The chief executive of StatoilHydro, Helge Lund, commented that Russian and Norwegian interests meet in the far north and the Arctic, and said that the new company will have big ambitions in this part of the world.
Speaking at the St Petersburg Economic Forum, Mr Lund said: Russia and Norway jointly share unique opportunities to liberate the energy potential in this part of the world. We can combine Russia’s onshore Arctic know-how with Norway’s experience from many years of offshore oil and gas operations.
Mr Lund commented that relations between Russia and Norway are built on good neighborliness, many years of shared experience as reliable gas suppliers to Europe, and complementary experience in the oil and gas sector.
Mr Lund also said that building a strong strategic and commercial partnership between Russia and Norway was an important goal. With powerful support from its government owner, StatoilHydro would contribute to the success of Russo-Norwegian collaboration, he asserted.
In addition, Mr Lund revealed his belief that a goal to achieve sustainable energy production in the Arctic by 2030 must be set.
