5763 results found for 'cosl statoil'

5763 results found for 'cosl statoil'
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  • Statkraft Setting Stage for Offshore Wind Brexit

    9 September 2016
    Business & Finance, Operations & Maintenance

    Norway’s Statkraft is preparing a possible divestment of its shares in the operational Sheringham Shoal offshore wind farm, as well as the Dudgeon and the Dogger Bank projects.  The revised strategy follows the announcement in December 2015 that Statkraft would make no new investments in offshore wind. Preparations for the divestment will be carried out in […]

  • Statoil hands in development plan for Byrding oil & gas discovery

    19 August 2016
    Project & Tenders

    Statoil and its partners on Friday submitted the Plan for Development and Operation of the Byrding oil and gas discovery, previously known as Astero, in the North Sea to government authorities. The discovery is located about 3.8 kilometers north of Fram and 27 kilometers southwest of Gjøa. Water depth in the area is 360 meters, and […]

  • Norway: Nexans to Supply Umbilicals for Statoil’s Gullfaks Subsea Gas Compression

    7 June 2012
    Business & Finance, Equipment, Project & Tenders

    Nexans, a worldwide leading expert in the cable industry, has secured a 16 million Euro contract with Statoil to engineer and supply a 16.5km subsea power umbilical that will be used to connect the Gullfaks C platform in the North Sea to its subsea compression and processing equipment. The Gullfaks project, located 160km west of […]

  • USA: PUC Chairman Changes Mind on Hywind Maine Project

    13 February 2013
    Authorities & Government

    Thomas Welch, Chairman of the Maine Public Utilities Commission (PUC), changed his standpoint on Statoil’s proposal for the Hywind Maine offshore wind project and has now expressed his support for its development, according to Bangor Daily News. Last month, the PUC approved the project with Mr. Welch’s deciding vote, thus allowing the company to sell […]

  • Statoil tightens 3Q net loss, delays two projects

    28 October 2015

    Norwegian oil and gas giant Statoil has reported a net loss of NOK 2.8 billion ($330.7 million) in the third quarter of 2015, mainly due to net impairment charges and provisions. Statoil narrowed its losses when compared to the same period last year and a net loss of NOK 4.8 billion ($566,1M), but in the previous […]

  • Partners Need More Time for Johan Castberg’s Concept Selection

    30 June 2014
    Business & Finance, Operations & Maintenance

    The partners in the Johan Castberg licence, comprising Statoil, Eni and Petoro, have decided to spend more time on making the final concept selection for the Johan Castberg project. “The companies will continue efforts to mature the technical development solution, updating the resource basis and reducing cost leading up to the summer of 2015. The […]

  • Statoil Submits PDO for Gullfaks Rimfaks

    17 December 2014
    Operations & Maintenance, Research & Development

    Statoil and its partners have decided to develop the Rutil discovery located in the Gullfaks Rimfaks valley in the North Sea. Providing close to 80 million barrels of oil equivalent, the development will extend the lifetime of the Gullfaks A platform. The plan for development and operation (PDO) was submitted to the authorities on 16 […]

  • Natural Gas is Key to Reaching Europe’s Energy and Climate Targets

    24 February 2011

      Natural gas should play a key role in reaching Europe’s 2050 climate targets in the most cost-efficient manner, according to a report published today by the European Gas Advocacy Forum (EGAF). Statoil participates in the EGAF together with a number of other key gas players. The EGAF report addresses how Europe can reach the […]

  • Statoil Begins Production on Fram H-North and Svalin C

    10 September 2014
    Business & Finance, Operations & Maintenance

    Statoil’s “Fast-track” fields Fram H-North and Svalin C in the North Sea have now started producing. Statoil’s fast-track development projects are increasing the company’s and partners’ oil and gas production through a combination of standardised subsea development solutions and utilisation of infrastructure in a manner which helps extend the lifetime of existing fields. Production start-up […]

  • Statoil’s Fram H-North and Svalin start production

    10 September 2014
    Business & Finance, Equipment

    Statoil’s fast-track development projects are increasing the company’s and partners’ oil and gas production through a combination of standardised subsea development solutions and utilisation of infrastructure in a manner which helps extend the lifetime of existing fields.

  • OSBIT Power’s MaXccess System Begins Trials in Norway

    5 March 2012
    Technology

    UK-based, OSBIT Power (OP) announced today it has begun offshore trials of its innovative offshore wind access system, MaXccess. OP has agreed with Siemens Wind Power and Statoil to conduct trials at Statoil’s Hywind demo floating wind turbine in Norway. The MaXccess system has been developed by OP, with the first production MaXccess unit, MX11/01, […]

  • Norway: Statoil Restarts Hammerfest LNG

    1 November 2011

    Statoil’s LNG plant at Hammerfest is back online as planned after being shut down since 14 October. The plant receives large amounts of natural gas from the Snøhvit field which is cooled down (liquefied) to LNG and prepared for export. After a scheduled shutdown earlier this year pressure build-up which may be related to icing […]

  • Norway: Statoil Boosts its R&D Investments

    10 January 2012
    Business & Finance, Operations & Maintenance

    Statoil has singled out four business critical technologies as key to achieving the company’s growth ambitions. Statoil is boosting its R&D investments by 27% and starting to plan Norway’s biggest centre for IOR technology. In the period up to 2020 Statoil will maintain a high level of production on the Norwegian continental shelf while doubling […]

  • Norway: OSBIT Power Begins Trials for Its MaXccess System

    5 March 2012
    Business & Finance

    UK-based, OSBIT Power (OP) announced today it has begun offshore trials of its innovative offshore wind access system, MaXccess. OP has agreed with Siemens Wind Power and Statoil to conduct trials at Statoil’s Hywind demo floating wind turbine in Norway. The MaXccess system has been developed by OP, with the first production MaXccess unit, MX11/01, […]

  • OSBIT Power’s MaXccess System Begins Trials in Norway

    5 March 2012
    Technology

    UK-based, OSBIT Power (OP) announced today it has begun offshore trials of its innovative offshore wind access system, MaXccess. OP has agreed with Siemens Wind Power and Statoil to conduct trials at Statoil’s Hywind demo floating wind turbine in Norway. The MaXccess system has been developed by OP, with the first production MaXccess unit, MX11/01, […]

  • The Netherlands: Statoil’s Senior VP for Natural Gas Speaks at the Flame Gas Conference

    10 May 2011

      At a time when governments in Europe are rethinking their energy policies, it is important that the industry collaborate in promoting natural gas as essential for Europe’s energy future. “Only together we can ensure that gas receives the attention and the role it deserves, being a secure, cost efficient and relatively clean source of […]

  • Norwegian oil firm brings online world’s first floating wind farm

    18 October 2017

    Norwegian oil and gas company, or in this context, energy company, Statoil, has brought online the world’s first floating offshore wind farm – the Hywind Scotland. According to Statoil, the wind farm, to be officially opened on Wednesday by the First Minister of Scotland, Nicola Sturgeon, has started to deliver electricity to the Scottish grid. The […]

  • Statoil Files Zero-Subsidy Bid for Hollandse Kust Zuid I & II

    21 December 2017
    Project & Tenders

    Statoil, the company behind the world’s first operational floating wind farm, has submitted a zero-subsidy bid at the Dutch offshore wind tender for Hollandse Kust Zuid I & II project in the North Sea.

  • Statoil to Evaluate New CO2 Storage Project on NCS

    3 July 2017
    Project & Tenders, Research & Development

    Gassnova has assigned Statoil to evaluate the development of carbon storage on the Norwegian continental shelf (NCS). This will be the first storage site in the world receiving CO2 from several industrial sources, the company noted. The storage project is part of Norwegian authorities’ efforts to develop full-scale carbon capture and storage in Norway. It will […]

  • Statoil Plans $1.5 Billion in Modifications Off Norway

    7 January 2011

    Statoil has planned 990 modification projects on the Norwegian continental shelf in 2011, with a price tag totalling NOK 9 billion (Approximately USD$1,52 bln). The modifications will improve health, safety and the environment (HSE) – as well as earnings from the installations. Appropriations for modification work have been consistently high for a number of years […]

  • China Speeds up With Tidal Energy Development

    26 October 2011

    “Tidal power generation has the same working theory as hydropower. You have to build dams aside lochs or river mouths where the tide emerges and place hydroelectric generating sets in the dams so that they can generate power due to the difference of tides level. From the angle of energy, hydroelectric generating sets translate tide […]

  • Statoil Participates in Hebron Field Development Offshore Canada

    6 January 2013
    Business & Finance, Operations & Maintenance

    On December 31st, 2012, the Hebron field development offshore Newfoundland and Labrador in Canada was sanctioned by operator ExxonMobil and its co-venturers. For Statoil, which holds a 9.7% share in Hebron, this is a significant component in the growth of the company’s Canada East Coast operations. Located approximately 350 km offshore Newfoundland, the Hebron platform […]

  • E.ON and Statoil to Jointly Build 385MW Arkona Offshore Wind Farm

    25 April 2016
    Business & Finance

    Germany’s E.ON and Norwegian energy company Statoil have teamed up on a EUR 1.2 billion project to build the 385MW Arkona offshore wind farm in the German waters of the Baltic Sea. Statoil will have a 50-percent stake and will be involved in the project from the start. E.ON, the holder of the remaining 50% stake, will have […]

  • Masdar Acquires 25% Stake in Statoil’s Hywind Scotland Project

    17 January 2017
    Business & Finance

    Statoil has agreed to divest 25% of its assets in Hywind Scotland pilot park, the world’s first floating wind farm, to Masdar.

  • DW: O&G Companies, Start-Ups Tapping Into UK Offshore Wind

    7 December 2015
    Business & Finance

    Douglas-Westwood (DW) has reported that it recently provided consulting for new companies looking to take advantage of the UK’s growing offshore wind sector. In addition to oil & gas companies moving into the offshore wind supply chain, a number of start-ups are entering the offshore wind sector. Given the announcement by the UK Energy and Climate Change […]