Lundin’s Norwegian branch to get new managing director

Oil and gas company Lundin Energy Norway, a subsidiary of Lundin Energy, is getting a new managing director next year as the current one intends to step down at the end of the year.

The company reported on Wednesday that its current managing director, Kristin Færøvik, would retire from the position on 31 December 2021.

Nick Walker, President and CEO of Lundin Energy, commented: “I would like to thank Kristin for seven years of committed service. Lundin Energy Norway has seen continued and successful growth under her leadership, from the production of just over 20 thousand barrels of oil per day to around 190 thousand barrels per day in 2021. The flagship operated Edvard Grieg field on the Utsira High has consolidated its position as a host facility, and the giant Johan Sverdrup field has been put into production.”

The firm also confirmed the appointment of Morten Grini to the position of managing director from 1 January 2022.

Kristin Færøvik, Managing Director of Lundin Energy Norway, stated: “I am proud of having continued to develop Lundin Energy’s business in Norway and of the success of Edvard Grieg and Johan Sverdrup. After seven years of leading the company, it is with pleasure I hand over the baton to Morten.”

Grini has been a member of Lundin Energy Norway’s leadership team since joining the firm in 2017 and is the current director for drilling and wells. Previously, Grini worked not only for ExxonMobil in Norway but also internationally for 19 years across a range of leadership roles.

“We know Morten very well as a highly successful technical professional and leader, who has made a significant impact in Lundin Energy in the relatively short time he has been with us. I look forward to working closely with him in his new role of Managing Director, as we continue to build Lundin Energy as one of the leading companies operating on the Norwegian Continental Shelf,” concluded Walker.