StatoilHydro: Our BTS Tournament experience: so far so good

We were all excited to be BTS Tournament participants and StatoilHydro Oil Trading and Supply’s representatives in the Tournament. The Oilers team consists of members with different backgrounds, both when it comes to education, work experience and nationality. This proved to be very beneficial in the competition.

The test round was very useful in that it gave us a chance to "feel the simulation" and try out different correlations. We were very curious about our competitors – who they were and how they would position themselves.

We decided to start out fairly safe in the first rounds. We planned to be more aggressive and take on more risk in the final rounds – but why change a strategy that seemed to work? As the Tournament continued, we got smarter and were able to get more profit out of our strategy. We also got better at analysing the market and reading our competitors. We were not the only ones getting smarter though - the race got really close at the end – luckily we pulled the longest straw.

This Tournament has been a great learning opportunity for us. We now have a better understanding of what it is like to run a business. Having to work as a team, agreeing on strategy and dividing tasks is always an important lesson. Last but not least, this was an excellent opportunity to get to know other young professionals in our company.


Best regards,

Linn Strømsvåg – Business Analyst Crude and Condensate (Team Leader)
Thomas Eltervåg – Contract Handler
Igor Volner – Contracts Coordinator
Jon Berntsen – Business Analyst Risk Monitoring
Natalia Vennikova – Sr. Business Analyst Risk Monitoring

For further information:

Please contact James Baker-Duly at BTS Interactive: +46 735 109397