Statoil makes changes to corporate executive committee

Terje Overvik executive vice president for Statoil's exploration and production Norway business area will withdraw from the corporate executive committee as of June 1, 2007. Overvik will become managing director of Gaz de France Norge on Sept. 1.

Offshore staff

OSLO, Norway -- Terje Overvik executive vice president for Statoil's exploration and production Norway business area will withdraw from the corporate executive committee as of June 1, 2007. Overvik will become managing director of Gaz de France Norge on Sept. 1.

Overvik has a PhD in engineering from the Norwegian University of Science and Technology in Trondheim. He joined Statoil in 1983 and has held key posts in the Statoil group, including platform manager and operations vice president for the Statfjord field. He was executive vice president for technology before he took over responsibility for Norwegian continental shelf operations in 2004.

Until Overvik leaves Statoil, matters relating to Gaz de France will be dealt with by Rune Bjørnson, executive vice president for Statoil's natural gas business area.

3/12/2007

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