Statoil CEO points to possible acquisitions

Statoil CEO Eldar Sætre informs that the company is ready to perform acquisitions and is looking into development opportunities in spite of the low oil prices and a struggling energy sector.

By RITZAU FINANS

The Norwegian oil company Statoil is ready to perform acquisitions and eyes a potential to develop the company, says CEO Eldar Sætre following publication of Statoil's first quarter interim report last week, reports Norwegian newspaper Dagens Næringsliv.

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