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    Statoil ASA (DNQA.DE)

    16.60 Down 0.05(0.30%) Mar 4
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    Statoil ASA
    Forusbeen 50
    Stavanger, 4035
    Norway - Map
    Phone: 47 51 99 00 00
    Fax: 47 51 99 00 50
    Website: http://www.statoil.com

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Major Integrated Oil & Gas
    Full Time Employees:22,516

    Business Summary 

    Statoil ASA, an integrated energy company, is engaged in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. The company is involved in the exploration, development, and production of crude oil and natural gas, as well as extraction of natural gas liquids in 44 assets in the North Sea, the Norwegian Sea, and the Barents Sea. It also transports, markets, and trades crude oil, natural gas liquids, and refined products, including methanol; and operates, maintains, and develops gas processing plants. In addition, the company develops offshore wind-farms in Northwestern Europe; and develops solutions for carbon capture and storage plant located in Mongstad. It has proved reserves of approximately 5,600 million barrels of oil equivalent. The company was formerly known as StatoilHydro ASA and changed its name to Statoil ASA in November 2009. Statoil ASA was founded in 1972 and is headquartered in Stavanger, Norway.

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    Key Executives 
    Mr. Eldar Sætre , 59
    Chief Exec. Officer and Pres
    Mr. Torgrim Reitan , 46
    Chief Financial Officer and Exec. VP
    Ms. Margareth M.Sc., 57
    Exec. VP of Technology, Projects & Drilling
    Mr. John Knight , 57
    Exec. VP of Global Strategy and Bus. Devel.
    Mr. Timothy Dodson , 56
    Exec. VP of Exploration
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in EUR.