Company Highlights
Ocean GeoLoop has been established as an offshoot of the research project Ocean, initiated by Hans Gude Gudesen in 2006. Ocean GeoLoop has been established to industrialize innovative green technologies with global scaling potential. The company is based on long-term systematic research and method development, connected in a holistic concept with the aim of solving the greatest challenges of our time; a combined climate, environment and resource crisis.
The company was established in 2020. Founder Hans Gude Gudesen has a long standing relationship with SINTEF in Trondheim. Summer 2020 SINTEF and the innovation company Proneo facilitated several industrial connections in Mid-Norway. This resulted in the establishment of the company's headquarter in Verdal Industrial Park, one of the largest industry clusters in Norway.
Our highlights - year by year
H2 2022
Becomes majority shareholder in Ocean Tunicell
H2 2022
LOI for carbon capture and electricity production with Yara Norge
H2 2022
Starts carbon capture pilot at Norske Skog Skogn
H2 2022
NOK 100 million investment and MOU with Chevron U.S.A. Inc.
H1 2022
LOI with Icelandic aluminium producer Norðurál.
H1 2022
Acquisition of Energi Teknikk AS, a total supplier of equipment and services for development and operation of small power plants.
H1 2022
Wins SIVA´s X-factor prize.
H1 2022
IPO at Euronext Growth and a NOK 55 million private placement.
H1 2022
Construction, installation and commissioning of carbon capture pilot plant at Norske Skog Skogn.
H2 2021
LOI entered into with North Tech Energy and the Government of Iceland for CCS/CCU.
H2 2021
Started EPC of mobile Carbon Capture pilot facility for industrial testing in collaboration with Norske Skog Skogn AS and Franzefoss Minerals initiated.
H1 2021
Completion of a NOK 106 million private placement.
H1 2021
The Company and Norske Skog ASA enter into general cooperation agreement.
H1 2021
Third-party system verification of the Company's point-source CC technology achieved.
H1 2021
Extensive test program of the Company's Carbon Capture technology completed.
H1 2021
Installation of the Geoloop Column prototype.
H1 2021
Installation of structures in the open sea for mapping the biological filter feeder potentials.
H1 2021
LOIs entered into with Bluegreen, Green Industry Cluster and Proventia.
H1 2021
Development agreements for components and system technologies entered into.
H1 2021
Frame agreements entered into by the Company with SINTEF Ocean and SINTEF Industry as R&D partners.
H1 2021
Complete management employed by the Company.
H1 2021
Chief Executive Officer of the Company was employed.
H2 2020
Completion of a NOK 100 million private placement.
H2 2020
Patent transfer and license agreement entered into between the Company and the inventor, Hans Gude Gudesen.
H2 2020
Board of directors of the Company was elected.
H2 2020
LOI entered into with Okea
H2 2020
LOI entered into with the municipalities Levanger, Verdal and Flatanger.
H2 2020
Letter of intent ("LOI") entered into with Norske Skog Skogn AS and Franzefoss Minerals.
H1 2020
Consultancy agreement entered into with Proneo AS.
H1 2020
SINTEF engaged for technology verification.
H1 2020
Incorporation of the Company.
The Challenge
In a well-balanced ecosystem carbon capture and release, via the photosynthesis of plants, algae, and cyanobacteria, via the sea-air gas exchange, and via carbon exchanges related to biological and geological processes, are in equilibrium.
Since the beginning of the industrial age (in the 1850s), however, this equilibrium has been perturbed, in particular by increasing carbon emissions from the combustion of fossil fuel. This has resulted in an excess of CO2 in the atmosphere, which has reduced the capacity of the natural carbon sinks of land and ocean. The extra CO2 enhances the greenhouse effect. More heat is trapped in the atmosphere, causing the planet to become warmer than it would be otherwise.
Currently, more than 80% of the energy produced globally each year is generated through fossil fuel combustion, resulting in more than 37 gigatons of CO2 into the atmosphere each year. As a result, atmospheric CO2 concentrations have risen from less than 300 parts per million (ppm) to more than 400 ppm over the last 100 years, contributing substantially to global warming and climate change.
Management
Odd-Geir Lademo
- Chief Executive Officer
- +47 92 05 29 01
- [email protected]
Odd-Geir Lademo – Chief Executive Officer
Odd-Geir Lademo has more than 25 years of experience in SINTEF and the Norwegian University of Science and Technology (NTNU). He has also worked as a Research Manager in Department of Materials and nanotechnology in SINTEF Industry. Additionally, Lademo has held a position as Adjunct Professor at NTNU. Lademo has broad national and international R&D and industry networks and has been member in the core team of the well-ranked research centers, SFI SIMLab and SFI CASA. He holds an M.Sc. and PhD from Department of Structural Engineering, NTNU.
Jan Arne Berg
- Chief Construction Officer
- +47 99 54 59 99
- [email protected]
Jan Arne Berg – Chief Construction Officer
Jan Arne Berg has over 30 years’ experience in the oil & gas industry. Further, Berg is a former General Manager of Aker/Kværner Piping Technology – a prominent product- and technology company and Vice President at Kværner in Verdal. Jan Arne Berg holds a B.Sc. in Mechanical Engineering from the Trondheim College of Engineering.
Maria Hosen
- Chief Financial Officer
- + 47 47 48 12 83
- [email protected]
Maria Terese Hosen – Chief Financial Officer
Maria Hosen has 18 years experience in auditing, accounting and operational management from PricewaterhouseCoopers AS, Selvaag Bolig ASA, Western Bulk Chartering AS and Mestergruppen AS. Maria Hosen holds both an M.Sc in Economics, an M.Sc in Accounting from the Norwegian School of Economics and Business Administration and the title Certified Public Accountant.
Viggo Iversen
- Chief Operating Officer
- +47 47 45 66 01
- [email protected]
Viggo Iversen – Chief Operating Officer
Viggo Iversen has extensive renewable energy experience from NVE, Enova SF and Proneo, both nationally and internationally. Iversen has served in several leadership and board positions since 2007. From 2014, Iversen managed Proneo’s advisory business providing business development and innovation services to over 40 companies annually. Iversen holds a Cand. Agric. in Resource Economics from the Norwegian University of Life Sciences.
Ove Lande
- Chief Commercial Officer
- +47 92 46 36 59
- [email protected]
Ove Lande – Chief Commercial Officer
Ove Lande has 15 years’ experience in investment management and capital markets from Skeie Alpha Invest and Terra Securities. As such, Ove Lande has acquired an overview and understanding of multiple industry sectors. Moreover, Lande has experience as a former Senior Consultant at BearingPoint. He holds an M.Sc. in Financial from The Norwegian School of Economics and Business Administration.
Lars Strøm
- Chief Project Officer
- +47 90 74 75 68
- [email protected]
Lars Strøm – Chief Project Officer
Lars Strøm has more than 20 years´ experience in the chemical and process industries from Borregaard, Norske Skog, NorFraKalk and Aibel. He has leadership experience in international process and product development, and holds a degree in Chemical and Process Engineering from the University of Surrey, UK, and an MBA from Griffith University in Australia.
Hans Gude Gudesen
- Founder and inventor
Hans Gude Gudesen - Founder and inventor
Hans Gude Gudesen (Gude in short) is the founder of Ocean GeoLoop and the inventor of the company’s system solutions. Gude contributes to the company’s R&D activities and projects with new inventions and solutions and is the company´s driving force for disruptive innovation. Gude’s comprehensive experience in technology development and innovation, his disruptive mindset, his broad international networks, and his courage to tackle global challenges, constitute a constant source of inspiration for the company’s employees and a true asset for the culture of innovation in Ocean GeoLoop. Ocean GeoLoop was established as an offshoot of the research project Ocean, initiated by Gude in 2006.
Read more about Gude below:
- Background as an archeologist, with focus on using archeological tools and methods to predict the future
- Founder of 54 high-tech companies
- Responsible for more than 800 national/multi-national R&D projects, in collaborations with 83 universities/R&D institutions/national labs
Selected research/patent areas (start date):
- Multivariate pattern-recognition (1978)
- Flat-panel computing devices (1979)
- Multifunctional communication – Internet (1979)
- Image/video compression (1980)
- Dial-up modems/cable modems/satellite modems (1981)
- Contextual search-storage-transfer, text/audio/still image/video (981)
- Soft model/autonomous image/audio/video generation, from natural or artificial inputs (1983)
- Multi-dimensional deterministic fractal geometry (1985)
- Dial-up video conferencing (1986)
- Video-on-demand (1987)
- Conducting polymers (1988)
- Optical memory (1990)
- All-polymer transistors (1991)
- All-polymer multi-layer computer chips (1991)
- Stackable, anisotropic memory films (1992)
- All-polymer, bendable computer displays (1993)
- All-polymer D-RAM (1995)
- Non-X-ray mammography (1997)
- Smart-phones (1999)
- Water-based, 24/7 electricity generation (2006)
- Salt water mega-batteries (2008),
- Biological particle filtration-sequestration-remediation, ocean based (2014)
- CCS/CCU (2016)
- Injectable, all biological skeleton materials (2017)
- Organoid databases (2017)
- Vertical ocean-circulation/oxygenation (2018)
- DAC (Direct Air Capture of CO2), ocean based (2019)
- Sea surface cooling (2019)
- Nature-based air cooling/anti-global warming (2020)
- CO2 ocean storage (2021)
- Stackable, water-based, 24/7 renewable electricity generation (2022)
- Mobile, 24/7 renewable electricity generation (2024)
Co-responsible for the Bergman scholarship Foundation, for scientists & artists, as the owner of the Bergman Estate, Fårø, Gotland (2009)
Board of directors
Anders Onarheim
- Chairman of the Board
Anders Onarheim – Chairman
Anders Onarheim is the Chair of the Board of Directors of the Company. He has more than 30 years’ experience from the international capital markets, including 5 years with Goldman Sachs in London and 5 years with Merrill Lynch in New York and London and CEO of Carnegie ASA for 16 years. He has broad experience from board positions in listed companies, and is currently Chairman of the board at North Energy ASA and board member of Reach Subsea ASA. Mr. Onarheim is currently the CEO of BW LPG, a leading shipowner and operator of liquid petroleum gas carriers. Onarheim holds a BSBA and an MBA from Washington University of St. Louis and graduated in 1986.
Maren Hjort Bauer
- Board member
Maren Hjort Bauer – Board member
Maren Hjorth Bauer is an active investor, board member and advisor in the blue economy through her private investment company Fynd. She has played a key role in building a global ecosystem for blue economy startups globally. Bauer has invested into and supported 30+ blue economy startups with strategy, business development and fundraising leveraging her global network. She is the co-founder and former CEO of Katapult Ocean, Co-chair Seaweed for Europe, part of a working group for the UN Ocean Decade and advisor to several venture funds. Bauer has more than 15 years experience with background from McKinsey, Wallenius Wilhelmsen and Orkla. She holds a MSc from London School of Economics and a Bachelor from the Norwegian School of Economics.
Martha Kold Monclair
- Board member
Martha Kold Monclair – Board member
Martha Kold Monclair is the founder and managing partner of MKOLD AS and a non-executive director of the public listed companies, Hexagon Purus ASA, Reach Subsea ASA. Edda Wind ASA as well as CapeOmega AS and BW LPG Ltd. Mrs Monclair has extensive experience in strategy and business development, and a broad academic background with a doctor’s degree in both technical and business strategical subjects. She holds a PhD from the Norwegian University of Science and Technology (NTNU) and a Doctorate in Economics from BI Norwegian Business School. Monclair has served two years as Chief Executive Officer of Steinsvik Group and ten years as Chief Executive Officer of DeepWell AS.
Morten Platou
- Board member
Morten Platou – Board member
Morten Platou is currently a partner at the top-tier Scandinavian law firm Advokatfirmaet Schjødt AS and is a specialist in the law firm’s tax and capital markets department. Mr. Platou has over 10 years of experience practicing as a lawyer, and advises clients on a regular basis on tax and corporate matters related to M&A transactions, restructurings and management incentive plans. By virtue of Platou’s extensive legal experience, he is also particularly trained in client management and relationship building. Mr. Platou holds a double Masters of Law degree from the University of Oslo in Norway and Georgetown University in Washington D.C., in addition to his business and administration degree from BI Norwegian Business School in Oslo, Norway.
Ole Rogstad Jørstad
- Board member
Ole Rogstad Jørstad – Board member
In addition to being a member of the Company’s board of directors, Ole Rogstad Jørstad is the current CEO of his own investing company, K4 Invest AS. Since commencing his first job with KPMG, he has held several administrative roles in notable companies such as NOTAR, Veidekke Real Estate division (Startbo) and others. As per date, he is also the Chairman of several companies in Trøndelag, including, inter alia, the ELMAN Group. Currently he is also a member of the executive committee in The Norwegian Olympic and Paralympic Committee and Confederation of Sport (NIF). Mr. Jørstad has educational background from, among other, the Oslo Metropolitan University in Norway.
Ida Pernille Hatlebrekke Teien
- Board member
Ida Pernille Hatlebrekke Teien - Board Member
Ida Pernille Hatlebrekke Teien is the Director of Sustainability at Møller Mobility Group, one of Northern Europe’s largest automotive groups. She holds a degree in International Politics from Northeastern University in Boston and has 10+ years of experience in climate management and sustainability, both from international organizations and the private sector. Previously, she co-founded and served as the Managing Director of FOLK Oslo, an interdisciplinary innovation hub focusing on the UN’s 17 Sustainable Development Goals. In 2020, Ida initiated The Guide Against Greenwashing, which to date has over 500 signatories. She has served as the Chair of the Polytechnic Association for Sustainability and is a co-founder of the tech foundation Terravera. Together with Brita Staal she is a monthly contributing author in Teknisk Ukeblad.
How we work
Ocean GeoLoop consciously and actively works in a broad international network - in line with the model illustrated.
- New, industrial partnerships are constantly being established, nationally and internationally. Through a set of pilots, the company has linked up an exciting and growing supplier network
- The company has engaged key personnel from internationally recognized R&D institutions to assist with technology development in various phases
- Through a total of 4 private placements the company has raised approximately NOK 360 million from national and international investor segments
- The company works actively with and involves authorities, policy makers, clusters and business organizations
Career / Vacant Positions
We are always interested in good people, please send an open application if you want to Join the Loop!
Summer internship
Are you a student and want to shape the future of our planet? Ocean GeoLoop is always looking for new talent. This is essential for our goal of solving the challenges of our time.
Join our intern programme 2024!
News
Hentet inn 100 millioner i 2020
Siden sommeren 2020 har Proneo, sammen med Sintefs Odd-Geir Lademo, bistått gründeren Hans Gude Gudesen med å etablere selskapet Ocean GeoLoop AS i Trøndelag.
Press resources
Logo
Employee images
Odd-Geir Lademo
Viggo Iversen
Maria Hosen
Lars Strøm
Ove Lande
Jan Arne Berg
Ole Magnus Svarva
