Statoil ASA (Oslo: STL)
N-4035 Stavanger, Norway (Map) Phone: +47-51-99-00-00
Fax: +47-51-99-00-50
Primary US Office:
Subscribers Only http://www.statoil.com
Overview
The status of Statoil (formerly StatoilHydro) is that it is Norway's oil and gas exploration, production, transport, refining, and marketing giant. Statoil operates in 40 countries, focusing its upstream activities on the Norwegian continental shelf, the North Sea, the Caspian Sea, Western Africa, and Venezuela. It has proved reserves of 6 billion barrels of oil equivalent. Statoil has a retail network of about 2,300 gas stations (including a chain of 200 automated outlets) in nine north European countries. In 2007 Statoil acquired the oil and gas operations of Norsk Hydro in a $30 billion deal and became StatoilHydro. The Norwegian government owns 62.5% of Statoil (which reclamed its original name in 2009).
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for Statoil ASA (Oslo: STL)
| Company Type | Public (Oslo: STL; NYSE: STO [ADR]) |
|---|---|
| Fiscal Year-End | December |
| 2008 Sales (mil.) | £64,196.8 |
| 1-Year Sales Growth | (3.4%) |
| 2008 Net Income (mil.) | £4,234.3 |
| 1-Year Net Income Growth | (24.6%) |
| 2008 Employees | 29,500 |
| 1-Year Employee Growth | 0.0% |
Key People from Hoover's UK
Key people and executives for Statoil ASA (Oslo: STL)
| Chairman | Svein Rennemo (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| President and CEO | Helge Lund Connect to this executive |
| CFO | Eldar Sætre Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Statoil ASA (Oslo: STL)
There are 5 competitors for Statoil; see more.Significant Developments
View company events at Statoil ASA (Oslo: STL) such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| Name Change | Subscribers get full details -- view a sample |
Industry Information from Hoover's UK
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More Industry InformationSubsidiaries/Affiliates Covered By Hoover's UK
Subsidiaries/affiliates of Statoil ASA (Oslo: STL)
Rankings from Hoover's UK
See how Statoil ASA (Oslo: STL) ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones
- #63 in FT Global 500
