Company’s PresentationSTATOIL

Mykolo Romerio universitetas

Monika Voverytė

FEbns9-09

POSITIVEENERGYSTARTS

THERE

the biggest offshore oil and gas company in the world

The History Picturies of the companyOrganisation structureSubsidiariesMain competitorsWeaknesses and strenghtsFacts of StatoilHydro

THE BEGINNING

Den Norske Stats Oljeselskap A/S (Norwegian State Oil Company) – founded on 14 July 1972 by the Norwegian parliament Stortinger;

the State's oil = STATOIL;

Private limited company;

Political motivation - participation, competency;

In 2001 the company was privatized and made a public limited company;

StatoilHydro, established on 1 October 2007 following the merger between Statoil and Hydro’s oil and gas activities

StatoilHydro

Organisation chart

CEO Helge Lund

Subsidiaries

Norway

Estonia

Poland

Denmark

Latvia

Lithuania

Russia

Sweden

Main competitors

Iran NOC

Saudi Arabia NOC

Weaknesses

Weak Presence in the Asian Emerging Markets

Extensive Focus on NCS (Norwegian Continental Shelf) Region

Strenghts

Strong Position in the European Natural Gas Market

Competitive Reserves

Strong Operating Performance

Facts about StatoilHydro

About 29,500 employees in 40 countries

The world's largest operator in waters

more than 100 metres deep

Operator for 39 producing oil and gas fields

Market capitalisation worth more than NOK (Norwegian krone) 500 billion (NOK 528 billion at a share price of NOK 170)

Production averages more than 1.7 million barrels of oil equivalent per day

Proven reserves: More than six billion barrels of oil equivalent

World leader in the use of deepwater technology

World leader for carbon capture and storage

One of the world's largest crude oil and gas suppliers

Listed on the Oslo Stock Exchange and New

York Stock Exchange

Biggest seller of oil products in Scandinavia