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Statoil appoints new COO

 

Published by
LNG Industry,

Statoil has appointed Ander Opedal as Executive Vice President. From 1 April 2015, Opedal will also take on a new position as Chief Operating Officer in the Corporate Executive Committee (CEC).

Opedal, who previously held the position as Senior Vice President of Projects in Statoil’s Technology, Projects and Drilling business area, will be responsible the corporate improvement programmes and for driving operational efficiency across Statoil’s business areas.

Statoil President and CEO, Eldar Sætre, said: “I am pleased to announce that Anders assumes this new position in the CEC. He will be a driving force in our effort to further improve the safety and efficiency of our operations. I really look forward to his contribution to develop a highly profitable, competitive and resilient Statoil.

“We must prepare for challenging times ahead. Uncertainty and volatility will remain a key part of our business environment. Against this backdrop, I have decided to establish a COO role to drive our corporate-wide efforts to strengthen safe and efficient operations across Statoil. The current line accountability for the safe, efficient and reliable operation of our assets remains unchanged.

“The COO will play a key role in the further development of Statoil. I want Anders to lead the process of reviewing the corporate operating model with emphasis on simplification and efficiency.”


Edited from press release by

 

Statoil sells US$ 3.25 billion pipeline stake

Statoil ASA has decided to divest a 24.1% direct and indirect stake in Gassled joint venture (jv) for US$ 3.25 billion. Following this transaction, Statoil will continue to own 5.0% in the jv.