Statoil ASA operates in the Crude petroleum and natural gas sector. Statoil ASA (Statoil) is an integrated energy company based in Norway with locations in approximately 42 other countries worldwide. The Company is primarily engaged in oil and gas exploration and production activities. As of December 31, 2010, the Company had proved reserves of 2,124 million barrels (mmbbl) of oil and 509 billion cubic meters (bcm) (equivalent to 18 trillion cubic feet (tcf)) of natural gas, corresponding to aggregate proved reserves of 5,325 million barrels of oil equivalent (mmboe). The Company operates in six business segments: Exploration and Production Norway (EPN), International Exploration and Production (INT), Natural Gas (NG), Manufacturing and Marketing (M&M), Fuel and Retail, and Other. In July 2010, Statoil ASA sold its Tampnet subsidiary to HitecVision. In our complete report available for purchase the company is compared to: Oil Company Lukoil (JSC), Repsol-YPF SA and ENI - Ente Nazionale Idrocarburi.