STAVANGER, Norway, Nov. 16, 2016 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE: STL, NYSE:STO), DNB has on 15 November 2016 purchased 631,197 shares for use in the group's Share saving plan.

The shares have been acquired at a price of NOK 137.83 per share.

Before distribution to the employees, the Share saving plan has 11,216,000 shares.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
CONTACT:Peter Hutton, SVP Investor Relations,mbl: +44 7881 918 792Morten Sven Johannessen, VP Investor Relations USA,mbl +1 203 570 2524