2018 first quarter results

Our first quarter in 2018 was characterised by solid earnings across all segments, strong cash flow and strong operational performance with record high international production. We report adjusted earnings of USD 4.4 billion and USD 1.5 billion after tax in the first quarter of 2018. 

Our quarterly results are being presented today:

Latest news

  • April 25, 2018

    2018 first quarter results

    Statoil reports adjusted earnings of USD 4.4 billion and USD 1.5 billion after tax in the first quarter of 2018. IFRS net operating income was USD 5.0 billion and the IFRS net income was USD 1.3 billion.

    April 25, 2018
  • April 20, 2018

    Notice of Annual General Meeting

    The annual general meeting of Statoil ASA will be held on 15 May 2018 at 17:00 (CET) at Statoil Business Center, Forusbeen 50, 4035 Stavanger, Norway.

    April 20, 2018
  • April 19, 2018

    Statoil awarding billion NOK contract for Njord Bravo FSO

    Statoil is today awarding, on behalf of the Njord license, a contract to Aibel for upgrading of the Njord Bravo floating storage and offloading (FSO) vessel in the Norwegian Sea. The contract value is around NOK 1.3 billion.

    April 19, 2018

When Vidar (48) suffered a cardiac arrest, he was in the best possible place. The middle of the North Sea.

It’s everyone’s worst nightmare to have a heart attack. But when assistant driller Vidar Førde (48) suddenly collapsed at work, he was 60 km offshore. Oddly enough, that may have saved his life. 

We’re changing our name to Equinor. 

We’re proposing to change our name from Statoil to Equinor. Ever since 1972 we have embraced change, always searching for better. Now it’s time to change one more thing: our name.

Are you interested in a career in Statoil?

Are you considering a career in Statoil? We’d love to hear from you. 

Annual and sustainability reports 2017

2017 was a good year for Statoil, operationally and financially. Our annual and sustainability reports were published on March 23.

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*All figures from Annual report unless otherwise stated