5763 results found for 'cosl statoil'

5763 results found for 'cosl statoil'
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  • UK: Industry Focuses on Foundation Costs

    26 March 2013

    The sub area selected by the senior executives with most potential for cost reduction was foundations, with almost twice as many responses as the next closest. Foundations make up 19% of an offshore wind power plant’s LCOE according to Lindoe Offshore Renewables Center [LORC]. Foundation cost reduction, and the cost of the logistics to their […]

  • Norway: Aker Solutions Provides Wireline Tractor Services to Statoil

    1 October 2012
    Business & Finance, Equipment, Project & Tenders

    Aker Solutions has been awarded a four-year frame agreement from Statoil for delivering wireline tractor services on the Norwegian continental shelf. The frame agreement is valid for four years from 2013 to 2017, with two additional two-year options (2+2). Aker Solutions will deliver well intervention services using its proprietary wireline tractor technology and wireline tractor […]

  • Aker Wins Statoil Contract, Norway

    1 October 2012

    Aker Solutions has been awarded a four-year frame agreement from Statoil for delivering wireline tractor services on the Norwegian continental shelf. The frame agreement is valid for four years from 2013 to 2017, with two additional two-year options. Aker Solutions will deliver well intervention services using its proprietary wireline tractor technology and wireline tractor application […]

  • Statoil Alters Sailing Routes to Platforms in North Sea

    1 November 2013
    Business & Finance

    Statoil has decided to alter its sailing routes from the supply bases in Southern Norway to the platforms in the North Sea. The decision is a result of several years’ work aimed at optimising use of supply vessels and bases. The current sailing routes to the platforms in the North Sea from the bases in […]

  • Europe’s energy policy needs to change, says Statoil VP

    4 April 2014
    Business & Finance

    There is a pressing need to change Europe’s energy policy framework to make it more predictable and market oriented. This was a key message conveyed by Statoil natural gas senior vice president Rune Bjørnson at a conference in Brussels earlier this week. Statoil is the second-largest supplier of gas to Europe. “The good news is […]

  • Mechanical Failures Extend Yard Stay for Songa Trym (Norway)

    5 February 2013

    Songa Offshore, a drilling contractor based in Cyprus, yesterday announced that due to unexpected mechanical failures to already overhauled, installed and certified equipment and late delivery of OEM equipment, the completion of the yard stay for Songa Trym will be further delayed. The work and acceptance testing is now anticipated to be completed during the […]

  • Safety watchdog keeps an eye on Statoil’s new drilling method

    12 April 2016
    Exploration & Production

    The Petroleum Safety Authority (PSA) has carried out an audit of how Statoil is meeting regulatory requirements relating to the use of a new method for drilling and well intervention at Gullfaks C, in the North Sea.  The PSA in December 2015 carried out an audit of Statoil’s planning and execution of the TTRD (Through […]

  • Statoil and NASA Form Research Agreement

    25 November 2013
    Business & Finance, Project & Tenders

    Statoil and NASA have formed an agreement to explore a wide range of technologies to assist Statoil in the search for oil and gas exploration and production efforts, which are increasingly moving into frontier regions. The contract with NASA is effectuated at Jet Propulsion Laboratory (JPL) at Pasadena, California, which is managed by the California […]

  • Statoil Decides to Sell 24.1 Percent Stake in Gassled JV (Norway)

    6 June 2011

      Statoil ASA has decided to divest a 24.1% direct and indirect stake in Gassled joint venture (jv) for a consideration of NOK 17.35 billion. Following this transaction, Statoil will continue to own 5.0% in the jv. The buyer is Solveig Gas Norway AS, a holding company that is approximately 45% owned by Canada Pension […]

  • Statoil Extends Wireline Services Contract with Aker Solutions

    1 November 2012
    Business & Finance

    Statoil has exercised a two-year contract option with Aker Solutions for provision of mechanical wireline services on Statoil operated fields and mobile drilling units on the Norwegian continental shelf. The initial three-year contract period started in 2009. Statoil has now exercised the first of two potential two-year contract options. Aker Solutions estimates that the two-year […]

  • Statoil, NASA Work Together on O&G Research

    25 November 2013
    Business & Finance, Equipment

    Statoil and the National Aeronautical and Space Administration (NASA) have formed a partnership to explore how technologies and knowledge from the space and oil and gas industries can be relevant to one another. Statoil and NASA have formed an agreement to explore a wide range of technologies to assist Statoil in the search for oil […]

  • Norway: FMC Secures LWI Services Contracts from Statoil

    24 May 2012
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    FMC Technologies, Inc. announced that it has signed two five-year contracts with Island Offshore Management AS to supply Light Well Intervention (LWI) services for use by Statoil in the North Sea, contingent on approval from Statoil’s partners. Each contract contains options for two, two-year extensions. FMC’s LWI services enable cost effective intervention and maintenance operations […]

  • Statoil Begins Building Norway’s Biggest Research Centre for Improved Recovery

    25 September 2012
    Business & Finance

    As part of Statoil’s plans to increase the recovery rate on the Norwegian continental shelf from 50% to 60%, Statoil has commenced building Norway’s biggest research centre for improved recovery in Trondheim. Norway’s petroleum and energy minister Ola Borten Moe and CEO Helge Lund were present to celebrate the start of construction work on Statoil’s […]

  • Statoil CEO Speaks at 2012 Autumn Conference, Norway

    19 November 2012

    “One of the great challenges of our time is to meet the world’s increasing demand for energy, while at the same time tackling the global climate challenges in a responsible manner,” says Statoil CEO Helge Lund at the 2012 Autumn Conference. Statoil believes that more forceful international measures are necessary in order to reduce global […]

  • Oil & Gas, Offshore Wind Joint Industry Project Leads to WIN WIN Situation

    4 May 2016
    Research & Development

    The DNV GL-led WIN WIN (WINd-powered Water INjection) project, which gathered industry players from oil & gas and offshore wind sectors, including ExxonMobil, ENI Norge, Nexen Petroleum UK Ltd., Statoil, VNG Norge, PG Flow Solutions and ORE Catapult, is on the right track to make the best use of both offshore energy industries in a single project. The WIN […]

  • Statoil’s Financial Results Impacted by Lower Gas Prices, CEO Says

    25 July 2013
    Business & Finance

    Statoil, an international energy company with operations in 35 countries, has announced second quarter 2013 results. Statoil’s net operating income for the second quarter was NOK 34.3 billion compared to NOK 62.0 billion in the second quarter of 2012. Adjusted earnings were NOK 38.0 billion, compared to NOK 45.8 billion in the second quarter of 2012. […]

  • Aker Solutions nets Åsgard topside work for Trestakk development

    4 November 2016
    Business & Finance

    Aker Solutions was awarded on Friday a topside contract by Statoil for delivery to the Trestakk development located in the Norwegian Sea. The award follows a recent submission by Statoil of the Plan for Development and Operation of the Trestakk discovery to the Norwegian minister for petroleum and energy Tord Lien. The project will be tied back […]

  • Statoil and Rosneft Move Forward with Exploration Cooperation

    21 June 2013
    Business & Finance, Operations & Maintenance, Project & Tenders, Research & Development

    Statoil and Rosneft signed agreements that complete the contractual framework of their Joint Venture to explore offshore frontier areas in the Sea of Okhotsk and in the Barents Sea. The companies have also concluded a Heads of Agreement to explore shale oil opportunities in the Samara region. The agreements were signed by Statoil CEO Helge […]

  • Statoil Earnings Down

    7 February 2014

    Statoil’s fourth quarter 2013 net operating income was NOK 43.9 billion. In 2013, net operating income was NOK 155.5 billion. At today’s Capital Markets Update, Statoil presents its plan for reduced capital expenditure by more than USD 5 billion from 2014-16 compared to previous plans. This will enable positive organic free cash flow after dividend […]

  • Wood Group to do FEED work on Statoil’s Snorre expansion

    11 April 2017
    Business & Finance

    UK-based energy services company Wood Group has been awarded a contract with Statoil to provide front end engineering design (FEED) to the subsea flowline system of the Snorre expansion project in the Norwegian sector of the North Sea.  The contract will be delivered by Wood Group’s Stavanger, Norway office and follows on from the completion […]

  • Statoil Submits Development Plan for Delta 2 Field (Norway)

    30 May 2013

    Together with its partners, Statoil has submitted its plan for the development and operation (PDO) of the Delta 2 field in the North Sea. This development forms part of Statoil’s fast-track portfolio. Senior vice president for field development on the Norwegian continental shelf, Ivar Aasheim, handed over the plan to Norwegian petroleum and energy minister Ola […]

  • Statoil farms into UK North Sea blocks. Drilling slated for 2017

    10 October 2016

    Jersey Oil & Gas, an oil and gas company ‎focused on the UK Continental Shelf , is set to complete a farm-out of its North Sea assets. The farm-out agreed with Norway’s Statoil in August is expected to be completed soon. “Following receipt of funds by all parties, which is expected imminently, JOG will have completed […]

  • Aker Solutions to work on tie-in of Utgard to Sleipner

    4 April 2016
    Business & Finance

    Aker Solutions’ maintenance, modifications and operations (MMO) business in Norway secured a contract from Statoil for preliminary engineering work to enable a tie-in of the Utgard gas and condensate field to the Sleipner facilities in the North Sea. According to Aker Solutions, the work involves preliminary engineering for platform modifications at Sleipner to tie in […]

  • Partrac Secures Dudgeon Metocean Contract

    19 April 2016
    Project & Tenders

    Partrac has been selected by Statoil to provide real-time wave and current measurement services for the Dudgeon offshore wind farm. Partrac has been contracted to manage the deployment and maintenance of the equipment and the delivery of real-time waves and current data over the duration of the construction phase of the development. The company chose a […]

  • World’s First Floating Wind Farm Outdelivers

    15 February 2018
    Operations & Maintenance

    The 30MW Hywind Scotland, the world’s first commercial-scale floating wind farm, performed better than expected in its first three full months in production, Statoil, the operator of the wind farm said.