About Sval
Sval is a company based in Stavanger (Norway) founded in 2011 was acquired by DNO in March 2025. The company has 135 employees. Sval has completed 1 acquisition, including Edison Norge.
- Headquarter Stavanger, Norway
- Employees 135
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website sval-energi.no
- Social LinkedIn
- Acquired by DNO (Mar 2025)
- Annual Revenue$1.87 B (USD)7486as on Dec 31, 2022
- Net Profit$324.5 M (USD)3207as on Dec 31, 2022
- EBITDA$1.21 B (USD)3448as on Dec 31, 2022
- Investors
- Employee Count135
- Investments & Acquisitions
- Acquired byDNO
(Mar 2025)
Investors in Sval
Sval has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include DNO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Upstream oil and gas company | 1971 | dno.no | Oslo, Norway |
Investor details for Sval
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- Complete investor list
- Round participation
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People of Sval
55 people are tracked at Sval (17 in leadership, 38 in team); the tracked headcount is 135.
| Name | Role | Group |
|---|---|---|
Abdelkarim Abbou | CEO | Leadership |
Henning Eide | VP Projects and Technical Services | Leadership |
Ingrid Landråk | VP Performance and Board | Leadership |
Jessica Haege | Management Assistant to CEO | Leadership |
Kari Flesjå | Chief geologist | Leadership |
Morten Grini | COO | Leadership |
Tom Gederø | VP Communications | Leadership |
Halvor Engebretsen | Chief Executive Officer | Leadership |
Sindre Aase | VP Legal & Commercial at Sval Energi | Leadership |
Jørgen Moe | VP Exploration | Leadership |
Jessica Samuelsson Nordvall | VP Economic Analysis | Leadership |
Thomas Bjørgo | CFO | Leadership |
Tonje Bjørk Rosengren | VP People & Culture | Leadership |
Aslak Øglænd | VP Business Development | Leadership |
Jan-Erik Osen | Vice President Business Development | Leadership |
Peter Horne | Chief Of Operations And Maintenance (production) | Leadership |
Eirik Vaktdal | VP HSEQ | Leadership |
Ingvild Haaland | Operations Supervisor - Decommissioning Of Vale Subsea Field | Team |
Hans Erik Haukaas | Principal Legal Counsel | Team |
Anders Sundgot Saunes | Reservoir Engineer | Team |
35 more people are available in the full profile.
Complete people profiles for Sval
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Investments & Acquisitions by Sval
Sval has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Edison Norge.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Access to casino-style games is provided through an online platform. | edison-norge.no | Stavanger, Norway | 1884 | Dec 2020 | $300M |
Complete acquisition details for Sval
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- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Sval
3 dated milestones of Sval across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Sval is founded.
- Acquisition Acquires Edison Norge.
- Exit Acquired by DNO.
Similar companies to Sval
10 companies that operate in the same segment as Sval (Oil & Gas Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | – | USD 35.69 B | 110,000 | |
MET Group is engaged in energy trading and renewable production. | 2012 | Zug, Zug, Switzerland | USD 58.74 M | USD 33.52 M | – | |
bp is recognized as a global energy company. | 1909 | United States | – | USD 185.5 B | 100,500 | |
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | – | USD 16.73 B | 14,700 | |
Provider of oil & gas downstream services | 1997 | United States | – | USD 13.55 B | 10,680 | |
Energy infrastructure services are provided by Kinder Morgan. | 1997 | United States | – | USD 16.81 B | 10,930 | |
Shell is recognized as a global energy and petrochemical company. | 1907 | London, England, United Kingdom | – | USD 262.93 B | 104,000 | |
Provider of natural gas & oil exploration and transportation services | 1922 | Buenos Aires, Argentina | – | – | – | |
Midstream services for oil and gas are provided. | 1996 | Dallas, Texas, United States | – | USD 85.54 B | 16,250 | |
Integrated petroleum services are provided worldwide by Oxy. | 1920 | Houston, Texas, United States | – | USD 21.56 B | 13,320 |
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Frequently Asked Questions about Sval
Sval was founded in 2011.
Sval is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.
Abdelkarim Abbou is the current CEO of Sval.
Sval has 135 employees.
Annual revenue of Sval is $1.87B as on Dec 31, 2022.
Sval was established in 2011 and is headquartered in Stavanger, Norway. Activities are centered on the exploration and development of oil and gas fields within the energy sector. Operations involve identifying potential reserves and advancing field projects, with a focus on Norwegian territories. The company is led by CEO Abdelkarim Abbou, and efforts are directed toward sustainable resource extraction in offshore environments.
Sval has made 1 acquisition, including Edison Norge.
Sval has 1 investor. Key investors include DNO.
Yes. Sval was acquired by DNO in March 2025.