Grethe Moen new president and CEO of Petoro AS

Pressemelding, Stavanger 28.05.13:
The Petoro Board of Directors on May 28 appointed Ms Grethe Moen as president and CEO of the government owned company. Moen comes from a position as vice president of mature fields in Petoro and before that from a number of managerial positions in Statoil and Shell. 
Petoro's chairman, Mr Gunnar Berge, said the board is very satisfied with the appointment of a good leader. "Grethe Moen has a competence and experience which is very relevant for Petoro in the period ahead of us. She has intimate knowledge of the company, the petroleum business and the market in which Petoro operates. She has proved herself as a driving force for value creation", said Mr Berge.

Grethe Moen looks forward to the Petoro top position with a mix of humbleness and eagerness to get started.

"I feel humble faced with the responsibility for a company managing such enormous values on behalf of the Norwegian state. At the same time I have great expectations of the opportunities and challenges associated with this very special position in the Norwegian oil and gas business. I know that much will be demanded of me as leader of Petoro in a business environment marked by strong players. All the more important it will be for me to find support in the company's very competent and engaged staff", said Moen.

The new head of Petoro is a chemical engineer from the Norwegian technical university of Trondheim, but very soon got into the oil business when arriving in Stavanger some 30 years ago. She has held a number of management positions in various parts of the Statoil value chain, and came to Petoro in 2011 from the position as Vice President of Shell's exploration and production business in Stavanger, combinded with heading up the company's helth, safety and environment organization in Europe.

Grethe Moen takes over the top office of Petoro on June 12 – the day after current CEO Kjell Pedersen retires from the company. 

Other news

Increased cash flow and high activity level
[30.10.2020] - Press release - third quarter 2020
Increased cash flow and high activity level
Read more
New Vice President Legal Affairs
[02.10.2020]
New Vice President Legal Affairs
Read more
Green light for Breidablikk
[28.09.2020]
Green light for Breidablikk
Read more
Kjell Morisbak Lund appointed as acting CEO
[07.09.2020]
Kjell Morisbak Lund appointed as acting CEO
Read more
Grethe Moen resigns as Petoro CEO
[12.08.2020]
Grethe Moen resigns as Petoro CEO
Read more
Substantial cash flow from Petoro in the first half of 2020 despite challenging 2nd quarter
[05.08.2020] - Press release - second quarter 2020
Substantial cash flow from Petoro in the first half of 2020 despite challenging 2nd quarter
Read more
Solid 1st quarter in a demanding market situation
[11.05.2020] - Press release - First quarter 2020
Solid 1st quarter in a demanding market situation
Read more
Solid cash flow – impacted by weaker gas market
[06.03.2020] - Press Release Petoro 2019 results
Solid cash flow – impacted by weaker gas market
Read more
14 licences to Petoro
[14.01.2020]
14 licences to Petoro
Read more
40 per cent cut in greenhouse gas emissions by 2030 – net zero in 2050
[07.01.2020]
40 per cent cut in greenhouse gas emissions by 2030 – net zero in 2050
Read more