STAVANGER, Norway, Nov. 16, 2015 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE: STL, NYSE:STO), DNB has on 13 November 2015 purchased 717,182 shares for use in the group's Share saving plan.

The shares have been acquired at a price of NOK 129.88 per share.

Before distribution to the employees, the Share saving plan has 11,053,613 shares.

This information is subject to 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