Saetre concern as players lose appetite for Norway

Statoil chief executive Eldar Saetre has expressed concern about the decreasing appetite of international oil companies for activity on the Norwegian continental shelf.

Saetre told Upstream he is unhappy with the signs of reduced interest by the oil supermajors.

“I would prefer it if the big players showed more interest in acreage on the Norwegian continental shelf," he said.

"In general, we want to see diversity among players in Norway.