Norway Teams 2018 – GC Powerlist

Norway Teams 2018

  • Industries

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ABB

| ABB

Industrials and real estate

Operating mainly in robotics, power, heavy electrical equipment and automation technology areas, Swedish-Swiss multinational ABB is a truly global present in more than 100 countries with approximately 147,000 employees located...

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Aker BioMarine

| Aker BioMarine

Food, beverages and tobacco

When Aker BioMarine, the world’s leading supplier of krill (the highly demanded shrimp-like crustacean from Antarctic waters), recognised that there was a need to address its increasingly complex legal issues...

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Aker Solutions

| Aker Solutions

Energy and utilities

Senior vice president legal and compliance Frode Strømø heads up the global legal and compliance team at Norwegian oil services company Aker Solutions. As Strømø explains, the global team contains...

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Avinor

| Avinor

Transport and infrastructure

Avinor Group has a dual purpose as the operator of a network of 45 airports across Norway and the national air navigation service for civilian and military aviation, with 12...

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Cermaq

| Cermaq

Food, beverages and tobacco

Operating in Norway, Chile and Canada, Cermaq is a world-leading farmer of salmon and trout. The company’s in-house legal function in Norway is comprised of chief legal officer Axel Gustavsen,...

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ConocoPhillips Norge

| ConocoPhillips Norge

Energy and utilities

Primarily active in petroleum exploration and production, ConocoPhillips is one of the largest foreign operators on the Norwegian continental shelf. Amongst its 1,850 employees is the company’s legal department which...

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COOP Norge

| Coop Norge

Consumer products

Producing an annual revenue figure of NOK 30.04bn, the historic Oslo-headquartered Coop Norge is a flagship cooperative that has a number of business concerns in the retail sector. Considering the...

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Coor

| Coor

Commercial and professional services

Since being formed in 1998, Coor has developed into the Nordic region’s leading service management company in just 20 years. The legal function has been headed by Katrine Hverven Sontum...

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Danske Bank Norge

| Danske Bank Norge

Financials

Danske Bank Norge, originally named Fokus Bank, is the Norwegian operation of the Danish Danske Bank. The bank was founded in 1859 and is one of the largest banks in...

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DNB

| DNB

Financials

Founded in 1822, DNB is the largest financial services group in Norway and one of the largest in the Nordic region in terms of market capitalisation. Such a profile means...

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DNO International

| DNO International

Energy and utilities

DNO International is a major Norwegian oil and gas producer with a portfolio of operations in the Middle East and the North Sea, particularly in the Kurdistan region of Iraq,...

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DNV GL

| DNV GL

Energy and utilities

DNV GL is a global quality assurance and risk management company for the maritime, oil and gas, and energy industries amongst others. The company’s headquarters in Norway has a legal...

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Elkjøp

| Elkjøp

Consumer products

Elkjøp, also known as Elgiganten in Sweden, Denmark and Greenland, as well under different names in other countries including Iceland, Finland and the Faroe Islands, is the largest consumer electronics...

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Eni Norge

| Eni Norge

Energy and utilities

Eni is an Italian-headquartered major energy company, and whose Norwegian subsidiary – Eni Norge – was first founded in 1965. The company has had a major impact in the history...

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Equinor

| Equinor

Energy and utilities

Formerly Statoil, Equinor is an international energy company and Norway’s largest operator that develops oil, gas, wind and solar energy in more than 30 countries worldwide. Given the importance of...

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EVRY

| EVRY

Information technology

EVRY is one of the leading IT services and software providers in the Nordic region, with more than 10,000 customers across the private and public sectors. EVRY was created as...

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Forsvarsmateriell (Norwegian Defence Materiel Agency)

| Forsvarsmateriell (Norwegian Defence Materiel Agency)

Industrials and real estate

A legal team made up of 12 professionals including six lawyers, the legal department working on behalf of the Norwegian Defence Materiel Agency (NDMA) operates with the following mantra according...

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FSN Capital Partners

| FSN Capital Partners

Financials

The legal team of FSN Capital Partners, a leading Nordic private equity investment advisor (to the FSN Capital funds) focused on the middle-market segment, is comprised of general counsel Rebecca...

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Gjensidige Forsikring

| Gjensidige Forsikring

Financials

A Norwegian insurance company founded in 1923 but with history dating back to the early 19th century, Gjensidige Forsikring today provides a variety of offerings to its customers including a...

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Hafslund E-CO

| Hafslund E-CO

Energy and utilities

Hafslund E-CO is a newly created integrated energy and infrastructure group entirely owned by Oslo City Council. Established in July 2018, it merges Norway’s second largest electric power generator company...

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Höegh Autoliners

| Höegh Autoliners

Industrials and real estate

Since its origins which date back over 90 years, Höegh Autoliners has developed into the leading global provider of transportation and logistics services within the Roll-on Roll-off (RoRo) segment providing...

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Höegh LNG

| Höegh LNG

Industrials and real estate

At the leading edge of the rapid expansion of liquid natural gas that is transforming energy markets around the world, Höegh LNG is the industry leader in the development, ownership,...

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Jotun

| Jotun

Materials and mining

Headquartered in Sandefjord, Jotun is a world leading paint and performance conglomerate specialising in decorative, marine, protective and powder coatings represented in over 100 countries. With an operating revenue of...

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Kommunal Landspensjonskasse Gjensidig Forsikringsselskap (KLP)

| Kommunal Landspensjonskasse Gjensidig Forsikringsselskap (KLP)

Financials

KLP is Norway’s largest life insurance and pension company with an annual turnover of NOK 650bn and almost 1,000 employees. It offers a wide range of pension, life insurance and...

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Kongsberg Gruppen

| Kongsberg Gruppen

Industrials and real estate

In one of the most notable transactions in the sector in the past year, in July 2018 it was announced that Kongsberg Gruppen has entered into agreement to acquire Rolls-Royce’s...

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Kvaerner

| Kvaerner

Energy and utilities

The legal team of Kvaerner, a global specialised engineering, procurement and construction company, is rightly recognised as among the most outstanding and innovative in Norway thanks to a four-strong team...

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Lyse

| Lyse

Energy and utilities

Stavanger-based utilities concern Lyse is a group of companies in the energy production and distribution sector, with a focus on renewable energy, hydropower, gas and LNG, as well as the...

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Nexans Norway

| Nexans Norway

Energy and utilities

Nexans Norway is a leading supplier of power, telecommunications, installations and heating cables in Norway, and is among the world’s leading manufacturers of offshore control cables and high-voltage submarine cables....

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Nord Pool

| Nord Pool

Financials

Nord Pool runs the largest market for electrical energy in Europe, operating in nine countries. Despite its wide reach, it is a relatively small company and its legal team reflects...

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Nordea

| Nordea

Financials

The largest financial services group in the Nordic region and one of the biggest banks in Europe, Nordea has been delivering expert banking services to its customers for over 200...

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Norges Bank

| Norges Bank

Financials

Norges Bank, the central bank of Norway, provides services for the economic stability of Norway by regulating monetary policy and is responsible for the organisation of robust and efficient payment...

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Norsk Hydro

| Norsk Hydro

Materials and mining

The legal department of aluminium and renewable energy company Norsk Hydro is described by a source within the team as consisting of ‘a very strong, multi-cultural team of highly skilled...

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Norske Shell

| Norske Shell

Energy and utilities

As one of the world’s foremost countries in terms of the export of oil, it is unsurprising that oil and gas giant and sixth-largest company in the world Shell has...

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Norske Skog

| Norske Skog

Materials and mining

Norske Skog is a major Norwegian newsprint and high quality paper producer for the newspaper, literature and magazine sector with a worldwide market, eight production centres and 22 sales offices...

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Nortura

| Nortura

Food, beverages and tobacco

The legal team at Nortura – a Norwegian cooperative that is the country’s leading supplier of meat and eggs – is recognised for its contribution to a highly lucrative Norwegian...

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Norwegian Air Shuttle

| Norwegian Air Shuttle

Transport and infrastructure

Norwegian is one of the world’s fastest growing airlines having developed into Europe’s third largest low-cost airline and the world’s fifth largest low-cost airline since its founding only 25 years...

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Norwegian Broker

| Norwegian Broker

Financials

Norway’s second largest insurance brokerage house, Norwegian Broker specialises in the three areas of expertise, namely, brokerage of personal injury, personal and pension insurance; ownership insurance; and the development and...

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Norwegian Ministry of Finance

| Norwegian Ministry of Finance

Financials

The Norwegian Ministry of Finance is the Norwegian government department responsible for implementation and analysis of government policy on taxation, regulation, financial markets, financial institutions, government and private pension schemes...

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Norwegian Ministry of Health and Care Services

| Norwegian Ministry of Health and Care Services

Healthcare

With one of the most respected and well-funded national healthcare systems in the world, healthcare in Norway is seen as an exemplary way to provide national health coverage to its...

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NSB

| NSB

Transport and infrastructure

Rather than having a large legal department with all company lawyers located together, government-owned railway company business NSB has a model where two lawyers are employed by the division of...

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Odfjell Drilling

| Odfjell Drilling

Industrials and real estate

The corporate legal team in Odfjell Drilling consists of one lawyer and one legal counsel, with a new addition scheduled for September 2018 when senior legal counsel Øyvind Skarveland is...

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Opera Software

| Opera Software

Industrials and real estate

Opera Software is a software company founded in 1995 in Oslo to create open access internet browsers, and today it creates browsers for computers and mobile devices and other apps...

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Orkla

| Orkla

Industrials and real estate

Orkla is a Norwegian consumer goods company that operates in the Nordic region, Eastern Europe, Asia and the US, supplying branded products to the grocery, pharmacy and bakery sectors. While...

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Oslo Børs

| Oslo Børs

Financials

One of the most important institutions in the Norwegian economy, Oslo Børs is an independent securities exchange and the only regulated market for securities trading in Norway. Oslo Børs facilitates...

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Pareto Securities

| Pareto Securities

Financials

As part of the Pareto Group which also offers banking, project financing and asset management services, Oslo-headquartered Pareto Securities is an independent full-service investment bank founded in 1986. Pareto Securities...

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Petroleum Geo-Services

| Petroleum Geo-Services

Energy and utilities

Petroleum Geo-Services (PGS) is a leading marine seismic survey and data processing company operating in all of the major oil and natural gas offshore basins worldwide and is headquartered in...

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Posten Norge

| Posten Norge

Transport and infrastructure

Posten Norge, which is also known as Norway Post, is the name of the Norwegian postal service and is owned and governed by the Norwegian Ministry of Transport and Communications....

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Pronova BioPharma Norge

| Pronova BioPharma Norge

Healthcare

As part of its development into a world leader within the global omega-3 market, German chemical company BASF bought Pronova BioPharma in 2013 before fully integrating the newly acquired company...

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Santander Consumer Bank

| Santander Consumer Bank

Financials

Part of Spain’s multinational financial services company Banco Santander, Santander Consumer Bank has total assets of NOK 121bn in the Nordic region and are leaders in car and leisure finance...

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SAS

| SAS

Transport and infrastructure

SAS is Scandinavia’s largest airline with the largest variety of destinations in Europe, the US and Asia as well as a member of the Star Alliance group with 26 other...

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Scatec Solar

| Scatec Solar

Energy and utilities

In the last two years the legal team of Scatec has grown from two to seven lawyers that have each worked on the development, acquisition, structuring, project debt finance and...

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Schibsted

| Schibsted

Sports and media

The legal department at Schibsted, the parent company of Schibsted Media Group, currently consists of six lawyers and is led by Jacob Møller, head of legal and M&A. In addition,...

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Selvaag Bolig

| Selvaag Bolig

Industrials and real estate

Selvaag Bolig is a large housing development company with several thousand homes under development throughout Norway. During the course of this year’s research, private practice nominators were full of praise...

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Shearwater GeoServices Norway

| Shearwater GeoServices Norway

Industrials and real estate

Established as a joint venture in 2016 by GC Rieber Shipping and Rasmussengruppen, Shearwater GeoServices is a seismic exploration company that provides geophysical services. The newly formed company benefits from...

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Siemens

| Siemens

Industrials and real estate

Dr Matthias Geiger serves as general counsel for the Norwegian operations of global industrials giant Siemens, managing a legal department of six lawyers. Two of the team members are qualified...

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Sopra Steria

| Sopra Steria Holding

Commercial and professional services

Sopra Steria is a France-headquartered leader in digital transformation, providing one of the most comprehensive portfolios of end-to-end service offerings on the market, also with local presence in Scandinavia. The...

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SpareBank1 Gruppen

| SpareBank1 Gruppen

Financials

SpareBank1 is a collection of 14 local independent banks with 300 offices across Norway specialised in community private and business banking services. The alliance is structured by two holding companies...

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Spectrum

| Spectrum

Energy and utilities

Established as a key player in the seismic services market, Spectrum delivers high-quality multi-client seismic data and holds the world’s largest 2D offshore library as well as a significant 3D...

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Sporveien

| Sporveien

Transport and infrastructure

Sporveien is a group of companies delivering tram, metro and bus services in Norway, building infrastructure and developing real estate in Oslo. The Sporveien Group has 3,700 employees in total...

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Energy and utilities

Described as ‘very strong’ and ‘skilled and experienced’ by nominators during this year’s research, the Group Tax legal team of Statkraft – a major hydropower company owned by the Norwegian...

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Statnett

| Statnett

Energy and utilities

A lawyer with more than 25 years of experience in the electricity industry, as well as years of executive board experience, 15 years’ experience as general counsel and managing a...

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Storebrand

| Storebrand

Financials

A publicly-listed company on the Oslo Stock Exchange, The Storebrand group is a financial services company and a leading player in the Nordic market for long-term savings and insurance. The...

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Subsea 7

| Subsea 7

Industrials and real estate

OBX-listed Subsea 7 is a subsea engineering, construction and services company serving the offshore energy industry, and is ably served by an in-house legal department that is known within the...

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Swedbank Norge

| Swedbank Norge

Financials

The legal team at Swedbank Norge carries out all legal guidance and organisation for the Stockholm-headquartered full service bank’s operations in Norway. In his post since 2014, Thomas Rygg Hannestad...

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TechnipFMC

| TechnipFMC

Energy and utilities

Providing a number of solutions in the oil and gas industry, TechnipFMC is a London-headquartered organisation that has not only a strong presence in Norway, but possesses a legal function...

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Telenor

| Telenor

Telecommunication services

Telenor dates its origins back to 1855 when it was a Norwegian state-operated monopoly provider of telegraph services. Today the company is a major multinational telecommunications company with approximately 172...

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Telia

| Telia

Telecommunication services

The Norwegian subsidiary of Swedish telecommunications giant Telia is a privately owned mobile phone operator and the second largest supplier of mobile services in Norway. Founded in 1993 and headquartered...

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Tine

| Tine

Food, beverages and tobacco

The growing legal department of three lawyers at TINE, Norway’s largest producer, distributor and exporter of dairy products with 11,400 members (owners) and 9,000 cooperative farms, has gone through personnel...

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Total E&P Norge

| Total E&P Norge

Energy and utilities

Multinational Total E&P Norge is an oil and gas exploration and production company based on the Norwegian continental shelf. It holds exploration licenses in the North Sea, the Norwegian Sea,...

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TrønderEnergi

| TrønderEnergi

Energy and utilities

Multinational Total E&P Norge is an oil and gas exploration and production company based on the Norwegian continental shelf. It holds exploration licenses in the North Sea, the Norwegian Sea,...

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TV 2

| TV 2

Sports and media

Since it began test broadcasting in 1991, TV 2 has established itself as one of Norway’s biggest commercial television broadcasters with headquarters located in Bergen. In addition to the plethora...

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Ulstein Group

| Ulstein Group

Industrials and real estate

Ulstein Group is the family-owned parent company of a group of maritime companies that build and design ships for all commercial, leisure and industrial purposes as well as a bespoke...

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USBL

| USBL

Industrials and real estate

The five strong in-house legal team at Usbl, a major Norwegian real estate development company, is involved in every project from the acquisition, structuring, building and selling process and until...

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Veidekke

| Veidekke

Industrials and real estate

Veidekke is a major construction and property development conglomerate from Norway with operations across Scandinavia through its multiple companies and subsidiaries. It carries out a variety of construction projects across...

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Wallenius Wilhelmsen Logistics

| Wallenius Wilhelmsen Logistics

Transport and infrastructure

Founded less than 20 years ago following a merger of a Norwegian and a Swedish company, Wallenius Wilhelmsen has developed exponentially and established itself as a market leader in RoRo...

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An exemplary model of sound investment and a progressive taxation system, Norway’s economy has been successful in not only producing a high GDP per capita, but has facilitated a highly enviable standard of living for its citizens with comprehensive welfare and public services. Blessed with an abundance of natural resources, Norway’s economy has been influenced greatly by the oil boom of the 1970’s, and despite the energy industry as a whole growing to become incredibly lucrative since then, successful food processing, shipping and financial industries amongst others are all hallmarks of Norway’s productive economy.

In spite of its immense sovereign wealth, the Norwegian market is not without its challenges, and questions about how best to continue the country’s economic growth and quality of life remain, as well as the issues of susceptibility to market volatility and diversification away from oil-related activities. These challenges are being dealt with head-on by the country’s in-house legal teams, which contain talented and ambitious lawyers adept at dealing with commercial and legal issues with knowledge and experience, adding value to their organisations by giving expert advice to senior management and informing company strategy.

In the inaugural edition of the GC Powerlist: Norway Teams we are pleased to highlight some of the country’s leading in-house legal teams. To compile this list, we canvassed opinions from both law firm partners and in-house counsel in the jurisdiction. We identified the most impressive teams who have utilised their legal knowledge strategically alongside business insight to make a positive impact towards their organisation’s success.

Jamie Rayat, Senior research analyst, GC Powerlist series

Arntzen de Besche

Arntzen de Besche logo

We are honoured and pleased to congratulate the legal teams being nominated and admitted to The Legal 500’s GC Powerlist: Norway Teams 2018. The role of legal teams has changed during the recent years to a more complex and vital role in the corporations they represent.

In a more complex world, the management in large and medium-sized corporations is more dependent than ever before on having legal teams with a strong combination of academic skills and business acumen. It is increasingly important with legal teams of experts with individual competences that work closely together to be able to collectively give the best possible advice in a variety of situations. Legal departments that possess such skills will contribute with value-added advice. Such advice will improve the competitive edge, inhibit and solve risks and spot opportunities in a constantly developing competitive environment.

Arntzen de Besche works closely with legal teams in large and medium-sized Norwegian and international corporations within a high number of sectors and countries. The combination of the perspectives, challenges and opportunities these legal teams experience, motivate and thrives us to constantly focus on innovation and improvement to meet and exceed the demands of the legal teams we advise.
Again, we congratulate all of the legal teams who have been nominated and admitted into the GC Powerlist: Norway Teams. Your work, knowledge and dedication provide true value to shareholders, employees and stakeholders.

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