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

December 15, 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 December 15, 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 10 December 2014 for use in the group's share saving plan have on 12 December 2014 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 10,155,249 shares.

As participants in the share saving plan, the primary insiders below have been allocated shares.

Name

Allocated shares

New share holding

Average share price

Anfinnsen, Tor Martin

 230 8,747 NOK 141.32

Bacher, Lars Christian

 718 21,422 NOK 166.47

Bjørn, Benedikte Bettina

 104 589 NOK 166.47

Di Valerio, Ingrid Elisabeth

 186 2,241 NOK 166.47

Dodson, Timothy

 619 23,982 NOK 166.47

Gjærum, Reidar

 469 21,677 NOK 166.47

Hilland, Jannicke

 337 11,119 NOK 166.47

Hovden, Magne Andre

 427 9,332 NOK 166.47

Johannessen, Morten Sven

 183 3,531 NOK 160.24

Klouman, Hans Henrik

 678 19,861 NOK 166.47

Knight, John Nicholas

 1,204 71,046 NOK 166.47

Kvelvane, Ørjan

 276 2,480 NOK 166.47

Mathieu, Philippe François

 265 7,049 NOK 160.24

Reitan, Torgrim

 570 24,030 NOK 166.47

Skeie, Svein

 558 18,167 NOK 166.47

Sætre, Eldar

 497 29,163 NOK 166.47

Øvrum, Margareth

 845 37,284 NOK 166.47

As participant in the Statoil US Employee Share Savings plan, the Statoil ASA primary-insider Mr. William Maloney has been allocated shares on 12 December 2014, at an average price of USD 27.24:

Name

Allocated shares*

New share holding*

Maloney, William

811.354262

43,700.130286

*American Depositary Receipts (ADR)

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: December 15, 2014

By:

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