Statoil is an international energy company with operations in 37 countries. Building on more than 40 years of experience from oil and gas production on the Norwegian continental shelf, Statoil is committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. Statoil is headquartered in Stavanger, Norway with approximately 22,000 employees worldwide, and are listed on the New York and Oslo stock exchanges.
The Statoil way
The way Statoil work is as important as the goals achieved. Statoil believes that competitive returns for the shareholders are best achieved through a values-based performance culture, stringent ethical requirements and a code of conduct which promotes personal integrity.
Statoil sets absolute requirements for health, safety and the environment (HSE). Statoil aims to meet the demand for energy which is necessary for further economic and social development, while showing consideration for the environment and making an active effort to fight global climate change.
Safe and efficient operations are the first priority. Statoil has won great renown for the technical safety monitoring system and the safe behaviour programme. Statoil is convinced that all accidents can be avoided, and the goal is always to achieve zero personal injuries. Statoil emphasise continuous work for an improved HSE performance in all the activities.
Statoil focuses on contributing to sustainable development via the core activities in the countries in which Statoil operates. Statoil is committed to openness and anti-corruption work, and to respect for human rights and employee rights. That applies both to the own activities and to those parts of the value chain over which Statoil has significant influence.
Statoil’s Operations
Oil and gas will continue to be society's most important energy sources for many years. In Statoil focusing on innovation in exploration and production to recover valuable resources that were previously thought unreachable.
New Energy - Climate change and a growing demand for clean energy are opening up new business opportunities. Statoil is in a position to seize these opportunities by utilising long-standing core capabilities from the Oil & Gas industry.
Research and Development - Statoil is committed to research, technology development and expertise to achieve its ambition of becoming a stronger, internationally competitive company. The research is organized in different programs throughout the oil and gas value chain, in addition to business challenges connected to Gulf of Mexico and oil sand in Canada.
Natural Gas - Statoil has a robust gas portfolio and is a long term and reliable supplier. Statoil is a leading gas player with strong position on the Norwegian continental shelf. The company sell natural gas to customers in almost 20 countries.
Procurement - Statoil uses suppliers that conduct their activities in accordance with their values and their HSE, ethics and social responsibility standards. Statoil has introduced the principle of division of roles/responsibilities between the line management and procurement function in order to meet the requirement for good control. The procurement function is responsible for proactive coordination, planning and execution of procurements on behalf of the line management.
Production Facilities - Statoil refines oil and gas at a number of plants both in and outside Norway. They are also technical operator for reception facilities, pipelines and infrastructure for gas.
Trading Products - Statoil trades in petroleum products, methanol, natural gas, power and emission allowances all over the world. It ranks as the world's third largest net seller of crude oil. eaborne transportation of Statoil's crude, product, gas liquids and LNG volumes involves more than 4300 voyages worldwide per year and moves over 100 million tons annually. Trading activities are carried out from the trading offices in Stavanger, Stamford, Singapore, Oslo, Calgary and London.