Fundamental changes are happening in our industry. We see these changes as opportunities to realise our vision: Shaping the future of energy. Our strategy positions us as an energy company committed to long term value creation in a low carbon future.
Our next Annual General Meeting (AGM) will be held on Thursday, May 11 in Stavanger, Norway.
Our Annual Report for 2016 has been published. Download it here.
Sometimes the simplest ideas are the best ones. To simplify the job of changing the bolts that hold pipelines together, Statoil engineer Kjell Edvard Apeland came up with an idea borrowed from a tractor. And in doing so, he saved us and our partners a small fortune.
2016 fourth quarter results
Statoil reports adjusted earnings of USD 1.664 billion and a negative IFRS net operating income of USD 1.897 billion in the fourth quarter of 2016.
30% increase in exploration drilling
We plan to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016.
Johan Sverdrup is one of the five largest oil fields on the Norwegian continental shelf.
Delivering low-cost, low-emission energy
What types of oil and gas producers are needed in a low-carbon future? Watch Statoil CEO Eldar Sætre address the topic here.
Here are our latest news releases. For more news, see the link below.
Debate series: ‘Good advice from young minds’
We cannot predict the future, but there is one thing we do know: Statoil does not have all the answers. That's why we want to listen to the people who will be shaping the future. Many of the topics that young people care about today, touch on the issues and dilemmas that we face every day as an energy company. So when young people are critical, ask questions, offer advice, and share perspectives, we listen. Because it’s valuable to us. That’s why we initiated the project ‘Good advice from young minds’, in which we invite the next generation to a dialogue about the dilemmas ahead.
Read more about the project and participate in the debate here (in Norwegian only).
Career opportunities in Statoil
Even in challenging times for our industry, we need to recruit new talent to ensure the continuing success of our company. Although the number of jobs on offer is lower than usual, we encourage you to view our vacant positions and send us an application.
Our approach to sustainability
Climate change is happening. We accept the findings of the IPCC Fifth assessment report, and we believe in fighting climate change so as to limit temperature increase to below 2°C.
We aim to be recognised as the most carbon-efficient oil and gas producer, committed to creating lasting value for communities.
Our strategy brings sustainability to the heart of our decision making, and we aim to be recognised as the most carbon efficient oil and gas producer, creating lasting value for communities.
Norway is our home base and our head office is in Stavanger. Corporate functions are located in Oslo and Stavanger. We are the largest operator on the Norwegian continental shelf and partner in a large number of oil and gas fields. Here are our main offices in Norway.
Set for another 40 years in Norway
We see a bright future for our home territory.
After 40 years of oil and gas operations in Norway we have a lot to be proud of—but we’re still only halfway! Although our industry is experiencing difficult times, our portfolio of projects is larger today than it's ever been. We have high hopes for the NCS, and we're planning for major activity for decades to come. We believe that it will be fully possible to maintain profitable and sustainable production here for another 40 years.
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
*All figures from Annual report unless otherwise stated