We have been evaluating our investment decisions and, having informed the authorities in Norway and the European Union and discussed the issue with the U.S., our view is that this position is in the best interests of shareholders and the companyStatoil bows to U.S. pressure, leaves Iran Aug 01, 2008
This purchase strengthens our position in Brazil and gives us a significant international operator-shipStatoilHydro takes over Brazil oil project Mar 04, 2008
For the first time, we are supplying gas from the Norwegian continental shelf in a cooled state by ship. This gives us increased flexibility in marketing gas globallyFirst Snohvit LNG shipped Oct 22, 2007
This is a historic milestone for the Snohvit project and StatoilHydro's LNG focusFirst Snohvit LNG shipped Oct 22, 2007
The opening of the new, larger office in London demonstrates our commitment to long-term business in the United KingdomMiliband meets StatoilHydro executives Sep 17, 2009
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.