Changes in Statoil's reporting segments effective from 1 January 2011
- Development and Production Norway
- Development and Production International
- Marketing, Processing and Renewable Energy
- Fuel & Retail
The reporting segments Development and Production Norway and Development and Production International are unchanged compared to the former segment results reported. The former business areas Manufacturing & Marketing, Natural Gas and the New Energy unit of the former Technology and New Energy, are merged into a new business area for Marketing, Processing and Renewable Energy. Fuel & Retail is presented as a separate reporting segment from 4th quarter 2010, following the listing of Statoil Fuel & Retail.
Segment data for the quarters in 2010 and full year are presented attached. Quarterly segment data for Fuel & Retail are not available since this information is not disclosed by Statoil Fuel & Retail.
Hilde Merete Nafstad, senior vice president, Investor relations,
Tel: +47 957 83 911 (mobil)
Morten Sven Johannessen, vice president, Investor relations USA,
Tel: + 1 203 570 2524 (mobil)
Jannik Lindbæk jr., vice president for media relations,
Tel: +47 97 75 56 22
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)