A member of the Statoil board of directors is set to resign from her position.
Catherine Hughes will leave her current position in a bid to “avoid potential conflicts of interest” following a recent change of circumstances.
According to reports, the former Schlumberger executive married BG chairman Andrew Gould in the weeks following an initial meeting between BG and Shell to discuss a potential takeover.
The Norwegian energy company said it will now commence its search for a new board member, and the corporate assembly will have a by-election when the nomination committee’s recommendation is ready.
Olaug Svarva is chair of the nomination committee in Statoil.