When Statoil chief financial officer Torgrim Reitan now move to the US, he believes oil downturn has provided good opportunities for acquisitions and transactions.
The article has been added to your reading list.
Just six hours after CFO Torgrim Reitan Tuesday morning was appointed executive director of the United States, he sat on the plane to Houston. After years of aggressive acquisitions, our operations in the country has been rocked by the low oil and gas prices. Reitan has even had to write down the Company’s book value of around 70 billion in North America. Nonetheless, he sees now opportunities to make more transactions.
Good point
No comments:
Post a Comment