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Friday, July 1, 2011

RWE Welcomes New Managing Director

- RWE Welcomes New Managing Director

Friday, July 01, 2011
RWE Dea AG

As from today, Hans-Joachim Polk will be the new Managing Director of RWE Dea Norge. Polk joined RWE Dea as far back as 1992, directly after graduating with a masters' degree in petroleum engineering from the technical university of Clausthal-Zellerfeld. In the course of his career, Polk spent three years in Cairo before moving back to Germany, where he had the responsibility for production from Germany's largest oilfield, Mittelplate. Prior to his posting in Oslo, he was responsible for field developments at the company's head office in Hamburg.

"RWE Dea Norge plays an important role in our international growth portfolio as we have some promising projects underway," explained Hans-Joachim Polk. "Together with my new team in Norway I am looking forward to make a significant contribution to our targets by developing this portfolio further."

Polk succeeds Hugo Sandal, who has been appointed Senior Vice President Production Europe at RWE Dea's head office. Sandal, who has a degree in engineering from the Norwegian University of Science and Technology in Trondheim and a masters' degree in petroleum engineering from Stanford in the US, was appointed Managing Director of the company in Oslo in 1995. Sandal will continue as Chairman of the Board of RWE Dea Norge.

RWE Dea has been present in Norway since 1973, holds a solid license portfolio and is the operator of the recent and promising discoveries Zidane in the Norwegian Sea and Titan in the North Sea. In 2011, RWE Dea Norge has already been awarded five new licenses and is currently participating in 25 production licenses on the Norwegian Continental Shelf.

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