John Egil Johannessen, investment director at Norway-based oil major Equinor’s corporate venture capital unit, has moved to take a similar role at Nysnø Climate Investments, a state-owned investment fund set up as a commercial company to invest in technologies that reduce greenhouse gas emissions.
At Equinor, his deals had included Norway-based underwater imaging company Ecotone, software developer Sharp Reflections and Soiltech, a local drilling waste handling company, and Coreteq Systems, a UK-based electrical motor service provider. In addition, Johannessen was on the board for SåkorninVest II, a seed and early venture capital fund for Norwegian startups in which Equinor (formerly known as Statoil) was the largest private investor in the fund with an equity stake of 20%.
Johannessen joined Statoil in 2005 and moved to its CVC unit in 2013.
