BG Group has announced that it will be drastically cutting the pay deal offered to new CEO, Helge Lund, after a wave of vehement criticism from investors
Helge Lund | Offshore Post
Plans to pay BG Group’s new CEO up to £14 million in his first year of employment have come under mounting pressure from industry bodies
Helge Lund, the CEO of Statoil, will shortly become one of the most highly paid oil company chief executives after BG Group offered him the role.
Energy giant Statoil has confirmed it will cut another 500 jobs in its Norwegian development and production unit, saying lay-offs would begin shortly.