USA

Caesar Tonga (Statoil interest 23.6%) in the US, operated by Anadarko Petroleum, is expected to add one producing well with a tie back to the Anadarko-operated Constitution Spar host in the second quarter of 2013.

Tahiti Phase 2 (Statoil interest 25%) in the US, operated by Chevron, will add two producing and three water-injection wells. Injection from the first two water-injection wells started in the first quarter 2012, while first oil from two additional producers is expected in the second half of 2013.

Statoil has a 25% working interest in the Jack oilfield and a 21.5% working interest in St. Malo, located in Walker Ridge. The two fields are operated by Chevron and will be developed jointly with subsea wells connected to a centrally located production platform. First oil is expected in late 2014.

Statoil has a 27.5% interest in Big Foot located in Walker Ridge block 29. Big Foot is operated by Chevron and will be developed with a dry tree tension leg platform with a drilling rig. First oil from Big Foot is scheduled for mid-2014.

Discovered in 2007, Julia (Statoil interest 50%) is one of the major discoveries in the Paleogene, with a significant in-place volume. After judicial proceedings and a settlement, a Suspension of Production was issued for the Julia Unit by the Bureau of Safety and Environmental Enforcement (BSEE) in January 2012. The operator ExxonMobil has restarted the project and is making progress in accordance with the agreed schedule. First oil is expected by mid-2016.

Canada

In Canada, Statoil has a 60% interest and is the operator of the KKD Oil Sands Partnership. Statoil is maturing the Corner and Leismer Expansion projects to the concept selection phase. The first phase, the Leismer Demonstration Project, came on stream in early 2011.

Statoil has a 10.5% interest in the Exxon-operated Hibernia South Extension (a satellite of Hibernia) and all wells are expected to be online in 2014.

On Canada's east coast, Statoil has a 9.7% interest in the Exxon-operated Hebron field located in the Jeanne d'Arc basin near the other partner-operated fields Terra Nova and Hibernia. The Hebron partners sanctioned the project in 2012. First oil is expected in 2017.