Team

Wellesley has an experienced management team, with backgrounds in Norwegian E&P, private equity, and subsurface, operational and management disciplines. Discover more about our team members below.

Peter Mellbye

Non-Executive Chairman

Chris Elliott

Executive Board Member

Kari Langvik Østhus

Executive Board Member

Callum Smyth

Executive Board Member

Olivier Hopkes

Executive Board Member

Graeme Sword

Non-Executive Director

Chris Elliott

CEO / Exploration Director

Kari Langvik Østhus

Country Manager

Olivier Hopkes

Chief Financial Officer

Callum Smyth

Operations & HSE Manager

Jan Tore Paulsen

Exploration Manager

Richard Tiley

Business Development Manager

Investors

Bluewater is a global private equity firm that specialises in the energy transition space.

Its experienced investment professionals have been helping energy companies grow for the last 30+ years. The team currently manages a portfolio of 22 companies based in Europe, Asia, Middle East and North & South America.

Bluewater provides capital and strategic support to growing and established companies as we move towards a lower carbon world.

Its investment strategy recognises that the energy transition depends on new technologies; on driving improvements in sustainability and efficiency.

The Bluewater team identifies companies and products in the supply chain, across industry and in manufacturing that represent significant value-creation opportunities – and consistently and successfully applies its returns-focused model

bluewaterpe.com

ESG

Enabling the world’s transition to cleaner forms of energy requires a secure supply of low CO2 oil and gas.

Wellesley works to meet this demand with as little impact on the environment as possible. This requires a continued and diligent effort to achieve our ESG goals. Goals which have been set to lower the carbon footprint at every level of our organisation.

Discover more about Wellesley’s history, team and values on our About Page.

2022 Factbook

Our factbook contains the latest management view of the production forecasts from Wellesley’s portfolio.