Statoil successful bid for new licences offshore East Coast Canada Nov 13, 2015Statoil and its partners were the successful bidders for six exploration licences in the Flemish Pass Basin, offshore Newfoundland, and two licences offshore Nova Scotia.
Statoil increases environmental commitment on the NCS Nov 12, 2015Since 2008, Statoil has had the aim of reducing CO2 emissions on the Norwegian continental shelf (NCS) by up to 800 000 tonnes by 2020. The company is already close to achieving this goal, four years ahead of time, and therefore increases the target by 50% to 1.2 million tonnes. “In Norway, we produce oil and gas with half of the CO2 emissions per unit of output compared to the global industry average. By aiming even higher now, we are reinforcing our leading role in the coming years as a low-emission producer of oil and gas,” says Arne Sigve Nylund, executive vice president, Development and Production Norway (DPN).
Statoil ASA reduced equity share at Agbami following redetermination Nov 9, 2015Statoil has received an Expert calculation of revised tract participations for the Agbami field in Nigeria. Assuming implementation, this calculation will result in a reduction
Statoil awards catering contracts for Mariner and to ESS Offshore and 14forty Nov 6, 2015Statoil (U.K) Limited has awarded contracts for the catering and facilities services for its UK offshore and onshore operations to ESS Offshore
Statoil awards accommodation rig contract for Johan Sverdrup Nov 5, 2015Statoil has, on behalf of the Johan Sverdrup licence, awarded a contract to Jacktel AS, a wholly owned subsidiary of Master Marine AS, for providing accommodation services on the Johan Sverdrup field. Jacktel AS, a wholly owned subsidiary of Master Marine A, located in Oslo/Norway, has been awarded a contract for the Haven jack-up accommodation rig for the installation and commissioning period for the Johan Sverdrup project phase 1.
Statoil cancels rig contract with Songa Trym Nov 3, 2015Statoil has decided to cancel the contract with Songa Trym, four months before the expiration of contract on 4 March 2016.
Statoil to explore offshore Mozambique Nov 2, 2015Statoil has together with partners submitted a winning bid on the A5-A block offshore Mozambique in the fifth competitive bidding round.
Statoil to explore offshore South Africa Oct 30, 2015Statoil has completed a farm-in transaction with ExxonMobil Exploration and Production South Africa Limited (ExxonMobil), acquiring a 35 percent interest in the ER 12/3/154 Tugela South Exploration Right. “This opportunity is in line with Statoil’s exploration strategy of access at scale. It represents access into a frontier basin where we believe we see indications of an active petroleum system and which has impact potential,” says Nick Maden, senior vice president for Statoil's exploration activities in the Western Hemisphere.
Statoil ASA: 2015 third quarter results Oct 29, 2015Statoil delivered adjusted earnings of NOK 16.7 billion and adjusted earnings after tax of NOK 3.7 billion in the third quarter. Statoil reported
Statoil reports more gas from Troll A Oct 24, 2015The two new giant compressors that started up on the Troll A platform this month will help increase gas recovery by 83 billion cubic metres. The occasion attracted a platform visit from EEA and EU affairs minister Vidar Helgesen.“Europe is in a transition phase with regard to both competitiveness and climate. Stable and competitive gas deliveries from the Norwegian continental shelf (NCS) play a key role along these two axes. Higher production and flexibility from the Troll field is therefore good news to both Norway and Europe,” said Helgesen during his visit.
ACE Winches completes Linear Winch System for Statoil Oct 21, 2015ACE Winches has completed an order for Statoil, who required a rental Pull in Winch System including Wire Rope and HPU for their Subsea Line Modification Project. A Linear Winch System was designed and engineered for operation on the Troll B Platform, offshore Norway.The rental package supplied incorporated a compact design and weight optimized linear winch, designed for use in land based shore pulls
Oil and gas CEOs jointly declare action on climate change Oct 19, 2015The chief executive officers of 10 of the world’s largest oil and gas companies - which together provide almost a fifth of all oil and gas production and supply nearly 10% of the world’s energy - today declared their collective support for an effective climate change agreement to be reached at next month’s 21st session of the United Nations (UN) Conference of Parties to the UN Framework on Climate Change (COP21).
Statoil awards Johan Sverdrup construction contract to Aibel Oct 16, 2015Statoil has, on behalf of the Johan Sverdrup partners, awarded Aibel in Norway the contract for construction of the converter station at Haugsneset and required construction site work for land-based power supply to the field. This is an engineering, procurement and construction (EPC) contract covering engineering, procurement, construction site work, building of a converter station and installation of converter equipment.
Statoil starts subsea gas compression- boosting Gullfaks recovery Oct 13, 2015Statoil with partners Petoro and OMV have started the world´s first wet gas compression on the seabed of the North Sea Gullfaks field.The unique technology will increase recovery by 22 million barrels of oil equivalent (oe) and extend plateau production by around two years from the Gullfaks South Brent reservoir.“We are very proud that we have been able to complete such a demanding pioneering project with start-up ahead of the original plan,” says Margareth Øvrum, executive vice president for Technology, Projects & Drilling (TPD).
Statoil reports oil spill at Statfjord Oct 9, 2015On Thursday 8 October at 8.30 a.m. there was a report that oil had been observed in the sea close to the OLS B loading buoy at the Statfjord field.
