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  • Rank75
  • Previous Rank54
  • CEO
    Eldar Saetre
  • Address
    Forusbeen 50, Stavanger 4035
  • Websitehttp://www.statoil.com
  • Industry
    Petroleum Refining

The oil giant, which is the product of a 2007 merger of Statoil and Norsk Hydro, is one of the 15 largest oil and gas companies in the world, and last year’s $98.8 billion in revenue has kept it in the top 75 on the Global 500.

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Company Information

CEO
Eldar Saetre
Industry
Petroleum Refining
Sector
Energy
HQ Location
Stavanger, Norway
Websitehttp://www.statoil.com
Years on List21
Government owned 50% or more. Figures prepared in accordance with International Accounting Standards.

Key Financials (last fiscal year)

($ Millions)% change
Revenues98,801.4-8.9%
Profits3,474.8-48.8%
Assets131,639.4-
Employees22,516-

Profits as a % of

Profit as % of Revenues3.5%
Profits as % of Assets2.6%
Profits as % of Stockholder Equity6.8%