"Skip to main content"

Clarification by Statoil's chair

February 27, 2004, 12:00 CET

During the last few days, the Norwegian media have published stories saying that there is disagreement between Statoil chair Jannik Lindbæk and the Norwegian government, regarding the way in which the strategic discussions with Hydro were handled.

"I regret the impression that has been created in this matter, and I take note of the government's view that the main owners are to be informed of substantial and concrete discussions with other companies regarding important changes to company structure and matters of ownership," says Mr Lindbæk. "I will comply with this, in accordance with the principles for good corporate governance in listed companies."

Contact person:

Elisabeth Berge, executive vice president for Corporate Communication, +47 90 13 29 36 (mobile).