Last $18.81 USD
Change Today -0.11 / -0.58%
Volume 1.6M
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As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Forusbeen 50

Stavanger, 4035

Norway

Phone: 47 51 99 00 00

Fax: 47 51 99 00 50

s fields. Processing: The company is the technical services provider for the operation, maintenance and further development of large parts of the gas infrastructure on the NCS on behalf of the operator Gassco. Kollsnes gas processing plant: The company is the technical services provider for the operation, maintenance and further development of the Kollsnes gas processing plant on behalf of the operator Gassco. Kårstø gas processing plant: The company is the technical services provider for the operation, maintenance and further development of the Kårstø gas processing plant on behalf of the operator Gassco. Crude oil, liquids and products (CLP): CLP adds value through the sale of the group's and the SDFI production of crude oil and natural gas liquids. CLP is responsible for the group's transportation, marketing and trading of crude oil, natural gas liquids and refined products, including methanol. CLP is also responsible for the commercial operation of the two refineries at Mongstad, Norway and Kalundborg, Denmark, and for the commercial operation of the crude oil terminals at Mongstad, Norway and at South Riding Point, Bahamas. In addition, CLP is responsible for managing Statoil's asset ownership in gathering and processing of Eagle Ford shale gas and Bakken shale oil. In 2013, CLP sold 635 million barrels of crude oil and condensate, approximately 25 million tonnes of refined oil products and 15 million tonnes of natural gas liquids (NGL). Marketing and Trading: The company operates from sales offices in Stavanger, Oslo, London, Singapore, Stamford and Calgary and additionally markets and trades crude oil, condensate, NGL and refined products. The company markets its own volumes and the Norwegian state's direct financial interest (SDFI) equity production of crude oil and NGL, in addition to third-party volumes. In 2013, MPR sold 635 million barrels of crude and condensate, including supplies to the company’s own refineries, and 174 million barrels of NGL volumes. The main crude oil market for Statoil is north-west Europe. In addition, volumes are sold to North America and Asia. The CLP business cluster is responsible for optimising commercial utilisation of the crude terminal located at Mongstad and the South Riding Point crude oil terminal in the Bahamas. In addition, the company markets equity crude oil, condensate and NGL production from Statoil's unconventional assets in North America. They include the Alberta oil sands, Bakken, Eagle Ford, and Marcellus. Terminals and Storage: The company operates the Mongstad terminal and shares ownership of it with Petoro. The company also holds the lease for the South Riding Point crude oil terminal in the Bahamas, which includes crude oil storage and blending, as well as loading and unloading facilities. South Riding Point: The terminal, which is located on Grand Bahamas Island, consists of two shipping berths and ten storage tanks of crude oil. The terminal has been upgraded to also enable the blending of crude oils, including heavy oils. Mongstad terminal: The company operates the Mongstad terminal, which has a storage capacity of 9.4 million barrels of crude oil. The company has an ownership interest of 65%. Processing and Manufacturing: The Processing and manufacturing business cluster is responsible for the operation of all of Statoil's onshore facilities in Norway and Denmark except for Snøhvit related facilities. This includes the refineries at Mongstad and Kalundborg, the methanol production plant at Tjeldbergodden and the gas processing plants at Kårstø and Kollsnes. Mongstad: The company is in 2013 the majority owner (79%) and operator of the Mongstad refinery in Norway, which has a crude oil and condensate distillation capacity of 240,000 barrels per day. The Mongstad refinery is linked to offshore fields, the Sture crude oil terminal and the Kollsnes gas processing plant, making it an attractive site for landing and processing of hydrocarbons. The company owns 65% of the crude terminal. It owns 34% of Vestprosess, which transports and processes NGL and condensate. The Vestprosess pipeline connects the Kollsnes and Sture pla

 

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