Since 1972 we have been inspired by the challenge of doing what some say cannot be done. Some of our greatest innovations have sprung from our greatest challenges. It has taught us to never give up and to always seek the full potential in everything and everyone. So passion is possibly our greatest source of energy—and here, we'd like to share the stories that show our passion for energy in practice.

Statoil is investing in a secure and sustainable energy future for the UK. We have a broad range of activities in the UK, including offshore wind projects, upstream operations on the continental shelf, natural gas trading and crude oil sales.

Does the energy industry have a role to play in forming international climate policies? How can we provide affordable, sustainable energy for 1.2 billion people without access to energy? And why is the Paris agreement not sufficient? Statoil spoke to the hard-hitting former chief of the United Nations Framework Convention on Climate Change, UNFCCC, Christiana Figueres, to find out.

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.

A brand-new concept is now under construction in the Netherlands. Oseberg Vestflanken 2 will be developed as an unmanned wellhead platform – probably the simplest platform on the Norwegian continental shelf (NCS).

2016 was a challenging year for the oil and gas industry at large, but Statoil continued to deliver improvements and efficient operations. Here are some of the events and milestones that shaped our year. 

As our industry gathers for the 2016 Offshore Northern Seas conference, we see that fundamental changes are happening. From market dynamics to geopolitical uncertainty, we face new realities. Some see these as threats. Our job is to turn them into opportunities...

Wouldn’t it be great to know what the future will look like? Our 2016 Energy Perspectives report investigates three different scenarios towards 2040.

A small but dedicated team has been hard at work behind the scenes building a new platform. Not offshore, but right here on your screen.

In water 3000 metres deep, the ocean temperature is 0–3 °C (32–38 °F), while the pressure is 300 bar (4388 psi). Here, we drill through a further 6000 metres of rock to reach the reservoir. How is it possible to produce oil and gas under such conditions?

To be a modern explorer you have to be part detective, part historian, and part technologist. Above all, you need to be driven by curiosity. Our exploration teams cooperate across professional boundaries to solve problems together. Find out how we’re working on our next discoveries.

Unprecedented change is taking place in the energy sector. Geopolitics, climate change and the need for increased efficiency are crucial, while demand for energy is rapidly growing.

At Statoil we believe that you can put a price on carbon. In fact we have to because it is one of the most effective ways to combat climate change. 

Statoil’s task is to provide the energy that the world needs, while supplying it in the most sustainable and responsible way. It’s not an easy job, but we strongly believe that with the right people, passion and curiosity — it’s possible.

On 12 December 2015, more than 190 countries ratified an historic agreement on climate change in Paris. Statoil welcomes the agreement.

*All figures from Annual report unless otherwise stated