Statoil keen on North American boom

STAVANGER, Norway, Nov. 19 (UPI) -- With oil and natural gas expected to dominate the global energy mix, Norwegian energy company Statoil said it aimed to capitalize on North American reserves.

Statoil seizes on North Sea success

STAVANGER, Norway, Oct. 26 (UPI) -- Norwegian energy company Statoil said its success at home translated to high expectations about the potential in the British waters of the North Sea.

Statoil invests in resource recovery

TRONDHEIM, Norway, Sept. 25 (UPI) -- Norwegian energy company Statoil announced plans to invest more than $40 million in a research center geared toward increasing oil recovery rates.

Statoil, Rosneft outline arctic plans

STAVANGER, Norway, Aug. 31 (UPI) -- Norwegian energy company Statoil said it would finance the costs associated with exploration in the Barents of Okhotsk seas in a partnership with Rosneft.

Statoil, Rosneft eye arctic resources

MOSCOW, May 7 (UPI) -- Russian energy company Rosneft took a majority stake in a joint venture aimed at exploring frontier areas in the arctic with Norway's Statoil, an official said.

Statoil calls for more use of natural gas

ABU DHABI, United Arab Emirates, Jan. 17 (UPI) -- Norwegian energy company Statoil, at a world energy summit in Abu Dhabi, called on other companies to reduce natural gas flaring in the name of sustainability.

Statoil finds second Barents Sea oil field

BATSFJORD, Norway, Jan. 9 (UPI) -- The Norwegian oil company Statoil said it had found a new oil field in the Barents Sea that contains up to 300 million barrels of recoverable oil.
Statoil expects more arctic exploration

Statoil expects more arctic exploration

DOHA, Qatar, Dec. 9 (UPI) -- Political obstacles to exploring for oil and gas in arctic waters will fall as technology improves, an oil executive told the World Petroleum Congress in Qatar.

Statoil starts work offshore Brazil

STAVANGER, Norway, April 11 (UPI) -- Production at the Peregrino offshore field in Brazil started and is on its way to producing 100,000 barrels of oil equivalent per day, an energy company said.

Statoil touts Arctic experience

STAVANGER, Norway, June 7 (UPI) -- Experience gained from gas production in the Arctic paves the way to future developments in the Barents Sea, Norwegian energy giant Statoil announced.

Statoil lauds gas for green future

COPENHAGEN, Denmark, Dec. 14 (UPI) -- Substantial reductions in carbon emissions are possible only through the increased use of natural gas, said executives with Norwegian energy giant Statoil.

Miliband meets StatoilHydro executives

LONDON, Sept. 17 (UPI) -- British Energy Minister Ed Miliband welcomed top officials from Norwegian energy giant StatoilHydro to discuss gas and wind technology in the region.

Azeri officials talk gas at Davos

DAVOS, Switzerland, Jan. 30 (UPI) -- Azeri officials met with top energy executives on the sidelines of the World Economic Forum in Switzerland to discuss production at the Shah Deniz gas field.

StatoilHydro takes over Brazil oil project

OSLO, Norway, March 4 (UPI) -- Norway's StatoilHydro is taking full control over the Peregrino heavy-oil project in Brazil's waters, Aftenposten reported.

UPI Energy Watch

Gazprom to extract oil, gas condensate in Iran; Moldova seeks to increase stake in joint gas company; Gazprom outlines timetable for Shtokman
ANDREA R. MIHAILESCU, UPI Energy Correspondent
Page 2 of 3

Helge Lund (born October 16, 1962) is the Chief Executive Officer for the Statoil group, and former CEO of Aker Kværner.

Lund graduated in business management at the Norwegian School of Economics and Business Administration in Bergen. He also has a Master of Business Administration (MBA) from the INSEAD business school in France. He started his career as a consultant for McKinsey & Company and as political adviser for the Conservative Party in the Norwegian parliament Stortinget before starting work for Hafslund Nycomed in 1993. In 1997-8 he was Vice President in Nycomed Pharma before starting work in Aker RGI in 1999 as Vice President before becoming CEO for Aker Kværner in 2002. After Olav Fjell withdrew as CEO of Statoil in 2004, Lund took over his position and retained after Statoil merged with the oil & gas division of Norsk Hydro in 2007 to create StatoilHydro.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Helge Lund."
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