StatoilHydro cuts 2009 spending

StatoilHydro announced today that it plans to boost production in 2009 to 1.95 million barrels of oil equivalent per day, up from 1.9 million boepd last year, while reducing spending.

Laying out the plans: StatoilHydro boss Helge Lund
Laying out the plans: StatoilHydro boss Helge Lund
Published 14 January 2009, 09:01Updated 10 October 2016, 13:29
Europe