Norway-based investment fund HitecVision has opened a London office and has made two additions to its team.
According to HitecVision’s statement on Wednesday, London is a key global center for both equity and debt markets as well as transaction activity, in particular for the oil and gas industry.
The company added in the statement that the UK oil and gas industry was among the largest in Europe and that it established a permanent presence there in addition to its Stavanger and Oslo offices.
Also, HitecVision announced two additions to its team, both of whom will be based at the new London office. Namely, the company added John Knight, until recently head of strategy and M&A at Statoil (now Equinor), and Oliver Dunn, a corporate finance director in EY, to its team.
Knight has held several central managerial positions in international operations in Equinor since 2002, mainly in business development. He worked as a lawyer in private practice from 1980-85 and for Shell from 1985–87, followed by 15 years in energy-related investment banking.
He recently stepped down from his most recent position as Equinor’s executive vice president of global strategy and business development, where he was part of Equinor’s corporate management, a post he had held for the last seven years.
According to the company, Knight will remain with Equinor until August 1 and will take up his position as senior partner in HitecVision in mid-August.
Oliver Dunn has long experience as an M&A advisor to the oil and gas sector and currently comes from a position of corporate finance director in EY in London. He joined EY in 2003 and has since advised on transactions with oil and gas companies, infrastructure investors, and private equity firms. He will take up his position as partner in mid-June.