The Team Building
Catoxy Energy.
Catoxy Energy is being built by an experienced team spanning geothermal development, energy operations, infrastructure investment and applied technology.
Our team

Dr. Markus Harting
Chief Executive OfficerSubsurface · Corporate Strategy
Steinar Svalesen
Chief Financial OfficerFinance · Capital Markets
Per-Arne Solberg
Chief Strategy & Business Development OfficerStrategy · Business Development
Peder Chr. Ursin-Smith
Chief Commercial OfficerCommercial · Finance
Mats Hagen
Chief Digital & AI OfficerDigital · AI
Hugh Mapplebeck
Company SecretaryGovernance · Company Secretarial
Experience Is Our Competitive Advantage
Catoxy is proud to have assembled an exceptional network of senior technical, commercial, financial and legal advisers — highly respected professionals who have built their reputations over decades of successful work in their respective fields.
Each brings more than theoretical knowledge. They bring judgement formed through real projects, difficult decisions, changing market cycles and direct responsibility for outcomes. Collectively, they provide Catoxy with a depth of practical experience, professional credibility and institutional knowledge that few emerging companies can replicate.
We believe there is a fundamental difference between having studied a problem and having solved it repeatedly in the real world.
For Catoxy, experience is not a reference to the past. It is a strategic asset that materially improves decision quality, reduces avoidable risk, strengthens execution and increases the probability of successful outcomes. Our leadership team has therefore deliberately chosen to work with proven, hands-on professionals rather than building an organisation primarily around the lowest available cost base.
Success, safety, reliability, technical integrity, capital discipline and certainty of execution are among Catoxy’s highest operating principles. These values require people who understand not only what should work in theory, but what has worked in practice — and, equally importantly, what has failed, why it failed and how those failures can be avoided.
Catoxy does not seek to reinvent proven principles merely for the sake of appearing disruptive. Nor do we believe that every newly presented technology is automatically transformational. The energy industry has repeatedly seen supposedly “game-changing” solutions fail to deliver once confronted with geological complexity, engineering reality, commercial constraints and operating conditions.
Our approach is more disciplined.
We build upon established technologies, proven workflows, recognised engineering practices and the experience of professionals who have successfully executed comparable work many times before. We apply innovation selectively, where it can demonstrably improve technical performance, reduce risk, accelerate decisions, strengthen economics or create a genuine competitive advantage.
At the same time, Catoxy recognises that the operating environment is changing rapidly and that artificial intelligence can significantly enhance the way knowledge, data and professional judgement are applied. This is why we have developed SERIO, our proprietary AI-enabled intelligence and decision-support system.
SERIO is built to give Catoxy an integrated interface to public-domain information, external datasets, Catoxy’s internal databases, proprietary data, established workflows and the accumulated knowledge of our leadership team, advisers and technical specialists.
Its distinguishing strength is not simply its ability to access information. It is its ability to combine structured data with human experience.
Through SERIO, the knowledge of our professionals can be captured, challenged, compared, applied and continuously strengthened across the organisation. Opportunities can be screened more efficiently, assumptions tested more rigorously, risks identified earlier and decisions evaluated against both data-driven analysis and decades of real-world experience.
Artificial intelligence does not replace Catoxy’s experts. It makes their expertise more accessible, more consistent and more powerful.
For the foreseeable future, we believe the strongest results will come neither from human experience alone nor from artificial intelligence in isolation. They will come from the disciplined integration of both.
Catoxy combines proven people, established technologies, proprietary intelligence and AI-enabled analysis within a single operating model. Our experts provide judgement; SERIO is built to provide scale, structure and analytical reach. Together they are designed to let Catoxy validate, evaluate, challenge and continuously improve its decisions.
This combination forms one of Catoxy’s most important competitive advantages: the ability to preserve what has been proven, recognise what is changing and apply both with greater speed, discipline and certainty.
We do not confuse novelty with progress. We combine proven experience with intelligent innovation to deliver outcomes that are safer, stronger and built to last.
Advisory network
Catoxy draws on an advisory network across geoscience, energy markets, defence energy and infrastructure finance. Named advisers will be listed here once their involvement is confirmed for publication.