What is the history of Statoil?

What is the history of Statoil?

We were formed in 1972 as the Norwegian State Oil Company, Statoil, and listed on the Oslo and New York stock exchanges in 2001. The Norwegian state retains a 67% share of the company. We merged with Hydro’s Oil and Energy division in 2007.

Who are Statoil’s major shareholders?

Statoil’s shareholders hold 67.3% of the new company, with Norsk Hydro shareholders owning the remaining 32.7%. The Norwegian Government, the biggest shareholder in both Statoil and Norsk Hydro, holds 67% of the company.

What is the Statoils kunstpris?

The program also includes an art prize, Statoils kunstpris, that has been awarded every second year since 2007 to a talented artist in Norway. The grant is 500,000 NOK (about $83,000) which makes it Norway’s largest prize of its kind.

What is the history of Equinor ASA?

For the pre-merger company, see History of Statoil (1972–2007). Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger. It is primarily a petroleum company, operating in 36 countries with additional investments in renewable energy.

History of Statoil (1972–2007) Statoil ASA was a Norwegian petroleum company established in 1972. It merged with the oil and gas division of Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro.

What is a Statoil petrol station?

A Statoil petrol station sign in Estonia. Statoil ASA was a Norwegian petroleum company established in 1972. It merged with the oil and gas division of Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro.

What is the difference between Statoil and Statoil Hydro?

Statoil ASA was a Norwegian petroleum company established in 1972. It merged with the oil and gas division of Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro.

Who is the CEO of Statoil?

Statoil was one of the largest net sellers of crude oil in the world, and a major supplier of natural gas to the European continent, Statoil also operated around 2000 service stations in 9 countries. The company’s CEO from mid-2004 onwards was Helge Lund, formerly CEO of Aker Kværner .