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Statoil Re-Elects Members of the Board of Directors

Source: www.gulfoilandgas.com 6/13/2012, Location: Europe

The corporate assembly of Statoil has in their meeting on 13 June 2013 re-elected Olaug Svarva as chair and Idar Kreutzer as deputy chair of Statoilís corporate assembly. Svein Rennemo, Marit Arnstad, Grace Reksten Skaugen, Roy Franklin, Bjorn Tore Godal, Lady Barbara Judge and Jakob Stausholm were re-elected as members of the board of directors. Svein Rennemo was re-elected as chair of the board of directors, while Marit Arnstad was re-elected as deputy chair of the board of directors.

All members of the board of directors were re-elected for a period of one year, until the next ordinary election of the boardís shareholder representatives in 2013. All candidates were elected in accordance with the nomination committee's recommendation.

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