Gold for best Business Development

This article originates from the news archive of Det norske.

4. February 2016

Det norske won the Gullkronen award 2016 for best Business Developer of the Year during the annual ceremony at Rystad Energy 3 February. The company was also nominated for Project Developer of the Year and Field Operator of the Year.

Gullkronen2016_Businessdeveloper_DetnorskeDet norske went all the way and won the Gullkronen as the best Business Developer of the Year. Other nominees in this category were Cape Omega, DEA Norway and Repsol Norway.

(Foto: Arne Gulbrandsen, Rystad Energy; Lars Kristian Kildahl, Andreas Grøntvedt, Ifor Roberts, Det norske oljeselskap; Oddvar Bjørgan, Nordea Markets)

“I am really pleased on behalf of Det norske to receive this recognition. We have had an ambition to see the opportunities and not only the challenges in a demanding market during 2015. Our transactions are a result of this strategy”, says Lars Kristian Kildahl, Manager Business Development in Det norske. He adds that a very good team-work is the basis for the work that now is being rewarded.“ I would like to say thank you to many people in our organization for the great contribution and support”, says Lars Kristian Kildahl.

Jury’s reasoning:
The Business Development activity on the NCS reached record high levels in 2015 in terms of transactions. The four nominees have shown vigor and determination by taking advantage of weak market fundamentals, with transactions ranging from billion dollar deals to small yet creative acquisitions.

The winner has displayed determination and strategic planning, securing a good and complementary portfolio of discoveries and exploration acreage for the future. The winner has also shown adeptness in its deal execution, maneuvering buyer’s market with swift decision making securing further growth after Johan Sverdrup.

Last year Det norske won Gullkronen 2015 for “Field Operator of the Year” for its excellent operation of the Alvheim area.

Gullkronen is dedicated to acknowledge high performances and achievements made by companies involved in the Norwegian oil and gas business during the previous year. The award was announced during a ceremony hosted by Rystad Energy in Oslo on 3 February 2016.

You may read more about the Gullkronen award here.