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Mongstad 1987-09-29: Large budget overruns for Statoil's refinery at Mongstad …, 1987 (photo)

IMAGE number
NTB8710573
Image title
Mongstad 1987-09-29: Large budget overruns for Statoil's refinery at Mongstad …, 1987 (photo)
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Photographer
Bjørn Sigurdsøn
Medium
photograph
Date
1987 AD (C20th AD)
Shooting Date
29/09/1987
Image description

Mongstad 1987-09-29: Large budget overruns for Statoil's refinery at Mongstad. The overruns increase during the autumn and amount to almost NOK 6 billion at Christmas time. The term "a mong" comes into being. Statoil receives strong criticism from the OAG, and the overruns cause political storm. The entire Statoil board and director Arve Johnsen resign in November 1987. Storebrand director Jan E. Langangen becomes new chairman of the group. The picture: The management of Statoil visits the Mongstad refinery on September 29, 1987. Executive Vice President Arve Johnsen (pictured) states for the first time to the press after the major budget overruns became known. Photo: Bjørn Sigurdsøn

Photo credit
NTB / Bridgeman Images
Image keywords
1980s / 20th century / Norway / Europe / Scandinavia / portrait / solitude / photo / mzphoto
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Largest available format 3251 × 4836 px 2 MB
Dimension [pixels] Dimension in 300dpi [mm] File size [MB]
Large 3251 × 4836 px 275 × 409 mm 2.4 MB
Medium 689 × 1024 px 58 × 87 mm 886 KB

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