Statoil ASA engages in the exploration, production, transport, refine, and market of petroleum and petroleum-derived products. It operates through the following segments: Development and Production Norway; Development and Production International; Marketing, Midstream, and Processing, and Other. The Development and Production Norway segment consists of its exploration, field development, and operational activities on the Norwegian continental shelf. The Development and Production International covers development and production of oil and gas outside the Norwegian continental shelf. The Marketing, Midstream, and Processing segment involves in the marketing, trading, processing, and transporting of crude oil and condensate, natural gas, natural gas liquids, and refined products. The Other segment includes new energy solutions; global strategy and business development; technology; projects and drilling; and corporate staffs and services. The company was founded on September 18, 1972 and is headquartered in Stavanger, Norway.