StatoilHydro’s activities require extensive use of goods and services procured from suppliers. At present, the annual value of our procurements is just over NOK 100 billion, and the total number of suppliers around the world is approximately 26,000. Our suppliers add significant value to StatoilHydro and to our partners and customers.
It is important to cooperate closely with our key suppliers in order to ensure lasting long-term competitive advantages for StatoilHydro.