StatoilHydro Investigation Dropped

Okokrim, Norway's economic crime law enforcement division, announced that it has dropped its investigation into a suspected corruption case involving deals between StatoilHydro (then Norsk Hydro) and Libyan consultants.

Okokrim stated that there was no basis for an investigation right now, but that the communication line would stay open between the companies and the agency.

Just days ago, the first chairman of the newly merged Statoil Hydro, Eivind Reiten, resigned amid the controversy.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Logistics Coordinator & Optimization Analyst
Expertise: Logistics Management
Location: Billings, MT
Associate Category Manager or Category Manager Job
Expertise: Logistics Management|Purchasing|Supply Chain Management
Location: Denver, CO
Contracts Advisor
Expertise: Budget / Cost Control|Contracts Engineer|Supply Chain Management
Location: San Ramon, CA
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours