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Statoil ASA

Summary

Company ID (NIN)

923609016

Company owner / manager

  • State
  • Others

Country

Norway

Capital

N/A

Total assets

104,530,000,000

Net lost for the period

2,902,000,000

Report year

2016

Currency

USD

General information

About Statoil ASA

Statoil ASA is a Norwegian multinational oil and gas company.

Last updated on Dec 19, 2016.

 

Meta info
Status
Active
Legal form
Limited Liability Company
Incorporation date
June 8, 2007
NIN
923609016
Tickers
STL
Stock Exchange
Oslo Stock Exchange
ISIN
Profile last updated
May 23, 2017, 9:51 a.m.
Alternative names

    Statoil Group

History

    June 8, 2007 - Statoil ASA is established in Stavanger, southern Norway, after the merger of Statoil with the oil and gas division of Norsk Hydro.

    June 20, 2011 - The company lists on the New York Stock Exchange.

    Dec 21, 2012 - The company lists on the Oslo Stock Exchange.

    Last updated on Dec 19, 2016.

     

Management

Executive Board
Irene Rummelhoff
Member of the Board
Eldar Satre
CEO
Hans Jakob Hegge
CFO
Anders Opedal
COO
Lars Christian Bacher
Member of the Board
Torgrim Reitan
Member of the Board
John Knight
Member of the Board
Tim Dodson
Member of the Board
Margareth Ovrum
Member of the Board
Arne Sigve Nylund
Member of the Board
Jens Okland
Member of the Board
Board of Directors
Roy Franklin
Deputy-Chairman of the Board
Bjorn Tore Godal
Member of the Board
Jakob Stausholm
Member of the Board
Maria Johanna Oudeman
Member of the Board
Rebekka Glasser Herlofsen
Member of the Board
Wenche Agerup
Member of the Board
Lill-Heidi Bakkerud
Member of the Board
Ingrid Elisabeth di Valerio
Member of the Board
Stig Lagreid
Member of the Board
Oystein Loseth
Chairman of the Board

Contacts

Address
50, Forusbeen Str.
4035
### Unknown ###, Norway
Telephones

+47 51 990 000

Fax

+47 51 990 050

Emails

irpost@statoil.com

Websites
www.statoil.com

Ownership

Name Direct holding Indirect holding Owner type Country
State 70.23 State Norway
Others 29.77 Other

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
Statoil Coordination Centre NV 100.0 Belgium
Statoil Danmark AS 100.0 Denmark
Statoil Deutschland GmbH 100.0 Germany
Statoil do Brasil Ltda 100.0 Brazil
Statoil Exploration Ireland Ltd. 100.0 Ireland
Statoil Orient AG 100.0 Switzerland
Statoil OTS AB 100.0 Sweden
Statoil UK Ltd 100.0 UK
Statholding AS 100.0 Norway
Statoil Angola Block 15 AS 100.0 Norway
Statoil Angola Block 15/06 Award AS 100.0 Norway
Statoil Angola Block 17 AS 100.0 Norway
Statoil Angola Block 31 AS 100.0 Norway
Statoil Angola Block 38 AS 100.0 Norway
Statoil Angola Block 39 AS 100.0 Norway
Statoil Angola Block 40 AS 100.0 Norway
Statoil Apsheron AS 100.0 Norway
Statoil Azerbaijan AS 100.0 Norway
Statoil BTC Finance AS 100.0 Norway
Statoil Forsikring AS 100.0 Norway
Statoil Færøyene AS 100.0 Norway
Statoil Hassi Mouina AS 100.0 Norway
Statoil Indonesia Karama AS 100.0 Norway
Statoil New Energy AS 100.0 Norway
Statoil Nigeria AS 100.0 Norway
Statoil Nigeria Deep Water AS 100.0 Norway
Statoil Nigeria Outer Shelf AS 100.0 Norway
Statoil Norsk LNG AS 100.0 Norway
Statoil North Africa Gas AS 100.0 Norway
Statoil North Africa Oil AS 100.0 Norway
Statoil Petroleum AS 100.0 Norway
Statoil Shah Deniz AS 100.0 Norway
Statoil Sincor AS 100.0 Norway
Statoil SP Gas AS 100.0 Norway
Statoil Tanzania AS 100.0 Norway
Statoil Technology Invest AS 100.0 Norway
Statoil Venezuela AS 100.0 Norway
Statoil Venture AS 100.0 Norway
Statoil Metanol ANS 82.0 Norway
Mongstad Refining DA 79.0 Norway
Mongstad Terminal DA 65.0 Norway
Tjeldbergodden Luftgassfabrikk DA 51.0 Norway
Naturkraft AS 50.0 Norway
Vestprosess DA 34.0 Norway

Products and services

Statoil ASA's business consists principally of the exploration, production, transportation, refining and marketing of petroleum and petroleum-derived products and other forms of energy.

As of 2015, Statoil's operations are managed through the following operating segments:

  • Development and Production Norway (DPN)
  • Development and Production USA (DPUSA)
  • Development and Production International (DPI)
  • Marketing, Midstream and Processing (MMP)
  • New Energy Solutions (NES)
  • Other

The development and production operating segments are responsible for the commercial development of the oil and gas portfolios within their respective geographical areas: DPN on the Norwegian continental shelf, DPUSA including offshore and onshore activities in the USA and Mexico, and DPI worldwide outside of DPN and DPUSA.

The MMP segment is responsible for marketing and trading of oil and gas commodities (crude, condensate, gas liquids, products, natural gas and liquefied natural gas), electricity and emission rights, as well as transportation, processing and manufacturing of the above mentioned commodities, operations of refineries, terminals, processing and power plants.

The NES segment is responsible for wind parks, carbon capture and storage as well as other renewable energy and low-carbon energy solutions.

Last updated on Dec 19, 2016.

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