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Statoil names COO to stem haemorrhaging

NORWEGIAN giant Statoil has created and filled the role of chief operating officer to improve efficiency after it slashed spending by 30% from next year and scrapped its policy of raising dividends.

Statoil names COO to stem haemorrhaging

Anders Opedal has been promoted to executive vice president and will take on the COO role in Statoil's corporate executive committee as of April 1. He was previously senior VP of projects in the Stavanger-headquartered...

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