Creating positive impacts

We aim to be a partner of choice by increasing the local content of our business and by working to create positive impacts from our business and supporting development in host countries.

Because the nature of our business requires highly specialised skills and technology, there is a risk that direct benefits reach a relatively small minority, and potentially exclude some others.

Although some of our R&D efforts aim at developing proprietary solutions, a considerable amount is spent on industry-wide initiatives and research that benefits the wider community.

Local recruitment

We aim to recruit locally, and demonstrate that we are a good employer by offering a safe working environment, attractive training opportunities and future growth potential. We promote local sourcing and work with local businesses, suppliers and contractors where possible, and we invest in developing sustainable and competitive local enterprises.We support training and skills development in the local community and among our suppliers and contractors in order to build lasting capacity and to help them to develop the skills, standards and certifications required to work in the oil and gas industry. 

We seek to deepen our commitments to sustainable investments for the benefit of stakeholders in the countries in which we operate, but also to secure necessary skills and local capacity.

What are the challenges?

  • Maintaining a balance between the costs of social/environmental responsibility and actual financial returns
  • Engaging local suppliers and talent
  • Creating a safe environment for all employees, both internal and ¨

external

  • Making sure that acting responsibly makes Statoil a legitimate partner in developing resources for many years to come
  • Deepening the involvement and engagement of local communities in the business that Statoil

conducts

  • Clarity about the role and responsibilities of governments, civil society and other stakeholders and their fulfilment. 
Selected figures from the business 2011 2010 2009
 
Taxes, bonuses and royalties      
Direct taxes paid in NOK billion 118.0 91.3 98.5
Indirect taxes paid in NOK billion 32.6 32.3 27.3
Signature bonuses paid in NOK billion 5.0 0.5 1.4
  Value of profit oil in NOK billion 40.4 29.5 18.6
       
Capital providers      
Proposed dividend in NOK billion 20.7 19.9 19.1
  Interest paid on loans in NOK billion 3.9 2.6 2.9
       
Employment and recruiting*      
Approximate number of employees 21,319 34,340 28,700
  Pay and social benefits in NOK billion 30.7 29.1 27.1
         
Procurement*        
Approximate number of suppliers 12,330 18,300 18,500
  Goods and services purchased (invoiced value) in NOK billion 133.7 120.0 129.8
         
Investments        
Investment in own business operations in NOK billion 133.5 84.4 85.0
  Social investment in NOK million 216.9 201.6 206.8
       
Research and Development      
  R&D Expenditures in NOK billion 2.2 2.0 2.1