Equinor — Capital/Financing Update 2015

Feb 10, 2015

Statoil: Execution of debt capital market transactions

Statoil: Execution of debt capital market transactions

On Tuesday February 10, 2015 Statoil ASA (OSE:STL, NYSE:STO), guaranteed

by Statoil Petroleum AS, executed the following debt capital market

transactions:

- Issue of EUR 500 000 000  Floating Rate Notes due August 17, 2019

- Issue of EUR 1 000 000 000   0,875% Notes due February 17, 2023

- Issue of EUR 1 250 000 000   1,25% Notes due February 17, 2027

- Issue of EUR 1 000 000 000   1,625% Notes due February 17, 2035

The Notes have been fully subscribed. The settlement date is February 17, 2015.

"Statoil continuously uses the capital markets to secure competitive financing.

We have a strong financial position, enabling us to use the market in a good

way. Today's transaction capitalizes on favorable market conditions and further

increases our financial flexibility, in line with our priorities to deliver high

value growth, increased efficiency and competitive shareholder returns," says

Torgrim Reitan, executive vice president and chief financial officer of Statoil

ASA.

The net proceeds from the issue of the Notes will be used for general corporate

purposes.

All four  issues have been executed under Statoil ASA's USD 16,000,000,000 Euro

Medium Term Note (EMTN) Programme which is listed on the London Stock Exchange.

Further information from:

Investor relations:

Peter Hutton, SVP Investor Relations

+44 7881 918792

Corporate communication:

Lars Erik Lund,

+47 41 33 13 69

Finance:

Fride Seljevold Methi, Vice president, Corporate financing,

+47 95 99 06 59

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

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.

[HUG#1893398]