This image can only be used in an editorial context and can not be used for a commercial purpose
Photographer/Copyright: Brage Aronsen
Statoil ASA, (OSE: STL), is a Norwegian multinational oil and gas company. It is a fully integrated petroleum company with operations in thirty-six countries. By revenue, Statoil is ranked by Forbes Magazine (2013) as the world's eleventh largest oil and gas company and the twenty-sixth largest company, regardless of industry, by profit in the world. The company has about 23,000 employees. Statoil was formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro. As of 2013, the Government of Norway is the largest shareholder in Statoil with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy.
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