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Statoil presents strong 2017 results

The Norwegian oil major's revenue grew significantly in 2017, and so did the bottom line, which has now returned to the black.

Photo: PR-foto: Statoil

Oil major Statoil has presented strong results for the full-year 2017.

The Norwegian company booked revenue of USD 61.1 billion, up from USD 45.8 billion. The increase in revenue rubbed off on the operating result which grew from USD 80 million to USD 13.7 billion.

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