Statoil


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Eldar Sætre Continues as Statoil’s Chief Executive Officer

  Statoil's board of directors and chief executive Eldar Sætre have agreed that Sætre will continue as CEO after he turns 62 in February 2018. Eldar Sætre will thus not use his contractual right to reture at the gae of 62.  “It has been a wish from the board of Statoil that Eldar Sætre con ...

OilVoice Press - OilVoice


Posted 5 hours agoPress > Statoilceo

Oil price, Jersey Oil and Gas, President Energy, Wentworth Resources, BP And finally…

  Oil price The market ran out of steam yesterday, there was no shortage of good news but a combination of profit taking and a lessening of geopolitical risk in Kurdistan as I reported yesterday, took the heat out of the market. That was added to by Shell lifting the Force Majeure on Bonny Ligh ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 day agoOpinion > oil priceJersey Oil & GasPresident Energy +5

World’s First Floating Wind Farm Has Started Production

  Hywind   Scotland, the first floating wind farm in the world, has started to deliver electricity to the Scottish grid. Today the First Minister of Scotland, Nicola Sturgeon, officialy opens the wind farm. The 30MW wind farm, operated by Statoil in partnership with Masdar, is located ...

OilVoice Press - OilVoice


Posted 3 days agoPress > Wind FarmWind EnergyRewables +2

Statoil Oil Discovery in Verbier Sidetrack on UK Continental Shelf

  Statoil and partners have made an oil discovery in the Verbier sidetrack well in the outer Moray Firth on the UK continental Shelf, proving a minimum of 25 million recoverable barrels of oil in the immediate vicinity of the wellbore. The preliminary results suggest the discovery cou ...

OilVoice Press - OilVoice


Posted 12 days agoPress > StatoilUnited KingdomVerbier +2

Statoil Enters First Solar Development Project

  Staoil has signed an agreement to acquire a 40% share in the construction ready 162MW Apodi solar asset in Brazil from Scatec Solar, a Norwegian independent solar power producer. The project will provide approximately 160,000 households with electricity. Statoil and Scatec Solar have a ...

OilVoice Press - OilVoice


Posted 17 days agoPress > BrazilStatoilSolar +1

Statoil, Shell and Total enter CO2 storage partnership

The partners are today signing a partnership agreement to mature the development of carbon storage on the Norwegian continental shelf (NCS). The project is part of the Norwegian authorities' efforts to develop full-scale carbon capture and storage in Norway. In June, Gassnova awarded Stat ...

OilVoice Press - OilVoice


Posted 19 days agoPress > StatoilShellTotal +6

Petroleum Pioneers: Future of North Sea Oil & Gas

Since its inauguration four years ago, Petroleum Pioneers: Future of North Sea Oil & Gas has developed into a key date on the UKCS calendar. Providing a strategic overview of activity in the basin it brings together operators and key decision makers to share insights and strategy for future developm ...

Luke Toudup


London   England   GB 23 Nov 2017


Posted 1 month agoEvent > North SeaDecom North SeaNorth Sea Energy +15

Statoil - Trestakk approved

Norwegian authorities have approved the Plan for Development and Operation (PDO) of the Trestakk discovery on the Halten Bank in the Norwegian Sea. Investments are calculated at NOK 5.5 billion, almost half of the original estimate. Trestakk was discovered in 1986, and expected recoverable volum ...

OilVoice Press - OilVoice


Posted 6 months agoPress > StatoilTrestakkHalten Bank +2

Proceeding with Phase 2 of the Johan Sverdrup development

Proceeding with Phase 2 of the Johan Sverdrup development The Johan Sverdrup partnership has now decided to proceed with (DG2) Phase 2 of the Johan Sverdrup development, awarding FEED contracts to Aker Solutions, Kværner and Siemens. Illustration of the Johan Sverdrup field centre Phase 1 of J ...

OilVoice Press - OilVoice


Posted 7 months agoPress > StatoilJohan Sverdrup

Supermajors’ Cost Index: How Efficient are they in Developing their Assets? | Petroleum Africa

The ‘lower for longer' oil price environment has forced oil and gas companies to look hard at their cost structures. Despite development costs accounting for more than 50% of total costs, the industry currently acks a widely accepted measure for assessing efficiency in this area.

Muktadir Ur Rahman


Posted 7 months agoLink > Supermajors Cost IndexBPShell +20

Study: Oil, Gas Development Costs Fall, But Could Go Lower

Looking specifically at seven supermajors—BP, Royal Dutch Shell Plc (NYSE: RDS.A), Eni (NYSE: E), Chevron Corp. (NYSE: CVX), ExxonMobil Corp. (NYSE: XOM), Total (NYSE: TOT) and ConocoPhillips (NYSE: COP)—development cost per barrel of oil equivalent (boe) increased by 66% between 2011 and 2015, bu ...

Muktadir Ur Rahman


Posted 7 months agoLink > Supermajors Cost IndexBPShell +20

DW Monday: Not Content with Local Content

Brazil and Tanzania are two countries at very different stages of oil and gas development – Brazil is a well-established powerhouse, reeling from a recent corruption scandal, while Tanzania is at the early stage of development after a series of promising discoveries by majors including Shell and Sta ...

DW Monday


Posted 8 months agoOpinion > DW MondayPetrobrasShell +2

Statoil joins Shell and other foreign companies exiting Canadian projects

Norway's oil and gas powerhouse Statoil ASA has finalised its exit from the Canadian oilsands and is by no means alone in a list of high-profile internationally-based operators to agree a sale of Canadian upstream assets during the past 12 months. Statoil (Oslo:STL) is selling its interest in the ...

Mark Young


Posted 8 months agoOpinion > CanadaStatoilShell +7

PROSEP AWARDED CONTRACT FOR STATOIL’S TROLL B ZMP PROJECT

PROSEP AWARDED CONTRACT FOR STATOIL'S TROLL B ZMP PROJECT Technology helps Statoil reduce package size and recognize process efficiencies FEBRUARY 14, 2017 (HOUSTON) – ProSep, the industry-leading technology and service provider for integrated process solutions, announced today it will supply ...

Brooke Barnes


Posted 8 months agoPress > europeSubseaStatoil

Statoil - Ensuring area-wide emergency preparedness through four vessel contracts

Statoil awards Simon Møkster Shipping AS contracts for three emergency response and rescue vessels (ERRV), and Havila Shipping ASA for one ERRV. The contacts have a total value, included options, of NOK 2.7 billion. The vessels will be part of Statoil's area-wide emergency response on the Norwegian ...

OilVoice Press - OilVoice


Posted 8 months agoPress > Statoil