Mobil Exploration Norway Inc established
Mobil Exploration Norway Inc (Meni) was founded on 2 August 1973 as a new subsidiary of Mobil Oil Corporation to explore for and produce oil on the Norwegian continental shelf (NCS).
Foreign companies had been required since 1965 to register subsidiaries in Norway in order to secure licences on the NCS. Meni located its exploration and production office in Stavanger, and became operator for the blocks where Statfjord was discovered.
Mobil already had a Norwegian subsidiary, Mobil Oil A/S Norge, with its offices in Oslo. This was responsible for service stations and the sale of petroleum products.
During the Statfjord project, the Mobil group’s head office in New York was directly involved in all significant decisions. That contributed to a high level of bureaucratisation.
Source
Mobil Explorer, anniversary issue after 10 years in Norway. Stavanger 1983, p 2.
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