Friday, November 22, 2024

Lars Christian Bacher News

Equinor Raises $3.9 Bln in the Bond Market

(Photo: Equinor)

Norwegian oil company Equinor raised $3.4 billion in euro and dollar bonds on Monday, in its latest push to secure long-term funding at a time of weak crude prices."In the…

Equinor Q2 Earnings Lag Forecast

(Photo: Arne Reidar Mortensen / Equinor)

European oil major Equinor said on Thursday it expects less capital expenditure this year, partly due to further cost savings at its Johan Sverdrup oilfield, after reporting…

Changes in Statoil's Top Deck

Margareth Øvrum (Photo: Ole Jørgen Bratland / Statoil)

Statoil said on Friday it had expanded its leadership team and changed its corporate structure to reflect the company's increased focus on Brazil.Statoil's Brazilian operations…

25 More Years in the ACG Field

The Central Azeri Platform. (Photo: Stuart Conway / BP)

Statoil, together with co-venturers and the Azerbaijan Government sign amended and restated Azeri-Chirag-Deepwater Gunashli PSA. The Azerbaijan Government and the State…

Statoil Sells Oil Sands Business

Statoil has signed an agreement to divest its 100% owned Kai Kos Dehseh (KKD) oil sands projects in the Canadian province of Alberta to Athabasca Oil Corporation (TSX: ATH).

Changes in Statoil’s Top Deck

Jannicke Nilsson has been appointed executive vice president and chief operating officer (COO) in Statoil ASA. She takes over the role from Anders Opedal, who will lead…

Statoil Exits Shah Deniz Gas Project

Asset sales to protect dividends; firms face rising costs, falling oil prices. Statoil will retain stakes in ACG oil field, TAP Pipeline. Statoil exited Azerbaijan's Shah Deniz gas project on Monday…

Resuming Ordinary Operations at In Amenas

19 months after the In Amenas attack, Statoil and the joint venture partners are ready to resume ordinary operations at the plant. In June, the corporate executive committee…

CLOV Deepwater Development on Stream in Angola

 Lars Christian Bacher, Statoil’s executive vice president for Development and Production International.

<p>The large CLOV field in Block 17 offshore Angola came on stream on June 12 in line with the initial project schedule.<br /> <br /> Statoil has a 23.33% interest in Block 17, which is operated by Total (40%).