Property, plant and equipment
We have interests in real estate in numerous countries throughout the world, but no one individual property is significant to us as a whole. Plans have been announced for a new office building to be leased in Oslo.
Our principal offices located at Forusbeen 50, N-4035, Stavanger, Norway, comprise approximately 135,000 square metres of office space, and are owned by StatoilHydro.
A letter of intent has been signed with IT Fornebu Holding AS in Oslo for the long-term lease of a new 60,000 square metre office building to be built at Fornebu in Bærum municipality. The building will enable all of StatoilHydro's activities in the Oslo region to be collocated, and will be ready for occupation in the autumn of 2012. IT Fornebu Holding AS will be the owner and StatoilHydro will be the tenant.
For a description of our significant reserves and sources of oil and natural gas, see Supplementary information on Oil and Gas producing activities in the F-pages.