Anders Opedal named new Statoil COO

He will be responsible the corporate improvement programs and for driving operational efficiency across Statoils business areas.

“I am pleased to announce that Anders assumes this new position in the CEC. He will be a driving force in our effort to further improve the safety and efficiency of our operations. I really look forward to his contribution to develop a highly profitable, competitive and resilient Statoil,” Statoil  president and CEO Eldar Sætre said.

Opedal previously served as senior vice president of projects in Statoil’s technology, projects and drilling business area, where since 2010 he has been responsible for Statoil’s $ 38 billion project portfolio.

He joined Statoil in 1997 as a petroleum engineer in the Statfjord operations and has held a range of positions in drilling and well, procurement and projects.

“We must prepare for challenging times ahead. Uncertainty and volatility will remain a key part of our business environment. Against this backdrop, I have decided to establish a COO role to drive our corporate-wide efforts to strengthen safe and efficient operations across Statoil,” Sætre said.

The company’s current line accountability for the safe, efficient and reliable operation of our assets remains unchanged