04/02/2015at 09:09

Statoil has appointed new CEO

Statoil's board of directors has appointed Eldar Sætre as CEO of the company. He has held the post since October when former CEO Helge Lund left the company.

BY KATRINE GRØNVALD RAUN

The new man in charge of Norwegian oil giant Statoil is no stranger to the business.

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