The goals for our combined Annual and Sustainability Report for 2011 are threefold: to report on our performance in 2011, describe the strategic outlook for the future, and provide insights into the complex issues surrounding our industry in the debate section.

The web version of the report is primarily designed for browsing online, but we also invite you to compose your own report and download it as a PDF file using the "My Report" function at the top of the screen in the report. You can make a selection of what you find most relevant and read it sequentially as you would a book. We recommend our "Statoil In Brief" publication if you are looking for a quick insight into key aspects of our activities. It's available in print, as a PDF - or as an app for your tablet device or smartphone.

Our auditors, Ernst & Young, have audited the financial statements and provided assurance on the sustainability and HSE material in our report, i.e. the chapter "Sustainability" including the health, safety and environment (HSE) accounting, as presented in the section "HSE accounting" and in the sub-sections "HSE performance indicators" and "Environmental overviews", in its online and downloadable PDF format.

Colin H.F. Dobinson

Editor