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Statoil appoints former Hydro EVP as board member

The former EVP of staff, support and legal director in Norsk Hydro, Wenche Agerup,  was elected as board member by Statoil`s general assembly. The decision was in accordance with the nomination committees’ recommendation and came as no surprise. Agerup will replace Catherine Hughes in Statoil`s board. Currently, Agerup is a board member in Oslo Stock Exchange Holding/ASA and the seismic company TGS.



MPE approves development plans for Johan Sverdrup

On Thursday, The Ministry of Petroleum and Energy (MPE) approved the development plans (POD) for the Jon Sverdrup field. In addition, the plan for construction and operation of the export pipelines was accepted.  - Johan Sverdrup is an exceptional project that generates optimism for the Norwegian shelf. This approval marks the official start of the development plans and is a historic day for the petroleum sector, says Det norsk CEO, Karl Johnny Hersvik.




Fisherman’s association reacts to statement from Minister Lien

The Norwegian Fisherman’s Association dismisses Petroleum and Energy Minister Tord Lien`s plans to push for oil licenses in Lofoten after the next general election. In a recent interview, Lien argues that low oil price makes it even more important to open new exploration areas in Northern Norway, including Lofoten, Vesterålen and Senja. He hopes that the fishery industry will be open minding enough to accept an impact assessment. CEO of the fisherman’s association, Kjell Ingebrigtsen, believes that these areas need special conservation and an impact assessment doesn’t change anything. Ingebrigtsen predicts that oil operation in these areas will affect the fish stock.



Statoil wants more licenses in Northern Norway

Statoil CEO, Eldar Sætre, predicts that oil operation in the Lofoten area is the only way to maintain today’s production level on the Norwegian Continental Shelf. He made this statement while visiting Statoil`s new building plot in Harstad. - We have high ambitions in the north and this building will be an example of this, Sætre said. Statoil plans to maintain the current petroleum production level on the Norwegian shelf until 2030. According to Sætre, more licenses in the north, including Lofoten and Vesterålen, is necessary to achieve this goal.


Press Contact

Verena Sattel
Communication Manager North Sea, Spokesperson