2012-11-15 08:07:53 -

STAVANGER, NORWAY -- (Marketwire) -- 11/15/12 -- On Wednesday November 14, 2012, Statoil
ASA (OSE:STL, NYSE:STO), guaranteed by
Statoil Petroleum AS, executed the following debt capital market
transactions:



* Issue of USD 600,000,000 1.200% Notes due January17, 2018



* Issue of USD 1,100,000,000 2.450% Notes due January 17, 2023



* Issue of USD 300,000,000 4.250% Notes due November 23, 2041 (Re-offer
yield:
3.622%)





The 4.250% Notes due 2041 to be issued represent a reopening of the 4.250%
Notes
due 2041 that were issued by Statoil ASA on November 23, 2011.



The net proceeds from the issue of the Notes will be used for general
corporate
purposes which may include the redemption of Statoil's $500,000,000
aggregate
principal amount 5 1/8% Notes due 2014 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 21,
2012.



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.



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 acc. to §5-
12 vphl
(Norwegian Securities Trading Act)



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:



(i) the releases contained herein are protected by copyright and
other applicable laws; and



(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.



Source: Statoil via Thomson Reuters ONE



[HUG#1658229]




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)