Lund names StatoilHydro team

Statoil has unveiled the names of 70 senior managers who will help steer the company after its merger with fellow Norwegian player Norsk Hydro.

"We have laid the foundation for a powerful competence-driven organisation, rigged for safe and effective operations, international growth, and first-class technology and project execution," Statoil boss Helge Lund, leader of the Integration Planning Committee and proposed chief exectuive of the combined company, said today.

The merged company, which will be called StatoilHydro, will have six business areas.

Lars Christian Bacher, from Statoil will be in charge of operations North Sea for the new company's exploration and production (Norway) unit.

Statoil's Tim Dodson will head the unit's exploration business, while Torstein Hole, also from Statoil will lead operational development.

Operations West will be headed by Arne Sigve Nylund from Statoil, the drilling and well division will be led by Statoil's Per Haaland.

The unit's health, safety and environment chief will be Tove Rorhuus from Statoil, while Hydro's Siv Solem is in charge of finance and control. Hydro's Hege Marie Norheim heads reserve replacecment and business development. Statoil's Anne Hestenes is in charge of people and organisation and Hydro's Oystein Michelsen will run operations north.

StatoilHydro's international exploration and production unit includes Statoil's Anders Hatteland (finance and control), Bill Maloney, also of Statoil (global exploration), Statoil's John Knight (business development), Ottar Rekdal from Statoil (Europe and North Africa).

Oivind Reinertsen from Statoil will head the North America division, Hydro's Kjetil Sobraekke will head the Southern Atlantic basin dividion, while Torgeir Kydland, also of Hydro, takes charge at Eurasia, Middle East and Asia.

People and organisation will be handled by Hydro's Lise Sollerud while Statoil's Roald Riise takes on health, safety and environment.

The projects unit team includes Statoil employees Morten Ruth (offshore modifications), Kjell-Erik Ostdahl (procurement), Marion Svihus (finance and control), Knut Magne Vaagen (land-based facilities) and Baard Heimset (offshore projects and satellite fields).

Hydro staffers Olav Jan Stove (project management), Halfdan Brustad (project control), Einar Kilde (international) and Helga Nes (people, organisation and HSE) complete the team.

The technology and new energy unit includes Statoil's Morten Loktu (research and development), Bjarne Bakken (early phase and concept development) and Oystein Haaland (marine technology and operations).

Hydro's Hilde Tonne is in charge of sub-surface technology, Statoil's Heidi Drilen heads people, organisation and HSE.

Baard Krokan, from Hydro, takes on global exploration technology, with fellow Hydro staffer Halfdan Knudsen heading process and processing technology.

Statoil's Torje Saur leads finance and control while Hydro's Alexandra Bech Gjørv is in charge of new energy.

Appointments in the new company's natural gas unit include Knut Barland from Statoil (process and transport), Irene Rummelhof from Statoil (international gas development), Maria Moraeus Hanssen from Hydro (supply and infrastructure), Tor Martin Anfinnsen from Statoil (trading and operations), Bjorn Jacobsen from Statoil (marketing) and Statoil's Trine Kloster (finance and control).

Jan Rune Schopp from Statoil is in charge of strategy and analysis, fellow Statoil staffers Snorre Jensen (health, safety and environment) and Liv Berstad (people and organisation).

Lund also named executives for the new company's manufacturing and marketing unit. Statoil employees Jan Karlsen (oil trading and supply), Einar Stromsvaag (manufacturing), Jacob Schram (energy and retail), Heidi Sunde (people and organisation), Bent Rune Solheim (finance and control), Egil Kai Elde (health, safety and environment) and Peder Sortland (strategy and business development) will join the division.

Statoil's Stig Christiansen will head the finance department, with Statoil's Tom Eide taking charge of the legal department.

Planning and performance management will be headed by Torgrim Reitan of Statoil, with fellow Statoil staffers Lars Sorensen (investor relations) and Petter Kapstad (risk management) also gaining appointments.

Accounting and financial compliance will be responsibility of Kaare Thomsen of Statoil, while Hydro's David Nunn takes charge of strategy and acquisitions.

Hydro's Finn Lexow heads the tax department, with Statoil's Egil Steinerg taking control at financial operations.

Appointments were also made for the staffs and corporate services unit.

Jens Jenssen from Statoil will run people and organisation, fellow Statoil employee Hans Jakob Hegge heads global business services, while Hydro's Gunnar Breivik is in charge at health, safety and environment.

Information management and technology will be run by Statoil's Rune Espedal, while Randi Grung-Olsen, also from Statoil, takes charge at management systems.

Hydro staffers Anders Kullerud (integrity and social responsibility) and Reidar Gjaerum (communication) and Statoil's Stein Egil Naess (corporate audit) complete the team.