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Election to Statoil's board

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Staff writer | Stavanger, Norway | October 17, 2012
StatoilOctober 17, 2012, Stavanger, Norway - Statoil ASA has elected Marjan Oudeman and Borge Brende as new members of Statoil's board of directors, effective September 15, 2012.
Ms. Oudeman is a member of the boards of Nederlandske Spoorwegen, ABN Ambro Group and Het Concertgebouw. Ms. Oudeman is Executive Vice President, HR and Organisational Development, of Akzo Nobel, a paint and coatings company and major producer of specialty chemicals. Ms. Oudeman has extensive experience as a line manager in the steel industry and considerable international business experience.

Ms. Oudemann has a law degree from Rijksuniversiteit Gröningen in the Netherlands and an MBA in Business Administration from the University of Rochester, New York, USA and Erasmus University, Rotterdam, the Netherlands.

Mr. Brende is the Chairman of the Board of Mesta and Vice-Chairman of China Council, an advisory body for the Chinese government in environmental issues. Mr. Brende’s extensive political and international experience includes serving as Minister of the Environment (2001 - 2004) and Minister of Trade and Industry (2004 - 2005).

He has also been Secretary General of the Norwegian Red Cross and head of the UN Commission on Sustainable Development. He has been the Managing Director of World Economic Forum since 2011. Mr. Brende earned Candidatus magisterii from the Norwegian University of Science and Technology (NTNU), Trondheim 1997.

In addition, Grace Reksten Skaugen has been elected as new deputy chairman of the board.

Ms. Reksten Skaugen is the Member of the board of Statoil ASA since 2002. She is the Chair of the boards of Ferd Holding and Norsk Institutt for Styremedlemmer, and member of the board in Orkla ASA and the Swedish listed company Investor AB. She is the Chair of the board in NAXS Nordic Access Buyout AS, a subsidiary of the Swedish listed company Nordic Access Buyout Fund AB.

Ms. Reksten Skaugen is self-employed business consultant. She was a director in corporate finance in Enskilda Securities in Oslo from 1994 to 2002. She has previously worked in the fields of venture capital and shipping in Oslo and London and carried out research in microelectronics at Columbia University in New York.

Ms. Reksten Skaugen has a doctorate in laser physics from the Imperial College of Science and Technology at the University of London and an MBA from the Norwegian School of Management (BI).