Statoil
Statoil ASA (formerly StatoilHydro ASA), formed from the merger of Statoil and especially the oil and gas activities of Norsk Hydro, is a publicly listed oil and gas company headquartered in Stavanger, the majority of which is held 67% by the Norwegian State. Statoil has about 29,500 employees, of whom about 60 per cent in Norway, making it Norway's largest companies.
Business
Upstream activities
Statoil with 60% of the total production of the largest operator on the Norwegian continental shelf. The edited fields are Glitne, Gullfaks, Heidrun, Huldra, Kristin, Kvitebjørn, Mikkel, Norne, Ormen Lange, Sleipner, Snorre, Snøhvit, Statfjord, Sygna, Tordis, Troll, Veslefrikk, Vigdis, Visund, Volve and Åsgard. The company also has processing plants at Kolsnes in Kårstų at Mongstad in Tjeldbergodden and Melkøya.
Operates in addition to the Norwegian continental shelf StatoilHydro oil and gas fields in Algeria, Angola, Azerbaijan, Brazil, Canada, China, Iran, Libya, Nigeria, Russia, the United States and Venezuela. StatoilHydro has offices who are looking for business opportunities in the countries of Egypt, Mexico, Qatar and the United Arab Emirates on the lookout. The company has processing plants in Belgium, Denmark, France and Germany. 2006, Statoil was approved to implement the world's largest CO2 Sequestrierungsprojekt. In this case, carbon emissions are ( GHG ) deposited to mitigate global warming. The project failed, however, in 2013.
Midstream activities
Statoil is involved in a number of pipeline transports, including Zeepipe, Statpipe, Europipe I and II and Europipe Franpipe from the Norwegian continental shelf to Western Europe in addition to the Baku -Tbilisi -Ceyhan pipeline involved in Central Asia. The pipelines from Norway are organized by " Gassled ".
The company has offices to trade crude oil, refined petroleum products and natural gas liquids in London, Stamford and Singapore.
Downstream activities
The company operates three brands of fuel stations which read: Statoil, Hydro and 1-2-3. StatoilHydro has retail networks in Denmark, Estonia, Ireland, Latvia, Lithuania, Norway, Poland, Russia and Sweden. In Sweden the company also operates service stations under the brand Hydro. In total Statoil has 2,000 filling stations.
History
On 14 June 1972, by decision of the Storting, the Norwegian Parliament, the norske stats oljeselskap ( the Norwegian state oil company ), short Statoil, was founded. The aim was to share in the exploitation of the discovered in the 60s oil deposits in the North Sea and to form the basis for a national oil industry ( refining, petrochemicals). The founding paragraph provides that Statoil should deal with production, transport, distribution and sale of crude oil and products derived therefrom. In addition, an extensive report duty to the Ministry of Industry (later the Petroleum and Energy Ministry ) set.
It soon began preparations for oil production, and in 1974 the Statfjordfeld was discovered on the Norwegian continental shelf. 1979 could be taken to promote - the first crude oil was transported by ship from the oil rig still out on land.
In 1981, Statoil was the first Norwegian company the sole responsibility for operating a new field: Gullfaks in the south of the continental shelf.
A further step in the diversification followed in 1985, as the Norwegians took over the Scandinavian service station network of Esso competitors. Today the petrol station Statoil Detaljhandel division is the market leader in several northern European countries.
Since 1988, the Group also promotes natural gas (the first undeveloped natural gas field was Tommeliten ), the same year with Mongstad ( near Bergen ) opened the second- largest crude oil loading terminal in Europe. At the same time the expansion of the mining activities began ( it is assumed that the Norwegian continental shelf has already passed its zenith and conveying hard to find there are more great new oil fields ) abroad: Last 2005 branches were opened in China and Angola. The Germany headquarters of Statoil is located in Emden, on the Knock, where a landing and cleaning station for North Sea gas operated.
In 2001, the partial privatization was made: 18 percent of the shares were sold on the stock exchange in Oslo, now Statoil is listed on the New York Stock Exchange.
Crises and scandals
The history of Statoil was not always successful by far. Especially in the early years, the company wrote off as a result of expensive acquisitions and lack of experience in the oil business billions in losses.
On August 23, 1991 fell in the conveyor field Sleipner A new rig because of a design flaw due. The promotion could be taken up only in 1993 and the ecological consequences of this accident are not accurately predict today.
Over the years, Statoil was always involved in criminal proceedings, as work accidents killed on drilling rigs frequently human life or oil ran into the North Sea. Multiple Group was sentenced while -million. 2002, the largest ever corruption scandal in the Norwegian economy story about Statoil was uncovered, in which it came to covert payments in Iran. Since February 2005, the company is under close observation by the U.S. Securities and Exchange Commission.
In Ireland, Shell plans (in cooperation with Statoil and Marathon ) against the will of the local population, the construction of a refinery built on land for natural gas from the Atlantic. The inhabitants of the remote area fear the destruction of their environment and their livelihoods. A group performs under the name Shell to sea (English) opposition to the project. In May 2007, the local residents and activists Willie Corduff was awarded for its use of the Goldman Environmental Prize.
A plant on the island of Melkøya near Hammerfest, is liquefied in the gas and transported to the mainland by boat, was shut down after the start in August 2007 due to technical problems in November. In the meantime, a part of the gas is burned, with significant amounts of carbon dioxide, nitrogen oxides and carcinogenic carbon black came into the environment. End of January 2008 the plant partially put into operation in which case the excess gas will be flared again.
On January 16, 2013 hijacked Malian Islamic militants in Algeria nine foreigners at an oil field company. The attackers had attacked the gas plant Tiguentourine, which is operated jointly by BP and the Algerian energy company Sonatrach.