| Financial Summary | | Statoil
ASA
is
the
largest
integrated
oil
and
gas
company
in
Scandanavia,
producing
oil
and
gas
from
the
Norwegian
Continental
Shelf
and
other
regions,
and
has
a
50%
interest
in
a
retail
gasoline
business.
For
the
three
months
ended
3/31/01,
revenues
fell
7%
to
NOK50.84
billion.
Net
income
rose
20%
to
NOK4.33
billion.
Results
reflect
reduced
revenues
from
the
Manufacturing
and
Marketing
segment,
offset
by
higher
margins
due
to
reduced
purchases
of
royalty
oil. | More
from
Market Guide: Significant
Developments |
| Officers | | Ole
Lund,
Chmn. Olav
Fjell,
Pres./CEO Inge
K. Hansen,
Exec. VP/CFO Henrik
Carlsen,
Exec. VP Richard
John
Hubbard,
Exec. VP. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|