The Statoil group recorded its best ever net income in 2006.
A strong financial position lays the foundation for freedom of action and growth.
The board of directors has recommended a merger between Statoil and Hydro’s oil and gas division.
The proposed merger is ideally suited to Statoil’s strategy for growth.
The merged company will have more and better opportunities for growth, which will help to ensure long-term value creation for the shareholders.
Published 2007-03-30, 00:00 CET | Updated 2008-06-03, 15:10 CET