The Statoil group achieved an operating profit of NOK 17 billion for 1997, which is slightly down from the year before.
Profit before tax came to NOK 14 billion as against NOK 17.9 billion in 1996. Net profit for the year amounted to NOK 4.3 billion compared with NOK 5.3 billion in 1996.
Return on capital employed after tax came to 8.6 per cent as against 9.6 per cent the previous year.
