Hans Jakob Hegge

Group Chief Financial Officer at Scatec ASA
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Contact Information
us****@****om
(386) 825-5501
Location
Stavanger, Rogaland, Norway, NO

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Experience

    • Norway
    • Renewable Energy Power Generation
    • 700 & Above Employee
    • Group Chief Financial Officer
      • Mar 2023 - Present

      Scatec develops, constructs and builts renewable energy power plants with focus on emerging markets. We are present in 30 countries and have around 800 employees with 50 different nationalities. The company is delivering solid earnings and a growing cashflow from power production, development and construction of renewables energy plants and from Operation and Maintenance services. A true industrial company with solid expertise and a strong reputation and brand in the companies we operate in. With a leading ESG profile we attract, develo and retain talented people from 50 different nationalities. As a purpose driven organization we are a strong force with a clear direction towards net zero. Show less

    • Norway
    • Oil and Gas
    • 1 - 100 Employee
    • Group CFO
      • Oct 2021 - Mar 2023

      CFO i nye Moreld med ny konsernmodell fra 1.9, ny logo og felles brand for 17 unike selskaper. Vi er en viktig leverandør til olje- og gassindustrien og vokser innen fornybar. Vi har sterke merkevarer som Apply, Global Maritime, Karsten Moholt og Agility. Og nye vekstmotorer som Moreld Offshore Vind, Moreld Aqua og digitalselskapet Btwn. Vi er eid av Hitec Vision og skal være et ledende selskap i energitransisjonen og har god kompetanse og viktige kunder innen maritim næring, oppdrett og offshore vind. Show less

  • Equinor ASA
    • Austin & Houston, Texas
    • Senior Vice President and Country Manager US
      • Aug 2018 - Oct 2021

    • Norway
    • Oil and Gas
    • 700 & Above Employee
    • Executive Vice President and Chief Financial Officer
      • Aug 2015 - Aug 2018

      In the period we managed the company in times of volatility with oil prices varying from 90 USD/bbl to 27 USD/bbl and back to 80 dollars. Used the downturn to significantly strengthen the portfolio through value enhancing transactions like Carcara, Pao and Roncador in Brazil and Martin Linge and a 20% stake in Lundin in Norway. At the same time we divested non-core assets of 4 bn USD prior to the downturn in a country-cyclical effort to further strengthen the balance sheet. Credit rating was further strengthened and gearing reduced by 10 percent. Cash flow from operations first six months in 2018 amount to 13 bn and future cash flows likely to remain strong at current price level. Portfolio: more than 30 bn increased value.Improvements: 4,5 billion dollars in annual savings. Downsized with 5000 FTEs and consultants by 2000.Share price: from 136 to 220 NOK/share. 1st quartile in peer group 3 years in a row. First Capital Markets day share price increased by 9,1% and 4,5% relative to peers. F&C network was in the period reduced from 1100 to 880 FTEs and functional costs reduced by more than 300 millin NOK/year. Global Business Services reduced service costs by more than 1 billion NOK/year.Accountabilities included drive performance in the group within:- Portfolio management and risk- Finance- Accounting- Tax- Corporate IT function- Global Business Services Show less

    • Senior Vice President Operations North
      • Jan 2013 - Jul 2015

      Head of Operations North; Delivering safe and efficient production from the oil & gas fields Norne FPSO (incl. Marulk and Fast track field Skuld) and Snøhvit Hammerfest LNG. Key challenges: further develop a culture of industry leadership in HSE, drive operational improvement and strengthen a culture of cost consciousness, get access to new areas and mature industrial positions to grow the industrial footprint in a highly prospective area. Contribute to further development of the supplier industry through challenging assignments and close cooperation. Proactive stakeholder dialogue to get alignment and ethusiasm for further development of the industry in the north.In addition I have been leading a group of senior leaders in Statoil that have explored the deep and complex field of sustainability. Through an interesting dialogue with more than 35 external experts we have developed our understanding of climate change, current and potential impacts of rising temperatures and how it can affect a rapidly changing business and regulatory environment. Show less

    • Senior Vice President
      • Jan 2011 - Dec 2012

      Head of Operations North Sea East; delivering safe and efficient production from the oil & gas fields Troll and Oseberg. 9 installations with more than 500 employees working offshore and a total of 1000 people in the area. Key challenges: further develop a culture of industry leadership in HSE, drive production, large scale modifications and plant integrity programs, area development to hunt project candidates for Fast track field development and stakeholder management.

    • Senior Vice President
      • Jun 2009 - Jan 2011

      Head of Operational development in Exploration and Production Norway. A 3000 FTEs unit responsible for:* Logistics & Emergency preparedness including helicopter transport to offshore installations, all shipping, storage and supply to the oil rigs and platforms from shore in Norway to Statoil operations.* Technical integrity of the installations offshore.* Engineering support, integrated and multifield operations.* Turnaround management and planning center.* Large projects and the portfolio prioritisation of the modifications projects.* Catering and cleening offshore. Show less

    • Senior Vice President Global Business Services
      • Jun 2005 - May 2009

      Head of Corporate services in Statoil and Global Busines Services in StatoilHydro;Senior leadership position as head of corporate services in Statoil including a large finance function (500 FTEs). Responsible for establishing Global Business Services in the merged StatoilHydro a unit with 2200 FTEs and 1000 consultants. Key challenges; Strategy development, stakeholder management, change management and driving a large scale transformation program to develop a world class shared service organisation. During the period Statoil won four prices for shared service excellence i.e. EQPC award for "Best mature European Shared Service organisation." Show less

    • Vice President, Business Development in the Tampen area
      • Jun 2002 - Jun 2005

      Business development on the Norwegian Continental shelf. Responsible for Business development in the most mature area on the NCS with key issues such as Long Range Plans to secure increased oil recovery (IOR), integrated operations and reserve replacement. Exploration near existing infrastructure, sactioning of new projects such as Tordis IOR, Gulltopp, Skinfaks/Rimfaks and licence administration. Meetings with OED and OD as well as partners.

    • Vice President Consulting services
      • May 2000 - Jun 2002

      Head of Consulting services a 200 FTE unit covering internal service provision within Change management, Leadership development, Learning services, Communication, Occupational health & work environment. Key challenges: downsizing, professionalisation of service model and performance improvement.

    • Project manager
      • Jun 1999 - May 2000

      Project manager within Corporate Strategy unit at HQ in Statoil. Key challenges: in close cooperation witha strategic advisory firm to contribute to a full reorganisation on Statoil into 5 distinct business clusters with focus on core business activities.

    • Business Consulting and Services
    • 700 & Above Employee
    • Senior Consultant
      • Aug 1997 - Jun 1999

      Strategy and Business development projects within the UK gas market Strategy and Business development projects within the UK gas market

    • Norway
    • Oil and Gas
    • 700 & Above Employee
    • Management trainee
      • Oct 1995 - Jul 1997

      Project management, benchmarking, organisational change and large scale tranformation. Change management support and leadership development educational programs. Project management, benchmarking, organisational change and large scale tranformation. Change management support and leadership development educational programs.

    • Business Consulting and Services
    • 700 & Above Employee
    • Management consultant
      • Jun 1994 - Oct 1995

      Management consulting towards chemical industry, governmental bodies and retail. Tasks carried out; strategy development, analytical work and presentations/reports. Management consulting towards chemical industry, governmental bodies and retail. Tasks carried out; strategy development, analytical work and presentations/reports.

Education

  • Norges Handelshøyskole (NHH)
    M.Sc in Economics and business administration, Strategy development
    1990 - 1994
  • Handelshøyskolen BI / BI Norwegian School of Management
    Organisational psychology, Team development
    2003 - 2004
  • IMD (International Institute for Management Development) - Business Programs
    Business transformation - "Orchestrating winning performance"
    1995 - 1995

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