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Statoil (STO) Q3 2015 Results - Earnings Call Transcript

Peter Hutton - IR

Good afternoon everyone and thank you for joining us in the conference call for Statoil's 3Q Results 2015. My name is Peter Hutton, Head of Research for Investor Relations, and I'm delighted to welcome Hans Jakob Hegge to lead the call having taken over a CFO since the 01st of August. Also participating on the call Svein Skeie, Head of Performance Management and Risk and Orjan Kvelvane, Head of Accounting.

We’ll have a presentation from Hans Jakob for around 15 minutes, and then we’ll open up for questions and we expect to complete the call by around 1:30 UK time.

And with that I'll ask Hans Jakob to start.

Hans Jakob Hegge - CFO

Thank you Peter, good afternoon and welcome to everyone attending this conference call. May I start by saying that I look forward to presenting Statoil's results and taking questions as this is the first opportunity to speak to you as CFO of Statoil.

The focus remains the same as previous quarters. Safe and efficient operations, reducing costs and positioning the company for the future. Let me start with the three main messages today. First, we...