UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

January 17, 2014
Commission File Number 1-15200

Statoil ASA

(Translation of registrant’s name into English)
FORUSBEEN 50, N-4035, STAVANGER, NORWAY
(Address of principal executive offices )

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F   X      Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):           
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):           

This Report on Form 6-K contains a press release issued by Statoil ASA on January 17, 2014, entitled " Statoil’s share saving plan allocates shares ".

Statoil’s share saving plan allocates shares

The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 January 2014 for use in the group's share saving plan have on 17 January 2014 been distributed to the employees in
accordance with their savings amount. In addition, bonus shares have been allocated based on participation in the program in 2011.

Following this, the share saving plan has 7,282,552 shares.

As participants in the share saving plan, the primary insiders below have been allocated bonus shares in accordance with their saving plan in 2011, at a price of NOK 152.91 per share.

Name

Allocated shares

New share holding

Adams, Robert

727

10,084

Bacher, Lars Christian

1,021

19,229

Bjørn, Benedikte Bettina

141

1,233

Di Valerio, Ingrid Elisabeth

184

1,962

Dodson, Timothy

911

20,754

Gjærum, Reidar

759

19,717

Klouman, Hans Henrik

1,109

16,439

Knight, John Nicholas

1,787

53,136

Kvelvane, Ørjan

356

2,065

Lund, Helge

442

61,593

Reitan, Torgrim

693

20,994

Skeie, Svein

752

16,305

Øvrum, Margareth

1,204

33,531

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

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

STATOIL ASA
(Registrant)
 

Dated: January 17, 2014

By:

___/s/ Torgrim Reitan
Name: Torgrim Reitan
Title:     Chief Financial Officer