A leading oil and gas industry executive and a Rice professor of marketing will share their expertise at the Jones Graduate School of Business’ “Statoil’s North American Strategy” presentation May 1. Part of the Jones Partners’ Thought Leadership Series, the program will be held at 6 p.m. in McNair Hall’s Shell Auditorium.
Bill Maloney, executive vice president of development and production for North America at Statoil, will discuss how Statoil got to where it is today in North America. Although Statoil is a world-leading top 50 Fortune oil and gas company, its role in the United States has grown over just the last decade. He will describe his journey from starting Statoil’s U.S. operations in Houston a decade ago to building a large deep water portfolio in the Gulf of Mexico as well as large-scale operations onshore in the Marcellus, Eagle Ford and Bakken shale plays. He will also talk about the important role of cultivating relationships within Statoil and with its partners as well as developing key capabilities through strategic acquisitions, like Brigham Exploration. Maloney will also discuss current and emerging challenges to his company’s business around pricing, transportation, regulation and geopolitical issues, and he will end by touching upon Statoil’s high-value growth opportunities and increased efficiency.
Vikas Mittal, the J. Hugh Liedtke Professor of Marketing at the Jones School, will discuss the important role of an organization’s strategic decision-making process in its success.
The Jones Partners is a committed group of business professionals working to open doors and increase collaboration between the Jones School and the Houston business community. The Thought Leadership Series comprises several events throughout the year that allow the business community to gain perspectives on current issues from industry leaders and Jones School faculty members by exploring current business trends and associated academic research and thought.
The event is free to Jones Partners members, current Jones School MBA students and Rice faculty and staff. Admission costs $50 for members of the general public. For more information or to register, visit http://business.rice.edu/TLS_maloney_reg.