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Facts about StatoilHydro
· Established on 1 October 2007 following the merger between Statoil and Hydro’s oil and gas activities · 31,000 employees in 40 countries · Market capitalisation worth more than NOK 500 billion (~ USD 90 billion) · Production averaging over 1.7 million barrels of oil equivalent per day · Proven reserves: More than 6 billion barrels of oil equivalent · The world’s third-largest net seller of crude oil · One of the world’s largest gas suppliers · Biggest seller of oil products in Scandinavia · The world’s largest operator of deepwater fields · World-leading in the use of deepwater technology · World-leading in carbon capture and storage · Operator for 39 producing oil and gas fields · Listed on Oslo Stock Exchange (ticker: STL) and New York Stock Exchange (ticker: STO)
StatoilHydro in China
StatoilHydro offer China’ NOCs to be their trusted partner in developing energy resources both domestically and internationally and in an environmental and sustainable way.
StatoilHydro are today using world class-technology to make a success out of demanding projects and are growing rapidly internationally.
Decades of pioneering operations in challenging environments have taught us how to overcome the industry’s challenges.
All this combined with being a partly privatized NOC and our long standing relationship with Chinese National Oil Companies form the foundation for our ambition to become a major player in China gas chains and IOR/EOR developments.
StatoilHydro’s relations with China go back more than 30 years. The first Beijing office was opened in 1982, and we have assisted authorities and oil companies on technology transfer, oil regulations and legislation issues. StatoilHydro have for more than then years been oil production operator in China. |