Statoil is a large-scale state-owned Norwegian oil and natural gas company and the largest crude oil producer in the North Sea. It was founded in 1972. Its main business includes oil and natural gas extraction, production, refining and product sales. It operates in 23 countries in the world. Do business with regions. On October 1, 2007, Statoil merged with Norwegian Hydro’s oil operations company to form the entity StatoilHydro.
Statoil has solid technology in surface drilling, subsea equipment, multi-faceted oil and gas flow, deep water drilling, float production, oil recovery, natural gas transportation and processing, and is Norway’s largest oil company. Norwegian Hydro is committed to the fields of energy, materials and food, providing mineral fertilizers, oil, natural gas, aluminum, magnesium, petrochemicals and other products. It is one of Norway’s largest industrial groups and an international company.
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