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Ståle Kyllingstad, Chairman
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Kyllingstad is the founder and CEO of IKM Group. The company provides equipment and services to the oil industry. He is a petroleum engineer, and after a short period as Department Manager at University of Stavanger, he started in Hydrotech AS. In 1989 he founded what would later be known as IKM by buying the calibration laboratory and established Hydrotech Laboratorium AS, later called IKM Laboratorium AS. This company was the first of numerous companies known as IKM. Kyllingstad is chairman of the board of Norsk Industri, Oil and Gas.
 Career and directorships
Ståle Kyllingstad and close associate (IKM Industri-Invest AS) hold 23 673 998 shares in Noreco.
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Ole Melberg, Deputy chairman
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| Melberg has a business degree from NHH (Norwegian School of Business Administration). From 1970 – 72 Melberg spent two years with DENOFA – Lilleborg. Melberg has held several positions in Smedvig during his 26 years with the company, including manager of AS Smedvig Drilling Co. in 1984 and CEO of Smedvig ASA in 1990. Left Smedvig in the spring of 1998 and set up Melberg Partners and Energy Ventures. Melberg is currently holding the position of Managing Partner of Energy Ventures. Has held directorships in Umoe ASA, Awilco, Aker Yards, Aker Drilling, Rosenberg and APL. |
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Ole Melberg holds 180 048 shares in Noreco.
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Eimund Nygaard, Board member |
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Nygaard is holding the position as CEO of Lyse Energi. He has held several managing position in Lyse Energi (former Stavanger Energi) since 1989. Nygaard is Chairman of the board of Sandnes Sparebank and is members of the boards of Enova SF and Renovasjonen IKS. Nygaard is educated at Rogaland Distriktshøgskole (now University of Stavanger) and holds a degree in Economy and administration.
Eimund Nygaard and close associate (Lyse Energi AS) hold 23 647 460 shares in Noreco.
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Shona Grant, Board member |
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Grant is currently partner in Wellwork Innovation, and holds a BSc in geology from University of Aberdeen, and a PhD in geology from University of Leicester. Since 1987 Grant has held several technical and managing positions for BP in the UK and Norway, including Ormen Lange Project Manager in 2000, and has since 2009 been providing management consultancy services to several oil- and technology companies.
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Shona Grant holds 20 000 shares in Noreco.
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Mona Iren Kolnes, Board member |
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Mona Iren Kolnes holds a Master's degree in Business Administration from the Norwegian School of Economics and Business Administration (NHH). Kolnes has 25 years experience in the oil-and gas industry, mainly related to finance, strategy and asset management in both the up-and downstream business. She is currently Chief Financial Officer in Inwind AS, coming from a position as Vice President in Statoil, and has comprehensive management experience holding a number of senior positions in Statoil and Conoco.
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Mona Iren Kolnes holds 30 000 shares in Noreco.
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Hilde Drønen, Board member |
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Hilde Drønen is currently the CFO in DOF ASA (since 2004), and has extensive experience from the offshore sector. She has previously worked as the Finance Director in Bergen Yards AS (2003-2004) and Group Contoller for the Møgster Group (1995-2003). She holds a Business Administration degree and Business Management degree from the Norwegian School of Management (BI) and a legal course from Universitetet i Bergen (UIB). Mrs Drønen is represented in several Boards of Directors, including the Board of Directors in DOF Subsea AS (since 2005) and Sevan Marine ASA (since 2006)
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Hilde Drønen holds 40 000 shares in Noreco.
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Arnstein Wigestrand, Board member |
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Wigestrand has around 20 years upstream and downstream experience from the oil- and gas-industry, with Statoil and Saga Petroleum. For the past ten years he has worked as an oil analyst with SEB Enskilda. Today, Wigestrand is working as an investor and advisor in his own business. Wigestrand is educated at Norges Tekniske Høgskole and Institut Francais du Pétrole.
Arnstein Wigestrand holds 60 000 shares in Noreco.
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Lotte Kiørboe, Employee Representative |
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| Kiørboe joined Noreco in 2008. She has a Masters degree in geology from Copenhagen, and a PhD from Aaahus University. She began her career in 1988 with GEUS, where she worked with oil-related tasks including continental appraisal by the Faroe Islands and Greenland. From 1997 until 2008, Kiørboe was employed with Maersk Oil in exploration in West Africa, Brazil and Norway. Kiørboe currently holds the position of Exploration Manager in Denmark. |
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Lotte Kiørboe holds 18 331 shares in Noreco.
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Bård Arve Lærum, Employee Representative |
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Lærum have more than 15 years experience from the industry. He joined Noreco in 2007. He worked 11 years in various positions within subsurface, projects and commercial in BP prior to joining Noreco. He holds a Master of Science degree in Petroleum Technology from University of Stavanger, Norway. Lærum is currently holding the position as Asset Manager in Noreco.
Bård Arve Lærum holds 54 329 shares in Noreco.
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