Dana Petroleum names Reidar Hustoft new managing director for Norway

Aberdeen-based Dana Petroleum named Reidar Hustoft its new managing director for Norway, effective February 1, replacing outgoing MD John M. Dahlen.

Hustoft, who has 30 years experience in the North Sea, previously served as head of Dana’s Netherlands business. Hustoft says the two branches are very different. Whereas the Dutch business maintains a varied portfolio of exploration, production and development activities, the Norwegian side is primarily focused on exploration activity.

“(In Norway) our longer term ambition is to build a balanced portfolio of exploration, development and production assets,” Hustoft says. “In the short term we need to build a strong exploration team, deliver attractive exploration prospects and develop the operating capability and safety culture to take on the challenge of developing these opportunities.”

While the two countries have different considerations, Hustoft says he has no plans to change his management style.

“Under my leadership health, safety and environmental management is always on the agenda as core values, and we are committed to continuous improvement in providing a safe place of work and performing our activity in an environmentally responsible manner,” he says. “In the Netherlands (Dana) built a strong safety culture recognized by the authorities and the E&P industry, and we intend to build on the same principles and with the same commitment as we grow in Norway.”

Current News

Prysmian Hires NextGeo for Interconnector and Offshore Wind Survey Work

Prysmian Hires NextGeo for Int

Agogo FPSO Produces First Oil at Azule Energy’s Field off Angola

Agogo FPSO Produces First Oil

Japan Assigns Two Sites for Upcoming Offshore Wind Auctions

Japan Assigns Two Sites for Up

Shell's Second Quarter Profit Tumbles by Almost a Third

Shell's Second Quarter Profit

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine