Statoil: Execution of debt capital market transactions

STAVANGER, Norway, Nov. 6, 2013 (GLOBE NEWSWIRE) --

On Tuesday November 5, 2013 Statoil ASA (OSE:STL, NYSE:STO), guaranteed by
Statoil Petroleum AS, executed the following debt capital market transactions:

  * Issue of USD 750,000,000 1.950% Notes due November 8, 2018
  * Issue of USD 750,000,000 Floating Rate Notes due November 8, 2018
  * Issue of USD 750,000,000 2.900% Notes due November 8, 2020
  * Issue of USD 1,000,000,000 3.700% Notes due March 1, 2024
  * Issue of USD 750,000,000 4.800% Notes due November 8, 2043

The net proceeds from the issue of the Notes will be used for general corporate
purposes which may include  repayment or purchase of existing debt or other
purposes described in the prospectus supplement for these issues of Notes. The
transactions will increase the financial flexibility of the company.

The Notes have been fully subscribed. The settlement date is November 8, 2013.

Any public offering in the United States is being made solely by means of a
prospectus supplement to the prospectus included in the Registration Statement
filed by Statoil ASA and Statoil Petroleum AS and previously declared effective.

Further information from:

Investor relations:
Hilde Merete Nafstad, Senior vice president,
+47 957 83911

Morten Sven Johannessen, VP Investor Relations USA,
+1 2039786950 / +1 2035702524

Press:
Fredrik Norman, media relations,
+47 918 66567

Finance:
Tron Vormeland, Vice president, Corporate financing,
+47 905 40135 (mobile), +47 51 99 42 97 (office)

.....................

This announcement does not constitute an offer to sell or the solicitation of an
offer to buy any securities of Statoil ASA nor shall there be any sale of these
securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities laws of
such jurisdiction.

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


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