Norway's largest oil lobby, the Norwegian Oil and Gas Association, will henceforth be led by another person, as the group's current director general, Karl-Eirik Schjøtt-Pedersen, has decided to step down, reports domestic media E24.

The resigning director general has held the position for a handful of years. He brought with him significant political experience from earlier in his career, which included roles as finance minister and chief of staff at the Office of the Prime Minister.