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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