expectations to a high-performing company such as Vår Energi.”

It is worth reminding that Vår Energi’s CEO, Torger Rød, was added as a new board member of the Norwegian Oil and Gas Association (NOROG) in December 2021.

When it comes to recent actions carried out by Vår Energi, the company took out a loan of $6 billion from 12 different banks in November 2021 as part of its refinancing strategy, which is expected to assist the firm in pursuing further growth opportunities.