5802 results found for 'cosl statoil'

5802 results found for 'cosl statoil'
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  • 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 […]

  • 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’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. […]

  • Statoil Contracts SBM Offshore for Johan Castberg FPSO Turret Mooring

    7 December 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Statoil has signed a contract with SBM Offshore for delivery of the turret mooring system on the floating production ship (FPSO) for the Johan Castberg field. The contract is an exercise of an option in connection with the conclusion of a FEED contract with the same company. “This is a specialized delivery that only a […]

  • GE Bags Another Statoil Deal

    10 September 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    GE Oil & Gas has been awarded a four-year framework agreement to provide wellhead equipment and associated services to Statoil with the option of two, two-year extensions. This deal follows the company’s framework agreement with Statoil to provide subsea operations services for its Tordis, Vigdis, Snorre and Troll fields, located north west off the coast […]

  • Wood Group Scores Snorre Flowlines FEED

    11 April 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    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 North Sea. The contract will be delivered by Wood Group’s Stavanger, Norway office and follows on from the completion of a concept study for the project […]

  • Statoil to Sell Interest in Norwegian and UK Assets

    19 August 2013
    Business & Finance, Operations & Maintenance

    Statoil ASA has signed an agreement to divest minority interests in the Gullfaks and Gudrun fields offshore Norway and exit the non-core, non-operated Schiehallion and Rosebank fields, West of Shetlands. In addition to the cash consideration of USD 2.65 billion, the transaction with Austrian oil and gas company OMV includes a contingent payment and involves […]

  • FMC Technologies to supply subsea equipment for Johan Sverdrup

    18 September 2015
    Business & Finance

    On behalf of the Johan Sverdrup partnership, Statoil has awarded an EPC contract for subsea equipment for the Johan Sverdrup project, offshore Norway, to FMC Kongsberg Subsea AS. The contract involves establishment of a new and cost efficient standard for subsea equipment. According to Statoil’s press release issued Friday, the contract has an estimated value […]

  • Scottish Enterprise signs partnership agreement with Statoil

    27 June 2014
    Business & Finance, Equipment

    Statoil Technology Invest and Scottish Enterprise have formed a strategic partnership to encourage small and medium-sized enterprises (SME) in Scotland to invest in R&D and technology development. Richard Erskine, head of Statoil Technology Invest, and Scottish Enterprise chief executive Lena Wilson signed the Memorandum of Understanding in Edinburgh today, Thursday 26 June. John Swinney, Cabinet […]

  • Statoil, Rosneft to Conduct Joint Exploration Offshore Russia

    21 June 2013

    Statoil and Rosneft today 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 […]

  • Statoil submits plan for development in Gullfaks area

    30 June 2015

    Statoil and its partners have today submitted an amendment to the Plan for Development and Operations (PDO) for the Gullfaks licence to the Ministry of Petroleum and Energy for phase 1 of the Shetland/Lista development. According to Statoil, phase 1 of the development is expected to add 18 million barrels of oil equivalent, and will […]

  • PSA: Statoil needs to improve workers’ participation (Norway)

    21 January 2015

    Between September and December 2014, the Petroleum Safety Authority (PSA) Norway has carried out an audit of improvement activities within Statoil and the company’s arrangements for employee participation. The audit showed that Statoil’s involvement of its employees was not in compliance with regulatory requirements. According to the PSA, for a number of years, the agency has followed […]

  • Statoil Sells 24.1 pct Stake in Gassled to Solveig Gas Norway AS

    6 June 2011
    Business & Finance

    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 ( 3.24 billion USD). 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 […]

  • Statoil to use M-I SWACO’s tank cleaning technology

    6 January 2016
    Business & Finance, Equipment

    Schlumberger’s M-I SWACO has signed a NOK 500 million ($55.8 million) contract with Statoil under which it will deliver its newly-developed technological solution for the cleaning of tanks on supply vessels. The contract extends over four years with an option to renew for a further four years. Although Statoil has not used this type of technology […]

  • Songa Offshore: One rig stacked waiting for work

    6 October 2014
    Business & Finance, Project & Tenders

    Songa Offshore, an international drilling company, has informed that Songa Venus semi-submersible drilling rig is stacked in Malaysia where it pursues future work.    Songa Venus is stacked in Labuan, Malaysia, where it pursues future work. The rig was, as previously announced, sold to Opus Offshore in July 2014 and is on a bare-boat contract back […]

  • Norway: Aker Solutions Delivers Subsea Templates for Skuld Fast-Track Development

    23 January 2012
    Business & Finance, Equipment, Operations & Maintenance

    Last week, two of the three subsea templates for Statoil’s Skuld fast-track development were shipped out of Aker Solutions’ yard in Egersund, Norway. The two identical templates are being delivered on budget and on time, in line with Statoil’s standardization objectives to reduce cost levels as well as risk and time in execution of the […]

  • DNV GL Helps Trim Subsea Documentation

    13 June 2016
    Business & Finance, Equipment, Research & Development

    A two-year cross-industry project led by DNV GL has delivered a publicly available Recommended Practice which can reduce the amount of subsea documentation and enable documentation reuse in a typical subsea field development project. DNVGL-RP-O101 ‘Technical documentation for subsea projects’ details a required minimum set of documentation transferred between E&P companies, operators and contractors for the construction, […]

  • DNV GL’s guideline moves to trash excess subsea paperwork

    13 June 2016
    Equipment

    Offshore and maritime classification society DNV GL has launched a guideline which “trashes unnecessary subsea documentation.” According to DNV GL, customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation. The guideline “Technical documentation for subsea projects” details a required minimum set of documentation transferred between […]

  • Odfjell Well Services clinches Statoil contract

    10 September 2014
    Business & Finance, Equipment

    Odfjell Drilling’s well service division, Odfjell Well Services, has entered into a new contract with Statoil for tubular running services and rental services on the Norwegian continental shelf.

  • Statoil Presents Trestakk Development Plan

    1 November 2016
    Operations & Maintenance

    Statoil has submitted a Plan for Development and Operation (PDO) of the Trestakk discovery on the Halten Bank to the minister for petroleum and energy, Tord Lien, in Bodø. The discovery, made in 1986, contains about 76 million barrels of recoverable oil equivalent, mainly oil. The project will be tied back to the Åsgard A […]

  • 4Subsea Bags Statoil Master Service Agreement

    22 March 2017
    Business & Finance, Equipment, Operations & Maintenance

    4Subsea has secured a contract with Statoil to deliver services and research projects related to structural integrity of fixed and floating offshore installations. The contract covers the entire range of 4Subsea’s services – from oil and gas to renewable energy projects, from operational services to research and development, and from digital services and monitoring to traditional […]

  • Statoil Sells 2.65 Billion Worth of Offshore Assets to OMV

    19 August 2013
    Business & Finance

    Statoil ASA has signed an agreement to divest minority interests in the Gullfaks and Gudrun fields offshore Norway and exit the non-core, non-operated Schiehallion and Rosebank fields, West of Shetlands. In addition to the cash consideration of USD 2.65 billion, the transaction with Austrian oil and gas company OMV includes a contingent payment and involves […]

  • Statoil Enters Strategic Partnership with Scottish Enterprise

    27 June 2014
    Business & Finance, Project & Tenders

    Statoil Technology Invest and Scottish Enterprise have formed a strategic partnership to encourage small and medium-sized enterprises (SME) in Scotland to invest in R&D and technology development. Richard Erskine, head of Statoil Technology Invest, and Scottish Enterprise chief executive Lena Wilson signed the Memorandum of Understanding in Edinburgh today, Thursday 26 June. John Swinney, Cabinet […]

  • Statoil hands out contracts worth over $1B

    5 January 2016
    Business & Finance

    Statoil has awarded two new, long-term contracts with estimated value of NOK 11 billion ($1.2 billion) for insulation, scaffolding and surface treatment services to Beerenberg Corp AS and Prezioso Linjebygg AS. They will provide services to 20 of the company’s 29 installations on the Norwegian continental shelf (NCS) when the contracts take effect. Carried out […]