Noreco Group

Silje Augustson Portrait 


Silje Augustson, Group CEO and Executive Board Member

Silje Augustson has significant experience from the capital markets and the financial services industries mainly based out of London. Her experience spans from roles within equity sales and research in investment banking, to business development, strategy and investor capital fundraising in the alternative asset management industry. Ms. Augustson has held positions with JP Morgan, The Brunswick Group, Theorema Asset Management, Belay Asset Management. Currently she works with Xynteo, a strategic advisory firm based in Oslo and London, with clients in the Oil and Gas industry. Augustson is a Non-Executive Director of Panoro Energy ASA, and serves on the board of the Storm Nordic Fund, the Storm Bond Fund, SurfSide Holding AS and Mikrofinans Norge AS. She holds a Deug in Economics from the University of Toulouse UT1 (1996), and a Master in European Management/Diplome de Grande Ecole from ESCP-EAP (1999).

Noreco Norway AS

Tommy Sundt Portrait 


Tommy Sundt, General Manager for Noreco Norway AS

Tommy Sundt joined Noreco in September 2014. Until recently and for ten years Sundt was CFO in Rocksource ASA, an oil and gas company listed on the Oslo Stock Exchange. Sundt has previously held positions in companies dealing with business development, entrepreneurial activities and investments. Early in his career he was an auditor. Sundt holds an M.Sc. in Economics and Business Administration from the Norwegian School of Economics (NHH).


Lars Fosvold

Lars Fosvold, Vice President Exploration

Joined Noreco in December 2005. Has worked in the oil and gas industry since 1986 in Norway and internationally. Has held various specialist and leading geoscience positions in the total value chain from exploration to development and production with several major oil companies. Holds a BSc (Hons) in Applied Geology from the University of Strathclyde in Scotland.



Portrait Øyvind Sørbø

Øyvind Sørbø, Vice President Commercial

Joined Noreco in September 2006. Has worked in the oil and gas industry since 1993, and held positions in Amoco and BP within finance, economic analysis, commercial operations and business development.  Held several commercial responsibilities within BP, including the role of Commercial Advisor for their producing assets. In Noreco, Sørbø has held positions as Sr. Commercial Advisor and Business Development Manager. Øyvind Sørbø holds a BA (Hons) degree in Economics and Finance from the University of Strathclyde Scotland.