EnergyWatch

Media: Statoil halved maintenance at problematic refinery

Over a few months, oil major Statoil halved its maintenance budget for the Mongstad refinery, writes Dagens Næringsliv. Statoil recently came out and acknowledged that an accident at Mongstad could have cost lives.

Photo: Øyvind Hagen - Statoil

Over a few-month period in 2011 and 2012, the budget for maintenance tasks was halved at Statoil's Mongstad refinery north-west of Bergen in Norway.

This is according to Dagens Næringsliv, which emphasized that it was Eldar Sætre – current president and CEO of Statoil – who was in charge of the oil refinery when the cost-cutting initiatives were adopted. Sætre was interim CEO of the group with responsibility for Mongstad until the fall of 2014, when he became the permanent head of Statoil group.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Danish government to ban routine flaring by next summer

By next summer, flaring of excess gas will no longer be permitted in the Danish part of the North Sea unless strictly necessary for the safety of employees. The government’s ban on routine flaring comes in the wake of EnergyWatch’s coverage of the issue.

IEA: Nuclear power set for potential comeback

As the world looks for ways to address the ongoing energy crisis, nuclear power has the potential to play a significant role, notes the International Energy Agency in a just-released report.

Further reading

Related articles

Latest News

See all jobs