StatoilHydro in brief 

Headquartered in Norway, we have more than 30 years of experience from the Norwegian continental shelf, pioneering complex offshore projects under the toughest conditions. Our culture is founded on strong values and a high ethical standard.

We aim to deliver long-term growth and continue to develop technologies and manage projects that will meet the world’s energy and climate challenges in a sustainable way. StatoilHydro is listed on NYSE and Oslo Stock Exchange.

Facts about StatoilHydro

• Established on 1 October 2007 following the merger between Statoil and Hydro’s oil and gas activities
• 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 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
• Biggest seller of oil products in Scandinavia
• Listed on the Oslo Stock Exchange (ticker: STL) and New York Stock Exchange (ticker: STO) 

Corporate executive committee:

• Helge Lund, president and CEO
• Eldar Sætre, chief financial officer
• Hilde Merete Aasheim, staff functions and corporate services
• Tore Torvund, Exploration & Production Norway
• Peter Mellbye, International Exploration & Production
• Rune Bjørnson, Natural Gas
• Jon Arnt Jacobsen, Manufacturing & Marketing
• Margareth Øvrum, Technology & New Energy
• Morten Ruud, Projects
  
  

Board of directors:

Shareholder-elected directors:

• Svein Rennemo (chair)
• Marit Arnstad (deputy chair)
• Elisabeth Grieg
• Grace Reksten Skaugen
• Kjell Bjørndalen
• Roy Franklin
• Kurt Anker Nielsen

Employee-elected members of the board:

• Lill-Heidi Bakkerud
• Claus Clausen
• Morten Svaan
• Ragnar Fritsvold 
• Geir Nilsen