Statoil


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Equinor Production Start at Oseberg Vestflanken 2

On 14 October the Oseberg Vestflanken 2 field in the North Sea came on stream. Remote-operated from the Oseberg field centre, the new Oseberg H platform is the first unmanned platform on the Norwegian Continental Shelf. Recoverable resources are 110 million barrels, and the project was de ...

OilVoice Press - OilVoice


Posted 1 month agoPress > EquinorEquinor EnergyProduction +8

Equinor: Entering New Agreements in Azerbaijan

Statoil Azerbaijan (part of the Equinor group) and Azerbaijan's state oil company SOCAR have today, 30 May, signed a Risk Service Agreement (RSA) related to the appraisal and development of the Karabagh oilfield and a Production Sharing Agreement (PSA) for the Ashrafi, Dan Ulduzu, Aypara area ...

OilVoice Press - OilVoice


Posted 6 months agoPress > EquinorStatoilAzerbaijan +7

Statoil Sells Non-Core Asset on UK Continental Shelf

Statoil has agreed to sell its 17% non-operated interest in the Alba oil field on the UK Continental Shelf (UKCS) to Verus Petroleum. Alba is an oil field in the UK Central North Sea that Statoil entered in 1995 and which is operated by Chevron. To date, it has produced around 420 million ba ...

OilVoice Press - OilVoice


Posted 7 months agoPress > StatoilDivestmentasset +5

The First Johan Sverdrup Topside Installed

All the pieces of the platform puzzle were lifted in place by the heavy-lift vessel "Thialf". (Photo: Woldcam - Roar Lindefjeld / Bo Randulff / Statoil) Yesterday the last module of the Johan Sverdrup riser platform was lifted into place. With this, the first of four topsides of the next ...

OilVoice Press - OilVoice


Posted 7 months agoPress > StatoilJohan SverdrupNorth Sea +3

Statoil ASA: 2018 First Quarter Results

Statoil (OSE:STL, NYSE:STO) reports adjusted earnings of USD 4.4 billion and USD 1.5 billion after tax in the first quarter of 2018. IFRS net operating income was USD 5.0 billion and the IFRS net income was USD 1.3 billion. The first quarter was characterised by: Solid earnings across all segm ...

OilVoice Press - OilVoice


Posted 7 months agoPress > StatoilOSENYSE +6

Statoil Unveils Plans to Support SMEs Develop New Technology at Subsea Seminar

UK subsea companies will learn how the world's largest offshore operator plans to support small and medium enterprises (SMEs) develop new technologies in a bid to become the world's most carbon-efficient oil and gas producer at an event in Aberdeen tomorrow (24 th April). Those attending the lunc ...

OilVoice Press - OilVoice


Posted 7 months agoPress > StatoilSMETechnology +3

Statoil Awarding Billion NOK Contract for Njord Bravo FSO

Statoil is today awarding, on behlf og the Njord license, a contract to Aibel for upgrading of the Njord Bravo floating storage and offloading (FSO) vessel in the Norwegian Sea. The contract value is around NOK1.3bn. “We are pleased to award Aibel this contract today. After several good ...

OilVoice Press - OilVoice


Posted 7 months agoPress > StatoilNjord BravoNjord License +3

Big Statoil investments in the North

Johan Castberg, Polarled, Aasta Hansteen, Snefrid Nord, Askeladd and the exploration campaign in the Barents Sea; multi-billion investments are lined up. This creates spin-offs. Thanks to the contract for ten Johan Castberg subsea templates Aker Solutions Sandnessjoen will increase its workfo ...

OilVoice Press - OilVoice


Posted 7 months agoPress > Barents SeaStatoilinvestment +7

Statoil Completes Acquisition of US Gulf of Mexico Deepwater Discovery

Statoil and Total have completed their acquisition of Cobalt International Energy's 60% operated interest in the North Platte discovery in the US Gulf of Mexico for an aggregate prurchase price of USD 339 million. The partners have jointly presented the winning bid for the asset in a bankrupt ...

OilVoice Press - OilVoice


Posted 8 months agoPress > StatoilTotalAcquisition +7

81 New Oil and Gas Projects in Europe to Commence Production by 2025, Says GlobalData

81 new crude and natural gas projects will start operations in Europe between 2018 and 2025. By 2025, the projects will contribute around 1,496 thousand barrels per day (mbd) to global oil production and close to 4.7 billion cubic feet per day (bcfd) to global gas production, according to GlobalD ...

OilVoice Press - OilVoice


Posted 8 months agoOpinion > GlobalDataOilgas +8

Statoil awards new drilling contracts worth NOK 12 billion

  Statoil has awarded drilling contracts to Archer, KCA Deutag and Odfjell Drilling for drilling, completion, intervention services, plugging, maintenance and modifications on 18 of Statoil's fixed platforms.  The contracts take effect from 1 October 2018, initially for a period of fou ...

OilVoice Press - OilVoice


Posted 8 months agoPress > StatoilNorth SeaArcher +4

Statoil Awarded Four Blocks Offshore Brazil

  Statoil and partners were the hihg bidders for four blocks in the Campos Basin in Brazil's 15th licensing round held on 29 March. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects.  A consortium comprising Petrobras (3 ...

OilVoice Press - OilVoice


Posted 8 months agoPress > StatoilOffshoreBrazil +8

Major North Sea Order Accelerates Liberty Pipe Mills Comeback

The Liberty Group's mission to reinstate Hartlepool pipe mills' as a global force in the oil and gas sector has taken a big step forward with the news that the plant has secured a multi-million-pound order from Subsea 7 to provide large diameter steel pipe for Statoil's Snorre Expansion Project off ...

OilVoice Press - OilVoice


Posted 8 months agoPress > United KingdomUKNorth Sea +8

Statoil Enters Agreement With Capgemini to Advance its Digital Roadmap

Capgemini today announced that it has signed a new strategic framework agreement with Statoil, an international energy company with operations in over 30 countries worldwide. Under the agreement, Capgemini will support Statoil and its Digital Center of Excellence (CoE) with services to further deve ...

AL James


Posted 8 months agoPress > CapgeminiStatoilDigital Transformation +2

Statoil Presents Annual and Sustainability Reports For 2017

Today 23 March, Statoil (OSE: STL, NYSE: STO) is presenting its Annual Report and Form 20-F for the year ended 2017, and its sustainability report. In 2017, Statoil delivered record high equity production of 2.080 million barrels of oil equivalent per day and an underlying production gr ...

OilVoice Press - OilVoice


Posted 8 months agoPress > StatoilAnnual ReportNYSE +3