Changes in the corporate executive committee 

April 17, 2007, 10:00 CEST

Nina Udnes Tronstad (48), executive vice president for health, safety and the environment (HSE), is to withdraw from Statoil’s corporate executive committee as of 1 June. She is to take up the position as managing director of Aker Kvaerner Verdal on 1 September.

Ms Udnes Tronstad joined Statoil in 1983 and she has held a number of managerial posts, including at the group’s Danish and Swedish subsidiaries. She has been the group’s vice president for information technology and operations vice president for the development phase of the technically challenging Kristin field. She has been a member of Statoil’s corporate executive committee with responsibility for HSE since April 2005.

“Nina has a long and sound career behind her in Statoil,” says chief executive Helge Lund.

“She has worked in several areas, in operational activities as well as within staff and support functions. Nina has shown her ability to create results across a wide spectrum. Now that she has chosen to seek new challenges outside Statoil, I extend my thanks to her for the work she has done for the group and I wish her the best of luck with the challenges ahead.”