We know who we are

Sval started out as Solveig Gas, owners of gas infrastructure for the oil and gas industry. Since then, we have expanded into exploration & production, acquired licences in oil and gas fields, and invested in renewable wind power.

We have strong funding from HitecVision, one of Europe’s largest private equity funds, managing approximately USD 6,6 bn. HitecVision’s main focus is within Europe’s energy industry.

A small company with big plans

Being a small organisation has many benefits. There is often a short amount of time between finding an opportunity and signing a contract. Our flat organisational structure ensures that anyone in Sval can bring ideas to the table and contribute to the company’s growth and development.

Our plans are ambitious, and we’re working towards a more sustainable future. We aim to be a major Norwegian organisation in the energy sector, holding a strong and sustainable portfolio relevant for decades to come.

Our investors see lots of opportunities in the energy sector, including renewables, so as production grows we are constantly looking for more skilled and experienced people who can take Sval further.


Nikolai Lyngø

Nikolai Lyngø


  • More than 20 years of experience in the oil and gas industry in Norway and internationally.
  • Broad background including leadership roles in strategy, business development, licence management and operations in Equinor, Petoro and PWC.
  • Previous experience includes head of corporate strategy and head of the CEOs office at Equinor.
  • Master of science in Industrial Economics and Technology Management.
Ida Veland

Ida Veland


  • Recent position as interim Managing Director and COO of DNO Norge
  • Previous experience with Paladin Resources and Equinor
  • Experience with subsurface & BD
Abdelkarim Abbou

Abdelkarim Abbou


  • 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

Thomas Bjørgo


  • 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
Halvor Engebretsen

Halvor Engebretsen

SVP BD & Commercial

  • 25 years of experience in the oil and gas industry, nationally and internationally
  • Leadership roles in business development, strategy, governance and operating models, project development and operations in Equinor
  • Previous experience includes head of corporate BD, strategy, Management systems and operating models
  • Master of science in biology. Business Administration and Management. Political and Social Science

Board of directors

Gunnar Olsen


  • 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

Anne Strømmen Lycke


  • Extensive experience with Hydro and Statoil/Equinor; upstream, infrastructure and renewables
  • Extensive experience from wind power
  • Business development and M&A
    Master of Technology from NTNU

Tim Bushell


  • 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

Kristin Gjertsen


  • Extensive expertise in project management, strategy and field development, offshore licensing processes and turnaround management
  • Previous experience with Exxon, Accenture, Norsk Hydro/Equinor, Microsoft and Aker
  • Master of Science from Norwegian University of Science and Technology (NTNU) and a MBA from Norwegian School of Economics (NHH)

John King


  • 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


  • 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