Statoil is the world’s eleventh largest oil and gas company as per the Forbes Magazine and 26th largest company in terms of profit. It was established in the year 1972 and headquartered at Stavanger, Norway. In the year 2007, the company got merged with the oil and gas division of Norsk Hydro. It holds strong presence in many countries including Norway, China, Nigeria, Brazil, Indonesia, India, Australia, Myanmar etc. In Australia it holds four exploration permits (EP, 103, 104, 127, 128) in South Georgina Basin through alliance between Petrofrontier Corporation. Statoil has 30% equity share in four BP operated exploration licenses offshore in South Australia. As of 2103, the company acquired 2D Seismic and continuously striving for its excellence.
Statoil Contact Australia
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