Norwegian Oil Operator DNO Names New Finance Chief as Sandborg Steps Down

25-09-2025


Norwegian oil and gas operator DNO ASA has appointed Birgitte Wendelbo Johansen as its new Chief Financial Officer, effective 1 November 2025. She will replace Haakon Sandborg, who is stepping down after 24 years in the role, marking a significant leadership transition for the Oslo-listed energy company.

Ms. Johansen joins DNO from Reach Subsea ASA, an Oslo Børs-listed oil services company where she served as Chief Financial Officer since 2012. Prior to her tenure at Reach Subsea, she built a successful career in banking with specialization in shipping and energy sectors, bringing substantial financial expertise to her new position.

Mr. Sandborg, who joined DNO from corporate finance roles at DNB and the Aker oil services group, is the company's longest-serving staff member. During his tenure, DNO completed 21 successful bond placements with no waivers, amendments, or defaults, a track record that incoming CFO Johansen described as difficult to overstate in terms of contribution to the company.

The transition will see Mr. Sandborg remain at DNO in a senior advisory role until the end of the year, ensuring a smooth handover. DNO ASA, founded in 1971 and listed on the Oslo Stock Exchange, maintains operations in the Middle East, North Sea, and West Africa, with stakes in onshore and offshore licenses across multiple regions including the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d'Ivoire, and Yemen.

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Energy Transition Leaders at ABB Earn Prestigious Industry Recognition

{'$date': '2025-10-02T17:08:12.427Z'}


Two senior leaders from ABB Electrification Service have been named among the Future of Field Service's prestigious 2025 Stand Out 50 Leaders, recognizing their significant contributions to advancing service innovation in the energy sector. Dr. Matthew Wise, Global Head of Strategy & Business Development, and Andressa Ferraz, Sustainability Advisory Service Manager for EMEA, were selected for their outstanding work in redefining field service capabilities and developing customer-centric energy solutions that support the global energy transition.

The recognition highlights the team's instrumental role in helping customers navigate complex energy challenges through new service business models and strategic collaborations. Their work emphasizes operational rigor, circularity principles, and long-term customer value creation, positioning ABB as a key partner for industries modernizing critical infrastructure and accelerating the shift toward smarter, cleaner operations. The award underscores ABB Electrification Service's commitment to extending asset lifetimes while supporting customers' sustainability objectives.

Stuart Thompson, President of ABB Electrification Service, praised the leaders' achievements, stating: "This recognition reflects Matt's and Andressa's commitment to redefining what field service can achieve when we work together with our customers as trusted partners. Their leadership in developing accessible energy solutions shows how service innovation can drive both performance and sustainability, all while remaining relentlessly focused on customer outcomes." He emphasized that their approach has enabled customers to better manage the complexities of renewable energy integration.

Dr. Wise has been instrumental in driving strategic partnerships and acquisitions to expand ABB's innovation ecosystem, particularly in digitalization, energy storage, and emerging technologies including artificial intelligence and edge computing. His collaborations with startups such as GridBeyond, Ndustrial, and Pratexo have enhanced ABB's ability to deliver sophisticated electrical asset management and real-time decision-making capabilities. Meanwhile, Ferraz has played a crucial role in pioneering ABB's newly launched Battery-Energy-Storage-Systems-as-a-Service offering, addressing critical market needs around energy storage and management solutions.