StatoilHydro's first Capital Markets Day since the merger took place in London on 9 January 2008. A recorded webcast of the event is available from this page.
ROADMAP FOR THE FUTURE: “Our roadmap to 2012 should be seen as part of a bigger journey; the transforming of StatoilHydro into a global energy player,” says President & CEO, Helge Lund. Value capture and growth
At the first Capital Markets Day since the merger of Statoil with Hydro’s oil and energy business, StatoilHydro forecast production growth and higher synergies from the merger than previously estimated.
The group foresees an increase both in Norwegian continental shelf (NCS) production levels and from its international upstream portfolio. At the same time, StatoilHydro now estimates annual synergies from the merger at around 6 billion NOK before tax, 2 billion NOK higher than previously estimated.
“The full value of the merger will be captured, and we are committed to realising the synergies. Good operational performance and visible growth, paired with a continuation of our dividend policy, will underpin a competitive shareholder return in the years to come,” says President & CEO, Helge Lund.
Agenda
StatoilHydro's Capital Markets Day took place in London on January 9. The Webcast and presentations will continue to be available online after the event.
For the full texts of the statements and news items, please follow the links at top right. For presentations, see below.
