Eivind Reiten Quotes

We need to expand outside Norway given that the Norwegian continental shelf won't be able to deliver the growth we need. - Eivind Reiten

We need regulatory clearance which we do not expect to be a problem. - Eivind Reiten

We haven't ever before seen such sharp increases in costs as over the past two years. It's more than $200 per ton. It has to do with rising energy costs, with rising alumina costs. This increase puts pressure on the weakest smelters. - Eivind Reiten

We believe that the deepwater potential in the Gulf of Mexico is considerable. - Eivind Reiten

We are primarily buying an exploration company - with huge exploration area compared to the actual production. - Eivind Reiten

Demand for energy will double in the next decade. Energy supply is fundamental to societal value. - Eivind Reiten

Credibility takes years to build, but a few hours to destroy. - Eivind Reiten

Businesses or factories where we cannot restore profitability to an acceptable level will be closed or sold. - Eivind Reiten

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