Oil & Gas State ups its stake in energy giantTHE Norwegian government is increasing its ownership of StatoilHydro from 62.5% to 67% - at a cost of about $4billion. April 7th 2008, 12:05 am 1 min read Facebook An icon of a facebook f logo. LinkedIn An icon of the LinkedIn logo. Twitter An icon of the Twitter logo. THE Norwegian government is increasing its ownership of StatoilHydro from 62.5% to 67% - at a cost of about $4billion.