The Center on Global Energy Policy hosted a student-only roundtable featuring Lars Christian Bacher, Executive Vice President, Development & Production International for Statoil. Mr. Bacher offered a presentation on the future of offshore energy before we move to a moderated discussion.
Lars Christian Bacher is the Executive Vice President Development and Production International, and is a member of the Corporate Executive Committee in Statoil ASA.
Bacher oversees the development and production of all of Statoil’s international assets, excluding those in the United States, consisting of 13 countries producing a combined 500,000 boe/d.
Bacher began his career with Statoil 25 years ago as a Financial Controller, worked offshore for seven years as Platform Manager on both Statfjord C and Norne FPSO, was responsible for the new organisational design of more than 30 offshore installations as part of the merger between Statoil and Norsk Hydro, and most recently held the position of President & CEO of Statoil Canada Ltd.
A native of Oslo, Bacher holds a Master of Science in Chemical Engineering from the Norwegian School of Technology (NTNU), a Master of Finance from the Norwegian School of Economics (NHH), and held the rank of Sargent in the Norwegian Armed forces for one year after university.
Statoil in brief
Statoil is an international energy company with activities in more than 30 countries. They are headquartered in Stavanger, Norway with approximately 20,500 employees worldwide, and are listed on the New York and Oslo stock exchanges. Statoil explores, develops and produces oil and gas on the Norwegian continental shelf and has built a global business, with strongholds in Europe, Africa, North America and Brazil. They have developed a portfolio of new energy solutions, currently delivering wind power to 650,000 British households.