by introducing technology which enhances the recovery rate and least lowers the environmental risk and impact compared to traditional technology.

With great success Jørgen Hallundbæk has developed the business from a minor subcontractor into a direct contractor to the world’s leading oil and gas companies.

He still plays an active role in the development of new technology and has authored many SPE papers.

The environment is highly prioritized by Jørgen Hallundbæk, which is why from the start he has designed Welltec’s technologies around principles that safeguard the environment.

Jørgen Hallundbæk holds an MSc in Engineering, Naval Architecture from the Technical University of Denmark.

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.

Martin Skovbjerg has further obtained a master’s degree in negotiation and post doc management training at Boston University, Harvard Business School and the University of Dundee. His previous job experiences include working for Rolls-Royce Industrial Power Group.

Martin started working as an external legal advisor for Welltec in 1998 and has been with Welltec since 2005 where he left the partnership group of a Danish law firm to establish Welltec’s in-house legal function.

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.