Statoil is an energy company which explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy. It also transports, processes, manufactures, markets, and trades oil and gas commodities, markets and trades electricity and emission rights, and operates refineries, processing and power plants, and terminals. In addition, the Company develops wind, and carbon capture and storage projects, as well as offers other renewable energy and low-carbon energy solutions

Type
Public
HQ
Stavanger, NO
Founded
1972
Size (employees)
20,539 (est)
Statoil was founded in 1972 and is headquartered in Stavanger, NO
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Key People/Management at Statoil

Eldar Sætre

Eldar Sætre

President and Chief Executive Officer
Jannicke Nilsson

Jannicke Nilsson

Chief Operating Officer
Lars Bacher

Lars Bacher

Executive Vice President
Arne Nylund

Arne Nylund

Executive Vice President
Torgrim Reitan

Torgrim Reitan

Executive Vice President
Margareth Øvrum

Margareth Øvrum

Executive Vice President
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Statoil Office Locations

Statoil has an office in Stavanger
Stavanger, NO (HQ)
50 Forusbeen
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Statoil Financials and Metrics

Statoil Financials

Market capitalization (31-Oct-2017)

535.6 b

Closing share price (31-Oct-2017)

167.9
Statoil's current market capitalization is kr535.6 b.
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Statoil News and Updates

Norwegian major Statoil eyes future projects with Mexico's Pemex

MEXICO CITY, April 13 (Reuters) - Norway's Statoil will evaluate new offshore projects in Mexico, including potential tie-ups with state oil company Pemex, the firm's top executive said, adding that a first deepwater well in an existing Gulf project will likely be drilled next year.

UPDATE 1-Greenpeace boards rig due to drill for Statoil in Arctic

OSLO, March 22 (Reuters) - Greenpeace activists have boarded a rig that was due to sail to the Arctic to drill prospects on behalf of oil firm Statoil, the environmental group said on Thursday.

Greenpeace boards rig due to drill for Statoil in Arctic

OSLO, March 22 (Reuters) - Greenpeace activists have boarded a rig that was due to sail to the Arctic to drill prospects on behalf of oil firm Statoil, the environmentalist group said on Thursday.

Oil & Gas Giant Statoil Proposes Changing Name To Equinor

Norwegian multinational oil and gas company Statoil has announced its intention this week to change its name to Equinor, as part of a growing trend of fossil fuel-reliant companies looking to diversify their holdings and change their name to reflect the changing times. 
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