Now she becomes one of the most powerful in the oil industry – DN.no



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Kristin F. Kragseth (51) is one of the veterans of the Norwegian oil world. For 26 years, she worked in the industry, 25 years in the US company Exxon

– I'm almost like a potato. I can do and have done the most. I think it's cool with the challenges, "says Kragseth, who heads the new oil company Vår Energi.

– And now you become the most powerful Norwegian oil industry?

– It's a bit scary when you say it like that. But I have a lot of respect for this job. But I'm the captain of the best team, she says.

On Monday morning, the announcement was announced that Eni Norge has merged with Point Resources in what will be the fourth largest company on the Norwegian Continental Shelf. The new company will call Our Energy.

Point Resources is the result of the merger of the smaller oil companies Spike Exploration, Pure and Core Energy. Last year, Norway's Exxon field was bought for nearly NOK 8 billion and entered the company.

Kragseth denotes the goals of the new society as "hairy".

– What is the most difficult?

– Build a team. If we reach the goals, she says.

The company has 800 employees and becomes the fourth largest on the Norwegian Continental Shelf after Equinor, the Petoro State and French Total.

Working with Reputation

This is the first time that Eni decides to separate some parts of the business into an independent company. The company has been struggling for several years with the scandalous project Goliat. The overruns reached almost NOK 20 billion and the project was delayed by more than two years when it was commissioned in March 2016.

Kragseth is fully aware that the company must now work on the reputation of the company. wake of all criticism against Goliat project.

– Yes, we must. I read newspapers, like everyone else, so it's clear that we have something to work on. But I have been working in this industry for 26 years and I am proud of what we have. In Goliat, much work was done in the headwinds, but Jaggu sailed, says Kragseth

– The oil industry may seem conservative. Is it special to be a woman at the top?

– No, I did not think about it. I have never experienced anything special about it. The only thing may be that you are more easily considered a woman in a men's gathering, Kragseth said.

Kragseth is also known by both the Viking football club and the oilfield skating environment (Terms)

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