A changing Hydro

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there! Hydro has undergone major changes over the past five years. But the company’s viable industrial traditions stretching back 101 years, its strong market positions, as well as its talented and loyal workforce, will live on from the autumn of 2007 in three leading global companies: the fertilizer company Yara, the aluminium and power company Hydro, and in the global oil industry’s biggest offshore operator. The spin-off and merger of Hydro’s oil and gas business with Statoil is an extensive project, and many in both Hydro and Statoil are facing new opportunities and challenges. Other parts of Hydro’s operations are also about to undergo big changes. It is in such situations that the quality of the employees and the organization is put to the test and is seen to prevail. I have been asked questions and listened to comments indicating that the vast majority are enthusiastic and filled with expectation regarding the changes facing them. My impression is that this applies both to those introwho textare body joining copy theintro newtext oil company T body and those copywho introare text continuing body copy in Hydro as an intro aluminium text body company. copy intro text And yet many are uncertain. What about body copy intro text body copy. me, what about my job? These are natural Body copy Body copy Body copy Body and sound reactions. I share this uncer- copy Body copy Body copy Body copy Body tainty. And every day I am with colleagues who copy are Body feeling copy the Body same copy emotions. Body copy Body copy Meanwhile Body copy myBody gut reaction, copy Body andcopy the Body reactions copy Bodyofcopy commentators, Body copy Body analysts copy andBody investors copy Body worldwide copy Body indicate copy Body that we copy have Body made copy Body the right copydecision. Body copy ThisBody is because copy Body we copy are Body making copythese Bodychanges copy Body fromcopy a Body position copy Body of strength. copy Body copy Body copy By means of bold moves and hard work we have added great value ensuring that more than 40,000 well qualified employees have jobs that are even more secure hi! > writer and exciting. photos > photographer contents 4-5 Safety in center. Keeping track of safety gear systematically saves money and improves safety performance. 6-9 Ormen Lange a star. We know the Ormen Lange gas project is a big deal. The rest of the world is taking notice, too. 10-13 Foot in the door in China. Isn’t exporting fabricated aluminium products to China like selling sand in the Sahara? 14-15 Seeing is believing. Virtual reality isn’t just for exploring undersea reservoirs – it can also improve safety offshore. 16-25 A changing Hydro. The proposed merger of Hydro’s oil and gas activities with the Norwegian company Statoil is certainly a big deal. But there are some other notso-small deals happening, too, that are changing Hydro. 26-27 When small is beautiful. Little things can mean a lot, both for the environment and the bottom line. 29-31 Ride of a lifetime. It takes determination. Paul Farrugia spent 16 days riding a motorbike across South Africa to help that country’s fight against poverty and disease. 32-33 Art and engineering – two sides of the same coin. For Joe Brown, his computer-driven engineering work and his whimsical paintings complement each other – both require foresight and determination to see them through. 34-35 Postcard from Newton Aycliffe hi&lo 28 hi5 36
hi!> team Editor-in-chief > Cecile Ditlev-Simonsen Managing Editor > Craig Johnson (craig.johnson@hydro.com) Editorial board > Halvor Molland (Aluminium Metal), 6 10 14 26 29 next issue May 2007 Ideas? Contact: Craig Johnson Hydro (F472B) NO-0240 Oslo, Norway craig.johnson@ hydro.com contents hi! 3 Ole Johan Sagafos (Aluminium Products), Bjørn Otto Sverdrup (Oil & Energy), Ragnvald Bertheussen (Other Businesses). Design and production > item ltd and Media Center (3700017) Photo: Scanpix The businesses leaving Hydro will go on to create value in their new homes.
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Page 21 and 22: Geoff Richardson Training technolog
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Page 27 and 28: Henning Reier Nilsen. “N othing c
Page 29 and 30: Ride of a lifetime It takes determi
Page 31 and 32: Africa’s colossal distances preve
Page 33 and 34: in how to reach them. In other word
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