Statoil’s industrial and financial position at the start of 2006 is strong.
In 2005 the group delivered its best annual results to date. Production and profi tability were higher than ever before.
Moreover, 2005 also saw the sanctioning of a record number of upstream projects.
Combined with focused improvement work, this should give Statoil a good platform for developing into a globally competitive company.
Published 2006-03-31, 00:00 CET | Updated 2008-06-03, 15:12 CET