Statoil’s New Energy Solutions (NES) division will “gradually complement the oil and gas portfolio with profitable renewable energy and other low-carbon energy solutions”, said CEO Eldar Sætre.
NES will be led by Irene Rummelhoff, formerly senior vice president for exploration, Norway, who will report directly to Sætre.
NES will initially comprise Statoil’s existing offshore wind activities, including UK offshore wind development in conjunction with Norwegian compatriot Statkraft and floating
