Report of Investigation of Norsk Hydro Asa's Libya Operations and Similar Matters and Certain Consultancy Agreements
Country
Year
2008
Summary
October 6, 2008: On October 26, 2007, StatoilHydro ASA ("StatoilHydro") mandated Simonsen Advokatfirma DA and Sidley Austin LLP ("StatoilHydro Counsel") to conduct an external investigation of Norsk Hydro ASA's ("Norsk Hydro's") operations in Libya and any similar matters identified during the course of the investigation, and also to conduct a review of all consultancy agreements related to Norsk Hydro's oil and gas operations outside of Norway entered into on or after October 1, 1997, that were exposed to the risk of corruption.