Annual general meeting 2015
Eldar Sætre President and CEO 2
Oil price volatility is the name of the game 160 Peregrino Gudrun 140 120 Gjøa Snøhvit Statfjord 100 Valemon 80 Tor Gullfaks Fram Glitne 60 Brage Ekofisk 40 20 0 1970 1973 1976 1979 1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015
2014 | Strong operational performance Four percent production growth Solid adjusted earnings Safety improvements Serious incident frequency 1) mmboe/d 2) NOK bn. 193 2,1 180 200 1,6 1.4 163 2.00 143 1.1 136 2,0 1.96 150 1,2 1.0 1.94 1.93 0.8 1.89 0,8 1,9 0.6 100 0,4 1,8 50 1.85 0 1,7 0 3) 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 1) Number of serious incidents per million working hours 2) Million barrels of oil equivalents per day 3) 2013 Rebased production of 1.85 mmboe/d
Two key challenges in our operating environment Competitiveness Climate
Three priorities as our strategic response Extend our Grow material and profitable Accelerate the transition NCS position international positions to a low carbon society
Annual general meeting 2015 www.statoil.com 7
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