Norwegian PM Opens Johan Sverdrup Field
Norway's prime minister Erna Solberg has opened the Johan Sverdrup field center, and the Minister of Petroleum and Energy, Sylvi Listhaug, also attended the opening.Since Equinor…
Equinor Explores Floating Wind Turbines to Power N.Sea Oilfields
Norway's Equinor said on Tuesday it is considering whether to build a pioneering offshore wind farm with floating turbines to supply electricity to two North Sea oilfields as part…
Statoil Achieves Climate Target Two Years Ahead of Schedule
Statoil has already achieved its 2015 target of reducing the CO2 emissions from the Norwegian continental shelf by 1.2 million tonnes annually from 2008 to 2020. The reduction equals…
Statoil: Unclear Whether Common Pattern to Spate of Offshore Incidents
** Nylund says: "We have had many incidents in one short period of time. We don't like that and we take it seriously. ** "We are digging into those incidents. It is serious. We are investigating each and everyone.
Turøy Helicopter Accident Report Published
Statoil’s investigation following the Turøy helicopter accident on 29 April has been finalised, offering conclusions and recommendations for how the company can further improve its helicopter safety work.
Statfjord Passing Historic 5 billion barrels
On Monday, September 19th minister of petroleum and energy Tord Lien together with Statoil, Centrica and ExxonMobil celebrated the 5 billion barrels of oil equivalent delivered by Statfjord since first oil in 1979.
Statoil: Considerable Johan Castberg spin-offs
Statoil’s proposed impact assessment programme for the Johan Castberg project reveals that the project will be important to Norwegian industry and have strong ripple effects. During…
Statoil: Cost Cutting Revives Previously Unprofitable Norway Projects
Norwegian oil major Statoil said on Tuesday it will take a fresh look at projects previously deemed too expensive after successfully launching the Gullfaks Rimfaksdalen gas project…
Statoil to Drill Around Same Number of Wells off Norway
Norway's Statoil will drill about the same number of exploration wells off Norway next year compared with this year, a senior company executive told Reuters on Thursday. "It is about the same level…
Statoil Sets Tougher Goal to Curb CO2 Emissions
Norway's Statoil set a new goal on Wednesday to improve the efficiency of its oil and gas operations by 2020 to help restrict the company's rising carbon dioxide emissions. Statoil…
Statoil Officially Opens Valemon
Petroleum and energy minister Tord Lien is opening the Valemon gas and condensate field in the North Sea today. Expected recoverable reserves from the field are 192 million barrels of oil equivalent.
Statoil: Aibel Wins Johan Sverdrup Contract
Statoil, on behalf of the Johan Sverdrup partnership, will sign a contract with Aibel for the construction of the deck for the drilling platform on the field. The contract is worth in excess of NOK 8 billion.
Aibel Bags Johan Sverdrup Contract
Statoil, on behalf of the Johan Sverdrup partnership, will sign a contract with Aibel today for the construction of the deck for the drilling platform on the field. The contract is worth in excess of NOK 8 billion.
Statoil Awards Johan Sverdrup Jacket Contract
On behalf of the Johan Sverdrup licence partners, Statoil has awarded a contract to Kværner Verdal for delivery of the riser platform jacket for the Johan Sverdrup field. Scheduled for delivery in the summer of 2017…
Valemon on Stream
Today at 08.36 a.m. the Valemon gas and condensate field in the North Sea was brought on stream by Statoil and partners. Recoverable reserves from the field are estimated at 192 million barrels of oil equivalent.
Realising Value to Further Strengthen NCS Portfolio
Statoil ASA farms down in Aasta Hansteen, Asterix and Polarled and exits two assets on the NCS for a consideration of USD 1.3 billion, including contingent payment. Through this…
Statoil Exits Two NCS Assets
Statoil ASA farms down in Aasta Hansteen, Asterix and Polarled and exits two assets on the NCS for a consideration of $1.3 billion, including contingent payment. Through this transaction…
Statoil Delays Castberg Project
Johan Castberg license partners, comprised of Statoil, Eni and Petoro, are dedicating more time in making the final concept selection for the Johan Castberg project. “The companies…
Gudrun on Stream
At 7:25 a.m. on April 7, Statoil and its partners (GDF SUEZ and OMV) started production on the Gudrun oil and gas field in the North Sea. "Gudrun is the first new Statoil-operated…
Statoil Chooses Wingårdhs Building Design
Statoil’s architectural competition for the planned new building at Forus West was won by the Swedish architects’ office Wingårdhs with the project proposal “E = mc²”. “Wingårdhs’…