Statoil ASA was a Norwegian petroleum company established in 1972. It merged with the oil and gas division of Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro. Statoil was the largest petroleum company in the Nordic countries. In the 2013 Fortune 500, Statoil was ranked as the 39th -largest company in the world. While Statoil was listed on both the Oslo Stock Exchange and the New York Stock Exchange, the Norwegian state still held majority ownership, with 64%. The company's headquarters are located in Norway's oil capital Stavanger. The name Statoil was a truncated form of the State's oil (company).
Norsk Hydro ASA is a Norwegian aluminium and renewable energy company, headquartered in Oslo. It is one of the largest aluminium companies worldwide. It has operations in some 50 countries around the world and is active on all continents. The Norwegian state owns 34.3% of the company through the Ministry of Trade, Industry and Fisheries. A further 6.5% is owned by Folketrygdfond, which administers the Government Pension Fund of Norway. Norsk Hydro employs approximately 35,000 people. Hilde Merete Aasheim has been the CEO since May, 2019.
Eivind Kristofer Reiten is a Norwegian economist, corporate officer and politician for the Centre Party. He served as Minister of Fisheries from 1985-1986 and Minister of Petroleum and Energy from 1989-1990, before entering a career in business. Reiten served as the Director General (CEO) of Norsk Hydro between 2001 and 2009, after which he took up the chairmanship of Norske Skog. Eivind Reiten was also Chairman of StatoilHydro for four days until he resigned from his position after Norsk Hydro had been accused of corruption.
Bristow Norway AS is a Norwegian helicopter company that transports crew to oil installations in the North Sea. It has headquarters in Stavanger and has additional operations out of Bergen, Florø, and Hammerfest. The company operates a fleet of 24 Sikorsky S92 helicopters and has 420 employees.
Lufttransport is a Norwegian helicopter and fixed-wing airline that operates primarily air ambulance helicopters and planes for the Norwegian and Swedish governments. In addition the airline offers services including surveillance for the Norwegian Coast Guard, transport of ship pilots and scheduled air transport in the Norwegian territory of Svalbard.
Vetco was established in July 2004 and operated through its subsidiaries Vetco Gray and Vetco Aibel AS. Vetco was the result of a consortium consisting of the private equity firms Candover, 3i and JP Morgan Partners, which took over ABB's oil and gas division; ABB Offshore Systems. Vetco was made out of companies that have serviced the upstream oil and gas industry since 1903. These companies are suppliers of products, systems and services for onshore and offshore drilling and production, project management, engineering, procurement and construction services, process systems and equipment, maintenance, modification and operations. Vetco was headquartered in London UK, and employed over 10,000 people in more than 30 countries worldwide.
Kårstø is an industrial facility located near the village of Susort, along the Boknafjorden, in the municipality of Tysvær in Rogaland county, Norway. The site features a number of natural gas processing plants that refine natural gas and condensate from the fields in the northern parts of the North Sea, including the Åsgard, Mikkel, and Sleipner gas fields. The Kårstø processing complex is Europe's biggest export port for natural gas liquids (NGL) and the third largest in the world. The industrial site is also the location for the now-closed Kårstø Power Station.
Equinor ASA is a Norwegian state-owned multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. In 2023, the company was ranked 52nd in the same list. As of 2021, the company has 21,126 employees.
Hydro Oil & Gas is a defunct division of Norsk Hydro that operated within the oil and gas industry. On October 1, 2007 it merged with Statoil to form the new corporation StatoilHydro.
Hydro was a chain of fuel stations throughout Sweden owned by Statoil. The chain had more than 500 stations, as well as some unmanned Uno-X stations. The company also operated in retailing natural gas, electricity and heating oil.
Odfjell Drilling Ltd. is an oil drilling, well service, and engineering company.
Naturkraft is a Norwegian power company that operates one natural gas powered thermal power station located at Kårstø. It also holds a permit to build a second one at Kollsnes. The company is owned by Statoil and Statkraft, with 50% each.
Braathens Helikopter A/S was a Norwegian helicopter airline based at Stavanger Airport and Bergen Airport. It used a fleet of seven Aérospatiale Super Pumas to serve offshore oil platforms in the North Sea. The customers were Amoco, BP, Norsk Hydro, Phillips Petroleum and Statoil, serving their oil fields Ekofisk, Oseberg, Gullfaks, Veslefrikk, Valhall, Ula and Gyda. Braathens Helikopter operated from 1989 to 1993, after which it was sold to and merged with the main competitor, Helikopter Service. Braathens Helikopter was owned by Ludvig G. Braathens Rederi and was a sister company of the airline Braathens SAFE.
Sture Terminal is an oil terminal at Stura in Øygarden municipality, 50 km (31 mi) northwest of Bergen, Norway. It receives oil and condensate from Oseberg, Veslefrikk, Brage, Oseberg Sør, Oseberg Øst, Tune and Huldra fields through 115 km (71 mi) Oseberg Transport System (OTS) and oil from Grane oil field through 212 km (132 mi) Grane oil pipeline.
Grane is an offshore oil field in the North Sea located 185 km (115 mi) west of the city of Haugesund on the western coast of Norway. It is Norway's first heavy crude oil production field and Statoil's largest heavy oil field in the Norwegian continental shelf. The oil from the field, located in Block 25/11 is transported to Sture terminal via Grane oil pipeline. The injection gas is imported to Grane oil field from the Heimdal, located just north the field.
Oseberg Øst is an offshore oil field in the North Sea, located east of Oseberg Oil Field. The field was developed with a fixed production, drilling and quarters (PDQ) facility and is operated by Statoil. The first stage phase processing is done at the Oseberg Øst platform. The second and third phase processing of oil is done at the Oseberg Field Center and it is then transported to Sture terminal in Norway through the Oseberg Transport System.
Gro Merete Brækken is a Norwegian businessperson known for her extensive leadership experience in various sectors including oil, refinery, natural gas, shipbuilding, banking, and aid and development. She has held significant roles in both national and international companies and organizations.
Heimdal is an offshore natural gas field in the North Sea located 212 kilometres (132 mi) northwest of the Stavanger, Norway. Heimdal serves as a connection hub for processing and distribution of natural gas from satellite fields.
Vale is an offshore gas field in the North Sea located 16 kilometres (9.9 mi) north of the Heimdal gas field. The depth of the water in the field area is 115 metres (377 ft). Vale is considered a satellite to Heimdal field and is connected to it by a pipeline. Estimated reserves at Vale stand at 2.5 billion cubic metres of natural gas and 21 million barrels (3,300,000 m3) of gas condensate. Vale gas field is expected to produce 1.6 million cubic metres per day of natural gas and 2,600 barrels per day (410 m3/d) of condensate.
Libya–Norway relations are the bilateral and diplomatic relations between Libya and Norway. While neither country has an embassy in the other—Libya has its closest embassy in Stockholm, whereas Norway has an embassy in Cairo—the economic relations have been more significant. Notably, Norway also took part in the bombing campaign against Libya in 2011.
