About Petoro

Petoro is a state-owned limited company which manages the SDFI in the Norwegian oil and gas sector. These holdings comprise a third of Norway’s oil and gas reserves and associated facilities. Petoro’s formal role as the licensee acting on behalf of the state is described in this two-minute film. Animation on Petoro

Management of Petoro AS

Petoro’s management team possesses broad specialist expertise as well as long and extensive experience from the petroleum industry on the NCS and internationally.
Emile Ashley
Photo: Emile Ashley

Marion Svihus

- Chief financial officer
Education: 
MSc in business economics, Norwegian School of Economics, Bergen.

Career: 
Extensive experience from Statoil, where she held a number of senior management positions in the fields of economics, analysis, finance and strategy. She also has eight years of experience from the banking and financial sector.

Finance department:
The department is responsible for financial management of Petoro’s activities and the SDFI. That includes the preparation of accounts and budgets for the SDFI and Petoro AS. It follows up budgets in relation to performance targets and appropriations for Petoro and the SDFI portfolio. The department prepares forecasts, undertakes profitability calculations ahead of investment decisions, handles risk management and conducts internal audit activities.
    
Petoro is concerned to ensure that it has efficient systems for managing its business. Good management models will help to maximise value creation for the government. They must meet the official requirements specified in government regulations for accounting and financial management, as well as the provisions for governance on the NCS which are specified in agreements. The department’s responsibilities also cover commercial negotiations related to phasing-in new projects with existing infrastructure on the NCS.
Kjetil Alsvik
Photo: Kjetil Alsvik

Hege Waldenstrøm Manskow

- Direktør organisasjon og forretningsstøtte
Udanning:
Luftforsvarets befalsskole, Cand.mag samt Human Resources Management Masterprogram

Karriere:
Har lang og bred arbeidserfaring fra Forsvaret, Aker sykehus, Leif Höegh & Co, Nexans og DONG E&P Norge. Har hatt stillinger som personalsjef og sist som ansvarlig for HR og forretningsstøtte i DONG E&P Norge.

Organisasjon og forretningsstøtte - avdelingen:
Avdelingen ivaretar  HR og organisasjonsutvikling, kommunikasjon, IT, intern HMS, innkjøp og administrasjon.