Operating in these EITI implementing countries:
Statoil ASA is a Norwegian oil and gas company with operations in more than 30 countries.
Engagement with the EITI
Statoil represents the National Oil Company (NOC) pillar in the EITI Board. Statoil also supports EITI financially, through in-kind support and through participation in multi-stakeholder groups in some countries.
Active at Board level, currently through alternate Board Member, Carine Smith Ihenacho who is also a Member of the Governance Committee
Statoil has recently finalised the secondment of a senior member of staff, Siri Farstad, to the International Secretariat. All costs were covered by Statoil.
Supports the International Secretariat on an ad hoc basis in connection with international visits to Oslo
Financial contribution to the EITI*
Statoil contributed US $60,000 in 2015.
* The amounts said to be contributed to EITI are figures from the companies. For the audited EITI revenue figures, please consult the EITI financial accounts for that year.
Statoil has disclosed payments to governments and other relevant payments and contextual data on a country-by-country basis, voluntarily since 2007.
Link to 2013 annual report:
Statoil's Statement of Support:
Statoil has supported the Extractive Industries Transparency Initiative (EITI) since its inception, and we respect and promote the EITI principles throughout our operations. The EITI is a coalition of governments, companies, civil society groups, investors and international organisations working together to promote globally developed standards for revenue transparency at the local level. The EITI standard implies that companies report what they pay to governments, and governments disclose receipts of payments. Tax and other relevant payments are reconciled in an EITI country report by an independent third party.
Statoil is a supporting company for the EITI and has represented the national oil company pillar on the EITI Board as an alternate board member. Statoil has operated in the following EITI-implementing countries: Azerbaijan, Indonesia, Kazakhstan, Mozambique, Nigeria, Norway, Tanzania and Iraq (representative office only). In addition to disclosing the requested financial information in these countries, Statoil provided support in-kind to the EITI, including a secondment to the EITI International Secretariat. Statoil is represented in the national EITI multi-stakeholder groups in Norway and Azerbaijan.