STAVANGER, NORWAY--(Marketwire - Mar 22, 2013) - Statoil (OSE:STL, NYSE:STO) published the
group's Annual and Sustainability
Report for 2012 on its website today, 22 March, as well as its US Annual
and accounts on Form 20-F.
"During 2012, Statoil made good operational and strategic performance. We
increased our production by 8% in 2012, in line with the target we
2011, and financial results and cash flows were solid," writes chief
Helge Lund in his introduction to the annual and sustainability report.
Statoil continued its strong exploration performance, adding more than 1.5
billion barrels in new resources in 2012, its best result in more than a
In addition the company secured access to new acreage that will be
the long term development of Statoil.
"Safe, secure and efficient operations remain our key priorities. Over the
years we have made good progress and our strong performance continued in
However, in January 2013 we experienced great sorrow. Five of our esteemed
colleagues lost their lives in the terrorist attack on the In Aménas
facility in Algeria. Our thoughts and sympathies are with everyone affected
this tragedy. Maximising learning from this incident will be a key priority
Statoil in 2013 and beyond," writes Lund.
Statoil's annual report presentation this year features an interactive
which enables users to further analyse the company's performance in a range
dimensions. Our sustainability reporting is also integrated in the report.
reflects our commitment to long-term, sustainable growth in line with the
principles of the UN Global Compact," Lund writes.
The HTML version of the Form 20-F report will be available on the US
and Exchange Commission's website in the Edgar database at www.sec.gov from
16.00 Central European Time (11.00 Eastern Standard Time) today.
The legally required part of the annual and sustainability report will be
available in a printed version on 15 April at the latest, together with the
printed version of Form 20-F and Statoil In Brief 2012/2013.
At that time, the report will be distributed electronically to those
shareholders who have opted to receive the report in this form.
Interested parties can download parts of or the report in its entirety at
www.statoil.com/downloads, while printed versions can be ordered at
This information is subject of the disclosure requirements pursuant to
5-12 of the Norwegian Securities Trading Act.
Annual report 2012 on Form 20-F:
Statutory report 2012:
Statoil In Brief 2012-13:
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Source: Statoil via Thomson Reuters ONE