In just a few years Statoil has positioned itself as a significant player in the exploration and development of oil and gas in the Gulf of Mexico, as well as in the exploration and production from shale and tight rock formations in the US.

Our US operations are primarily split into two major business clusters—offshore and onshore.

The US onshore cluster is responsible for our assets in the Marcellus play in the north-eastern US, the Eagle Ford play in south-west Texas and the Bakken play in the Williston Basin of North Dakota and Montana.

The US offshore cluster handles the offshore portfolio consisting of several projects including the producing fields Spiderman, Caesar Tonga and Tahiti, as well as several of the largest fields under development in the Gulf of Mexico.

Statoil has a trading office in Stamford, Connecticut which plays an important role in our global network for trading crude oil and refined products. From here we deliver about 600,000 barrels of crude oil, petrol, propane and butane into the North American market every day.