Executing the strategy Strong financial results Production growth as expected Continuing the exploration success Two high impact discoveries Streamlining our portfolio Closing SFR and Centrica transactions 2
Growing production as expected Production increase by 17 % Equity production mboe/d from 2Q 2011 Strong gas production Ramping up international production 3
Strong financial results Increased production 2Q 2012 NOK bn of oil and gas 26.6 62.0 (16.2) 45.8 (34.3) 11.5 Realised value from (2%) 2% 5% (10.8%) portfolio optimisation Exploration charges 2Q 2011 NOK bn 27.1 61.0 (17.3)…
Adjusted earnings by segment NOK bn 2Q 2012 2Q 2011 Adjusted earnings Adjusted earnings Business area pre tax after tax pre tax after tax D&P Norway 39.0 9.7 37.0 9.3 International D&P 3.3 1.2 5.9 3.1 Marketing, Processing &…
Cash flow from underlying operations YTD 2012 Cash flow from underlying operations Taxes paid Cash flows 137 1) (54) from sale of Cash flows assets and to organic business investments 29 2) (55) Dividend paid (21) 1)…
Outlook 2012 Organic capex of around USD 18 billion Exploration activity at around USD 3.5 billion 45 wells in 2012 20 high impact wells 2012-14 Around 3 per cent CAGR in production 2010-2012 Maintenance 3Q: 110 000 boed Full…
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Supplementary Information Items impacting net operating income 10 Indicative PSA effect 20 Tax rate reconciliation 11 Reconciliation of adjusted earnings to net operating income 21 Net financial items 12 Forward looking statements…
Items impacting net operating income Q2 (NOK billions) 2Q 2012 2Q 2011 Before tax After tax Before tax After tax 0.7 0.2 (2.1) (2.1) Impairments DPN 0.6 0.1 0.0 0.0 DPI 0.0 0.0 (2.2) (2.2) MPR 0.1 0.1 0.1 0.1 0.2 (0.2) (6.3)…
Net Financial Items 2Q 2012 Interest income and Net foreign exchange Interest and other Net financial items other financial items gains/losses net finance expenses 2Q 12 (2.5) NOK bn. (3.4) 0.6 0.3 12
Development in Net Debt to Capital Employed Net financial liabilities Net debt to capital employed* NOK bn. 90.0 30% 76.5 77.4 76.0 28% 26% 60.0 20% 21% ** 50.0** 15%** 8.3 41.7 43.5 2% ** 30.0 13% 13% 10% 0.0 0% 2009…
Long Term Debt Portfolio Redemption profile 30.06.2012 low refinancing risk 14
MPR 2Q 2012 Adjusted Earnings Break-down NOK bn Summary 3.9 Natural gas processing, marketing and trading achieved higher margins from gas sales due to higher prices and volumes. In addition, trading activities contributed…
DPN 2Q 2012 Statoil Equity Production per Field Statoil-operated Statoil Produced volumes Partner-operated Statoil Produced volumes 1000 boed share Liquids Gas Total 1000 boed share Liquids Gas Total Alve 85.00 % 6.6 7.3 13.9 Ekofisk…
DPI & DPNA 2Q 2012 Statoil Equity Production per Field Statoil Produced volumes Statoil Produced volumes 1000 boed share Liquids Gas Total 1000 boed share Liquids Gas Total Kizomba Satellites Phase 1 13.33 % 3.5 3.5 Marcellus* 32.50 %…
Exploration Statoil group Exploration 2012 YTD Exploration Expenses Second quarter Full year (in NOK billion) 2012 2011 2011 Exploration Expenditure (Activity) 5.1 3.9 18.8 Capitalized Exploration -0.6 -1.6 -6.4 From Previous Years 0.7…
Indicative PSA Effects Indicative PSA effect (mmboe/d) Assumed oil price 2012 PSA effects in 2012 is expected 0.26 to be slightly lower than in 2011 for comparable prices 0.24 Around 65% of the international equity production in…
Reconciliation of Adjusted Earnings to Net Operating Income Item s im pacting net operating incom e Second quarter First half (in NOK billion) 2012 2011 2012 2011 Net operating incom e 62.0 61.0 119.9 111.8 Total revenues and other…
Investor Relations in Statoil Investor Relations Europe Hilde Merete Nafstad Senior Vice President hnafstatoil.com +47 95 78 39 11 Lars Valdresbrten IR Officer lavastatoil.com +47 40 28 17 89 Jesper Brs-Lind IR Officer jeblstatoil.com…
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