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Statoil ASA Message Board

mdavids_2000 1 post  |  Last Activity: Dec 7, 2014 10:17 PM Member since: Oct 15, 2012
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  • mdavids_2000 by mdavids_2000 Dec 7, 2014 10:17 PM Flag

    Should be announced any time now - its been in the works since mid year. A chance to right-size staffing and apply fit for purpose operating standards. Anybody have an update on how this will be structured? Have heard it will be what XTO is to Exxon-Mobil. I can imagine this will become a big chunk of the $10B in projected asset sales if profitability disappoints.

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