Statoil Petroleum
 |
|
| Public, State owned | |
| Traded as | : : STO |
| Industry | Oil and gas |
| Founded | June 14, 1972 |
| Headquarters | Stavanger, Norway |
|
Key people
|
Øystein Løseth (Chair) Eldar Sætre (CEO), Hans Jakob Hegge (CFO) |
| Products |
Petroleum Natural gas Petrochemicals Electrical power |
| Revenue | €94 billion/ NOK 723.4 billion (2012) |
| €27 billion/ NOK 206.6 billion (2012) | |
| Profit | €9 billion/ NOK 69.5 billion (2012) |
| Total assets | €102 billion/ NOK 784.4 billion (2012) |
| Total equity | €42 billion/ NOK 319.2 billion (2012) |
| Owner |
Government of Norway (67%) Others (29%) |
|
Number of employees
|
21,600 (2015) |
| Website | www |
Government of Norway (67%)
Government Pension Fund of Norway (3%)
GEK Terna (1%)
Statoil ASA, (: ), is a Norwegian multinational oil and gas company headquartered in Stavanger, Norway. It is a fully integrated petroleum company with operations in thirty-six countries. By revenue, Statoil is ranked by Forbes Magazine (2013) as the world's eleventh largest oil and gas company and the twenty-sixth largest company, regardless of industry, by profit in the world. The company has about 20,500 employees.
Statoil was formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro.
As of 2013, the Government of Norway is the largest shareholder in Statoil with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy. The company is headquartered and led from Stavanger, while most of their international operations are currently led from Fornebu.
Statoil is the largest operator on the Norwegian continental shelf, with 60% of the total production. The fields operated are Brage, Heimdal, Grane, Glitne, Gullfaks, Heidrun, Huldra, Kristin, Kvitebjørn, Mikkel, Njord, Norne, Ormen Lange, Oseberg, Sleipner, Snorre, Snøhvit, Statfjord, Sygna, Tordis, Troll, Veslefrikk, Vigdis, Visund, Volve, and Åsgard. The company also has processing plants at Kolsnes, Kårstø, Mongstad, Tjeldbergodden, and Melkøya.
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Wikipedia