Founder and Chief Executive Officer (CEO)
Inspired by work on 3D wave simulations for the design of offshore platforms, slim hole drilling and geotechnical surveys, Jørgen Hallundbæk founded Welltec in 1994.
Welltec has gone on to transform the oil & gas industry by introducing technology that significantly enhances recovery rates and lowers environmental risk and impact compared to conventional technology.
Jørgen has ensured that a concern for the environment has remained a guiding principle in the ongoing development of Welltec’s solutions.
Jørgen has developed the business from a minor subcontractor into a direct contractor to the world’s leading oil & gas companies, and now a key collaborator with the geothermal sector. He still plays an active role in the development of new technology and has authored many SPE papers.
Jørgen Hallundbæk holds an MSc in Engineering, Naval Architecture from the Technical University of Denmark.
Chief Operating Officer (COO)
Peter Hansen holds a MSc in International Business from Aarhus School of Business, Denmark, and HEC Montréal, Canada. He has served with the Royal Danish Air Force as Captain.
Peter Hansen joined Welltec in 2010, having most recently served as COO of the PE Fund owned BTX Group A/S and prior to that as Supply Chain & IT Director for the public company IC Companys A/S.
Previously, he held management positions within business development at the Carlsberg A/S and Coca-Cola Nordic Beverages A/S. After his graduation, Peter Hansen served as a management consultant with McKinsey & Co based in Copenhagen and Johannesburg.
Chief Financial Officer (CFO)
Søren Søgaard Suhr joined Welltec in 2011 and has been serving as Chief Financial Officer since 2017.
Prior to Welltec Søren worked for the Danish Telecommunications Incumbent TDC. Søren holds a Master’s degree in Applied Economics and Finance from Copenhagen Business School.