Lars Christian Bacher News

Jannicke Nilsson has been appointed executive vice president and chief operating officer (COO) in Statoil ASA. She takes over the role from Anders Opedal, who will lead the development of Statoil’s growing and increasingly important operations in Brazil as new country manager. Jannicke Nilsson will assume her new responsibilities on 1. December this year, Anders Opedal will assume his responsibilities 15 January 2017. Nilsson will report to President and CEO Eldar Sætre with her office location being Stavanger, while Opedal will report to Lars Christian Bacher, executive vice president Development & Production International. His office location will be Rio de Janeiro. Current Brazil country manager Pål Eitrheim is appointed new chief procurement officer.

Oil major Statoil's activity level outside its Norwegian home base will be largely unchanged in 2016 compared to 2015, the company said on Monday. "For us, it will be more or less flat," Lars Christian Bacher, head of international development and production for Statoil told Reuters, when asked what the activity level will be next year compared to this year. Reporting by Gwladys Fouche