Statoilhydro Business Development off to Semi-Finals

The BTS Tournament certainly triggered our competitive instincts, and our goal was of course to win! In the first round we planned fairly safe. We made our decisions based on analyses without taking much risk, which resulted in reasonably good results. There was another team that did exceptionally well and obtained a huge lead, which made us realise the importance of our competitors. Therefore we worked even harder towards the next deliveries to understand our environment and lay out a strategy for how to catch up with the leading team.

We believe we got paid for spending the necessary time to investigate the details. We were also courageous, coupled with a good portion of common sense; You have to stick to your strategy as well as adapt to the changing environment. This has made us more aware of how to treat uncertainty in decision-making.

The Kon-Tiki team members are of three different nationalities based in four locations on two continents. As a result, the work was conducted switching from one language to the other via phone, video conferences and not necessarily during regular office hours. Meetings were also held from airports, taxis and even from the delivery room (one of the team members became a dad the day before the 3rd round).. We clearly see the potential of the telecom business!

Best regards,

(on photo above, from left to right)
Ragnhild Ulvik: Senior Analyst (Team Leader)
Martin Debaig: Business Developer
Gudmund Hartveit: Business Developer
Nidia Alvarez Crogh: Project Leader
Lene Landøy: Business Developer


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

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