Norwegian Petroleum Directorate grants Statoil drilling permit for 6407/8-7 May 7, 2015The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 6407/8-7, cf. Section 8 of the Resource Management Regulations.
Recommendation from Statoil's nomination committee May 6, 2015The nomination committee in Statoil recommends that the company's corporate assembly elects Øystein Løseth as new chair and Roy Franklin as a new
Statoil completes sale of 15.5% share in Shah Deniz to PETRONAS May 1, 2015On Thursday 30 April 2015, Statoil and the Malaysian oil and gas company PETRONAS completed their transaction, announced previously on 13 October 2014.
Statoil ASA declares 2015 first quarter results May 1, 2015Despite challenging oil and gas prices in the quarter, Statoil delivered Adjusted earnings of NOK 22.9 billion and NOK 7.0 billion after tax. Statoil reports
Statoil supporting earthquake victims in Nepal May 1, 2015Statoil has decided to donate NOK 1 million to the Red Cross to support their disaster relief work in Nepal after the earthquake.
IKM Testing awarded Gina Krog project contract by Statoil Apr 30, 2015IKM Testing has been awarded a major contract for Commissioning services by Statoil Petroleum AS on the Gina Krog topside project currently under construction in Korea. IKM Testing will supply N2He Leak testing with options for Bolt Work, Hot Oil Flushing, Chemical Cleaning and Flange Machining. Work preparation and execution will include personnel, equipment and consumables and is similar to the work scope on the recently awarded Mariner contract with Statoil UK Ltd.
Statoil, partners to increase cooperation on exploration in the Barents Sea Apr 22, 2015Statoil, Eni Norge, Lundin Norway, OMV and GDF SUEZ will collaborate on solving operational tasks tied to exploration in the Barents Sea.
Statoil committed to end routine flaring by 2030 Apr 20, 2015Statoil and several other oil companies and nations joined together to commit, for the first time, to end the practice of routine gas flaring at oil production sites by 2030. CEO Eldar Sætre represented Statoil at the signing at the World Bank in Washington together with Norwegian foreign minister Børge Brende.'Meeting the target of zero routine flaring by 2030 is a highly important contribution our industry can make towards mitigating climate change,' Sætre said in his speech in Washington.
Statoil: Valemon field officially opened Apr 17, 2015Petroleum and energy minister Tord Lien is opening the Valemon gas and condensate field in the North Sea today. Expected recoverable reserves from the field are 192 million barrels of oil equivalent. “Valemon is one of several new projects on the Norwegian continental shelf that contribute to value creation, activity and innovation,” says Arne Sigve Nylund, executive vice president for Development & Production Norway.
Statoil ASA: Catherine Hughes leaves the board of directors Apr 16, 2015Catherine Hughes has informed that she will resign from her position as member of the board of directors in Statoil ASA with immediate effect in order to
IKM Testing awarded Statoil Mariner project contract Apr 14, 2015IKM Testing has been awarded a major contract for Commissioning services by Statoil UK Ltd. on the Mariner topside project currently under construction in Korea.
Statoil makers another gas discovery in the Aasta Hansteen area Apr 14, 2015Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second discovery made by Statoil in the Aasta Hansteen area spring 2015. “Statoil has completed a targeted two-well exploration programme around Aasta Hansteen which aimed to test additional potential in the area and make the Aasta Hansteen project more robust. Both wells, Snefrid Nord and Roald Rygg,
Statoil makes oil discovery in Gulf of Mexico Apr 13, 2015Statoil and its partners are evaluating further appraisal activity.Statoil has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico (GoM). “The Yeti discovery expands the proven sub-salt Miocene play further south and west of the Big Foot field,” says Jez Averty, Statoil’s senior vice president, exploration for North America. “We are analysing data to determine the the size of the discovery in order to consider future appraisal options.”
2H Offshore awarded contract for Norway’s Johan Sverdrup field Mar 31, 2015The Tanzania Ministry of Energy and Minerals announced that the Mdalasini-1 exploration well drilled by Statoil (Operator) has resulted
Statoil makes its eighth discovery in Block 2 offshore Tanzania Mar 31, 2015The Tanzania Ministry of Energy and Minerals announced that the Mdalasini-1 exploration well drilled by Statoil (Operator) has resulted
