Statoil Group - STL- Profile

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