STAVANGER, Norway, Aug. 18, 2014 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 15 August 2014 purchased 534,089 shares for use in the group`s share saving plan.

The shares have been acquired at a price of NOK 172.63 per share. Before distribution to the employees, the share saving plan has 9,322,907 shares.

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

CONTACT: Hilde Merete Nafstad, SVP  Investor Relations, mbl +47 95783911          Morten Sven Johannessen, VP Investor Relations USA, mbl +1 203 570 2524