Our ambition is to be a globally competitive company. We create a stimulating working environment and provide our people with good opportunities for professional and personal development. We seek to achieve this through developing a strong, value-based performance culture, clear principles for leadership and an effective management and control system. Corporate governance, our values, leadership model, operating model and corporate policies are described in the StatoilHydro Book, which has been made available for all employees in Norwegian and English.
The Merger
The merger between Statoil and Hydro's oil and gas activities gave the new company access to highly qualified personnel. In order to achieve our goals and attain the planned growth, the company must be capable of attracting and retaining talented personnel with the right expertise and strong values in a competitive market. Surveys show that Statoil and Hydro, both individually and after the merger, were among the most preferred employers in Norway in 2007.
Emphasis has been placed on building on the best from both companies and on ensuring equal opportunities for all employees. The development of a common corporate culture has been given high priority. Furthermore, policies with respect to compensation and working conditions in the merged businesses have been harmonised in cooperation with employee representatives.
