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    Statoil ASA (STO)

    -NYSE
    16.91 Down 0.36(2.08%) Jul 31, 4:04PM EDT
    |After Hours : 16.91 0.00 (0.00%) Jul 31, 5:16PM EDT
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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:22,516

    Business Summary 

    Statoil ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. The company operates through Development and Production Norway; Development and Production International; Marketing, Processing and Renewable Energy; and Other segments. It is involved in the development and production of oil and gas through owning exploration licenses in Norway, North America, South America and sub-Saharan Africa, the Middle East and North Africa, Europe and Asia, and the Oceania. The company also transports, processes, manufactures, markets, and trades oil and gas commodities, such ascrude, condensate, gas liquids, products, natural gas, liquefied natural gas, and refined products; markets and trades electricity and emission rights; and operates refineries, gas processing plants, methanol plants, and crude oil terminals. In addition, the company develops offshore wind projects in north-western Europe; and develops carbon capture and storage projects. As of December 31, 2014, it had proved reserves of approximately 5,359 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. Eldar Saetre , 59
    Chief Exec. Officer and Pres
    832.00K0.00
    Mr. Torgrim Reitan , 46
    Chief Financial Officer and Exec. VP
    654.00K0.00
    Ms. Margareth M.Sc., 57
    Exec. VP of Technology, Projects & Drilling
    847.00K0.00
    Mr. John Knight , 57
    Exec. VP of Global Strategy and Bus. Devel.
    1.36M0.00
    Mr. Tor Martin Anfinnsen , 55
    Acting Exec. VP of Marketing, Processing and Renewable Energy
    168.00K0.00
    Amounts are as of Dec 31, 2014 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.