natgillin/translations-raw huggingface dataset:
Annual General Meeting (AGM) 
Annual General Meeting (AGM)
Statoil in brief 
Statoil in brief
Statoil is an international energy company with activities in more than 30 countries. 
Statoil is an international energy company with activities in more than 30 countries.
We are headquartered in Stavanger, Norway with approximately 20,500 employees worldwide, and are listed on the New York and Oslo stock exchanges. 
We are headquartered in Stavanger, Norway with approximately 20,500 employees worldwide, and are listed on the New York and Oslo stock exchanges.
2,095 
2,095
MBOE/DAY EQUITY production (Q4 2016) 
MBOE/DAY EQUITY production (Q4 2016)
1,664 
1,664
Q4 2016 adjusted EARNINGS (USD MILLION) 
Q4 2016 adjusted EARNINGS (USD MILLION)
4,070 
4,070
2016 adjusted earnings (USD MILLION) 
2016 adjusted earnings (USD MILLION)
5,013 
5,013
MMBOE proved oil and gas reserves (2016) 
MMBOE proved oil and gas reserves (2016)
Key financials 
Key financials
More about us 
More about us
The Statoil share 
The Statoil share
Investors 
Investors
The Statoil share is listed on the Oslo Stock Exchange and the New York Stock Exchange under the ticker codes STL and STO respectively. 
The Statoil share is listed on the Oslo Stock Exchange and the New York Stock Exchange under the ticker codes STL and STO respectively.
The Norwegian state is the largest shareholder with 67% of the shares, managed by the Ministry of Petroleum and Energy. 
The Norwegian state is the largest shareholder with 67% of the shares, managed by the Ministry of Petroleum and Energy.
STL 0 NOK OSLO STOCK EXCHANGE (OSE) 05/10/2017 16:25 (GMT +1) 
STL 0 NOK OSLO STOCK EXCHANGE (OSE) 06/10/2017 16:25 (GMT +1)
STO 0 USD NEW YORK STOCK EXCHANGE (NYSE) 05/10/2017 22:02 CET at least 20mins delayed 
STO 0 USD NEW YORK STOCK EXCHANGE (NYSE) 06/10/2017 20:45 CET at least 20mins delayed
Capital market updates 
Capital market updates
Statoil analyst conferences and Capital Market Updates: 
Statoil analyst conferences and Capital Market Updates:
CAPITAL MARKET UPDATE 2017 
CAPITAL MARKET UPDATE 2017
CAPITAL MARKET UPDATE 2016 
CAPITAL MARKET UPDATE 2016
CAPITAL MARKET UPDATE 2015 
CAPITAL MARKET UPDATE 2015
In 2014, Statoil started paying its dividend quarterly. 
In 2014, Statoil started paying its dividend quarterly.
Q1 CASH DIVIDEND USD 
Q1 CASH DIVIDEND USD
0.2201 
0.2201
EX. 
EX.
DIVIDEND DATE (OSE) 
DIVIDEND DATE (OSE)
9 August 
9 August
approx. next payment (OSE) 
approx. next payment (OSE)
22 Sept. 
22 Sept.
Our stock market announcements 
Our stock market announcements
Completion of share capital increase in connection with the Dividend Issue for first quarter 2017 
Gjennomføring av kapitalforhøyelse i forbindelse med Utbytteemisjonen for første kvartal 2017
September 21, 2017 
21. september 2017
Allocation of Dividend Shares to primary insiders 
Tildeling av Utbytteaksjer til primærinnsidere
Reference is made to the announcement by Statoil ASA on 22 June 2017 regarding the participation by the primary insiders in the dividend issues under the scrip dividend programme for fourth quarter 2016. 
Det vises til meldingen fra Statoil ASA den 22. juni 2017 angående primærinnsidernes deltakelse i utbytteemisjonene under utbytteaksjeprogrammet for fjerde kvartal 2016.
Result of the Dividend Issue for the first quarter 2017 
Resultatet av Utbytteemisjonen for første kvartal 2017
Reference is made to the previous announcements by Statoil ASA regarding the Dividend Issue for the first quarter 2017. 
Det vises til tidligere meldinger fra Statoil ASA angående Utbytteemisjonen for første kvartal 2017.
See all our news 
See all our news
Our financial calendar 
Our financial calendar
26 October 
26 oktober
Statoil - Third quarter results 2017 
Statoil - Third quarter results 2017
Financial calendar Read more 
Finansiell kalender Les mer
Norway 00:00 - 00:00 CEST Add to your calendar Read more 
Norway 00:00 - 00:00 CEST Legg til i kalender Les mer
To see live webcasts and download presentations, please click "Read more" above. 
To see live webcasts and download presentations, please click "Read more" above.
See all our events 
See all our events
Closed Period Statoil voluntarily applies a ‘closed period’ before the results of a reporting period are announced. 
Closed Period Statoil voluntarily applies a ‘closed period’ before the results of a reporting period are announced.
Our quarterly results 
Our quarterly results
Financial reporting 
Financial reporting
quarter 
quarter
report 
report
presentation 
presentation
webcast 
webcast
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transcript
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Statoil’s annual reports 
Statoil’s annual reports
All our previous annual reports are available for download here. 
All our previous annual reports are available for download here.
Our latest annual report (for 2016) was published on March 17, 2017. 
Our latest annual report (for 2016) was published on March 17, 2017.
Please see below. 
Please see below.
Annual Report 2016 
Annual Report 2016
2016 was another challenging year for the oil and gas industry, but we have worked hard to position Statoil well for the future. 
2016 was another challenging year for the oil and gas industry, but we have worked hard to position Statoil well for the future.
Safety and security are our top priorities in Statoil. 
Safety and security are our top priorities in Statoil.
And while 2016 was a year of many achievements, we also experienced the worst thinkable. 
And while 2016 was a year of many achievements, we also experienced the worst thinkable.
We had a contractor fatality during construction work in South Korea, and on 29 April we lost 13 colleagues when a helicopter crashed near Bergen. 
We had a contractor fatality during construction work in South Korea, and on 29 April we lost 13 colleagues when a helicopter crashed near Bergen.
We are not satisfied with this development and have taken several steps to reinforce safety measures throughout the company. 
We are not satisfied with this development and have taken several steps to reinforce safety measures throughout the company.
We have set a new target of USD 1 billion in cost savings for 2017. 
We have set a new target of USD 1 billion in cost savings for 2017.
Production for the full year was 1,978 mboe per day, a slight increase from 2015. 
Production for the full year was 1,978 mboe per day, a slight increase from 2015.
Our reserve-replacement ratio (RRR) was 93%. 
Our reserve-replacement ratio (RRR) was 93%.
“High value, low carbon” is at the core of our sharpened strategy, which sets clear principles for the development of a distinct and competitive portfolio. 
“High value, low carbon” is at the core of our sharpened strategy, which sets clear principles for the development of a distinct and competitive portfolio.
We believe the winners in the energy transition will be those who can deliver at low cost and with low carbon emissions. 
We believe the winners in the energy transition will be those who can deliver at low cost and with low carbon emissions.
We intend to be part of this transformation, and our Climate roadmap explains how we plan to achieve this and how we will capture business opportunities in the transition to a low-carbon economy. 
We intend to be part of this transformation, and our Climate roadmap explains how we plan to achieve this and how we will capture business opportunities in the transition to a low-carbon economy.
Annual Report and form 20-F 2016 PDF 10 MB 
Annual Report and form 20-F 2016 PDF 10 MB
Sustainability report 2016 
Sustainability report 2016
Årsrapport, 2016 PDF 12 MB 
Årsrapport, 2016 PDF 12 MB
Order printed reports (2016) 
Order printed reports
FORM 20F PDF 5 MB 
FORM 20F PDF 5 MB
STATUTORY REPORT PDF 3 MB 
STATUTORY REPORT PDF 3 MB
ÅRSRAPPORT PDF 3 MB 
ÅRSRAPPORT PDF 3 MB
All downloads 2015 
All downloads 2015
FORM 20F PDF 8 MB 
FORM 20F PDF 8 MB
STATUTORY REPORT PDF 5 MB 
STATUTORY REPORT PDF 5 MB
ÅRSRAPPORT PDF 5 MB 
ÅRSRAPPORT PDF 5 MB
All downloads 2014 
All downloads 2014
Earlier reports 
Earlier reports
Annual reports dating back to 1972 are available for download from our archive. 
Annual reports dating back to 1972 are available for download from our archive.
Annual Reports 1972—2016 
Annual Reports 1972—2016
Statoil Forsikring Annual Reports 
Statoil Forsikring årsrapporter
Whom to contact in Investor Relations in Statoil 
Whom to contact in Investor Relations in Statoil
For specific enquiries that must be addressed to our Investor Relations department, please call +47 51990000 or send e-mail to irpost@statoil.com. 
For specific enquiries that must be addressed to our Investor Relations department, please call +47 51990000 or send e-mail to irpost@statoil.com.
For all other enquiries, please contact your local Statoil office or our general enquiry line. 
For all other enquiries, please contact your local Statoil office or our general enquiry line.
Peter Hutton Senior vice president Statoil, Norway Investor Relations 
Peter Hutton Senior vice president Statoil, Norway Investor Relations
phutt@statoil.com +44 7881 918 792 
phutt@statoil.com +44 7881 918 792
Lars Valdresbråten IR Officer Statoil, Norway Investor Relations 
Lars Valdresbråten IR Officer Statoil, Norway Investor Relations
lava@statoil.com +47 402 81 789 
lava@statoil.com +47 402 81 789
Ieva Ozola IR Officer Statoil, USA Investor Relations 
Ieva Ozola IR Officer Statoil, USA Investor Relations
ioz@statoil.com +1 281 730 6014 
ioz@statoil.com +1 281 730 6014
Erik Gonder IR Officer Statoil, Norway Investor Relations 
Erik Gonder IR Officer Statoil, Norway Investor Relations
ergon@statoil.com +47 995 62 611 
ergon@statoil.com +47 995 62 611
Marius Javier Sandnes Senior consultant Statoil, Norway Investor Relations 
Marius Javier Sandnes Senior consultant Statoil, Norway Investor Relations
mjsan@statoil.com +47 901 55 093 
mjsan@statoil.com +47 901 55 093
Anca Jalba IR Officer Statoil, Norway Investor Relations 
Anca Jalba IR Officer Statoil, Norway Investor Relations
ancj@statoil.com +47 410 87 988 
ancj@statoil.com +47 410 87 988
Morten Sven Johannessen Vice president Statoil, USA Investor Relations 
Morten Sven Johannessen Vice president Statoil, USA Investor Relations
mosvejo@statoil.com +1 203 570 2524 
mosvejo@statoil.com +1 203 570 2524
Information for analysts 
Information for analysts
These numbers become a proxy for the market's expectations of our results. 
These numbers become a proxy for the market's expectations of our results.
Historical production XLSX 834 KB 
Historical production XLSX 834 KB
Turnarounds 
Turnarounds
Sustainability data tables 
Sustainability data tables
Consensus 
Consensus
Analysts following us 
Analysts following us
Internal gas price 
Internal gas price
Our debt and credit ratings 
Our debt and credit ratings
For a complete background on our debt and credit ratings, please follow the link below. 
For a complete background on our debt and credit ratings, please follow the link below.
The page contains full information on our 
The page contains full information on our
debt strategy, debt programmes, bond issues, maturity profile, financial ratios, credit facilities and credit ratings. 
debt strategy, debt programmes, bond issues, maturity profile, financial ratios, credit facilities and credit ratings.
Our contacts are found below. 
Our contacts are found below.
Our registrar 
Our registrar
Statoil has appointed DNB Bank ASA as its registrar: 
Statoil has appointed DNB Bank ASA as its registrar:
DNB Bank ASA Verdipapirservice Dronning Eufemias gate 30, Bygg M-10S N-0191 Oslo Norway 
DNB Bank ASA Verdipapirservice Dronning Eufemias gate 30, Bygg M-10S N-0191 Oslo Norway
kua@dnb.no +47 23 26 80 21 
kua@dnb.no +47 23 26 80 21
After our partial privatisation in 2001, Statoil was listed on the Oslo and New York stock exchanges, ensuring broad international ownership. 
After our partial privatisation in 2001, Statoil was listed on the Oslo and New York stock exchanges, ensuring broad international ownership.
Geographic distribution of shareholders 
Geographic distribution of shareholders
Free float breakdown 
Free float breakdown
The Norwegian State 
The Norwegian State
*All figures from Annual report unless otherwise stated 
*All figures from Annual report unless otherwise stated
Shareholders may also cast their vote electronically in a period before the general meeting. 
Aksjonærene kan også avgi elektronisk forhåndsstemme i en periode før generalforsamlingen.
Statoil’s Articles of Association and the Norwegian Public Limited Liability Companies Act stipulate the General Meeting’s role and mandate. 
Statoils vedtekter og Allmennaksjeloven regulerer generalforsamlingens rolle og mandat.
Pursuant to the company’s Articles of Association, an Annual General Meeting must be held by the end of June each year. 
I henhold til Statoils vedtekter skal generalforsamlingen holdes innen utgangen av juni hvert år.
All our previous Annual General Meetings are documented in the table further down the page. 
Alle våre tidligere generalforsamlinger er dokumentert i tabellen lenger ned på siden.
The Annual General Meeting was held on Thursday 11 May 2017 
Generalforsamlingen ble avholdt torsdag 11. mai 2017
AGM 2017 
GENERALFORSAMLING 2017
Archive of previous Annual General Meetings 
Arkiv over tidligere generalforsamlinger
Archive & APPENDICES 
Arkiv og appendiks
(n/a) 
(n/a)
2007 extra 
2007 extra
Statoil encourages all shareholders to register for electronic reception of the notice of the General Meeting. 
Statoil oppfordrer alle til å registrere seg for elektronisk mottak av innkalling til generalforsamling.
Electronic registration will reduce the environmental effects as well as the company’s costs, and it will be a simplification for the shareholders. 
Elektronisk registrering bidrar til å spare miljøet og redusere selskapets kostnader, i tillegg til at det er en forenkling for aksjonærene.
Enter “Investor services,” either through your online bank, or the home page of the bank/broker in which you have registered your VPS account. 
Gå inn på "investortjenester", enten gjennom nettbank eller hjemmesiden til banken/megleren du har din VPS-konto hos.
The additional services you can order and the services you have ordered are listed in a table. 
De tilleggstjenestene du kan bestille, og tjenestene du har bestilt er satt opp i en tabell.
Choose “Electronic corporate messages” and check “I wish to receive notification of change, notice of general meeting, Stock”. 
Velg "Elektroniske selskapsmeldinger" og kryss av for "Jeg ønsker å motta meldinger, innkallinger og informasjon elektronisk, Aksjer"
Following this, the share saving plan has 10,301,895 shares. 
Etter viderefordeling har aksjespareprogrammet 10.301.895 aksjer.
Statoil has entered into an agreement with BP regarding participation in the drilling of an exploration well in Walker Ridge block 544 on the Tucker prospect. 
Statoil har inngått en avtale med BP om deltakelse i en letebrønn i Walker Ridge blokk 544 på Tucker-prospektet.
Drilling of the well, which is operated by BP, has started. 
Boringen av brønnen, som er operert av BP, er påbegynt.
Statoil has a 20 per cent interest in the prospect. 
Statoils andel i prospektet er 20 prosent.
On the Grand Cayman prospect, Statoil has agreed to participate with the Kerr-McGee Oil & Gas Corporation and Newfield Exploration Company on the drilling of a well in Garden Banks block 561. 
Med olje- og gasselskapene Kerr-McGee og Newfield har Statoil signert kontrakt om boring av en brønn i Garden Banks blokk 561 på Grand Cayman-prospektet.
Statoil will have a 25 per cent interest in the well, which is operated by Kerr-McGee and due to be spudded in July. 
Statoil har 25 prosent andel i brønnen, som er operert av Kerr-McGee.
Drilling has already commenced. 
Boringen er i gang.
The blocks cover an area of 5,665 square kilometres. 
Blokkene dekker et område på 5665 kvadratkilometer.
Statoil has signed participation agreements for exploration drilling on three prospects in the Gulf of Mexico. 
Statoil har inngått avtaler om samarbeid om leting i tre prospekter i Mexicogolfen.
Møkster Safety is a subsidiary of Stavanger company Simon Møkster Shipping. 
Møkster Safety er et datterselskap av Stavanger-rederiet Simon Møkster Rederi.
The agreements cover two identical vessels, both newbuildings. 
Avtalene omfatter to identiske fartøy, begge nybygg.
One will be a standby vessel for the Tampen area in the North Sea and is due to be delivered in February 2008. 
Ett av fartøyene skal gå inn som områdeberedskapsfartøy på Tampen-området i Nordsjøen, det leveres i februar 2008.
The other, to be delivered in October 2008, will be used as a relief vessel in the Exploration & Production Norway (UPN) pool. 
Dette skipet skal etter planen leveres i oktober 2008.
The standby ship which is going to Tampen will replace the two vessels currently used for emergency response, saving the Tampen licences NOK 50 million per year. 
Beredskapsfartøyet som skal til Tampen erstatter to skip i dagens beredskap, og det betyr at Tampen-lisensene sparer 50 millioner kroner i året.
"With this ultra-modern vessel, we are strengthening both emergency response and safety," comments Lars Christian Bacher, senior vice president for the Tampen business cluster. 
– Med dette topp moderne fartøyet styrker vi beredskapen og sikkerheten, kommenterer Lars Christian Bacher, direktør for Tampen-området.
"On Tampen we regard all resource units and licences as one and the same licence. 
– På Tampen ser vi på alle ressursenheter og lisenser som én og samme lisens.
This has been a crucial factor in our decision to take in the new vessel." 
Det har vært en avgjørende årsak til at vi får inn det nye fartøyet, legger han til.
The new ships have been designed by consultant Vik & Sandvik. 
De nye beredskapsfartøyene er designet av selskapet Vik & Sandvik.
They represent a further development of the Stril Poseidon, which is the standby vessel Statoil uses in the Halten Bank area. 
Skipene er en videreutvikling av Stril Poseidon, som er områdeberedskapsfartøy for Statoil på Haltenbanken.
The vessels will be more useable and robust than the boats they are replacing. 
Fartøyene blir mer anvendelige og robuste enn båtene de erstatter.
A particular difference between these and other standby ships is their ability to pull lifeboats directly on board in extreme weather conditions via a special stern slipway. 
De skiller seg særlig ut fra andre beredskapsskip ved at de under vanskelige værforhold kan trekke livbåt direkte om bord gjennom en spesiell slipp akterut.
The vessels' man overboard (MOB) boats are normally launched and retrieved through this slipway. 
Til vanlig skal skipenes mann over bord-båt (MOB-båt) bli satt ut og tatt opp gjennom denne slippen.
Other facilities include a sick bay and a helideck which makes it possible to secure rapid medical assistance as well as to evacuate people from the vessel if necessary. 
I tillegg til sykestue er skipene utstyrt med helikopterdekk som gjør det mulig å få rask medisinsk assistanse, samt mulighet for å evakuere folk fra fartøyene.
Both agreements will run for a 10-year period, with five one-year extension options. 
Begge avtalene gjelder for en periode på 10 år, med opsjoner på fem ganger ett år.
The shipyard has not yet disclosed where the vessels will be built, but confirms that it is a Norwegian shipyard that has got the job. 
Rederiet har foreløpig ikke gått ut med informasjon om hvor fartøyene skal bygges, men bekrefter at det er et norsk verft som får oppdraget.
In this hall, supplier FMC Kongsberg and its subcontractors have been able to try out all the operations that are to be carried out this summer, using remote-controlled subsea equipment at a depth of 850 metres. 
I denne hallen har leverandøren FMC Kongsberg og underleverandørene fått testet ut alle operasjonene som i sommer skal utføres med fjernstyrt undervannsvannsutstyr på 850 meters dyp.
"Many people ask if such extensive testing is necessary, but we have found that the thorough preparations have revealed surprises, which we will now avoid encountering out at sea. 
– Mange spør om det nødvendig med så omfattende testing, men vi opplever at de grundige forberedelsene har avdekket overraskelser som vi slipper å møte ute på havet.
In that way, the costs of testing have already paid off many times over," says engineer Per Magne Almdahl. 
Dermed har utgiftene til testing betalt seg mange ganger allerede, sier ingeniør Per Magne Almdahl.
He is responsible for following up the testing at the Grenland Group on behalf of Hydro. 
Han har ansvaret for Hydros oppfølging av uttestingen hos Grenland Group.
Hall C is dominated by a 35-metre long and 30-metre wide terminal that is used to connect the production pipes running into the land-based facility at Nyhamna with two templates on the sea bed. 
Hall C domineres av en 35 meter lang og 30 meter bred endestasjon som brukes til å forbinde produksjonsrørene inn til landanlegget på Nyhamna med to brønnrammer på havbunnen.
The terminal is a so-called PLET - Pipeline End Termination. 
Stasjonen er en såkalt PLET – Pipeline End Termination.
The PLET system in Hall C is a replica, which is solely to be used during testing. 
PLET-stasjonen i Hall C er en replika som utelukkende brukes under testingen.
The system that will actually connect the 30-inch pipes from Nyhamna to the production equipment on the sea bed was already installed in the field last August. 
Stasjonen som faktisk skal sammenkoble 30 tommers rørene til Nyhamna med produksjonsutstyret på havbunnen, ble installert på feltet allerede i august i fjor.
"The replica is identical to the system on the sea bed, and here we are able to test that all the modules really can be assembled correctly," says engineer Øivind Leon Eriksen. 
– Replikaen er identisk med stasjonen som står på havbunnen, og her kan vi teste at alle moduler virkelig kan monteres greit på plass, sier ingeniør Øivind Leon Eriksen.
Together with Almdahl, he has followed up the testing on Hydro's behalf. 
Han har sammen med Almdahl fulgt opp testingen på Hydros vegne.
This includes, for instance, two huge valve modules that each weigh 130 tonnes, and are to be mounted on the PLET system. 
Det gjelder for eksempel to store ventilmoduler som veier 130 tonn hver og skal monteres på PLET-stasjonen.
"In this work, it's actually important to have a negative attitude - all the time you have to base your work on what's the worst thing that can happen, and prepare the processes accordingly. 
– I dette arbeidet er det faktisk viktig å ha en negativ innstilling – du må hele veien jobbe ut fra at det verste kan skje og forberede prosessene deretter.