Since the discovery of rich oil and gas deposits in the North Sea over 50 year ago, Norway has become one of the leading producers and exporters of petroleum products. A company that has been central to the development of Norway’s natural resources is Equinor, formally known as Statoil.
On a new episode of Columbia Energy Exchange, host Jason Bordoff talks with Eldar Saetre, President and CEO of Equinor. They spoke in Stavanger, Norway, on the sidelines of the recent ONS Conference. Eldar joined Equinor nearly forty years ago and has held numerous roles including CFO and Executive Vice President for Marketing, Processing & Renewable Energy.
Jason and Eldar discuss a range of topics including the key innovations and trends impacting the energy industry and the clean energy transition. Other topics include Eldar’s thoughts on global oil and gas markets, the role of geopolitics, and how Equinor thinks about risk. They also discuss the company’s recent name change and the motivations behind that decision.