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StatoilHydro changes name to Statoil - PHOTO

StatoilHydro changes name to Statoil - <font color=red>PHOTO</font>

02 November 2009 08:08 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. StatoilHydro ASA is changing its name to Statoil ASA with effect from today, and simultaneously adopting its new visual identity.
The group is taking the opportunity to clarify its future ambitions and strategy. Its almost 30,000 employees will be giving the new vision and identity a content through various activities in the time to come.
Chief executive Helge Lund will be leading a global town hall meeting on Monday 2 November which can be followed simultaneously by all employees from Beijing to Calgary.
The new visual identity is based on a constellation of stars seen against the Nordic heavens, which has been refined to a lodestar as Statoilâ€™s new symbol.
This star represents the groupâ€™s history, pioneering spirit and ambition to be a leader in efforts to find better solutions for meeting growing energy requirements in a responsible way.
Its configuration as a three-dimensional object is motivated by Statoilâ€™s strong technological history and strategy.
Tests show that the star evokes a wide range of associations, from innovation and dynamism to drill bits and wind turbines. This fits well with the groupâ€™s business today and tomorrow.
The colour chosen for the new logotype is magenta, which can clearly be seen in the Nordic evening sky. It will also help to give Statoil a distinctive identity and visibility in the global market.

Note to Editors
Statoil is an international energy company with operations in 40 countries. Building on more than 35 years of experience from oil and gas production on the Norwegian continental shelf, Statoil is committed to accommodating the worldâ€™s energy needs in a responsible manner, applying technology and creating innovative business solutions. Statoil is headquartered in Norway with 30,000 employees worldwide, and is listed on the New York and Oslo Stock Exchange.

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