Statoil declares Smørbukk South extension in operation – producing from 'tight' reservoir Sep 7, 2015Two and a half years after project sanction, production commences from Smørbukk South Extension. The offshore project at the Åsgard
NPD grants drilling permit in PL169 to Statoil Aug 28, 2015The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 25/11-28, cf. Section 8 of the Resource
Polarled – the first pipeline crossing the Arctic Circle Aug 24, 2015On 21 August the Polarled gas pipeline crossed 66 degrees and 33 minutes north of the equator becoming the first pipeline to take the Norwegian
Statoil's Johan Sverdrup development approved Aug 24, 2015The plan for development and operation (PDO) for Johan Sverdrup, phase one, was approved by the Ministry of Petroleum and Energy Thursday, 20 August. In addition the associated plans for installation and operation (PIO) for transportation pipelines and power supply from shore were approved.
Statoil Board elects Wenche Agerup as a new member of Statoil's board Aug 21, 2015In a meeting in the Corporate Assembly of Statoil ASA on 20 August 2015 Wenche Agerup was elected as a new member of Statoil's board of directors.
Recommendation from Statoil's nomination committee Aug 17, 2015The nomination committee in Statoil recommends that the company's corporate assembly elects Wenche Agerup as a new member of Statoil's board of directors.
The first building block completed on the Johan Sverdrup field Aug 14, 2015The first piece of the Johan Sverdrup development has now been completed and installed on the field in the North Sea. It was Heerema Marine Contractors’ crane vessel “Thialf” that completed the installation of the 280-tonne pre-drilling template on the Johan Sverdrup field.
Harding wins contract to supply the lifeboats for Johan Sverdrup Aug 13, 2015Statoil has awarded Harding a prestigious contract for delivery of the nine free-fall lifeboats needed for phase 1 of the Johan Sverdrup North Sea development."This order is a solid validation of the quality of our products, the competency and commitment demonstrated by all our employees, and the effects of the significant restructuring which we have implemented in order to strengthen our competitive edge in a tough market," commented Styrk Bekkenes, the happy and proud Harding CEO, after the contract signing on July 14th.
Statoil: Mariner jacket on its way to the North Sea Aug 12, 2015The steel jacket for the Statoil operated Mariner A platform on the UK Continental Shelf (UKCS) left the Spanish Dragados yard on 10 August, and is now on its way to the North Sea.
Statoil's Peregrino marks 100 million barrels produced Aug 5, 2015After just four years in production, the Peregrino field in the Campos basin offshore Brazil has passed a significant milestone, with 100 million barrels of oil produced since April 2011. The field, jointly owned by Statoil and Chinese Sinochem, achieved the milestone on August 2."We are pleased to have reached a major milestone in our Peregrino operations,” says Pål Eitrheim, country manager of Statoil Brazil.
Statoil produces more oil from Gullfaks Jul 30, 2015Production from the Gullfaks South (GSO) fast-track project for improved oil recovery in the North Sea started on 27 July. GSO will increase the output from the Gullfaks area by around 65 million barrels of oil equivalent. "GSO demonstrates how we can increase recovery and profitability by use of standardised, simplified development solutions tied to existing infrastructure,” says Arild Dybvig, vice president for fast-track projects in Development & Production Norway.
Statoil ASA: 2015 second quarter results Jul 29, 2015Statoil delivered Adjusted earnings of NOK 22.4 billion and adjusted earnings after tax of NOK 7.2 billion in the second quarter.
Statoil, partner makes gas and condensate discovery in the North Sea Jul 24, 2015Operator Statoil and its PL146/PL333 partner Total E&P Norge have made a gas and condensate discovery in the Julius prospect in the King Lear area in the North Sea.
The discovery well 2/4-23S, drilled by Maersk Gallant, proved gas and condensate in the Ula formation. Statoil estimates the volumes in Julius to be between 15 and 75 million barrels of recoverable oil equivalent.
GE and Statoil collaboration announces winners of inaugural open innovation challenge Jul 23, 2015GE and Statoil’s Sustainability Collaboration announced the five winners of its inaugural Open Innovation Challenge that focused on
Rosneft and Statoil completed pilot drilling at the North-Komsomolskoye field Jul 15, 2015Rosneft and Statoil ASA completed drilling works as part of the Pilot Project at the PK1 layer of the North-Komsomolskoye field. During 2015 the companies jointly drilled 2 horizontal exploitation wells. Using best global practices Rosneft and Statoil ASA implemented extended logging, including core and fluid samplings. Also, for the first time onshore in Russia, a well was completed using 'openhole gravel packing' in a horizontal section of 1,000 m.