5781 results found for 'cosl statoil'

5781 results found for 'cosl statoil'
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  • Statoil Starts World’s First Subsea Wet Gas Compression

    12 October 2015
    Equipment, Operations & Maintenance, Research & Development

    Statoil 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, Statoil wrote. “We are […]

  • Statoil: Norway’s North to benefit from Johan Castberg. FID by the end of 2017

    27 June 2017
    Project & Tenders

    Norwegian oil company Statoil has presented a case according to which its Johan Castberg field development in the Barents Sea will have benefits for North Norway. In a statement on Monday, Statoil said the overall operational support to Johan Castberg “will have considerable spinoffs in North Norway.” The company has decided that the Johan Castberg […]

  • Gassco takes over Polarled pipeline operatorship

    4 May 2017

    Norway’s Statoil has transferred the operatorship for the Polarled subsea pipeline linking the Aasta Hansteen field in the Norwegian Sea and Nyhamna to Gassco. According to Statoil, the 482-kilometer pipeline between the Aasta Hansteen field in the Norwegian Sea and Nyhamna in Møre og Romsdal was delivered NOK 4.5 billion below budget. Polarled is the first […]

  • Statoil: $18.5 trillion will be needed in O&G investment to meet future demand

    17 November 2014
    Business & Finance

    “The scale of the climate challenge requires us not only to ask how we can do more, but how we can achieve the most. Climate change doesn’t stop at borders – and neither should our solutions,” says Statoil CEO Eldar Sætre at the Statoil Autumn Conference. “We need a global approach that stimulates technology innovation,” […]

  • Statoil Files Byrding Plan

    19 August 2016
    Business & Finance, Operations & Maintenance

    Statoil and its partners today submitted the plan for development and operation of the Byrding oil and gas discovery in the North Sea to government authorities. Capital expenditures estimated at approximately NOK 1 billion, recoverable volumes are projected at approx. 11 million barrels of oil equivalent. “This is another example of a new discovery being […]

  • Norway: Statoil Steps Up Technology Efforts to Increase Production

    10 January 2012
    Business & Finance

    Norway’s 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 […]

  • South Korea’s Samsung Heavy to Construct Topsides for Statoil’s Valemon Platform

    18 May 2011
    Business & Finance

      Statoil is to choose Samsung Heavy Industries for construction of the topsides for the Valemon platform. The contract is worth an estimated NOK 2.3 billion(USD 414 million) . The award has taken place in wide-ranging international competition among pre-qualified suppliers. “We’ve awarded the assignment to build the Valemon topsides to Samsung Heavy Industries,” says […]

  • Statoil postpones Johan Castberg and Snorre 2040

    6 March 2015
    Exploration & Production, Project & Tenders

    Statoil has informed that the licensees in the Johan Castberg and Snorre 2040 licences have decided to spend more time on the projects. “Castberg and Snorre 2040 are two major and important projects in our portfolio, and it is important that we find sound and robust development solutions for them,” says Ivar Aasheim, Statoil’s senior […]

  • Statoil prepares ‘major’ exploration campaign in Barents Sea

    30 August 2016

    Norwegian oil company Statoil aims to conduct a major exploration campaign in several parts of the Barents Sea in 2017. During the past months, Statoil has increased its share in several licenses in the Norwegian part of the Barents Sea through agreements with Point Resources, DEA, OMV, and ConocoPhillips. Statoil has increased its interest in five […]

  • Statoil dishes out over $874 million in new contracts

    6 October 2017
    Business & Finance

    Norwegian oil company Statoil has awarded renegotiated framework agreements to Bilfinger Industrier Norge and Kaefer Energy for insulation, scaffolding and surface (ISO) services treatment.  Valued at a total of more than NOK 7 billion ($874.4M), the contracts will run until the end of 2030, Statoil said on Friday. The framework agreements cover ISO services for the […]

  • TechnipFMC, OneSubsea Join Aker Solutions in Statoil Win

    14 December 2017
    Equipment, Operations & Maintenance, Project & Tenders

    TechnipFMC and OneSubsea have, along with Aker Solutions, secured new subsea maintenance framework agreements from Statoil on the Norwegian continental shelf (NCS). The contracts have a total estimated value of more than NOK 8 billion (USD 960 mln) and a duration extending to 2023. In addition, the contracts include options for a total of 20 years. The […]

  • Aibel to build deck for Johan Sverdrup platform

    24 February 2015
    Exploration & Production

    Today Statoil, on behalf of the Johan Sverdrup partnership, will sign a contract with Aibel for the construction of the deck for the drilling platform on the field. The contract is worth in excess of NOK 8 billion (USD 1.05 billion). The contract includes engineering work, procurement and construction (EPC) of the drilling platform deck. […]

  • Nexans to Supply Umbilicals for Gullfaks C Platform (Norway)

    7 June 2012
    Business & Finance

    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 […]

  • Norway: Songa Offshore Wins Additional Cat D Rig Contracts from Statoil

    24 February 2012
    Business & Finance

      Songa Offshore SE announces that its 100% owned subsidiary, Songa Rig AS, has received and accepted a Letter of Award (LOA) from Statoil for two newbuild “cat D” semisubmersible rigs. This award follows the agreement of July 2011 between Songa Rig AS and Statoil for the first two cat D rigs. The contract period […]

  • Statoil Presents Long Term Growth Outlook (Norway)

    20 June 2011

    Today, Statoil presented its long term growth outlook. The company expects to raise production from around 1,9 million barrels in 2010 to above 2.5 million barrels of oil equivalents per day in 2020. With premium positions on a revitalised Norwegian Continental Shelf (NCS) and a world class project portfolio, Statoil is positioned to deliver strong […]

  • Norway: Statoil Delivers Strong Third Quarter Results

    26 October 2012
    Business & Finance, Operations & Maintenance

    Statoil’s third quarter 2012 net operating income was NOK 40.9 billion, a 4% increase compared to NOK 39.3 billion in the third quarter of 2011. “Statoil delivered solid financial results in the quarter. By ramping up new fields, we have grown production year to date by 10% compared to the same period last year, and […]

  • Statoil Net Income Up 35 Pct

    29 April 2014

    Statoil of Norway said that the company’s first quarter 2014 net operating income was NOK 51.4 billion, a 35% increase compared to the first quarter of 2013. Adjusted earnings were up 9% to NOK 46.0 billion. “We are pleased to present strong financial results for the quarter. Higher prices and good results from our US […]

  • Statoil hands over Polarled gas pipeline to Gassco

    4 May 2017

    Norwegian energy company and LNG player Statoil said it has transferred the operatorship of the Polarled natural gas pipeline to Gassco. The 482-kilometre pipeline between the Aasta Hansteen field in the Norwegian Sea and Nyhamna was delivered NOK 4.5 billion ($520m) below budget, according to a statement by Statoil. Polarled is the first subsea pipeline crossing […]

  • New gas module on Troll C to help boost production from Fram

    6 November 2017
    Business & Finance, Project & Tenders

    The partners in the Fram license have decided to invest in a new project to increase production from the Fram field located in the North Sea off Norway, about 20 kilometers north of the Troll field. 

  • Statoil submits Johan Castberg field development plan

    5 December 2017
    Infrastructure, Project & Tenders

    Statoil has submitted the plan for development and operation for its Johan Castberg project in the Barents Sea, offshore Norway.

  • Baker Hughes and Schlumberger to Work on Oseberg and Gullfaks Cat J Rigs

    18 January 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Statoil said it will contract Baker Hughes and Schlumberger for integrated drilling and well services on the Cat J rigs Askepott and Askeladden. The rigs will perform work at Oseberg and the Gullfaks. Initially awarded for four years the contracts include options for two 2-year extensions. The contracts include: Cementing and pumping; Completion; Drilling and […]

  • Powering up at Sea (Norway)

    10 November 2010

    Statoil has resolved to concentrate even more strongly on offshore wind turbines as part of its strategy for renewable energy. This decision reflects the strong international growth in this segment, combined with the group’s unique offshore experience from the oil and gas industry. As part of its commitment to marine turbines, the group will make […]

  • Oceaneering to supply 39 km of umbilicals for Johan Castberg

    9 January 2018
    Infrastructure

    Statoil will use Oceaneering’s umbilicals for its recently sanctioned Johan Castberg field development in the Barents Sea, offshore Norway. Oceaneering on Tuesday said it had won the contract for dynamic and static control umbilicals, totaling approximately 39 kilometers (24 miles) in length, and associated hardware. Oceaneering plans to design and manufacture the umbilicals at its […]

  • Statoil discovers gas near Visund

    19 March 2014

    Statoil Petroleum AS, operator of production licence 120, has concluded the drilling of wildcat well 34/8-17 S. The well was drilled on the northeast flank of the Visund field, in the northern part of the North Sea. The well’s primary exploration target was to prove petroleum on the east flank of the Visund field in Lower […]

  • DeepOcean Installs Subsea Tree at Skuld Field (Norway)

    19 November 2012
    Equipment

    DeepOcean has for the first time installed a subsea X-Mas tree from the specialised IMR vessel Edda Fauna. This is a milestone in the company’s IMR work for Statoil. DeepOcean has three ships that work year round performing several hundred different annual inspection, maintenance and repair work annually on all Statoil operated subsea assets on […]