We are maintaining our goals and strategy for profitable growth while upholding our ambition to increase equity production of oil and gas up to 2012 and beyond, despite great uncertainty in the global economy and the oil market.
In working towards our ambition of realising the full value potential of the NCS, we are developing international platforms for long-term growth, and we are gradually building a position in new energy. The company is well positioned to negotiate the global economic downturn. A strong balance sheet and active cost management will enable the company to pursue this long-term strategy.
