For information about the current emergency situation,
click here.

God dag, we are Sval

We provide energy. That’s why we’re here.

In Norwegian Sval [svä'l] means fresh, pleasant and cool. Pronounce it with a long ‘a’, like father, and you’ll sound more or less like a Norwegian.

● About Sval

Where we came from – where we’re going

Sval, previously known as Solveig Gas, has worked with natural gas since 2011. From the very beginning our main business was to transport gas from the North Sea to Europe. Today we also participate in the exploration and development of oil & gas fields. Going forward, our ambition is to provide energy from oil and gas and new energy sources.

Bringing natural gas to Europe
Sval owns 15.6% of Gassled, the world’s largest offshore gas network. Gassled provides pipelines linking gas producing fields in the North Sea and the Norwegian Sea to the UK and Continental Europe. In October 2019 Sval acquired 13.3% in Polarled, the first pipeline on the NCS to cross the Arctic Circle, and the pipeline delivers gas to the UK and continental Europe via Nyhamna gas processing plant.

From transportation to exploration, development & production
In November 2019 we acquired a 10% share in the Duva field, and also Cairn’s Norwegian business, including a 10% share in the Nova field plus an exploration portfolio. These acquisitions confirm our ambition to explore and provide energy
for decades to come.

Solid foundation
Sval is fully owned by HitecVision, Norway’s largest private equity firm, with a total committed capital base of USD 6 billion. We have high ambitions and will continue to invest in infrastructure, exploration, developments, production and new innovative energy solutions in the years to come.

● About Sval

Management

Abdelkarim Abbou

CEO

  • 15 years of experience from Equinor, most recently as VP Safety, Security and Sustainability
  • Previous experience includes various leadership positions within operations/ platform manager, commercial and business development
  • Economist/ business management by background

Thomas Bjørgo

CFO

  • Recent position as CFO of Vår Energi
  • Previous experience as CEO and CFO of Core Energy
  • Experience with corporate development, BD and integration
  • Financial analysis/management

Ida Veland

COO

  • Recent position as interim Managing Director and COO of DNO Norge
  • Previous experience with Paladin Resources and Equinor
  • Experience with subsurface & BD
  • Education background as a Reservoir Engineer

Board of directors

Gunnar Olsen

Chairman

  • Extensive experience with Total, both infrastructure and upstream
  • Business development and M&A
  • Brings international experience as well detailed knowledge of super-major behavior
  • Master of Law from UiB

Ole Ertvaag

Director

  • Co-founder of HitecVision
  • Prior to founding HitecVision in 2000, Ertvaag was the CFO of the oil service technology company Hitec ASA
  • Extensive operational and financial experience

Tim Bushell

Director

  • Extensive experience from the oil and gas sector
  • Most recently as CEO at Falkland Oil and Gas, and was co-founder of Core Energy AS
  • Qualified geologist with over 35 years experience
  • Public company experience at board level

Pål M. Reed

Director

  • Joined HitecVision in 2005
  • Prior to HitecVision, Reed was previously the CIO of Argentum Fondsinvesteringer AS, the Norwegian State’s investment company for private equity fund investments

John King

Director

  • Extensive commercial gas and LNG expertise
  • Previous experience with Shell and Equinor on the Troll development and gas trading
  • Founder of Eclipse Energy, which was sold to Platts

Gunnar Halvorsen

Director

  • More than 25 years of oil industry experience
  • Previous experience with Amoco in Norway and Houston
  • Has been involved in all of HitecVision’s E&P investments from sourcing to exit

● Work with us

Vacant positions at Sval

Vice President Projects / Facilities

We are already participating in development projects on the NCS, but we have solid backing and great ambitions to participate in more developments and producing fields.

See job description

We are now seeking a dynamic and experienced manager for this key position in the company: someone who wants to make real impact and contribute to the company’s growth journey. The position is Stavanger based and reports to the Chief Operating Officer in Sval.

Responsibilities and tasks:

  • Key projects and facilities advisor to executive management
  • Provide advice and input to business development and acquisitions evaluations
  • Value adding follow up of developments portfolio
  • Value adding follow up of producing fields portfolio
  • Build further facilities and project team within the company as required

Qualifications and experience:

  • MSc. within engineering discipline
  • Minimum of 10 years of experience from relevant positions
  • Hands-on experience with project management in the oil & gas industry
  • Broad understanding of facilities engineering / subsea technology /offshore host modifications/HSE
  • Cooperative and thrives in multi-disciplinary teams
  • Fluent in English and good knowledge of a Scandinavian language

Personal qualities:

  • Pro-active and self-driven
  • Dynamic and able to handle multiple tasks and high workload
  • Can combine a broad overview and hands-on work
  • Strong communication skills

For more information contact:
Ida Veland, COO
922 89 359
facilities@sval-energi.no

Business Analyst

Are you a person with strong analytical skills who is eager to impact decisions in a company with a strong track record and great ambitions?

See job description

We are seeking a Business Analyst to work with Business Development and financing. You will handle a broad spectrum of BD and finance tasks and support the management and our commercial activities. The position is Oslo based and reports to the VP Business Development in Sval.

Responsibilities and tasks:

  • Financial modelling, valuation and investment analyses
  • Administration of BD and M&A processes
  • Preparation of board papers and documents for management decisions
  • Support on debt capital raising and bank relations
  • Strategic planning and implementation

Qualifications and experience:

  • MSc. within Finance, Economics or similar
  • Minimum of 5 years of experience from similar positions or from banking
  • Experience with financing of oil & gas activities
  • Strong Excel and modelling skills
  • Fluent in English and good knowledge of a Scandinavian language

Personal qualities:

  • Self-driven with an eye for details
  • Analytical, structured and with high work capacity
  • Proactive, with commercial drive and mind-set
  • Strong communication skills

For more information contact:
Thomas Bjørgo, CFO
982 06 883
analyst@sval-energi.no

Compared to the majors we are a relatively small energy company, and that means you will have a unique chance to influence decisions in the company.

We have offices in Stavanger and Oslo, and if you become a part of our team you will have the pleasure of working with some of the finest people in the industry. We have a strong financial platform and we strive to be an agile and dynamic energy company.