Statoil discovers gas in Valemon West
Two years after Valemon came on stream Statoil has made a new gas discovery on the field, called Valemon West. The discovery is estimated to contain between 20 and 50 million barrels of oil equivalent. “This is an important discovery for the further development of Valemon,” says Gunnar Nakken, Statoil’s senior vice president for the operations west cluster…
New Subsea Storage Technology Introduced
In January of this year, Dutch subsea technology company Seatools completed an R&D program on a subsea liquid storage technology. During the program – a continuation of an earlier engineering study performed on behalf of Statoil Petroleum AS – the storage technology passed a full product qualification…
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. The minister got the honor of filling the barrel, which was decorated in golden color for the occasion.
Expro Sign Subsea Framework Agreement with Statoil
International oilfield services company, Expro, has secured a new framework agreement with Statoil Petroleum AS in the Norwegian Continental Shelf (NCS). The agreement, for three years with options to extend for three, two-year periods will see Expro provide subsea services and well control systems delivering its large bore landing string assemblies for completion…
Statoil Inks Subsea pacts with Duo
Statoil Petroleum AS has signed Master Service Agreements with Aker Solutions ASA and OneSubsea Processing AS. The agreements signed form the basis for potential new EPC contracts (engineering, procurement and construction) for subsea equipment in the medium term future. An EPC option agreement for subsea production system (SPS) has also been signed with OneSubsea…
Statoil Signs Multicurrency Revolving Credit Facility
Statoil ASA guaranteed by Statoil Petroleum AS, successfully signed a USD 5.0 billion Multicurrency Revolving Credit Facility. The Facility, which was co-ordinated by Barclays Bank PLC, Deutsche Bank AG and DNB Bank ASA, received unanimous support from the group of existing and new relationship banks invited to participate in the Facility.
Statoil Reports Another Gas Discovery
Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in spring 2015. “Statoil has completed a targeted two-well exploration program around Aasta Hansteen which aimed to test…
Another Gas Find By Statoil in Aasta Hanstee
Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in spring 2015. “Statoil has completed a targeted two-well exploration programme around Aasta Hansteen which aimed to…
Fugro Awarded Pipeline Inspection Contract
Statoil Petroleum AS and Gassco AS have awarded the 2015 annual pipeline inspection contract to Fugro. The contract covers inspection of defined sections of subsea pipelines between Norway and continental Europe: Europipe 1, Europipe 2, Franpipe, Zeepipe and Norpipe. Inspection of pipeline sections for…
Rosneft & Statoil to Explore Norwegian Continental Shelf
18th of August, Rosneft together with Norwegian company Statoil Petroleum AS started exploration operations at the Pingvin License PL713prospect in the Norwegian section of the Barents Sea. The first exploration well Pingvin-1 will be drilled by the Transocean Spitsbergen rig. The water depth is 422 meters and the drilling target total vertical depth (TVD) is 1516 meters.
Rex IH Gives Norway Drilling, License Updates
Rex International Holding Limited, one of the largest companies listed on the Catalist of the Singapore Exchange Securities Trading Limited, shared its latest developments in its Norway portfolio, held through its 65 percent owned indirect subsidiary, Lime Petroleum Norway AS and investee company, North Energy ASA.
Award For EMGS From Statoil for Norwegian Sea Data
Electromagnetic Geoservices ASA (EMGS), electromagnetic (EM) technology market leader, has received a Letter of Award from Statoil Petroleum AS worth USD 5.3 million for 3D EM data acquisition in the Norwegian Sea. EMGS, uses its proprietary EM technology to support oil and gas companies in their search for offshore hydrocarbons.
Kongsberg to Supply SAS to Four Statoil Offshore Platforms
Kongsberg Maritime says it has been awarded a Project Specific Agreement including FEED for delivery of Safety and Automation (SAS) systems to the four Johan Sverdrup field platforms by Statoil Petroleum AS. Kongsberg explains that the Project Specific Agreement includes an option for delivery of Safety…
Kongsberg Selected for Sverdrup Field Development
Kongsberg Maritime AS has been awarded a Project Specific Agreement including FEED for delivery of Safety and Automation (SAS) systems to the four Johan Sverdrup field platforms by Statoil Petroleum AS. The Project Specific Agreement includes an option for delivery of Safety and Automation Equipment including detail engineering services and commissioning services.
Maersk Oil Get Two UK North Sea Drilling Permissions
Maersk Oil, a unit in Danish shipping and oil group A.P. Moller-Maersk, said it has received approval from British and Norwegian authorities to develop the Flyndre and Cawdor fields. The fields lie approximately 293 kilometres southeast of Aberdeen in the UK North Sea. "The Flyndre well is expected to peak at around 10…
DOF Subsea Wins Call-Off with Statoil
DOF Subsea Norway AS has been awarded a call-off on an existing survey frame agreement with Statoil Petroleum AS for Multibeam Echosounder (MBE) inspection and AUV survey services in the North Sea. The call-off has a firm period of approximately 50 days in addition to optional services and will be performed during summer season 2014.
Kongsberg RIM for Statoil Field in Brazil
Kongsberg Oil & Gas Technologies do Brasil Ltda., a wholly owned subsidiary of Kongsberg Gruppen ASA (KONGSBERG), has been awarded a contract for delivery of flexible Riser Integrity Management (RIM) services to the Statoil Brasil Óleo e Gás Ltda. operated Peregrino field. The contract is a Framework…
DOF Subsea Awarded Call-off for Statoil in 2015
DOF Subsea Norway AS has been awarded a call-off on an existing Survey Frame Agreement with Statoil Petroleum AS for 2015 in a contract estimated at more than NOK 200 million. The call-off has a firm period of eight months and includes seabed mapping, pipeline inspection, lay support and light construction services.
