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StatoilHydro
OSL:STL ISIN:NO0010096985
News
StatoilHydro (OSL:STL) On behalf of StatoilHydro (OSE:STL, NYSE:STO), DnB NOR has on 14 November 2008 purchased 467,100 shares for use in the group`s Share saving plan.
StatoilHydro (OSL:STL) StatoilHydro (NYSE: STO, OSE: STL), the second largest natural gas supplier to Europe and Chesapeake Energy Corporation (NYSE: CHK), the largest US natural gas producer, today announced the signature of a strategic agreement to jointly explore unconventional gas opportunities worldwide.
StatoilHydro (OSL:STL) As of today, Øystein Michelsen (52), Helga Nes (52) and Gunnar Myrebøe (59) have been appointed members of StatoilHydro's corporate executive committee. Mr Michelsen will take up the position as executive vice president for the Exploration & Production Norway business area, Mr Myrebøe is to hold the same post in the Projects business area and Ms Nes will lead the area for corporate staffs and services.
StatoilHydro (OSL:STL) StatoilHydro ASA (OSE: STL, NYSE:STO) StatoilHydro's net income in the third quarter in 2008 amounted to NOK 6.3 billion compared to NOK 14.6 billion in the third quarter of 2007 and was negatively affected by the significant strengthening of the US dollar compared to NOK on net financial items and consequently an unusually high tax rate. Net income in the first nine months of 2008 amounted to NOK 41.2 billion, compared to NOK 38.4 billion in the first nine months of 2007.
StatoilHydro (OSL:STL) Gunnar Breivik (50) has been appointed acting executive vice president of StatoilHydro's corporate staffs and services and will assume this position on 1 November 2008.
StatoilHydro (OSL:STL) Gunnar Breivik (50) has been appointed executive vice president of StatoilHydro's corporate staffs and services and will assume this position on 1 November 2008.
StatoilHydro (OSL:STL) STATOILHYDRO ASA ANNOUNCES CONSENT SOLICITATION RELATING TO OUTSTANDING NOTES
StatoilHydro (OSL:STL) Stavanger, Norway - 29 October 2008. StatoilHydro ASA announced today that it is inviting holders of certain of its outstanding debt securities to approve, by separate extraordinary resolutions, proposed amendments to the terms and conditions (the "Conditions") of each series of the Notes (as defined below). Adoption of the proposed amendments would permit StatoilHydro ASA to transfer legal ownership of its Norwegian Continental Shelf assets to StatoilHydro Petroleum AS, its wholly-owned subsidiary, thereby simplifying the asset structure of StatoilHydro ASA's group companies (the "Group"). This transfer would centralize the Group's Norwegian Continental Shelf assets in a single legal entity and is expected to reduce the administrative and management burden of holding similar assets across separate legal entities. The resulting group structure would be customary for oil and gas companies, including the Group's market peers. In connection with such transfer, S ...
StatoilHydro (OSL:STL) Executive vice president for Exploration and Production Norway (EPN), Tore Torvund, and executive vice president for Projects, Morten Ruud, are resigning from their present posts and StatoilHydro's corporate executive committee with effect from today.
StatoilHydro (OSL:STL) The shutdown of the rich gas pipeline between Kvitebjørn and Kollsnes will impact StatoilHydro's production for the remainder of the year.
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