Equinor SA said April 22 Tim Dodson will step down as its head of exploration at the end of May to take on a new role.
Dodson, who has been with Equinor since 1985, has led the Norwegian oil and gas company’s exploration efforts since 2011. During his time as executive vice president of exploration, Equinor has made several notable discoveries, including a find that would later become part of the giant Johan Sverdrup Field in the North Sea offshore Norway operated by Equinor.
In what Equinor described as “a planned change to the leadership of exploration,” Dodson is now set to become vice president of strategy execution in global strategy and business development starting June 1.
At which time, Tore Løseth will step into a new role as acting executive vice president of exploration. As part of the appointment, Løseth, previously in charge of international onshore exploration, will also join the corporate executive committee in this capacity.
Løseth started his Equinor career in 2001 at the research center as a geologist, working with technology development and implementation as well as technical services for petroleum technology and exploration. Prior to his appointment as Equinor senior vice president of international onshore exploration in October 2017, he served as senior vice president of Gulf of Mexico exploration based in Houston.
Recommended Reading
Exxon’s Payara Hits 220,000 bbl/d Ceiling in Just Three Months
2024-02-05 - ExxonMobil Corp.’s third development offshore Guyana in the Stabroek Block — the Payara project— reached its nameplate production capacity of 220,000 bbl/d in January 2024, less than three months after commencing production and ahead of schedule.
What's Affecting Oil Prices This Week? (Feb. 5, 2024)
2024-02-05 - Stratas Advisors says the U.S.’ response (so far) to the recent attack on U.S. troops has been measured without direct confrontation of Iran, which reduces the possibility of oil flows being disrupted.
Tinker Associates CEO on Why US Won’t Lead on Oil, Gas
2024-02-13 - The U.S. will not lead crude oil and natural gas production as the shale curve flattens, Tinker Energy Associates CEO Scott Tinker told Hart Energy on the sidelines of NAPE in Houston.
What's Affecting Oil Prices This Week? (March 18, 2024)
2024-03-18 - On average, Stratas Advisors predicts that supply will be at a deficit of 840,000 bbl/d during 2024.
What's Affecting Oil Prices This Week? (March 11, 2024)
2024-03-11 - Stratas Advisors expects oil prices to move higher in the middle of the year, but for the upcoming week, there is no impetus for prices to raise.