Change to Exploration in Equinor

April 22, 2020 07:50 CEST
Photo of Tore Løseth and Tim Dodson
Tore Løseth (left) has been appointed acting executive vice president of Exploration. Tim Dodson, executive vice president Exploration since 2011.

Equinor is making a planned change to the leadership of Exploration.

Tim Dodson will step down as executive vice president Exploration, a role he held since 2011, and take on the role as vice president Strategy Execution in Global Strategy and Business Development (GSB) from 1 June 2020.

Tore Løseth has been appointed acting executive vice president of Exploration and will join the corporate executive committee (CEC) in this capacity.

“I take this opportunity to thank Tim for his long-standing contribution to corporate leadership and the Executive Committee of Equinor. I’m glad we can continue to capitalize on Tim’s deep experience and broad understanding of Equinor in his new role in the GSB strategy team and I wish him all the best,” says CEO Eldar Sætre.

 “At the same time, I welcome Tore to the CEC. He brings strong leadership and international experience to the team, and I look forward to working with Tore in his new role,” Sætre says.

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Tore Løseth is a Norwegian citizen and joined Equinor in 2001. He comes from the position as senior vice president Exploration (EXP) International Onshore, which he has held since October 2017.

Prior to this, Løseth was senior vice president Exploration Gulf of Mexico, based in Houston. From 2008 to 2013, Løseth has held various leadership positions within exploration in Norway.

Løseth started his Equinor career at the research centre as a geologist, working with technology development and implementation as well as technical services for petroleum technology (petech) and exploration. He has also been a geologist in the Oseberg South petech unit.

Løseth holds a Ph.D. in Sedimentology from the University of Bergen, Norway.