European Gas and Oil market

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Unformatted text preview: am related activities of exploration, development and production operations outside Norway. The Natural Gas division transports, processes and markets oil and gas to European destinations. The Manufacturing and Marketing division comprises downstream activities including sales and trading of crude oil, LNG and petroleum products, refining, methanol production, retail and industrial marketing of oil. The company has proven reserves of over 6 billion barrels of oil equivalent. StatoilHydro Venture is a venture capital investment arm of StatoilHydro ASA speing in start-up investments. It primarily invests in technology companies with a focus on oil and gas, and new energies. Within oil and gas, the firm focuses on exploration, reservoir management, gas chain technology, sub-sea field development, and environmental technologies. Its investment in new energy includes biofuels, solar, marine renewables (wave/tidal), wind, geothermal, hydrogen production and storage, energy efficiency technologies, and CO2 capture and storage....
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This document was uploaded on 03/30/2014.

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