Speaker profile

Olav has been working for Statoil ASA for 8 years. He has held various positions within the natural gas and exploration & production business in Norway. The last two years he has been working in Group Treasury in Statoil, first with corporate financing, and since January 1st 2011 he has held the position as head of cash management.

Corporate profile

Statoil is an integrated technology-based international energy company, primarily focused on upstream oil and gas operations. Headquartered in Norway the company have more than 35 years of experience from the Norwegian continental shelf, pioneering complex offshore projects under the toughest conditions. Currently Statoil is present in more than 30 countries with above 20,000 employees. Statoil produced 1.89 million boe/day and had total revenues of NOK 530 billion in 2010.