Contractors Unlimited

Contractors Unlimited


StatoilHydro is an integrated technology-based international energy company primarily focused on upstream oil and gas operations. Headquartered in Norway, the company was stablished on 1 October 2007 following the merger between Statoil and Hydro's oil and gas activities. The company has more than 30 years of experience from the Norwegian continental shelf, pioneering complex offshore projects under the toughest conditions.

Facts about StatoilHydro
  • About 29,500 employees in 40 countries
  • The world's largest operator in waters more than 100 metres deep
  • Operator for 39 producing oil and gas fields
  • Market capitalisation worth more than NOK 500 billion (NOK 528 billion at a share price of NOK 170)
  • Production averages more than 1.7 million barrels of oil equivalent per day
  • Proven reserves: More than six billion barrels of oil equivalent
  • World leader in the use of deepwater technology
  • World leader for carbon capture and storage
  • One of the world's largest crude oil and gas suppliers
  • Biggest seller of oil products in Scandinavia
  • StatoilHydro is listed on NYSE and Oslo Stock Exchange.
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Last updated 08/01/09

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