As the largest operator on the Norwegian continental shelf, we operate over 40 assets in the North Sea, the Norwegian Sea and the Barents Sea, including fixed and floating installations. We are the second-largest gas exporter to Europe and the world's largest offshore operator.

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We operate over 40 assets on the NCS with fixed and floating installations

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Partner-operated fields account for 13% of our total NCS production   

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The Peregrino field in Brazil is our largest international operatorship, yielding 100,000 barrels per day 

Optimising our positions around the world

Photo of Johan Sverdrup core sample
A core sample taken from drilling into an oil reservoir, showing oil in the rock

We have a particular focus on technological innovation in the fields of oil and gas exploration, reservoir, drilling and well, and production and facilities. 

In recent years we have built on our knowledge and experience to develop a strong and diverse field portfolio outside Norway, and today we are present in many of the most important oil and gas provinces, including Angola, Brazil, Canada, UK and Tanzania. 

Now, as a truly international company, we are managing our global portfolio of oil and gas fields in order to optimise positions in core areas, as well as in new areas with growth potential. Our portfolio ranges from development projects to mature fields offshore Norway to operations in countries like Brazil and Africa. 

The Norwegian continental shelf

We operate over 30 fields on the Norwegian continental shelf (NCS), which includes the North Sea, the Norwegian Sea and the Barents Sea. We are responsible for approximately 70% of all oil and gas production on the NCS. We take an active approach to portfolio management on the NCS—meaning that we create added value by optimising our positions in core areas and new growth areas in accordance with our strategies and targets.

We are seeking to actively maintain and strengthen our position as the leading operator and partner on the Norwegian continental shelf. We work to extend production from producing fields though improved reservoir management and  application of new technology, while exploring and developing resources in new areas such as the Barents Sea. Since 2010 our annual investments on the Norwegian continental shelf have increased by 75% and several fields are currently under development. Through innovative exploration and production we are able to recover valuable resources that were previously thought unreachable.  

Fields we operate in Norway

We operate more than 40 assets in the North Sea, the Norwegian Sea and the Barents Sea, and we also operate a significant number of exploration licences. Acting as operator, Statoil is responsible for over 70% of all oil and gas production on the NCS.

NB: For fields under development, see further down—and for partner-operated fields, please scroll to the bottom of the page. 

To learn more about the characteristics of the oil types we sell, please see our Crude Oil Assays available at the link below. 

New field developments

The Norwegian continental shelf has undergone a considerable revitalisation in recent years and still has considerable unrealised potential. We are pushing ahead with major new projects like Gina Krog, Aasta Hansteen and Johan Castberg. We believe that it’s fully possible to maintain sustainable and profitable production at today's levels until 2030 and beyond.   

  • Aasta Hansteen

    The Aasta Hansteen gas field in the Norwegian Sea is situated 300 km offshore in depths of 1300 metres. The PDO was submitted in 2012.

  • Gina Krog

    Gina Krog is located about 30 km northwest of Sleipner, to which it will be tied. The PDO was submitted in December 2012.

  • Johan Castberg

    Johan Castberg is situated approximately 100 km north of the Snøhvit-field in the Barents Sea. The ambition is to select the concept in 2017.

  • Johan Sverdrup

    Johan Sverdrup is one of the five largest oil fields on the NCS and one of the most important industrial projects in Norway for the next 50 years.

Partner-operated fields in Norway

Partner-operated fields account for approximately 13% of our total oil and gas production on the NCS. The main producing fields are Ormen Lange, Skarv and Ekofisk, operated by Shell, BP and ConocoPhillips respectively. We have a 25.35% interest in Ormen Lange, 36.17% in Skarv and approximately 7% in Ekofisk (2014 figures).  

Fields around the world

About half of our business now takes place outside Norway, and we are present in several of the most important oil and gas provinces in the world. In 2014, we were engaged in production in 11 countries outside Norway: Algeria, Angola, Azerbaijan, Brazil, Canada, Libya, Nigeria, Russia, the UK, the US and Venezuela. Our international operations accounted for some 39% of our total equity production of oil and gas in 2014. We also hold exploration licences in Alaska, Canada, the Gulf of Mexico, South America, sub-Saharan Africa, the Middle East, North Africa, Europe, Asia, and Oceania. For details of the oil qualities we sell, please see our crude oil assays.

  • Algeria

    Together with BP and the Algerian national oil company Sonatrach, Statoil is involved in the development and production of two of the largest gas fields in the country, In Salah and In Amenas.

  • Angola

    The Angolan continental shelf is a frontier region for us. We are partners in blocks 25 and 40 in the Kwanza pre-salt basin. We also hold stakes in blocks 15, 17 and 31 in the Congo basin.

  • Azerbaijan

    Statoil has an 8.56% interest in the Azeri-Chirag-Gunashli (ACG) oil field, which is operated by BP.

  • Brazil

    Statoil is currently the operator and holds a 60% stake in the large Peregrino field 85 km off the coast of Rio de Janeiro, as well as seven exploration licences.

  • Canada

    Statoil is active in some of the most exciting energy resource areas in Canada - owning interests in several exploration, development and production licenses offshore Newfoundland.

  • Ireland

    Statoil has a 36.5% interest in the Corrib gas field north-west of Ireland. The Corrib field development was sanctioned in 2001 and production commenced in December 2015. Shell is the operator.

  • Libya

    Statoil participates in land-based oil production activities in the Mabruk field and in the Murzuq basin.

  • Nigeria

    Statoil has an interest in the country’s largest deepwater producing field, Agbami. It is located 110 kilometres off the Nigerian coast in water depths of 1,500 metres.

  • Russia

    Statoil is a partner in the Kharyaga oil field development, part of Timan-Pechora basin located in the Nenets Autonomous District 60 kilometres north of the Arctic Circle.

  • Tanzania

    Tanzania is proof of Statoil’s recent international exploration success with a total of eight discoveries since 2012. Five of these are high impact discoveries made in the last two years.

  • United Kingdom

    Statoil has 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.

  • USA

    Statoil is active in some of the most exciting energy resource areas of North America with a focus on deep-water exploration and production, shale and tight rock hydrocarbons and heavy oil.

  • Venezuela

    The Petrocedeño agreement has a duration of 25 years starting in 2008, where PDVSA holds 60%, Total 30.33% and Statoil 9.67%.