Changes in Statoil's reporting segments effective from 1 January 2011
(Thomson Reuters ONE) -
Effective from 1 January 2011, Statoil (OSE:STL, NYSE:STO) reports its business
through the following reporting segments:
* Development and Production Norway
* Development and Production International
* Marketing, Processing and Renewable Energy
* Fuel & Retail
* Other
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.
Contacts:
Investor relations
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)
Press
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)
Marketing Processing and Renewable energy:
http://hugin.info/132799/R/1504290/439219.pdf
Segments 2010:
http://hugin.info/132799/R/1504290/439220.pdf
Development and Production Norway:
http://hugin.info/132799/R/1504290/439218.pdf
Development and Production International :
http://hugin.info/132799/R/1504290/439217.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Statoil via Thomson Reuters ONE
[HUG#1504290]
Unternehmensinformation / Kurzprofil:
Datum: 07.04.2011 - 09:15 Uhr
Sprache: Deutsch
News-ID 53268
Anzahl Zeichen: 2589
contact information:
Town:
Stavanger
Kategorie:
Business News
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"Changes in Statoil's reporting segments effective from 1 January 2011"
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