The answers to the climate challenge aren’t black and white. To satisfy the world’s growing demand for energy, we’re exploring for oil and gas at the same time as we’re investing in renewables. That’s not a contradiction in terms; both of them are necessary within the Paris Agreement. Find out how we’re creating energy for people and progress for society.

Investors please note: the next scrip dividend period begins on Monday, November 20th. 

Latest news

Scaling up the use of renewable energies such as wind and solar power has tended to require big upfront public investments or tax incentives. That landscape is changing quickly, says CEO Eldar Sætre in POLITICO’s “EU Confidential” podcast this week. “In our latest projects we’re getting close to offshore wind more or less without subsidies … That’s a tremendous journey.” 

Unmanned factories the size of a football pitch on the seabed? Drilling sideways for kilometres underground? Innovations like these have been essential to our industry—but also inspired solutions far beyond their original application.

If someone had said in 2014 that the break-even price for Johan Castberg would fall below USD 35 per barrel, and our portfolio to USD 27, would you have believed them? In 2014, it was inconceivable—but something happened, and fast.

Would you like to work for Statoil?

If you’re interested in a career in Statoil, this should be your first port of call. All current vacancies are advertised here on our website. We encourage you to view our vacant positions and apply.

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An international energy player

Statoil is an active player in many of the most important oil and gas provinces in the world, and our international developments are expected to account for most of our future production growth. Much of the expertise and technology we take with us abroad has been shaped in the challenging environment of the Norwegian contintental shelf. 

US shale interest owners: key information

Modern Slavery Statement

*All figures from Annual report unless otherwise stated