watch
Statoil ASA

Statoil ASA

Sector: Crude Petroleum And Natural Gas Region: Norway


: | Oslo Exchange: STL | New York Stock Exchange: STO


Similar to: SilverWillow Energy, Tullow Oil Plc, Carrizo Oil & Gas, Inc.

Statoil ASA explores, produces, transports, refines and markets petroleum and petroleum-derived products. The company operates through four segments: Development & Production Norway, Development & Production North America, Development & Production International, and Marketing Processing & Renewable Energy. The Development & Production segments, are organized based on a regional model with geographical clusters or units are responsible for the commercial development of the oil and gas portfolios within their respective geographical areas. The Marketing Processing & Renewable Energy segment is responsible for marketing and trading of oil and gas commodities, electricity and emission rights, as well as transportation, processing and manufacturing of the above mentioned commodities, operations of refineries, terminals, processing and power plants, wind parks and other activities within renewable energy. The company was founded on September 18, 1972 and is headquartered in Stavanger, Norway.

Latest Media

Warning! Third-party cookies must be enabled to view SlideShare presentations. ×

Having trouble?

CEO's HSE Award 2012 - Aiming high

Apr 18, 2013

Statoil ASA video

CEO's HSE Award 2012 - Aiming high

Statoil ASA video

Energy Perspectives 2013

Statoil ASA video

Energy realities

Executives

Helge Lund, CEO
Experience: Came to Statoil from the position of CEO in Aker Kværner ASA and held central managerial positions in the Aker RGI system from 1999. He has been political adviser to the Conservative Party of Norway's parliamentary group, a consultant with McKinsey & Co and deputy managing director of Nycomed Pharma AS.
Education: MA in business economics (siviløkonom) from the Norwegian School of Economics and Business Administration (NHH) in Bergen and Master of Business Administration (MBA) from INSEAD in France.
Family relations: No family relations to other members of the CEC, members of the board or the corporate assembly.
Other matters: Helge Lund is a Norwegian citizen and resident.
Torgrim Reitan, Executive vice president and Chief Financial Officer
Experience: Has held several managerial positions in Statoil, including senior vice president (SVP) in trading and operations in the Natural Gas business area (2009 - 2010), SVP in performance management and analysis (2007 - 2009) and SVP in performance management, tax and M&A (2005 - 2007). From 1995 to 2004, he held various positions in the Natural Gas business area and corporate functions in Statoil.
Education: Master of science degree from the Norwegian School of Economics and Business Administration.
Family relations: No family relations to other members of the CEC, members of the board or the corporate assembly.
Other matters: Torgrim Reitan is a Norwegian citizen, and resident.
John Knight, Executive vice president Global Strategy and Business Developmen
Experience: He held several central managerial positions in International Operations in Statoil since 2002, mainly in business development. Between 1987 and 2002, he held various positions in energy investment banking. From 1977 to 1987, he qualified and worked as a barrister/lawyer, and was employed by Shell Petroleum in London during the period 1985-1987.
Education: Has first and post-graduate degrees in law from Cambridge University and the Inns of Court School of Law in London.
Family relations: No family relations to other members of the CEC, members of the board or the corporate assembly.
Other matters: John Knight is a British citizen, and he lives in England.

News & Analysis

You may also be interested in: