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Statoil Group - STL- Profile

Website: http://www.statoil.com

Phone: +47 51 99 00 00
Address:
4035 Stavanger, N-4035
Company Description
Statoil ASA. The Group's principal activities are to explore, produce, transport, refine and market petroleum and petroleum-derived products. The Group operates through the following divisions: Exploration & Production Norway, International Exploration and Production, Natural Gas and Manufacturing and Marketing. Exploration and Production Norway includes exploration, development and production of oil and gas on the Norwegian continental shelf. International Exploration and Production includes all upstream related activities of exploration, development and production operations outside Norway. Natural Gas division transports, processes and markets oil and gas from the NCS to European destinations. Manufacturing and Marketing division comprises downstream activities including sales and trading of crude oil, NGL and petroleum products, refining, methanol production, retail and industrial marketing of oil. Manufacturing & Mktng acctd for 83% of 2006 revenues; Natural Gas, 14%; Int Exploration & Prodn, 2%; Expl & Prodn, 1% & Oth, Nom
Key People
Finance Director Eldar Saetre
Managing Director Helge Lund
Vice Chairman Kaci Kullmann Five
Chairman Jannik Lindbaek

Breaking News
CNBC - 6 hours ago
(Adds expanded report) OSLO (Thomson Financial) - Oslo shares closed down in a widespread retreat, again undermined by ebbing investor convestor on concern about a global economic slowdown, dealers said. Key losers included aluminium producer Norsk ...
Forbes.com - 13 hours ago
OSLO (Thomson Financial) - Oslo shares closed down in a widespread retreat, again undermined by ebbing investor convestor on concern about a global economic slowdown, dealers said. Key losers included aluminium producer Norsk Hydro (nyse: NHY - news - ...
Forbes.com - July 23, 2008 2:01 AM
OSLO (Thomson Financial) - Oslo shares closed sharply down, with almost all stocks swept lower by the global equity selloff, dealers said. Key losers included fertiliser group Yara, despite strong second-quarter results, oil producer StatoilHydro, ...
Forbes.com - July 23, 2008 1:42 AM
OSLO (Thomson Financial) - Oslo shares closed sharply down, with most stocks dragged lower by the global sell-off in equities, dealers said. Key losers included fertiliser group Yara, despite strong second-quarter results, oil producer StatoilHydro and ...
Forbes.com - July 21, 2008 4:36 PM
OSLO (Thomson Financial) - Oslo shares closed down heavily, as investor sentiment was dragged down by continued fears about global inflation and with lower oil prices leading to a retreat in StatoilHydro, while Norsk Hydro plunged following an earnings ...

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