Statoil is an international energy company with operations in 40 countries. Building on more than 35 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Norway with 30,000 employees worldwide, and are listed on the New York and Oslo stock exchanges.
Climate change and a growing demand for clean energy are opening up new business opportunities. Statoil is in a position to seize these opportunities by utilising long-standing core capabilities from the Oil & Gas industry. New renewable energy is one of the most exciting growth areas in the energy market. Statoil is focusing on establishing a position in markets where the company has natural advantages, particularly within offshore wind. Sustainable fuels represent other business opportunities. Statoil will contribute to activity in the production of sustainable biofuels and strengthen the position for long-term growth in producing and delivering hydrogen. Major hydrogen projects in recent years are the Hynor and the Utsira-project.
Published May 18, 2010
This project has received funding from the European Community's Seventh Framework Programme (FP7/2007-2013)for the Fuel Cells and Hydrogen Joint Technology Initiative under grant agreement n° 245262.