232 results
A list of search results
-
Spanish oil firm Repsol posted a net income for the first quarter of the year of 608 million euros, almost even compared to last year’s 1Q income of 610 million euros.
-
Statoil announced today that it has, together with its partners, taken the investment decision to develop Vilje South, an extension to the main field included in its original plan for development and operation (PDO). An oil producer, Vilje is situated just to the north of Heimdal in the northern part of Norway’s North Sea sector. […]
-
More than half the backlog in safety-critical servicing on installations operated by Statoil off Norway has been eliminated over the past year. The organisation is working continuously to get better at operating these facilities safely and effectively. “There’ll always be some outstanding maintenance, but we shared the dissatisfaction expressed by the Petroleum Safety Authority Norway […]
-
Statoil has awarded three drilling contracts for drilling, completion, intervention services, plugging, maintenance and modifications on 18 of its fixed platforms.
-
Approval of plans for development and operation (PDO) of the Stjerne and Vigdis North-East fields means that all four of Statoil’s first fast-track projects have secured the go-ahead. The Ministry of Petroleum and Energy has given the nod for the two fields today, 16 September, after approving Hyme and Visund South PDOs in June. All […]
-
Exploration activity on the Norwegian shelf remains vigorous. Norwegian Petroleum Directorate has reported that thirteen new discoveries have been made this year, the largest of these in the Norwegian Sea. Eight exploration wells are currently being drilled. As of 24 June, 33 exploration wells have been spudded and 33 terminated. For comparison, the number of […]
-
Business & Finance, Equipment, Operations & Maintenance
Approval of plans for development and operation (PDO) of the Stjerne and Vigdis North-East fields means that all four of Statoil’s first fast-track projects have secured the go-ahead. The Ministry of Petroleum and Energy has given the nod for the two fields today, 16 September, after approving Hyme and Visund South PDOs in June. […]
-
Statoil’s second quarter 2011 net operating income was NOK 61.0 billion (USD 11.15 billion) , a 129% increase compared to NOK 26.6 billion (USD 4.86 billion) in the second quarter of 2010. The quarterly result was mainly affected by a 32% increase in the average prices for liquids measured in NOK, a 28% increase in […]
-
Business & Finance, Exploration & Production
Odfjell Drilling has signed a firm contract for its Deepsea Atlantic semi-submersible drilling rig with Equinor – formerly Statoil.
-
Statoil has today submitted a plan for development and operation (PDO) for the Vigdis North-East development in the North Sea to the Norwegian Ministry of Petroleum and Energy. Production start is scheduled for December 2012. This is the second fast-track development plan submitted to the Norwegian Ministry of Petroleum and Energy this year. The […]
-
Statoil’s second quarter 2011 net operating income was NOK 61.0 billion (USD 11.15 billion) , a 129% increase compared to NOK 26.6 billion (USD 4.86 billion) in the second quarter of 2010. The quarterly result was mainly affected by a 32% increase in the average prices for liquids measured in NOK, a 28% increase in […]
-
Statoil is entering into frame agreements for insulation, scaffolding and surface treatment worth a total of NOK 12 billion, options included. The agreements relate to platforms, production vessels and land-based plants in Norway, as well as the Kalundborg refinery in Denmark. The agreements also apply to Kollsnes where Statoil, in its capacity as technical service […]
-
Statoil’s second quarter 2011 net operating income was NOK 61.0 billion (USD 11.15 billion) , a 129% increase compared to NOK 26.6 billion (USD 4.86 billion) in the second quarter of 2010. The quarterly result was mainly affected by a 32% increase in the average prices for liquids measured in NOK, a 28% increase in […]
-
Norwegian oil company Statoil has marked the 30th anniversary of production from the Gullfaks field off Norway and 2.6 billion barrels of oil since the start of production on December 22, 1986. The main Gullfaks field lies in block 34/10 in the northern part of the Norwegian sector of the North Sea. Statoil said on Thursday […]
-
Statoil is entering into frame agreements involving maintenance and modification work valued at NOK 49 billion (USD 7,6 billion), options included. The agreements, which have duration of four years with two two-year extension option, will occupy more than 5,000 people during the period. Five companies have given their assent to the letters of intent sent […]
-
Offshore driller Transocean has scored a six-well contract with Equinor for the newbuild, harsh environment semisubmersible Transocean Norge.
-
Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has identified weaknesses in crane design as an underlying cause of a crane incident from March on Statoil’s Gullfaks B platform offshore Norway. The PSA said on Thursday it had finished its investigation of the incident on Gullfaks B from March 7, 2017, when the boom of the […]
-
Two contracts worth around USD 90 million have been awarded to Subsea 7. These are EPCI contracts, which include engineering, procurement, construction and installation of the pipelines and control cables connecting the PanPandora and Katla fields in the North Sea to existing production systems. The contracts also cover installation of the production system on the […]
-
Equinor has signed collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services.
-
Spanish oil company Repsol recorded an increase in its profit for the third quarter of 2018 driven by improvement in its upstream business. Repsol said on Wednesday that its operating income for the third quarter 2018 increased to 934 million euros from 653 million euros in the same period last year. Repsol’s adjusted net income […]
-
Business & Finance, Exploration & Production, Project & Tenders
Norwegian oil company Statoil has awarded two contracts at a total value of more than NOK 4.35 billion ($558 million) to Odfjell Drilling for drilling wells on the Johan Sverdrup field in the North Sea, offshore Norway. Odfjell Drilling has been awarded contracts both for the Deepsea Atlantic semi-submersible rig and for drilling services on […]
-
Statoil will take over Total’s stakes in the Martin Linge field (51%) and the Garantiana discovery (40%) on the Norwegian continental shelf (NCS). Statoil will take over both operatorships and pay Total a consideration of $1.45 billion. Total E&P Norge is the operator of the Martin Linge field, which is located offshore Norway near the British part […]
