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11. StatoilHydro

Company Info

State or country

Norway

Geographical Location

EMEA

Assets

$91,892 mil

Revenues

$105,244 mil

Profits

$6,984 mil

Return on invested
capital (ROIC)

15.99%

3 yr CGR % Revenues

18.63%

Company data as of 10/27/2009 provided by Standard & Poor's Compustat

Company Snapshot

StatoilHydro ASA engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products.

The company involves in the exploration, development, and production of crude oil and natural gas in Norway and internationally, as well as extraction of natural gas liquids.

It also transports and markets natural gas and natural gas products.

In addition, the company engages in petroleum refining operations; and marketing crude oil and refined petroleum products.

As of December 31, 2008, it had proved reserves of 2201 million barrels of oil and 537.8 billion cubic meters of natural gas.

StatoilHydro’s energy and retail network consists of approximately 2,300 service stations in Scandinavia, Poland, the Baltic States, and the Russian Federation; and 350 truck stops in eight countries.

The company was founded in 1972 and is based in Stavanger, Norway.

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View the latest financial information on Business Week's Company Insight Center


Helge Lund, 47
TITLES:
Chief Executive Officer
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Top 250

11. StatoilHydro

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