Statoil ASA is a public limited company organised under the laws of Norway and subject to the provisions of the Norwegian act relating to public limited liability companies (the Norwegian Public Limited Companies Act). 

Entitlement oil and gas production outside Norway accounted for 20% of our total production, which averaged 1.806 mmboe per day in 2009. 

As of 31 December 2009, we had proved reserves of 2 174 mmbbl of oil and 514 bcm (equivalent to 18.1 tcf) of natural gas, corresponding to aggregate proved reserves of 5 408 mmboe.

We are represented in approximately 40 countries and are engaged in exploration and production activities in 22 of them. As of 31 December 2009, we had approximately 29,000 employees.

We are among the world's largest net sellers of crude oil and condensate and we are the second largest supplier of natural gas to the European market.

We have substantial processing and refining activities and approximately 2 000 service stations in Scandinavia, Poland, the Baltic States and Russia.

We are contributing to the development of new energy resources, have ongoing activities in the fields of wind power and biofuels and are at the forefront of implementation of technologies for carbon capture and storage (CCS).

In further developing our international business, we intend to utilise our core expertise in areas such as deep water, heavy oil, harsh environments and gas value chains in order to exploit new opportunities and develop high quality projects. 

Business address

Our business address is Forusbeen 50, N-4035 Stavanger, Norway. Our telephone number is +47 51 99 00 00. Our largest locations in terms of the number of employees are in Stavanger, Bergen and Oslo, Norway.

The Statoil group and the main business and function areas are presented in the following sections of this report.

The figures below provide an overview of the geographical reach of Statoil's business and the organisational structure of our business areas and staff functions.