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He has 18 years of experience in finance and market research within all offshore oil & gas sectors and, preceding that, 13 years of experience in both the equity and lending side of the financial industry. In 1999, Mr. Simonsen founded the market intelligence company Offshore Research AS, which was acquired by ODS-Petrodata in 2008. In 2011, IHS acquired ODS-Petrodata.
Mr. Simonsen is responsible for the Executive Offshore Market Outlook (EOMO) service as well as doing customized client consulting & research work. He holds a Master's degree from the Norwegian School of Business Administration and Economics (NHH), Bergen, Norway.