New investor relations senior vice president appointed 

October 24, 2014, 14:42 CEST

Peter Hutton

Hutton is currently director of oil and gas research in RBC Capital Markets London, and has broad international experience from the oil and gas industry. He has spent 12 years in the oil and gas industry and 16 years within the financial industry.

Hutton holds a master of arts degree in modern history from the University of Oxford, UK and a diploma in international politics and the Middle East from Birkbeck College, UK. He will take on the role from 1 January 2015.

"Peter has extensive insight into the oil and gas industry and the financial markets. He has consistently been ranked as one of the best equity analysts and has a broad network across companies and institutions. I look forward to his contribution to Statoil and to have him as a part of my team," says Reitan.

For more information:

Investor relations
Morten Sven Johannessen, investor relations
Tel: +1 203 570 2524

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.