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Statoil: Notifiable trading

STAVANGER, Norway, Nov. 17, 2014 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 14 November 2014 purchased 616,339 shares for use in the group`s Share saving plan.

The shares have been acquired at a price of NOK 148.94 per share.

Before distribution to the employees, the Share saving plan has 10,156,122 shares.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

HUG#1871918

CONTACT: Hilde Merete Nafstad, SVP Investor Relations, mbl +47 95783911 Morten Sven Johannessen, VP Investor Relations USA, mbl +1 203 570 2524Source:Statoil