Statoil CEO Aims to Uphold Norway Output Level Until 2030

Reuters

OSLO, Sept 21 (Reuters) - Oil major Statoil aims to uphold its output from the Norwegian continental shelf at current levels until 2030, Chief Executive Eldar Saetre told an industry conference on Monday.

The company has previously said it can maintain output at the current level by exploring new areas of the shelf for oil and gas and develop profitable discoveries.

(Reporting by Stine Jacobsen, writing by Terje Solsvik, editing by Gwladys Fouche)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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