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Statoil ASA (STO)

-NYSE

24.21 May 1, 4:00PM EDT|Pre-Market : 23.52 Down 0.67 (2.77%) 7:21AM EDT - Nasdaq Real Time Price

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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

Details 
Index Membership:N/A
Sector:Basic Materials
Industry:Major Integrated Oil & Gas
Full Time Employees:23,028

Business Summary 

Statoil ASA, an integrated energy company, engages 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 42 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 north-western Europe; and develops solutions for carbon capture and storage plant located in Mongstad. It has proved reserves of approximately 5,422 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.

Key Statistics


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Key Executives 
 PayExercised
Mr. Helge Lund , 51
Chief Exec. Officer and Pres
2.06MN/A
Mr. Torgrim Reitan , 44
Chief Financial Officer, Exec. VP, Chairman of Corp. Risk Committee and Member of Corp. Exec. Committee
697.00KN/A
Ms. Margareth M.Sc, 55
Exec. VP of Technology, Projects and Drilling
914.00KN/A
Mr. Eldar S , 57
Exec. VP of Marketing, Processing & Renewable Energy and Member of Corp. Exec. Committee
855.00KN/A
Mr. John Knight , 55
Exec. VP of Global Strategy & Bus. Devel. and Member of Corp. Exec. Committee
1.58MN/A
Amounts are as of Dec 30, 2012 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 USD.