Entrepreneur Nicolai Tangen spotted wearing a Omega

During a recent podcast interview, Nicolai Tangen, the renowned Norwegian entrepreneur and CEO of Norges Bank Investment Management, was photographed wearing an Omega Seamaster Aqua Terra ref. 220.10.38.20.03.003. The steel sports watch, visible on his wrist against a burgundy v-neck sweater and light blue shirt, represents a contemporary interpretation of Omega's land-and-sea sports heritage.

The ref. 220.10.38.20.03.003 is built around Omega's Co-Axial Master Chronometer calibre 8500, a movement certified to METAS standards for precision, rate, magnetism, and power reserve. The 38 mm stainless steel case houses a scratch-resistant sapphire crystal and a black dial featuring the Aqua Terra's signature vertical teak-wood pattern—a design language that references the wooden decks of sailing yachts. The dial is paired with a unidirectional rotating bezel with a 60-minute dive scale, luminous hands, and applied indices. Water resistance reaches 150 metres, sufficient for snorkelling and recreational diving. The reference ships on a three-link stainless steel bracelet with a push-button fold-over clasp.

The 38 mm Aqua Terra occupies a sweet spot within Omega's sports watch portfolio. Smaller than the full-size 42 mm variant, the 38 mm case appeals to collectors and professionals who prefer a more conservative lug-to-lug fit without sacrificing dial legibility or chronometer-grade movement performance. The ref. 220.10.38.20.03.003 with black dial remains one of the core references in the current lineup, offering the full technical specification of larger Seamaster models in a size that suits both boardroom and nautical settings.

Tangen's choice reflects the pragmatism often seen among high-net-worth entrepreneurs: a METAS-certified, production-grade sports watch that signals competence and restraint rather than ostentation. The Aqua Terra 38 mm has become a staple among executive professionals over the past decade, valued for its legibility, reliability, and recognition within watch-aware circles.

Retail pricing for the Omega Seamaster Aqua Terra ref. 220.10.38.20.03.003 sits around $6,100 USD. Grey-market prices typically range from $5,200 to $5,800 depending on condition and box/papers. Waitlists at authorised dealers remain moderate, as Omega maintains steady production of this core reference.

Thanks to watch paparazzi LarsH for the good catch!